Turkey - Interest payments (% of revenue)

Interest payments (% of revenue) in Turkey was 10.05 as of 2020. Its highest value over the past 48 years was 49.86 in 1998, while its lowest value was 2.47 in 1978.

Definition: Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.

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

See also:

Year Value
1972 3.16
1973 3.37
1974 3.21
1975 3.03
1976 2.85
1977 2.73
1978 2.47
1979 3.00
1980 2.96
1981 5.36
1983 7.87
1984 13.82
1985 12.36
1986 15.45
1987 18.41
1988 19.25
1989 19.80
1990 22.58
1991 18.87
1992 15.23
1993 19.42
1994 23.79
1995 15.09
1996 18.29
1997 36.12
1998 49.86
2008 14.58
2009 14.10
2010 10.82
2011 9.37
2012 8.73
2013 7.11
2014 7.14
2015 6.25
2016 6.11
2017 6.89
2018 9.06
2019 7.91
2020 10.05

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