Turkey External Debt: Short Term: % of GDP
1995 - 2025 | Yearly | % | CEIC Data
Key information about Turkey External Debt: Short Term: % of GDP
- Turkey External Debt: Short Term accounted for 10.5 % of the country's Nominal GDP in 2025, compared with the ratio of 12.7 % in the previous year.
- Turkey External Debt: Short Term: % of Nominal GDP data is updated yearly, available from 1995 to 2025.
- The data reached an all-time high of 16.0 % in 2022 and a record low of 6.6 % in 1995.
CEIC calculates annual Short Term External Debt as % of Nominal GDP from annual Short Term External Debt and annual Nominal GDP. The Central Bank of the Republic of Turkey provides Short Term 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.
Related information about Turkey External Debt: Short Term: % of GDP
- In the latest reports of Turkey, Current Account recorded a deficit of 7.5 USD bn in Feb 2026.
- Foreign Direct Investment (FDI) increased by 780.0 USD mn in Feb 2026.
- Turkey Direct Investment Abroad expanded by 918.0 USD mn in Feb 2026.
- Its Foreign Portfolio Investment increased by 2.7 USD bn in Dec 2025.
- The country's Nominal GDP was reported at 427.9 USD bn in Sep 2025.
View Turkey's External Debt: Short Term: % of GDP from 1995 to 2025 in the chart:
What was Turkey's External Debt: Short Term: % of GDP in 2025?
Turkey External Debt: Short Term accounted for 10.5 % of the country's Nominal GDP in 2025, compared with the ratio of 12.7 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 10.5 2025 | 12.7 2024 | 6.6 1995 | 16.0 2022 | % | yearly | 1995 - 2025 |
External Debt: Short Term: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 4.0 2025 | yearly | 1991 - 2025 |
| Algeria (%) | 0.7 2024 | yearly | 1977 - 2024 |
| Argentina (%) | 12.2 2025 | yearly | 2003 - 2025 |
| Armenia (%) | 16.5 2025 | yearly | 2000 - 2025 |
| Australia (%) | 25.4 2025 | yearly | 1988 - 2025 |
| Austria (%) | 45.4 2024 | yearly | 1997 - 2024 |
| Azerbaijan (%) | 0.3 2024 | yearly | 1993 - 2024 |
| Bangladesh (%) | 3.2 2025 | yearly | 2012 - 2025 |
| Belarus (%) | 12.8 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Belgium (%) | 105.5 2025 | yearly | 2007 - 2025 |
| Bolivia (%) | 0.0 2019 | yearly | 2000 - 2019 |
| Bosnia and Herzegovina (%) | 10.3 2024 | yearly | 1999 - 2024 |
| Botswana (%) | 0.8 2024 | yearly | 1994 - 2024 |
| Brazil (%) | 4.9 2025 | yearly | 1999 - 2025 |
| Bulgaria (%) | 10.6 2025 | yearly | 1999 - 2025 |
| Canada (%) | 56.1 2025 | yearly | 1990 - 2025 |
| Chile (%) | 7.1 2024 | yearly | 1971 - 2024 |
| China (%) | 6.8 2025 | yearly | 1985 - 2025 |
| Colombia (%) | 7.4 2025 | yearly | 1970 - 2025 |
| Croatia (%) | 20.7 2022 | yearly | 1999 - 2022 |
| Cyprus (%) | 162.6 2025 | yearly | 2008 - 2025 |
| Czech Republic (%) | 32.9 2025 | yearly | 1995 - 2025 |
| Denmark (%) | 61.2 2025 | yearly | 2005 - 2025 |
| Ecuador (%) | 0.2 2025 | yearly | 1970 - 2025 |
| Egypt (%) | 8.5 2025 | yearly | 1990 - 2025 |
| Estonia (%) | 29.2 2025 | yearly | 1996 - 2025 |
| Finland (%) | 70.8 2025 | yearly | 1991 - 2025 |
| France (%) | 116.8 2025 | yearly | 2004 - 2025 |
| Georgia (%) | 13.9 2025 | yearly | 2006 - 2025 |
| Germany (%) | 54.8 2025 | yearly | 2004 - 2025 |
| Greece (%) | 73.7 2025 | yearly | 2003 - 2025 |
| Hong Kong SAR, China (%) | 289.2 2025 | yearly | 2001 - 2025 |
| Hungary (%) | 14.2 2025 | yearly | 1995 - 2025 |
| Iceland (%) | 7.4 2025 | yearly | 1989 - 2025 |
| India (%) | 3.5 2025 | yearly | 1990 - 2025 |
| Indonesia (%) | 4.3 2025 | yearly | 2003 - 2025 |
| Iran (%) | 0.5 2025 | yearly | 1994 - 2025 |
| Ireland (%) | 219.5 2025 | yearly | 2002 - 2025 |
| Israel (%) | 9.1 2025 | yearly | 2000 - 2025 |
| Italy (%) | 40.3 2024 | yearly | 2002 - 2024 |
| Ivory Coast (%) | 4.9 2024 | yearly | 1970 - 2024 |
| Japan (%) | 78.2 2025 | yearly | 2003 - 2025 |
| Jordan (%) | 32.4 2025 | yearly | 2000 - 2025 |
| Kazakhstan (%) | 7.1 2025 | yearly | 1992 - 2025 |
| Kenya (%) | 1.7 2024 | yearly | 1996 - 2024 |
| South Korea (%) | 9.5 2025 | yearly | 1994 - 2025 |
| Kosovo (%) | 14.3 2024 | yearly | 2007 - 2024 |
| Kyrgyzstan (%) | 6.3 2025 | yearly | 2003 - 2025 |
| Latvia (%) | 40.4 2024 | yearly | 2000 - 2024 |
| Lithuania (%) | 51.8 2025 | yearly | 2004 - 2025 |
| Luxembourg (%) | 1,145.9 2025 | yearly | 2002 - 2025 |
| North Macedonia (%) | 19.4 2024 | yearly | 2004 - 2024 |
| Malawi (%) | 0.6 2019 | yearly | 2002 - 2019 |
| Malaysia (%) | 29.4 2025 | yearly | 2009 - 2025 |
| Malta (%) | 135.0 2025 | yearly | 2004 - 2025 |
| Mauritius (%) | 77.4 2025 | yearly | 2009 - 2025 |
| Mexico (%) | 3.4 2025 | yearly | 2002 - 2025 |
| Moldova (%) | 14.6 2025 | yearly | 2000 - 2025 |
| Mongolia (%) | 9.1 2025 | yearly | 1992 - 2025 |
| Montenegro (%) | 2.8 2024 | yearly | 2007 - 2024 |
| Morocco (%) | 7.8 2022 | yearly | 1970 - 2022 |
| Mozambique (%) | 5.3 2024 | yearly | 1984 - 2024 |
| Myanmar (%) | 0.1 2023 | yearly | 2018 - 2023 |
| Netherlands (%) | 139.5 2025 | yearly | 2003 - 2025 |
| New Zealand (%) | 33.5 2024 | yearly | 2000 - 2024 |
| Nigeria (%) | 0.2 2022 | yearly | 2008 - 2022 |
| Norway (%) | 54.4 2025 | yearly | 2012 - 2025 |
| Pakistan (%) | 0.8 2025 | yearly | 2006 - 2025 |
| Palestinian Territory (%) | 4.6 2024 | yearly | 2012 - 2024 |
| Panama (%) | 59.0 2021 | yearly | 1970 - 2021 |
| Paraguay (%) | 11.6 2021 | yearly | 2002 - 2021 |
| Peru (%) | 2.2 2025 | yearly | 1980 - 2025 |
| Philippines (%) | 4.2 2025 | yearly | 2005 - 2025 |
| Poland (%) | 7.3 2025 | yearly | 2004 - 2025 |
| Portugal (%) | 59.3 2024 | yearly | 1996 - 2024 |
| Romania (%) | 13.3 2024 | yearly | 2004 - 2024 |
| Russia (%) | 5.9 2025 | yearly | 2001 - 2025 |
| Serbia (%) | 1.2 2024 | yearly | 2000 - 2024 |
| Singapore (%) | 248.1 2025 | yearly | 2003 - 2025 |
| Slovakia (%) | 38.6 2025 | yearly | 2006 - 2025 |
| Slovenia (%) | 33.0 2025 | yearly | 1995 - 2025 |
| South Africa (%) | 11.6 2025 | yearly | 1994 - 2025 |
| Spain (%) | 60.9 2024 | yearly | 2000 - 2024 |
| Sri Lanka (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Sudan (%) | 15.7 2021 | yearly | 1970 - 2021 |
| Sweden (%) | 50.6 2025 | yearly | 1997 - 2025 |
| Switzerland (%) | 115.2 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 24.1 2025 | yearly | 1999 - 2025 |
| Tajikistan (%) | 6.1 2024 | yearly | 1993 - 2024 |
| Thailand (%) | 15.3 2025 | yearly | 1980 - 2025 |
| Tunisia (%) | 30.9 2025 | yearly | 2002 - 2025 |
| Turkey (%) | 10.5 2025 | yearly | 1995 - 2025 |
| Ukraine (%) | 6.4 2025 | yearly | 2009 - 2025 |
| United Kingdom (%) | 192.5 2025 | yearly | 1979 - 2025 |
| United States (%) | 32.1 2025 | yearly | 2003 - 2025 |
| Uruguay (%) | 10.9 2025 | yearly | 1999 - 2025 |
| Venezuela (%) | 0.2 2017 | yearly | 1997 - 2017 |
| Vietnam (%) | 7.8 2024 | yearly | 1985 - 2024 |
| Yemen (%) | 1.8 2017 | yearly | 1991 - 2017 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.4 Mar 2026 | quarterly | Dec 2006 - Mar 2026 |
| Consolidated Fiscal Balance (USD mn) | -6,565.230 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| Tax Revenue (USD mn) | 22,649.152 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| Tax Revenue: % of GDP (%) | 19.8 Mar 2026 | quarterly | Mar 2006 - Mar 2026 |
| National Government Debt (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Government Debt: % of GDP (%) | 23.8 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| Forecast: Government Expenditure (TRY bn) | 67,453.452 2031 | yearly | 2000 - 2031 |
| Forecast: Government Net Debt (TRY bn) | 56,878.651 2031 | yearly | 2000 - 2031 |
| Forecast: Government Revenue (TRY bn) | 61,901.697 2031 | yearly | 2000 - 2031 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 5,892,718,947.389 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: Revenue (TRY th) | 5,068,611,307.059 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 138,291,453.202 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,704,267,781.733 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: Revenue: Tax (TRY th) | 4,372,557,169.347 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: Balance (TRY th) | -824,107,640.330 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 2,369,655,099.653 Apr 2026 | monthly | Jan 2006 - Apr 2026 |
| General Budget: Revenue (TRY mn) | 1,146,097.270 May 2026 | monthly | Jan 2005 - May 2026 |
| General Budget: Expenditure (TRY mn) | 1,398,375.050 May 2026 | monthly | Jan 2005 - May 2026 |
| General Budget: Cash Balance (TRY mn) | -252,277.780 May 2026 | monthly | Jan 2005 - May 2026 |
| 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) | -9,122.7 Oct 2025 | monthly | Jan 2013 - Oct 2025 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 2.2 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Aluminum: Exports (USD th) | 3,851,910.706 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,409,898.365 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 907,071.763 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.6 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Imports: Medicament (USD th) | 2,648,171.753 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,230,287.747 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 1,590.684 Apr 2026 | monthly | Apr 1964 - Apr 2026 |
| Total Imports from USA (USD mn) | 1,850.286 Apr 2026 | monthly | Apr 1964 - Apr 2026 |
| Total Exports to China (USD mn) | 320.466 Apr 2026 | monthly | Jan 2013 - Apr 2026 |
| Total Imports from China (USD mn) | 4,478.000 Apr 2026 | monthly | Sep 1992 - Apr 2026 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 3,212.954 2025 | yearly | 1976 - 2025 |
| Export Value Index (2015=100) | 169.200 2023 | yearly | 1980 - 2023 |
| Import Value Index (2015=100) | 169.400 2023 | yearly | 1980 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.6 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Household Debt: % of GDP (%) | 10.5 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Non-Performing Loans (USD mn) | 15,635.614 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Money Supply M1 (USD mn) | 238,130.057 Mar 2026 | monthly | Dec 1963 - Mar 2026 |
| Money Supply M2 (USD mn) | 579,171.825 Mar 2026 | monthly | Dec 1976 - Mar 2026 |
| M2 Growth (%) | 29.3 Mar 2026 | monthly | Dec 1977 - Mar 2026 |
| Reserve Requirement Ratio (%) | 17.0 May 2026 | monthly | Jan 2011 - May 2026 |
| Foreign Exchange Reserves (USD mn) | 45,522.0 May 2026 | monthly | Apr 2000 - May 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 2.548 Mar 2026 | quarterly | Jun 2000 - Mar 2026 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.6 May 2026 | monthly | Apr 2000 - May 2026 |
| Gold Reserves (USD mn) | 101,537.000 Mar 2026 | monthly | Dec 1956 - Mar 2026 |
| Total Deposits (USD mn) | 647,640.245 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Total Deposits Growth (%) | 35.5 Apr 2026 | monthly | Dec 2003 - Apr 2026 |
| Domestic Credit (USD mn) | 686,277.9 Apr 2026 | monthly | Jan 1986 - Apr 2026 |
| Domestic Credit Growth (%) | 32.4 Mar 2026 | monthly | Jan 1987 - Mar 2026 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 28.700 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Credit to Households (USD bn) | 135.284 Sep 2025 | quarterly | Mar 1986 - Sep 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 672.819 Sep 2025 | quarterly | Mar 1986 - Sep 2025 |
| Household Debt (USD mn) | 135,136.8 Mar 2026 | monthly | Jan 1986 - Mar 2026 |
| Total Loans (USD mn) | 457,224.370 Mar 2026 | monthly | Jan 1986 - Mar 2026 |
| Total Loans Growth (%) | 41.00 Mar 2026 | monthly | Jan 1987 - Mar 2026 |
| Private Debt: % of Nominal GDP (%) | 28.29 Mar 2026 | quarterly | Dec 1995 - Mar 2026 |
| Money Supply: M3 (TRY th) | 29,129,064,176.000 Apr 2026 | monthly | Dec 2005 - Apr 2026 |
| Consumer Loans: BS: Non Performing (TRY mn) | 136,121.724 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 767,314.407 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 3,220,280.625 Apr 2026 | monthly | Dec 2002 - Apr 2026 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.649 Apr 2026 | monthly | Jan 2003 - Apr 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.4 May 2026 | monthly | Jan 2008 - May 2026 |
| Composite Leading Indicator Index: Trend Restored (NA) | 403.720 Apr 2026 | monthly | Dec 1987 - Apr 2026 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 101.000 May 2026 | monthly | Jan 2007 - May 2026 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 111.556 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 83.550 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 109.027 May 2026 | monthly | Jan 2011 - May 2026 |
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