Turkey - Net lending (+) / net borrowing (-) (current LCU)

The value for Net lending (+) / net borrowing (-) (current LCU) in Turkey was -229,310,000,000 as of 2020. As the graph below shows, over the past 48 years this indicator reached a maximum value of 11,790,870,000 in 2015 and a minimum value of -229,310,000,000 in 2020.

Definition: Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
1972 -4,900
1973 -5,000
1974 -5,300
1975 -3,900
1976 -10,500
1977 -42,500
1978 -36,400
1979 -113,300
1980 -159,800
1981 -80,400
1983 -481,700
1984 -1,813,700
1985 -2,048,300
1986 -1,241,600
1987 -2,328,200
1988 -3,836,400
1989 -7,470,900
1990 -11,743,900
1991 -33,265,500
1992 -47,186,000
1993 -132,796,000
1994 -150,462,000
1995 -316,263,000
1996 -1,237,990,000
1997 -2,288,155,000
1998 -4,105,362,000
2008 -13,627,340,000
2009 -53,376,240,000
2010 -33,755,360,000
2011 -12,164,420,000
2012 -3,044,857,000
2013 3,860,988,000
2014 5,458,745,000
2015 11,790,870,000
2016 -36,668,470,000
2017 -79,480,500,000
2018 -77,373,350,000
2019 -123,457,000,000
2020 -229,310,000,000

Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance