Turkey External Debt: % of GDP
Turkey External Debt accounted for 57.1 % of the country's Nominal GDP in 2019, compared with the ratio of 56.4 % in the previous year. Turkey External Debt: % of Nominal GDP data is updated yearly, available from Dec 1989 to Dec 2019. The data reached an all-time high of 57.1 % in Dec 2019 and a record low of 26.1 % in Dec 1990. CEIC calculates External Debt as % of Nominal GDP from annual External Debt and quarterly Nominal GDP. Republic of Turkey Ministry of Treasury and Finance provides External Debt in USD. Turkish Statistical Institute provides Nominal GDP in local currency. The Central Bank of the Republic of Turkey average market exchange rate is used for currency conversions. External Debt as % of Nominal GDP prior to 1998 is sourced directly from Republic of Turkey Ministry of Treasury and Finance.
In the latest reports of Turkey, Current Account recorded a deficit of 2.4 USD bn in Sep 2020. Foreign Direct Investment (FDI) increased by 782.0 USD mn in Sep 2020. Turkey Direct Investment Abroad expanded by 276.0 USD mn in Oct 2020. Its Foreign Portfolio Investment fell by 1.3 USD bn in Sep 2020. The country's External Debt reached 421,826.5 in Jun 2020. The country's Nominal GDP was reported at 196.9 USD bn in Sep 2020.
View Turkey's External Debt: % of GDP from 1989 to 2019 in the chart:
What was Turkey's External Debt: % of GDP in 2019?
|57.1 2019||56.4 2018||26.1 1990||57.1 2019||%||yearly||1989 - 2019|
External Debt: % of GDP by Country Comparison
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|Albania (%)||60.4 2019||yearly||1991 - 2019|
|Algeria (%)||2.3 2018||yearly||1970 - 2018|
|Argentina (%)||62.6 2019||yearly||2004 - 2019|
|Armenia (%)||90.3 2019||yearly||2000 - 2019|
|Australia (%)||123.6 2019||yearly||1988 - 2019|
|Austria (%)||153.7 2019||yearly||1997 - 2019|
|Azerbaijan (%)||21.8 Jun 2020||quarterly||Dec 2001 - Jun 2020|
|Belarus (%)||65.4 Jun 2020||quarterly||Dec 2000 - Jun 2020|
|Belgium (%)||242.7 2019||yearly||2007 - 2019|
|Bolivia (%)||33.0 2019||yearly||2006 - 2019|
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Turkey Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-3.5 Jun 2020||quarterly||Dec 2006 - Jun 2020|
|Consolidated Fiscal Balance (USD mn)||-580.134 Oct 2020||monthly||Jan 2006 - Oct 2020|
|Tax Revenue (USD mn)||10,153.886 Dec 2020||monthly||Jan 2006 - Dec 2020|
|Tax Revenue: % of GDP (%)||17.1 Sep 2020||quarterly||Mar 2006 - Sep 2020|
|National Government Debt (USD mn)||247,523.1 2019||yearly||2001 - 2019|
|Government Debt: % of GDP (%)||39.4 Jun 2020||quarterly||Dec 2001 - Jun 2020|
|Forecast: Government Expenditure (TRY bn)||3,254.416 2025||yearly||2000 - 2025|
|Forecast: Government Net Debt (TRY bn)||4,457.983 2025||yearly||2000 - 2025|
|Forecast: Government Revenue (TRY bn)||2,597.422 2025||yearly||2000 - 2025|
|General Budget: ytd: Revenue (TRY th)||912,490,285.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|General Budget: ytd: Expenditure (EX) (TRY th)||1,042,301,431.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th)||538,459,790.950 Dec 2020||monthly||Jan 2006 - Dec 2020|
|General Budget: ytd: Revenue: Tax (TRY th)||754,592,889.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|General Budget: ytd: EX: Primary: Capital Expenditure (TRY th)||31,146,981.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|General Budget: ytd: Revenue: Tax: Direct (TRY th)||262,210,898.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|General Budget: ytd: Balance (TRY th)||-129,811,146.000 Nov 2020||monthly||Jan 2006 - Nov 2020|
|Central Government Debt: External (TRY mn)||538,505.357 Mar 2019||monthly||Jan 2002 - Mar 2019|
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