Share of government expenditure going to interest payments in Turkey
Turkey: Share of government expenditure going to interest payments was 11.04 in 2023. ◆ Volatile
Latest (2023)
11.04
Change on year
down 24.5%
World rank
46th
of 152 countries
All-time high
39.29
in 1998
All-time low
2.83
in 1978
Years of data
42
1972–2023
Share of government expenditure going to interest payments in Turkey, 1972–2023
Source: Our World in Data.
Analysis
In 2023, share of government expenditure going to interest payments in Turkey stood at 11.04.
That represents a change of down 24.5% on the previous year and up 48.0% over ten years.
Over the whole period, share of government expenditure going to interest payments in Turkey peaked at 39.29 in 1998 and was at its lowest, 2.83, in 1978.
Turkey ranks 46th of 152 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.
Share of government expenditure going to interest payments in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1972 | 3.48 | — |
| 1973 | 3.63 | +4.3% |
| 1974 | 3.78 | +4.0% |
| 1975 | 3.6 | -4.7% |
| 1976 | 3.54 | -1.7% |
| 1977 | 3.03 | -14.3% |
| 1978 | 2.83 | -6.5% |
| 1979 | 2.86 | +1.1% |
| 1980 | 2.93 | +2.4% |
| 1981 | 6.22 | +112.0% |
| 1983 | 7.79 | +25.2% |
| 1984 | 9.72 | +24.8% |
| 1985 | 10.15 | +4.5% |
| 1986 | 15.53 | +53.0% |
| 1987 | 17.72 | +14.1% |
| 1988 | 18.05 | +1.9% |
| 1989 | 18.14 | +0.5% |
| 1990 | 20.77 | +14.5% |
| 1991 | 15.35 | -26.1% |
| 1992 | 13.09 | -14.7% |
| 1993 | 15.19 | +16.0% |
| 1994 | 20.91 | +37.7% |
| 1995 | 12.99 | -37.9% |
| 1996 | 13.34 | +2.7% |
| 1997 | 28.67 | +115.0% |
| 1998 | 39.29 | +37.1% |
| 2008 | 17.16 | -56.3% |
| 2009 | 12.43 | -27.6% |
| 2010 | 10.27 | -17.4% |
| 2011 | 9.39 | -8.6% |
| 2012 | 8.77 | -6.5% |
| 2013 | 7.46 | -15.0% |
| 2014 | 7.05 | -5.5% |
| 2015 | 6.46 | -8.4% |
| 2016 | 5.97 | -7.6% |
| 2017 | 6.15 | +2.9% |
| 2018 | 7.95 | +29.3% |
| 2019 | 6.39 | -19.5% |
| 2020 | 8.47 | +32.5% |
| 2021 | 9.71 | +14.6% |
| 2022 | 14.62 | +50.6% |
| 2023 | 11.04 | -24.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.34 | 2.83 | 3.78 | 8 |
| 1980s | 11.81 | 2.93 | 18.14 | 9 |
| 1990s | 19.95 | 12.99 | 39.29 | 9 |
| 2000s | 14.79 | 12.43 | 17.16 | 2 |
| 2010s | 7.59 | 5.97 | 10.27 | 10 |
| 2020s | 10.96 | 8.47 | 14.62 | 4 |
Countries ranked near Turkey
More reference data data for Turkey
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.815 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 10.96 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 22.31 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 22.31 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.73 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.1 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 53.65 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 103 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.35 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Turkey?
- Share of government expenditure going to interest payments in Turkey was 11.04 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Turkey?
- The highest recorded value was 39.29 in 1998.
- What is the lowest share of government expenditure going to interest payments recorded in Turkey?
- The lowest recorded value was 2.83 in 1978.
- How does Turkey rank for share of government expenditure going to interest payments?
- Turkey ranks 46th out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Turkey?
- Over the last ten years it is up 48.0%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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