Turkiye | Interest payments (% of expense)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source
Turkiye | Interest payments (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 3.48027842
1973 3.62976407
1974 3.77668309
1975 3.59869138
1976 3.53753236
1977 3.03210464
1978 2.83464567
1979 2.86483369
1980 2.93470286
1981 6.22132797
1982
1983 7.78674451
1984 9.71822589
1985 10.15092668
1986 15.52971169
1987 17.72063933
1988 18.05154368
1989 18.13818451
1990 20.76891474
1991 15.34552938
1992 13.09127927
1993 15.18595519
1994 20.91382415
1995 12.98807803
1996 13.33524803
1997 28.66869669
1998 39.29344258
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008 14.8273978
2009 12.55342663
2010 10.38938361
2011 9.47870018
2012 9.11546312
2013 7.55703455
2014 7.41754976
2015 6.62160987
2016 6.20122864
2017 6.42555579
2018 8.29387411
2019 6.87087776
2020 9.01122145
2021 10.23437028
2022 15.85886114

Turkiye | Interest payments (% of expense)

Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Turkiye
Records
63
Source