Projection of General government net lending/borrowing for Turkey
GGNLBPTRA188N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.98
Year-over-Year Change
-42.64%
Date Range
1/1/2024 - 1/1/2030
Summary
The 'Projection of General government net lending/borrowing for Turkey' metric measures the difference between a government's total revenue and total expenditure as a percentage of its GDP. This indicator is crucial for assessing a country's fiscal health and sustainability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents Turkey's projected net lending or borrowing position of the general government sector, which includes the central government, state governments, local governments, and social security funds. It provides insight into the government's fiscal balance and is an important factor in evaluating the country's macroeconomic stability.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on official government finance statistics.
Historical Context
Policymakers and analysts use this metric to gauge Turkey's fiscal policy and make informed decisions regarding economic management and reforms.
Key Facts
- Turkey's projected general government net lending/borrowing is currently -3.3% of GDP.
- A positive value indicates a fiscal surplus, while a negative value indicates a fiscal deficit.
- This metric is essential for evaluating the sustainability of Turkey's public finances.
FAQs
Q: What does this economic trend measure?
A: This trend measures the projected difference between Turkey's general government total revenue and total expenditure as a percentage of its GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing Turkey's fiscal health and sustainability, as it provides insight into the government's ability to manage its budget and debt levels.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on official government finance statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge Turkey's fiscal policy and make informed decisions regarding economic management and reforms.
Q: Are there update delays or limitations?
A: The data is published by the IMF on a regular basis, but there may be delays in reporting or potential revisions to the projections.
Related Trends
Consumer Price Index: Alcoholic Beverages, Tobacco and Narcotics (COICOP 02): Total for Turkey
TURCP020000GPM
Outstanding Domestic Public Debt Securities to GDP for Turkey
DDDM04TRA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Turkiye
TURCPHPEN01GYM
General government net lending/borrowing for Turkey
GGNLBATRA188N
Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Turkiye
CCRETT02TRQ661N
Goods, Value of Exports for Turkey
VALEXPTRM052N
Citation
U.S. Federal Reserve, Projection of General government net lending/borrowing for Turkey (GGNLBPTRA188N), retrieved from FRED.