Government finances

Central government data (World Bank WDI). Not directly comparable with EU Maastricht figures which use general government.

Government debt
26.6% GDP
2024
Govt expenditure
33% GDP
2023
Budget deficit
3% GDP
2024

Price level

Turkiye is 58.9% cheaper than the USA overall (2025). Index: USA = 100.

Overall price level
41.1(USA=100)
2025

Source: World Bank WDI (PA.NUS.PPP / PA.NUS.FCRF × 100). GDP price level only.

Government debt since 2010

YearDebt (% GDP)Change
201045.2—
201140-5.2
201237.7-2.3
201331.8-5.9
201431.1-0.7
201529.1-2
201630.1+0.9
201729.6-0.5
201829.4-0.2
201933.5+4.1
202041+7.6
202141.6+0.6
202235.3-6.3
202333.3-2.1
202426.6-6.6

Data sources

DatasetSourceCoverage
Govt debt / expenditure / revenue / surplusWorld Bank WDI (GC.* indicators)2000–2024
Price level index (USA=100)World Bank WDI PPP/XR ratio1990–2023
Labour tax wedgeEurostat earn_nt_taxrateEEA/EU only
Statutory tax ratesOECD / EC Taxation Trends 2024EU+EFTA only