Vertical fiscal imbalance, Percent (Central government) in Turkey
Turkey: Vertical fiscal imbalance, Percent (Central government) was -0.0518 in 2020. ◆ Volatile
Vertical fiscal imbalance, Percent in Turkey, 2008–2020
Source: International Monetary Fund.
Analysis
The most recent figure for vertical fiscal imbalance, percent in Turkey is -0.0518, measured in 2020.
That represents a change of up 40.2% on the previous year and up 39.3% over ten years.
Over the whole period, vertical fiscal imbalance, percent in Turkey peaked at 0.0177 in 2009 and was at its lowest, -0.2299, in 2013.
Turkey ranks 36th of 64 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Vertical fiscal imbalance, Percent (Central government) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | -0.0455 | — |
| 2009 | 0.0177 | -138.8% |
| 2010 | -0.0852 | -582.0% |
| 2011 | -0.2122 | +149.0% |
| 2012 | -0.2102 | -0.9% |
| 2013 | -0.2299 | +9.4% |
| 2014 | -0.2095 | -8.9% |
| 2015 | -0.2224 | +6.1% |
| 2016 | -0.1348 | -39.4% |
| 2017 | -0.0962 | -28.6% |
| 2018 | -0.0817 | -15.0% |
| 2019 | -0.0865 | +5.9% |
| 2020 | -0.0518 | -40.2% |
Turkey compared with similar countries
- Turkey's -0.0518 is below the median for upper middle income countries, which is -0.0208, 2.5× the median. (26 countries reporting)
- Turkey's -0.0518 is above the median for Europe & Central Asia, which is -0.1454, 36% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Vertical fiscal imbalance, Percent (Central government) 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 |
|---|---|---|---|
| 2010 | -582.0% | 0.0177 | -0.0852 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.0139 | -0.0455 | 0.0177 | 2 |
| 2010s | -0.1569 | -0.2299 | -0.0817 | 10 |
| 2020s | -0.0518 | -0.0518 | -0.0518 | 1 |
Countries ranked near Turkey
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Frequently asked questions
- What is vertical fiscal imbalance, percent in Turkey?
- Vertical fiscal imbalance, percent in Turkey was -0.0518 in 2020, according to International Monetary Fund.
- What is the highest vertical fiscal imbalance, percent recorded in Turkey?
- The highest recorded value was 0.0177 in 2009.
- What is the lowest vertical fiscal imbalance, percent recorded in Turkey?
- The lowest recorded value was -0.2299 in 2013.
- How does Turkey rank for vertical fiscal imbalance, percent?
- Turkey ranks 36th out of 64 countries with data for 2020.
- Is vertical fiscal imbalance, percent rising or falling in Turkey?
- Over the last ten years it is up 39.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Vertical fiscal imbalance, 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.