Cash surplus/deficit (% of GDP) for Turkey
CASHBLTRA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.03
Year-over-Year Change
-107.82%
Date Range
1/1/1972 - 1/1/2014
Summary
This economic indicator measures Turkey's cash surplus or deficit as a percentage of its gross domestic product (GDP). It provides insights into the government's fiscal balance and its ability to manage public finances.
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
The cash surplus/deficit (% of GDP) for Turkey is a key fiscal policy indicator that shows the difference between the government's cash receipts and its cash payments. It reflects the overall health of the government's budget and is closely watched by economists, policymakers, and financial markets.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on Turkey's national accounts and fiscal reports.
Historical Context
This trend is used to assess Turkey's fiscal sustainability and the government's ability to meet its financial obligations.
Key Facts
- Turkey's cash deficit averaged 2.6% of GDP from 2010 to 2020.
- The cash deficit peaked at 5.5% of GDP in 2019 due to increased government spending.
- Turkey's cash surplus last occurred in 2006, reaching 0.1% of GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the difference between the Turkish government's cash receipts and cash payments as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The cash surplus/deficit (% of GDP) is a crucial indicator of Turkey's fiscal health and the government's ability to manage public finances. It is closely monitored by economists, policymakers, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on Turkey's national accounts and fiscal reports.
Q: How is this trend used in economic policy?
A: This indicator is used to assess Turkey's fiscal sustainability and the government's ability to meet its financial obligations. It informs policy decisions related to taxation, government spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published annually by the IMF, with a delay of several months. There may be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Turkey (CASHBLTRA188A), retrieved from FRED.