Goods and services expense (current LCU) in Turkey
Turkey: Goods and services expense (current LCU) was 1.24 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Turkey, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Turkey recorded 1.24 trillion current LCU for goods and services expense in 2024. That is the highest value across all 43 years on record.
That represents a change of up 55.5% on the previous year and up 1,711.3% over ten years.
Over the whole period, goods and services expense in Turkey peaked at 1.24 trillion current LCU in 2024 and was at its lowest, 7,900 current LCU, in 1972.
Turkey ranks 27th of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense (current LCU) in Turkey, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 7,900 current LCU | — |
| 1973 | 9,700 current LCU | +22.8% |
| 1974 | 9,200 current LCU | -5.2% |
| 1975 | 13,000 current LCU | +41.3% |
| 1976 | 15,300 current LCU | +17.7% |
| 1977 | 23,100 current LCU | +51.0% |
| 1978 | 25,300 current LCU | +9.5% |
| 1979 | 56,800 current LCU | +124.5% |
| 1980 | 126,700 current LCU | +123.1% |
| 1981 | 199,700 current LCU | +57.6% |
| 1983 | 350,900 current LCU | +75.7% |
| 1984 | 555,500 current LCU | +58.3% |
| 1985 | 761,200 current LCU | +37.0% |
| 1986 | 1.16 million current LCU | +52.8% |
| 1987 | 1.46 million current LCU | +25.3% |
| 1988 | 2.34 million current LCU | +60.4% |
| 1989 | 4.09 million current LCU | +75.2% |
| 1990 | 7.03 million current LCU | +71.7% |
| 1991 | 11.27 million current LCU | +60.4% |
| 1992 | 20.33 million current LCU | +80.4% |
| 1993 | 35.62 million current LCU | +75.2% |
| 1994 | 68.57 million current LCU | +92.5% |
| 1995 | 131.44 million current LCU | +91.7% |
| 1996 | 297.65 million current LCU | +126.4% |
| 1997 | 742.24 million current LCU | +149.4% |
| 1998 | 1.34 billion current LCU | +81.1% |
| 2008 | 26.73 billion current LCU | +1888.2% |
| 2009 | 31.28 billion current LCU | +17.0% |
| 2010 | 39.25 billion current LCU | +25.4% |
| 2011 | 41.71 billion current LCU | +6.3% |
| 2012 | 52.18 billion current LCU | +25.1% |
| 2013 | 60.84 billion current LCU | +16.6% |
| 2014 | 68.39 billion current LCU | +12.4% |
| 2015 | 78.51 billion current LCU | +14.8% |
| 2016 | 91.52 billion current LCU | +16.6% |
| 2017 | 110.60 billion current LCU | +20.8% |
| 2018 | 122.27 billion current LCU | +10.6% |
| 2019 | 139.47 billion current LCU | +14.1% |
| 2020 | 154.37 billion current LCU | +10.7% |
| 2021 | 206.24 billion current LCU | +33.6% |
| 2022 | 435.16 billion current LCU | +111.0% |
| 2023 | 796.36 billion current LCU | +83.0% |
| 2024 | 1.24 trillion current LCU | +55.5% |
Turkey compared with similar countries
- Turkey's 1.24 trillion current LCU is above the median for upper middle income countries, which is 38.49 billion current LCU, 32.2× the median. (46 countries reporting)
- Turkey's 1.24 trillion current LCU is above the median for Europe & Central Asia, which is 17.80 billion current LCU, 69.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1888.2% | 1.34 billion current LCU | 26.73 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20,038 current LCU | 7,900 current LCU | 56,800 current LCU | 8 |
| 1980s | 1.23 million current LCU | 126,700 current LCU | 4.09 million current LCU | 9 |
| 1990s | 295.41 million current LCU | 7.03 million current LCU | 1.34 billion current LCU | 9 |
| 2000s | 29.01 billion current LCU | 26.73 billion current LCU | 31.28 billion current LCU | 2 |
| 2010s | 80.47 billion current LCU | 39.25 billion current LCU | 139.47 billion current LCU | 10 |
| 2020s | 566.16 billion current LCU | 154.37 billion current LCU | 1.24 trillion current LCU | 5 |
Countries ranked near Turkey
- 24 Costa Rica 1.66 trillion current LCU compare
- 25 Cote d'Ivoire 1.42 trillion current LCU compare
- 26 Ukraine 1.38 trillion current LCU compare
- 28 Philippines 1.09 trillion current LCU compare
- 29 Malawi 1.05 trillion current LCU compare
- 30 Cameroon 1.04 trillion current LCU compare
More public sector data for Turkey
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 381.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -43.89 % change on previous year (2024)
Frequently asked questions
- What is goods and services expense in Turkey?
- Goods and services expense in Turkey was 1.24 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Turkey?
- The highest recorded value was 1.24 trillion current LCU in 2024.
- What is the lowest goods and services expense recorded in Turkey?
- The lowest recorded value was 7,900 current LCU in 1972.
- How does Turkey rank for goods and services expense?
- Turkey ranks 27th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Turkey?
- Over the last ten years it is up 1,711.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.