Interest, payable, Ratio of this level of government's expenditure on in Türkiye
Türkiye: Interest, payable, Ratio of this level of government's expenditure on was 1.03 in 2020. ▬ Flat
Interest, payable, Ratio of this level of government's expenditure on in Türkiye, 2008–2020
Source: International Monetary Fund.
Analysis
Türkiye recorded 1.03 for interest, payable, ratio of this level of government's expenditure on in 2020. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 3.4% on the previous year and down 5.2% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in Türkiye peaked at 1.11 in 2008 and was at its lowest, 1.03, in 2020.
That places Türkiye 7th out of 80 countries with data for 2020, putting it in the top 10%.
Interest, payable, Ratio of this level of government's expenditure on in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.11 | — |
| 2009 | 1.11 | -0.1% |
| 2010 | 1.09 | -1.7% |
| 2011 | 1.06 | -2.3% |
| 2012 | 1.09 | +2.8% |
| 2013 | 1.1 | +0.3% |
| 2014 | 1.1 | +0.5% |
| 2015 | 1.1 | +0.2% |
| 2016 | 1.09 | -1.2% |
| 2017 | 1.08 | -1.3% |
| 2018 | 1.08 | +0.6% |
| 2019 | 1.07 | -1.4% |
| 2020 | 1.03 | -3.4% |
Türkiye compared with similar countries
- Türkiye's 1.03 is above the median for upper middle income countries, which is 0.9878, 1.0× the median. (28 countries reporting)
- Türkiye's 1.03 is above the median for Europe & Central Asia, which is 0.966, 1.1× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.11 | 1.11 | 1.11 | 2 |
| 2010s | 1.09 | 1.06 | 1.1 | 10 |
| 2020s | 1.03 | 1.03 | 1.03 | 1 |
Countries ranked near Türkiye
More public sector data for Türkiye
- Arms imports 381.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 381.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 292.08 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0184 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 27.59 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.98 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 882.24 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in Türkiye?
- Interest, payable, ratio of this level of government's expenditure on in Türkiye was 1.03 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in Türkiye?
- The highest recorded value was 1.11 in 2008.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in Türkiye?
- The lowest recorded value was 1.03 in 2020.
- How does Türkiye rank for interest, payable, ratio of this level of government's expenditure on?
- Türkiye ranks 7th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in Türkiye?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is flat.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.