Net lending (+) / net borrowing (-) (current LCU) in Turkey
Turkey: Net lending (+) / net borrowing (-) (current LCU) was -1.41 trillion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Turkey, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net lending (+) / net borrowing (-) in Turkey stood at -1.41 trillion current LCU. That is the lowest value across all 43 years on record.
The figure is down 140.1% on the previous year and down 25,481.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Turkey peaked at 8.85 billion current LCU in 2015 and was at its lowest, -1.41 trillion current LCU, in 2024.
That places Turkey 135th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) (current LCU) in Turkey, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | -4,900 current LCU | — |
| 1973 | -5,000 current LCU | +2.0% |
| 1974 | -5,300 current LCU | +6.0% |
| 1975 | -3,900 current LCU | -26.4% |
| 1976 | -10,500 current LCU | +169.2% |
| 1977 | -42,500 current LCU | +304.8% |
| 1978 | -36,400 current LCU | -14.4% |
| 1979 | -113,300 current LCU | +211.3% |
| 1980 | -159,800 current LCU | +41.0% |
| 1981 | -80,400 current LCU | -49.7% |
| 1983 | -481,700 current LCU | +499.1% |
| 1984 | -1.81 million current LCU | +276.5% |
| 1985 | -2.05 million current LCU | +12.9% |
| 1986 | -1.24 million current LCU | -39.4% |
| 1987 | -2.33 million current LCU | +87.5% |
| 1988 | -3.84 million current LCU | +64.8% |
| 1989 | -7.47 million current LCU | +94.7% |
| 1990 | -11.74 million current LCU | +57.2% |
| 1991 | -33.27 million current LCU | +183.3% |
| 1992 | -47.19 million current LCU | +41.8% |
| 1993 | -132.80 million current LCU | +181.4% |
| 1994 | -150.46 million current LCU | +13.3% |
| 1995 | -316.26 million current LCU | +110.2% |
| 1996 | -1.24 billion current LCU | +291.4% |
| 1997 | -2.29 billion current LCU | +84.8% |
| 1998 | -4.11 billion current LCU | +79.4% |
| 2008 | -18.38 billion current LCU | +347.7% |
| 2009 | -51.38 billion current LCU | +179.6% |
| 2010 | -32.19 billion current LCU | -37.4% |
| 2011 | -10.27 billion current LCU | -68.1% |
| 2012 | -2.03 billion current LCU | -80.2% |
| 2013 | 5.12 billion current LCU | -352.1% |
| 2014 | 5.56 billion current LCU | +8.5% |
| 2015 | 8.85 billion current LCU | +59.4% |
| 2016 | -25.64 billion current LCU | -389.6% |
| 2017 | -82.02 billion current LCU | +219.8% |
| 2018 | -83.94 billion current LCU | +2.3% |
| 2019 | -172.76 billion current LCU | +105.8% |
| 2020 | -229.65 billion current LCU | +32.9% |
| 2021 | -94.15 billion current LCU | -59.0% |
| 2022 | -453.21 billion current LCU | +381.4% |
| 2023 | -587.23 billion current LCU | +29.6% |
| 2024 | -1.41 trillion current LCU | +140.1% |
Turkey compared with similar countries
- Turkey's -1.41 trillion current LCU is below the median for upper middle income countries, which is -12.89 billion current LCU, 109.4× the median. (47 countries reporting)
- Turkey's -1.41 trillion current LCU is below the median for Europe & Central Asia, which is -6.97 billion current LCU, 202.2× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -27,725 current LCU | -113,300 current LCU | -3,900 current LCU | 8 |
| 1980s | -2.16 million current LCU | -7.47 million current LCU | -80,400 current LCU | 9 |
| 1990s | -924.80 million current LCU | -4.11 billion current LCU | -11.74 million current LCU | 9 |
| 2000s | -34.88 billion current LCU | -51.38 billion current LCU | -18.38 billion current LCU | 2 |
| 2010s | -38.93 billion current LCU | -172.76 billion current LCU | 8.85 billion current LCU | 10 |
| 2020s | -554.84 billion current LCU | -1.41 trillion current LCU | -94.15 billion current LCU | 5 |
Countries ranked near Turkey
- 132 Angola -1.35 trillion current LCU compare
- 133 Ukraine -1.36 trillion current LCU compare
- 134 Kazakhstan -1.37 trillion current LCU compare
- 136 Kenya -1.50 trillion current LCU compare
- 137 Philippines -1.50 trillion current LCU compare
- 138 Madagascar -1.52 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 net lending (+) / net borrowing (-) in Turkey?
- Net lending (+) / net borrowing (-) in Turkey was -1.41 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Turkey?
- The highest recorded value was 8.85 billion current LCU in 2015.
- What is the lowest net lending (+) / net borrowing (-) recorded in Turkey?
- The lowest recorded value was -1.41 trillion current LCU in 2024.
- How does Turkey rank for net lending (+) / net borrowing (-)?
- Turkey ranks 135th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Turkey?
- Over the last ten years it is down 25,481.2%. 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 Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.