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Turkey External and Government Debt

Turkey National Debt Data

Indicator Data Period
Government Debt to GDP 31.7 % 2022
External Debt 475768 USD Million | 475.768 B USD 2Q/23
Government Debt 5879981 TRY Million | 212.591 B USD Aug/23


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 decreased to 31.7 % in 2022. 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
31.7 2022 17.04.2023
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


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 decreased to 475768 USD Million (475.768 B USD) in the second quarter of 2023. 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
475768 2Q/23 30.09.2023
475650 1Q/23 14.07.2023
459031 4Q/22 01.04.2023
442858 3Q/22 31.12.2022
444392 2Q/22 01.10.2022
451169 1Q/22 02.07.2022
441064 4Q/21 02.04.2022
453463 3Q/21 18.01.2022


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 5879981 TRY Million (212.591 B USD) in August 2023. 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
5879981 Aug/23 20.09.2023
5822974 Jul/23 21.08.2023
5617437 Jun/23 20.07.2023
4734418 May/23 20.06.2023
4588112 Apr/23 22.05.2023
4486983 Mar/23 20.04.2023
4211069 Feb/23 20.03.2023
4178310 Jan/23 20.02.2023


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/23 0 B USD 0
Government Budget to GDP 2022 -0.9 % -2.8
Military Expenditure 2022 10.645 B USD 15.567

Government Debt to GDP in other countries

Country Updated Actual Previous
Austria 2022 78.4 % 82.3
Ireland 2022 44.7 % 55.4
Luxembourg 2022 24.6 % 24.5
Spain 2022 113 % 118
Iceland 2022 68.7 % 75.3
Norway 2022 37.4 % 42.5
Belarus 4Q/21 32.8 % 37.3
Belgium 2022 105 % 109
Bulgaria Aug/23 20.2 % 20.2
Croatia 2022 68.4 % 78.4
Cyprus 2022 86.5 % 101
Czech Republic 2022 44.2 % 42
Denmark 2022 30.1 % 36.7
Estonia 2022 18.5 % 17.6
Euro Area 2022 91.5 % 95.4
European Union 2022 84 % 88
Finland 2022 73 % 72.6
France 2022 112 % 113
Germany 2022 66.3 % 69.3
Greece 2022 171 % 195
Hungary 2022 73.3 % 76.6
Italy 2022 145 % 150
Latvia 2022 40.8 % 43.7
Lithuania 2022 38.4 % 43.7
Macedonia 2022 51 % 52
Malta 2022 53.4 % 55.1
Moldova 2021 32.1 % 34
Montenegro 2022 69.46 % 83.27
Netherlands 2022 51 % 52.5
Poland 2022 49.1 % 53.6
Portugal 2022 114 % 125
Romania 2022 47.3 % 48.6
Russia 2022 17.2 % 17.6
Serbia 2022 55.1 % 56.5
Slovakia 2022 57.8 % 61
Slovenia 2022 69.9 % 74.5
Sweden 2022 33 % 36.5
Switzerland 2022 41.4 % 41.7
Turkey 2022 31.7 % 41.8
Ukraine 2022 78.4 % 48.9
United Kingdom 2022 101 % 97.2
Albania 2022 67 % 73.2
Bosnia and Herzegovina 2022 20.3 % 24.1
Kosovo 2022 20.74 % 21.53