DOING BUSINESS IN TURKEY
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8 Doing Business in Turkey<br />
GOVERNMENT BUDGET <strong>IN</strong>DICATORS<br />
General Government Debt Stock (% of GDP)<br />
• The share of public debt stock in<br />
GDP decreased from 60% to 33%.<br />
Source: Undersecretariat of the Treasury and Eurostat, 2016<br />
General Government Budget Balance (% of GDP)<br />
• As can be seen in the chart above, Turkey<br />
has lower government debt stock compared<br />
many European Countries.<br />
Centrum Consulting | 2017<br />
Source: European Commission’s Directorate-General for Economic and Financial<br />
Affairs (ECF<strong>IN</strong>) and Eurostat, Ministry of Finance, 2016
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