Turkey - Government Expenditures





Turkey: Government Expenditures

Mnemonic GVEXT.ITUR
Unit Ths TRY, NSA
Adjustments Not Seasonally Adjusted
Monthly 15.24 %
Data May 2019 81,609,395
Apr 2019 70,818,649

Series Information

Source Turkish Treasury
Release Budget Financing Statistics
Frequency Monthly
Start Date 1/31/2006
End Date 5/31/2019

Turkey: Government

Reference Last Previous Units Frequency
Government Budget Balance May 2019 -11,869,039 -14,309,064 Ths TRY, NSA Monthly
Government Expenditures May 2019 81,609,395 70,818,649 Ths TRY, NSA Monthly
Government Revenues May 2019 69,740,356 56,509,585 Ths TRY, NSA Monthly
Outstanding Public Debt 2019 Q1 453,422 444,815 Mil. USD, NSA Quarterly
Outstanding Public Debt - Foreign 2019 Q1 453,422 444,815 Mil. USD, NSA Quarterly
Outstanding Public Debt - Domestic Sep 2018 -8,186,944 -7,392,362 Ths TRY, NSA Monthly

Release Information

Both the General and Central government budget dataset shows the financing data of the cash balance resulting from budget transactions as well as net changes in deferred payment and advance payment accounts of the general budget institutions.

According to the Public Financial Management and Control Law No 5018, the central government budget (CGB) covers general budget institutions (list I), special budget agencies (list II), and regulatory and supervisory institutions (list III). General budget covers institutions that are listed under list I of the Public Financial Management and Control Law No 5018.

  • General budget cash balance is computed from budget transactions, as well as net changes in deferred payment and advance payment accounts of list I institutions. A positive general budget cash balance indicates a cash surplus, while a negative value stands for a cash deficit.
  • Central government budget cash balance is computed from budget transactions as well as net changes in deferred payment and advance payment accounts of the central government institutions. A positive CGB cash balance indicates a cash surplus, while a negative value stands for a cash deficit.
  • Net foreign borrowing: Computed as the difference between foreign borrowing (program loans, project loans, and bond issues) and amortization of principal by the Treasury.
  • Net domestic borrowing: Computed as the difference between domestic borrowing (TL Denominated T-Bills, TL Denominated G-Bonds and FX Denominated G-Bonds) and amortization of principal by the Treasury.
  • Net lending: Computed as the difference between lending and principal repayment. A positive net lending value affects total financing negatively.
    • Lending: Lending data consists of loans extended by the Treasury to the institutions not part of the general budget (Privatization Administration, The Scientific and Technological Research Council of Turkey local governments, SEEs, etc.). It also includes on-lending issues.
    • Repayment: Principal repayments from loans extended to the institutions stated above are shown under this heading.
  • Privatization receipts: Transfers from the Privatization Authority to the Treasury, as indicated by the Law Concerning Arrangements for the Implementation of Privatization No 4046 clause 10, are shown under this heading. Since 2008, privatization receipts are shown under general budget according to the annual budget law (eg. 2012 Central Government Budget Law No 6260, article 28). If the budget law does not have any clause related to this matter, privatization receipts are shown under financing.
  • SDIF revenue surplus: Transfers from the Savings Deposit and Insurance Fund to the Treasury, as indicated by the Law on Regulating Public Finance and Debt Management No 4749 provisional clause 17, are shown under this heading.
  • Currency/deposit and other transactions: Changes in cash and deposits of general government institutions (net of currency valuation) are shown under this heading. A negative figure indicates an increase in cash and deposits, while a positive figure indicates a decrease in cash and deposits. This heading also includes net errors and omissions that stem from discrepancies between revenue/expense accounts and financial accounts.