TÜİK announced the state accounts data for 2025
The general government deficit was estimated as 600 billion 427 million lira in 2025.
Quick Look
- According to TÜİK data, the general government deficit in 2025 was 600 billion 427 million lira.
- While the deficit to GDP ratio decreased to 0.9 percent, the ratio of gross debt stock increased to 23.7 percent.
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Why It Matters
Turkish Statistical Institute published 2025 state accounts data.
Turkish Statistical Institute announced the "government accounts" data for 2025.
Accordingly, the general government deficit was estimated as 600 billion 427 million lira last year, and the ratio of the general government deficit to GDP, which was 3.4 percent the previous year, decreased to 0.9 percent.
The central government sub-sector will have a deficit in 2025, while the local administrations and social security institutions sub-sectors will have a surplus. The ratio of general government consolidated gross debt stock to GDP increased to 23.7 percent in 2025.
THE SHARE OF EXPENDITURES IN GDP DECREASED
While general government total revenues increased to 21 trillion 429 billion 677 million liras, the share of revenues in GDP increased to 33.9 percent.
While total general government expenditures were 22 trillion 30 billion 104 million lira last year, the share of expenditures in GDP decreased to 34.8 percent.
Total tax and social contribution revenues reached 17 trillion 4 billion 170 million lira in 2025.
The share of taxes on production and imports in total tax and social contribution revenues decreased from 46.6 percent in 2024 to 44.5 percent in 2025.
While the share of current taxes on income and wealth increased to 28.3 percent, the share of net social contributions fell to 27.1 percent. The share of capital taxes remained at the same level at 0.1 percent.
Open Questions
- What are the detailed expenditure items of the sub-sectors?
