Turkey - Goods and services expense (% of expense)

Goods and services expense (% of expense) in Turkey was 8.74 as of 2020. Its highest value over the past 48 years was 18.33 in 1972, while its lowest value was 7.84 in 1993.

Definition: Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

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

See also:

Year Value
1972 18.33
1973 17.60
1974 15.11
1975 14.18
1976 13.20
1977 13.73
1978 9.96
1979 10.92
1980 13.28
1981 16.07
1983 15.06
1984 14.40
1985 12.97
1986 16.66
1987 13.50
1988 12.52
1989 12.01
1990 11.69
1991 9.30
1992 9.85
1993 7.84
1994 8.08
1995 8.08
1996 8.00
1997 9.34
1998 8.55
2008 9.15
2009 9.08
2010 10.60
2011 10.18
2012 11.15
2013 11.46
2014 11.30
2015 11.49
2016 11.30
2017 11.05
2018 9.63
2019 8.82
2020 8.74

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.

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance