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BFSI🇹🇷 Turkey

Turkey Tax Revenue as Percentage of GDP

– Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP).

Turkey Tax Revenue as Percentage of GDPPercentage · 2015–2024

191817162015: 18.142016: 18.33Peak2017: 17.702018: 17.142019: 16.53Trough2020: 17.492021: 17.482022: 17.182023: 18.222024: 17.6220152017201920212024
Source: data.worldbank.orgLast updated: July 2026

What Turkey Tax Revenue as Percentage of GDP shows

Turkey Tax Revenue as Percentage of GDP was 17.62 Percentage in 2024, down 3.3% on 2023. The Tax Revenue as a Percentage of GDP dataset for Turkey provides a comprehensive assessment of the country's tax collection performance relative to the size of its economy, offering valuable insights into fiscal capacity, government revenue generation, and macroeconomic trends.

Trend

Lower over the period

Turkey Tax Revenue as Percentage of GDP moved from 18.14 Percentage in 2015 to 17.62 Percentage in 2024 (−2.9%), an average of −0.3% a year. The series high was 18.33 Percentage in 2016 and the low 16.53 Percentage in 2019.

Volatility

A 9.8% peak-to-trough swing

The gap between the series high (2016) and low (2019) is 1.80 Percentage. The sharpest single-year move was +6.1% in 2023.

Structure

Ranks 11 of 27 countries covered

Among the 27 countries in this dataset, Turkey ranks 11 for 2024, behind Denmark (33.36 Percentage) and Sweden (27.23 Percentage). It accounts for 127.5% of the global total in 2024.

Full series

Turkey Tax Revenue as Percentage of GDP by year

Complete annual series with year-on-year change. Values are reported in Percentage.

Scroll the table sideways to see all columns.

Turkey Tax Revenue as Percentage of GDP, 2015–2024, Percentage.
YearPercentageChange vs prior year
2024 17.62 −3.3%
2023 18.22 +6.1%
2022 17.18 −1.7%
2021 17.48 −0.1%
2020 17.49 +5.8%
2019 Trough16.53 −3.6%
2018 17.14 −3.2%
2017 17.70 −3.4%
2016Peak 18.33 +1%
2015 18.14 —

Regional context

How Turkey compares in Europe & Central Asia

Tax Revenue as Percentage of GDP by country, 2024, Percentage. Turkey is highlighted.

1Denmark
33.36
2Sweden
27.23
3UK
26.89
4Italy
25.60
5Finland
25.33
6Netherlands
25.28
7France
22.78
8Turkey
17.62

Data definition

Inclusions and exclusions

Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.

Inclusions

The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics.

Exclusions

The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.

About this indicator

Tax Revenue as Percentage of GDP — – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.

Measured as a Percentage, the dataset covers 2015–2024 and indicates a generally stable tax-to-GDP ratio with moderate fluctuations throughout the decade. Tax revenue accounted for 18.14% of GDP in 2015, increased slightly to 18.33% in 2016, declined gradually to 16.53% in 2019, and recovered to 17.49% in 2020. The ratio remained relatively stable around 17–18% thereafter, reaching 18.22% in 2023 before moderating slightly to 17.62% in 2024.

The year-wise trend reflects Turkey's evolving fiscal environment, influenced by changing economic conditions, tax policy adjustments, and macroeconomic developments. Despite periods of economic volatility, the consistently strong tax-to-GDP ratio demonstrates the government's ability to mobilize domestic revenue to finance infrastructure, healthcare, education, public services, and broader economic development while supporting fiscal sustainability.

This dataset is a valuable resource for policymakers, economists, financial institutions, investors, researchers, and international organizations seeking to evaluate fiscal performance, taxation efficiency, and macroeconomic stability. It supports benchmarking Turkey against regional and global economies, assessing the effectiveness of tax policy reforms, monitoring long-term fiscal trends, forecasting future government revenue, and analyzing the relationship between taxation, economic growth, inflation, and public expenditure. The data also contributes to research on fiscal resilience, public finance management, and long-term economic competitiveness.

Overall, the 2015–2024 dataset highlights Turkey's relatively stable tax revenue performance relative to GDP despite economic fluctuations. It provides a reliable foundation for fiscal analysis, policy evaluation, investment planning, and long-term economic forecasting while supporting evidence-based public finance and economic development strategies.

Indicator
Tax Revenue as Percentage of GDP
Country
Turkey
Region
Europe & Central Asia
Unit
Percentage
Coverage
2015–2024, annual
Category
BFSI
Last updated
July 2026
Source
data.worldbank.org

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Frequently asked questions

What is Turkey Tax Revenue as Percentage of GDP?

Definition – Tax Revenue (% of GDP) refers to the total tax revenue collected by the central government, expressed as a percentage of Gross Domestic Product (GDP). Tax revenue consists of compulsory, unrequited payments made by individuals and businesses to the government for public purposes. The indicator measures the relative size of tax collections compared with the overall economy and is widely used to assess a government's revenue-generating capacity, fiscal performance, and tax effort.

What was Turkey Tax Revenue as Percentage of GDP in 2024?

Turkey Tax Revenue as Percentage of GDP was 17.62 Percentage in 2024, down 3.3% on 2023.

How has Turkey Tax Revenue as Percentage of GDP changed between 2015 and 2024?

Turkey Tax Revenue as Percentage of GDP moved from 18.14 Percentage in 2015 to 17.62 Percentage in 2024 (−2.9%), an average of −0.3% a year. The series high was 18.33 Percentage in 2016 and the low 16.53 Percentage in 2019.

Which year had the highest and lowest Turkey Tax Revenue as Percentage of GDP?

The highest value was 18.33 Percentage in 2016 and the lowest was 16.53 Percentage in 2019.

What does the Turkey Tax Revenue as Percentage of GDP data include and exclude?

Included: The data includes compulsory tax payments collected by the central government, such as taxes on income, profits and capital gains, payroll taxes, property taxes, taxes on goods and services (including VAT, GST, and excise duties), taxes on international trade, customs duties, and other taxes recorded under the IMF Government Finance Statistics (GFS) framework. The indicator is expressed as a percentage of GDP using standardized national accounts and government finance statistics. Excluded: The data excludes non-tax government revenue such as grants, fees, licenses, administrative charges, dividends from state-owned enterprises, and income from government assets. It also excludes fines, penalties, most social security contributions, refunds treated as negative revenue, and informal or unrecorded tax collections not captured in official government finance statistics. For many countries, the indicator reflects central government tax revenue only and may not include taxes collected by state, provincial, or local governments.

Where does the Turkey Tax Revenue as Percentage of GDP data come from?

The series is sourced from data.worldbank.org (https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS). It covers 2015–2024 and is reported in Percentage.

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