04, Aug 2020, EDT.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

Country or Region: Turkey › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Turkey indicators, › See Total Government Net Lending/ Borrowing (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: New Turkish Lira
Currency Symbol: TRY

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: Fiscal projections assume that both current and capital spending will be in line with the authorities? 2014?16 Medium-Term Program based on current trends and policies. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Turkish lira Data last updated: 03/2016

Total Government Net Lending/ Borrowing (National Currency) for Turkey is TRY -20.11 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Turkey was TRY -21.71 Billions Total Government Net Lending/ Borrowing (National Currency) for Turkey in 2015 was or will be 7.36% less than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Turkey was or will be TRY -43.85 Billions, which is 118.05% more than the 2015 figure.