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Turkey External and Government Debt

Turkey National Debt Data

Indicator Data Period
Government Debt to GDP 42 % 2021
External Debt 451169 USD Million | 451.169 B USD 1Q/22
Government Debt 3651400 TRY Million | 197.438 B USD Aug/22


Latest data on Government Debt to GDP (%)

Government Debt to GDP
                     Turkey - Historical Data (%)

What is Turkey Government Debt to GDP Ratio?

  • Government Debt to GDP in Turkey increased to 42 % in 2021. The maximum level was 75.5 % and minimum was 27.4 %
  • Data published Yearly by Undersecretariat of Treasury.

Historical Data (%) by years

Data
Period
Date
42 2021 11.04.2022
39.5 2020 12.04.2021
33.1 2019 13.04.2020
30.4 2018 19.06.2019
28.3 2017 16.04.2018
28.3 2016 11.08.2017
27.5 2015 31.12.2015
28.6 2014 31.12.2014


Historical Chart by presidents (%)

Government Debt to GDP in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - 28.6000 28.3000 28.6000 27.5000 -1.05%
Abdullah Gul 28.08.2007 - 28.08.2014 38.2000 31.3000 43.8000 31.3000 -18.06%
Necdet Sezer 16.05.2000 - 28.08.2007 51.6000 44.7000 76.1000 44.7000 -13.37%


Latest data on External Debt (USD Million)

External Debt
                     Turkey - Historical Data (USD Million)

What is external debt of Turkey?

  • External Debt in Turkey increased to 451169 USD Million (451.169 B USD) in the first quarter of 2022. The maximum debt was 467672 USD Million and minimum was 43911 USD Million
  • Data published Quarterly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
451169 1Q/22 02.07.2022
441064 4Q/21 02.04.2022
453463 3Q/21 18.01.2022
446439 2Q/21 02.10.2021
448393 1Q/21 03.07.2021
450048 4Q/20 03.04.2021
435121 3Q/20 02.01.2021
421826 2Q/20 03.10.2020


Historical Chart by presidents (USD Million)

External Debt in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - 396800.0000 453207.0000 453207.0000 392812.0000 14.22%
Abdullah Gul 28.08.2007 - 28.08.2014 236791.0000 401981.0000 401981.0000 236791.0000 69.76%
Necdet Sezer 16.05.2000 - 28.08.2007 109477.0000 224877.0000 224877.0000 109477.0000 105.41%
Suleyman Demirel 16.05.1993 - 16.05.2000 63577.0000 104752.0000 104752.0000 63577.0000 64.76%
Turgut Ozal 09.11.1989 - 17.04.1993 43911.0000 60512.0000 60512.0000 43911.0000 37.81%


Latest data on Government Debt (TRY Million)

Government Debt
                     Turkey - Historical Data (TRY Million)

How much is National Debt of Turkey?

  • Government Debt in Turkey remained unchanged at 3651400 TRY Million (197.438 B USD) in August 2022. The maximum volume was 2001434 TRY Million and minimum was 15 TRY Million
  • Data published Monthly by Undersecretariat of Treasury.

Historical Data (TRY Million) by years

Data
Period
Date
3651400 Aug/22 20.09.2022
3620729 Jul/22 25.08.2022
3431091 Jun/22 20.07.2022
3363604 May/22 20.06.2022
3125300 Apr/22 20.05.2022
3109400 Mar/22 20.04.2022
2948000 Feb/22 21.03.2022
2844400 Jan/22 21.02.2022


Historical Chart by presidents (TRY Million)

Government Debt in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - 871600.0000 871600.0000 871600.0000 871600.0000 0.00%

Other budget indicators in Turkey

Index Updated Actual Previous
Fiscal Expenditure  Aug/22 0 B USD 0
Government Budget to GDP 2021 -2.7 % -3.5
Military Expenditure 2020 19.567 B USD 20.603

Government Debt to GDP in other countries

Country Updated Actual Previous
Austria 2021 82.8 % 83.3
Ireland 2021 56 % 58.4
Luxembourg 2021 24.4 % 24.8
Spain 2021 118 % 120
Iceland 2021 75 % 77.4
Norway 2021 43.2 % 45.9
Belarus 4Q/21 33.5 % 37.3
Belgium 2021 108 % 113
Bulgaria Jul/22 20.7 % 20.9
Croatia 2021 79.8 % 87.3
Cyprus 2021 104 % 115
Czech Republic 2021 41.9 % 37.7
Denmark 2021 36.7 % 42.1
Estonia 2021 18.1 % 19
Euro Area 2021 95.6 % 97.2
European Union 2021 88.1 % 90
Finland 2021 65.8 % 69
France 2021 113 % 115
Germany 2021 69.3 % 68.7
Greece 2021 193 % 206
Hungary 2021 76.8 % 79.6
Italy 2021 151 % 155
Latvia 2021 44.8 % 43.3
Lithuania 2021 44.3 % 46.6
Macedonia 2021 51.8 % 51.9
Malta 2021 57 % 53.4
Moldova 2021 32.1 % 34
Montenegro 2020 103 % 74.91
Netherlands 2021 52.1 % 54.3
Poland 2021 53.8 % 57.1
Portugal 2021 127 % 135
Romania 2021 48.8 % 47.2
Russia 2021 18.2 % 17.7
Serbia 2021 56.5 % 57
Slovakia 2021 63.1 % 59.7
Slovenia 2021 74.7 % 79.8
Sweden 2021 36.7 % 39.6
Switzerland 2021 41.4 % 42.6
Turkey 2021 42 % 39.7
Ukraine 2021 48.9 % 60.8
United Kingdom 2021 95.9 % 93.9
Albania 2021 78.1 % 75.7
Bosnia and Herzegovina 2021 24.8 % 25.5
Kosovo 2021 23.34 % 22.44