Turkey External Debt
1989 - 2024 | Quarterly | USD mn | Republic of Turkey, Ministry of Treasury and Finance
Key information about Turkey External Debt
- Turkey External Debt reached 525.8 USD bn in Sep 2024, compared with 512.8 USD bn in the previous quarter.
- Turkey External Debt: USD mn data is updated quarterly, available from Dec 1989 to Sep 2024.
- The data reached an all-time high of 525.8 USD bn in Sep 2024 and a record low of 43.9 USD bn in Dec 1989.
Related information about Turkey External Debt
- In the latest reports of Turkey, Current Account recorded a deficit of 4.7 USD bn in Dec 2024.
- Foreign Direct Investment (FDI) increased by 2.0 USD bn in Dec 2024.
- Turkey Direct Investment Abroad expanded by 557.0 USD mn in Nov 2024.
- Its Foreign Portfolio Investment increased by 9.3 USD bn in Sep 2024.
- The country's Nominal GDP was reported at 245.5 USD bn in Mar 2023.
View Turkey's External Debt from Dec 1989 to Sep 2024 in the chart:
What was Turkey's External Debt in Sep 2024?
Turkey External Debt reached 525.8 USD bn in Sep 2024, compared with 512.8 USD bn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 525,799.9 Sep 2024 | 512,779.3 Jun 2024 | 43,910.7 Dec 1989 | 525,799.9 Sep 2024 | USD mn | quarterly | Dec 1989 - Sep 2024 |
External Debt by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 11,148.0 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Algeria (USD mn) | 3,838.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 282,752.6 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Armenia (USD mn) | 6,454.2 Dec 2024 | monthly | Dec 2012 - Dec 2024 |
| Australia (USD mn) | 1,892,215.4 Dec 2024 | quarterly | Sep 1988 - Dec 2024 |
| Austria (USD mn) | 755,851.7 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Azerbaijan (USD mn) | 5,299.1 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Bangladesh (USD mn) | 103,788.9 Jun 2024 | quarterly | Sep 2011 - Jun 2024 |
| Belarus (USD mn) | 36,402.2 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Belgium (USD mn) | 1,652,556.1 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Bolivia (USD mn) | 15,262.4 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Bosnia and Herzegovina (USD mn) | 4,956.2 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Botswana (USD mn) | 1,431.8 2023 | yearly | 1994 - 2023 |
| Brazil (USD mn) | 575,357.5 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| Bulgaria (USD mn) | 50,739.7 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Cambodia (USD mn) | 20,952.4 Sep 2024 | quarterly | Mar 2010 - Sep 2024 |
| Canada (USD mn) | 3,163,216.0 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Chile (USD mn) | 247,368.6 Jan 2025 | monthly | Dec 1995 - Jan 2025 |
| China (USD mn) | 2,516,921.4 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Colombia (USD mn) | 201,763.6 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Croatia (USD mn) | 52,854.6 Dec 2022 | monthly | Dec 1998 - Dec 2022 |
| Cyprus (USD mn) | 291,479.6 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Czech Republic (USD mn) | 225,613.0 Sep 2024 | quarterly | Dec 1993 - Sep 2024 |
| Denmark (USD mn) | 589,783.1 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Ecuador (USD mn) | 57,662.3 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Egypt (USD mn) | 155,204.3 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
| Estonia (USD mn) | 41,661.3 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (USD mn) | 18,601,546.0 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Finland (USD mn) | 686,771.6 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| France (USD mn) | 8,194,595.3 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
| Georgia (USD mn) | 25,307.3 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Germany (USD mn) | 7,116,790.2 Sep 2024 | quarterly | Jun 1999 - Sep 2024 |
| Ghana (USD mn) | 27,908.7 Oct 2024 | monthly | Jan 2012 - Oct 2024 |
| Greece (USD mn) | 617,780.2 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Hong Kong SAR, China (USD mn) | 1,925,470.5 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Hungary (USD mn) | 342,515.2 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Iceland (USD mn) | 23,639.8 Dec 2024 | quarterly | Dec 1989 - Dec 2024 |
| India (USD mn) | 711,807.7 Sep 2024 | quarterly | Sep 1999 - Sep 2024 |
| Indonesia (USD mn) | 424,848.6 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
| Iran (USD mn) | 6,281.7 2023 | yearly | 1994 - 2023 |
| Ireland (USD mn) | 3,176,621.5 Dec 2024 | quarterly | Dec 2002 - Dec 2024 |
| Israel (USD mn) | 147,057.6 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Italy (USD mn) | 2,926,787.3 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Ivory Coast (USD mn) | 36,547.9 2023 | yearly | 1970 - 2023 |
| Japan (USD mn) | 4,312,375.1 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Jordan (USD mn) | 42,279.3 Jun 2024 | quarterly | Dec 2006 - Jun 2024 |
| Kazakhstan (USD mn) | 165,848.9 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Kenya (USD mn) | 40,159.2 Sep 2024 | monthly | Sep 1999 - Sep 2024 |
| South Korea (USD mn) | 670,025.3 Dec 2024 | quarterly | Dec 1994 - Dec 2024 |
| Kosovo (USD mn) | 4,431.5 Sep 2024 | quarterly | Dec 2011 - Sep 2024 |
| Kuwait (USD mn) | 62,095.2 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Kyrgyzstan (USD mn) | 11,656.7 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Laos (USD mn) | 10,253.1 2023 | yearly | 1996 - 2023 |
| Latvia (USD mn) | 41,153.5 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Lebanon (USD mn) | 34,590.0 Jun 2024 | quarterly | Dec 2007 - Jun 2024 |
| Lithuania (USD mn) | 62,836.5 Sep 2024 | quarterly | Dec 1996 - Sep 2024 |
| Luxembourg (USD mn) | 3,929,684.1 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| North Macedonia (USD mn) | 12,712.2 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Malawi (MWK mn) | 2,812,733.5 2021 | yearly | 1984 - 2021 |
| Malaysia (USD mn) | 301,013.7 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Malta (USD mn) | 207,454.0 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Mauritius (USD mn) | 189,047.7 Dec 2024 | quarterly | Dec 2009 - Dec 2024 |
| Mexico (USD mn) | 447,827.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Moldova (USD mn) | 10,173.2 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Mongolia (USD mn) | 37,117.3 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Montenegro (USD mn) | 8,616.5 2023 | yearly | 2006 - 2023 |
| Morocco (USD mn) | 64,781.6 Dec 2022 | quarterly | Dec 2006 - Dec 2022 |
| Mozambique (USD mn) | 10,292.0 2023 | yearly | 1985 - 2023 |
| Myanmar (USD mn) | 12,162.1 2023 | yearly | 1970 - 2023 |
| Nepal (USD mn) | 10,519.7 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Netherlands (USD mn) | 4,398,654.0 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| New Zealand (USD mn) | 246,390.6 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Nigeria (USD mn) | 43,026.6 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Norway (USD mn) | 733,078.4 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Pakistan (USD mn) | 131,069.2 Dec 2024 | quarterly | Jun 2006 - Dec 2024 |
| Palestinian Territory (USD mn) | 1,535.0 Dec 2018 | monthly | Dec 2012 - Dec 2018 |
| Panama (USD mn) | 44,194.4 Jan 2025 | monthly | Jul 2004 - Jan 2025 |
| Paraguay (USD mn) | 21,762.3 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Peru (USD mn) | 102,172.1 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Philippines (USD mn) | 139,643.3 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Poland (USD mn) | 467,286.0 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Portugal (USD mn) | 434,192.7 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Qatar (USD mn) | 194,500.0 2018 | yearly | 2000 - 2018 |
| Romania (USD mn) | 169,046.9 Apr 2023 | monthly | Dec 2004 - Apr 2023 |
| Russia (USD mn) | 290,393.0 Dec 2024 | quarterly | Dec 2000 - Dec 2024 |
| Serbia (USD mn) | 54,025.3 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Singapore (USD mn) | 2,153,029.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
| Slovakia (USD mn) | 144,870.4 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Slovenia (USD mn) | 60,664.8 Apr 2023 | monthly | Jan 2001 - Apr 2023 |
| South Africa (USD mn) | 163,852.0 Jun 2024 | quarterly | Dec 1985 - Jun 2024 |
| Spain (USD mn) | 2,865,762.9 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Sri Lanka (USD mn) | 56,594.5 Sep 2024 | quarterly | Dec 2012 - Sep 2024 |
| Sudan (USD mn) | 62,400.0 2021 | yearly | 2001 - 2021 |
| Sweden (USD mn) | 980,447.4 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Switzerland (USD mn) | 2,324,031.9 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Taiwan (USD mn) | 219,947.0 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
| Tajikistan (USD mn) | 6,347.1 Sep 2024 | quarterly | Jun 2015 - Sep 2024 |
| Thailand (USD mn) | 200,924.7 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Tunisia (USD mn) | 42,561.7 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| Turkey (USD mn) | 525,799.9 Sep 2024 | quarterly | Dec 1989 - Sep 2024 |
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Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.2 Dec 2024 | quarterly | Dec 2006 - Dec 2024 |
| Consolidated Fiscal Balance (USD mn) | -4,181.821 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Tax Revenue (USD mn) | 22,336.268 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Tax Revenue: % of GDP (%) | 17.1 Dec 2024 | quarterly | Mar 2006 - Dec 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 693,186.610 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
| General Budget: Expenditure (TRY mn) | 1,097,288.860 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
| General Budget: Cash Balance (TRY mn) | -397,602.250 Feb 2025 | monthly | Jan 2005 - Feb 2025 |
| General Budget: ytd: Revenue (TRY th) | 902,661,814.890 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,051,065,850.083 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Revenue: Tax (TRY th) | 792,667,161.286 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 20,491,041.868 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 458,493,370.568 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Balance (TRY th) | -148,404,035.193 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 241,582,447.800 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,370.597 Jan 2025 | monthly | Apr 1964 - Jan 2025 |
| Total Imports from USA (USD mn) | 1,430.275 Jan 2025 | monthly | Apr 1964 - Jan 2025 |
| Total Exports to China (USD mn) | 254.677 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Total Imports from China (USD mn) | 4,086.266 Jan 2025 | monthly | Sep 1992 - Jan 2025 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.9 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Household Debt: % of GDP (%) | 10.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Non-Performing Loans (USD mn) | 8,808.908 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Money Supply M1 (USD mn) | 176,177.300 Jan 2025 | monthly | Dec 1963 - Jan 2025 |
| Money Supply M2 (USD mn) | 495,412.375 Jan 2025 | monthly | Dec 1976 - Jan 2025 |
| M2 Growth (%) | 29.3 Jan 2025 | monthly | Dec 1977 - Jan 2025 |
| Reserve Requirement Ratio (%) | 8.0 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 83,523.0 Dec 2024 | monthly | Apr 2000 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.338 Dec 2024 | quarterly | Jun 2000 - Dec 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.1 Jan 2025 | monthly | Apr 2000 - Jan 2025 |
| Gold Reserves (USD mn) | 64,283.000 Dec 2024 | monthly | Dec 1956 - Dec 2024 |
| Total Deposits (USD mn) | 532,699.270 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Total Deposits Growth (%) | 27.4 Jan 2025 | monthly | Dec 2003 - Jan 2025 |
| Domestic Credit (USD mn) | 589,056.4 Jan 2025 | monthly | Jan 1986 - Jan 2025 |
| Domestic Credit Growth (%) | 36.1 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 32.300 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Credit to Households (USD bn) | 110.002 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 580.644 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
| Household Debt (USD mn) | 107,769.6 Jan 2025 | monthly | Jan 1986 - Jan 2025 |
| Total Loans (USD mn) | 377,177.083 Jan 2025 | monthly | Jan 1986 - Jan 2025 |
| Total Loans Growth (%) | 38.64 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 28.53 Dec 2024 | quarterly | Dec 1998 - Dec 2024 |
| Money Supply: M3 (TRY th) | 20,088,996,565.000 Jan 2025 | monthly | Dec 2005 - Jan 2025 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 523,455.255 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 2,062,487.848 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Consumer Loans: BS: Non Performing (TRY mn) | 65,604.353 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.871 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 0.8 Feb 2025 | monthly | Jan 2008 - Feb 2025 |
| Composite Leading Indicator Index: Trend Restored (NA) | 403.320 Feb 2025 | monthly | Dec 1987 - Feb 2025 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.800 Feb 2025 | monthly | Jan 2007 - Feb 2025 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 116.330 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 89.287 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 114.233 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
More Indicators for Turkey
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