Government Consumption in Turkey
The economy of Turkey recorded an average growth rate of 4.9% in government consumption over the past decade. In 2022, the growth rate was 4.2%.
Turkey Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Turkey from 2014 to 2023.
Source: Macrobond.
Turkey Government Consumption Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 3.9 | 2.2 | 3.0 | 4.2 | 2.4 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Turkish government consumption projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Turkish government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Turkish government consumption projections.
Want to get access to the full dataset of Turkish government consumption forecasts? Send an email to info@focus-economics.com.