Turkey Household Debt: % of GDP
Key information about Turkey Household Debt: % of GDP
- Turkey household debt accounted for 10.3 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 10.2 % in the previous quarter.
- Turkey household debt to GDP ratio is updated quarterly, available from Dec 2014 to Sep 2025.
- The data reached an all-time high of 19.1 % in Mar 2015 and a record low of 9.8 % in Sep 2024.
CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Central Bank of the Republic of Turkey provides Household Debt in local currency. Turkish Statistical Institute provides Nominal GDP in local currency.
Related information about Turkey Household Debt: % of GDP
- In the latest reports, Turkey Household Debt reached 131.4 USD bn in Jan 2026.
- Money Supply M2 in Turkey increased 42.7 % YoY in Jan 2026.
- Turkey Foreign Exchange Reserves was measured at 65.7 USD bn in Feb 2026.
- The Foreign Exchange Reserves equaled 2.2 Months of Import in Feb 2026.
- Turkey Domestic Credit reached 638.7 USD bn in Jan 2026, representing an increased of 31.6 % YoY.
- The country's Non Performing Loans Ratio stood at 2.6 % in Jan 2026, compared with the ratio of 2.5 % in the previous month.
View Turkey's Household Debt: % of GDP from Dec 2014 to Sep 2025 in the chart:
What was Turkey's Household Debt: % of GDP in Sep 2025?
Turkey household debt accounted for 10.3 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 10.2 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 10.3 Sep 2025 | 10.2 Jun 2025 | 9.8 Sep 2024 | 19.1 Mar 2015 | % | quarterly | Dec 2014 - Sep 2025 |
Household Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 13.5 Sep 2025 | quarterly | Sep 2007 - Sep 2025 |
| Argentina (%) | 6.7 Dec 2025 | quarterly | Dec 2004 - Dec 2025 |
| Armenia (%) | 33.0 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Australia (%) | 120.3 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Austria (%) | 42.3 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Azerbaijan (%) | 14.3 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Belarus (%) | 10.5 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Belgium (%) | 58.1 Sep 2025 | quarterly | Dec 1992 - Sep 2025 |
| Bolivia (%) | 11.4 Dec 2024 | quarterly | Sep 2010 - Dec 2024 |
| Bosnia and Herzegovina (%) | 25.2 Sep 2025 | quarterly | Dec 2008 - Sep 2025 |
| Botswana (%) | 21.6 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Brunei (%) | 15.3 Sep 2025 | quarterly | Dec 2013 - Sep 2025 |
| Bulgaria (%) | 30.1 2024 | yearly | 1995 - 2024 |
| Cambodia (%) | 27.2 2024 | yearly | 2008 - 2024 |
| Canada (%) | 99.5 Dec 2025 | quarterly | Mar 1969 - Dec 2025 |
| Chile (%) | 37.7 Sep 2025 | quarterly | Mar 2009 - Sep 2025 |
| China (%) | 60.4 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Colombia (%) | 29.4 Jun 2025 | quarterly | Dec 2015 - Jun 2025 |
| Croatia (%) | 33.8 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Cyprus (%) | 71.2 2024 | yearly | 1995 - 2024 |
| Czech Republic (%) | 33.4 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Denmark (%) | 89.8 2024 | yearly | 1994 - 2024 |
| Ecuador (%) | 17.8 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Egypt (%) | 7.3 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Estonia (%) | 40.1 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| European Union (%) | 50.7 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| Finland (%) | 74.1 2024 | yearly | 1995 - 2024 |
| France (%) | 59.9 2024 | yearly | 1977 - 2024 |
| Georgia (%) | 36.9 Mar 2023 | quarterly | Mar 2001 - Mar 2023 |
| Germany (%) | 48.9 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Greece (%) | 45.9 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| Hong Kong SAR, China (%) | 87.6 Dec 2025 | quarterly | Mar 1982 - Dec 2025 |
| Hungary (%) | 21.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Iceland (%) | 70.7 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| India (%) | 17.6 2025 | yearly | 1998 - 2025 |
| Indonesia (%) | 15.0 Dec 2025 | quarterly | Dec 2010 - Dec 2025 |
| Ireland (%) | 24.7 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Israel (%) | 42.8 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Italy (%) | 46.9 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Japan (%) | 61.2 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Jordan (%) | 70.8 Sep 2025 | quarterly | Mar 2002 - Sep 2025 |
| Kazakhstan (%) | 65.9 Sep 2025 | quarterly | Dec 1997 - Sep 2025 |
| South Korea (%) | 92.3 Sep 2025 | quarterly | Dec 2002 - Sep 2025 |
| Kosovo (%) | 24.9 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Kuwait (%) | 1.0 Sep 2025 | quarterly | Dec 2010 - Sep 2025 |
| Kyrgyzstan (%) | 11.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Latvia (%) | 22.9 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Lithuania (%) | 30.0 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 61.3 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Macau SAR, China (%) | 73.7 Dec 2025 | quarterly | Dec 2001 - Dec 2025 |
| North Macedonia (%) | 26.6 Dec 2025 | quarterly | Mar 2003 - Dec 2025 |
| Malawi (%) | 0.3 2011 | yearly | 2006 - 2011 |
| Malaysia (%) | 84.1 2024 | yearly | 2002 - 2024 |
| Malta (%) | 48.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Mauritius (%) | 20.6 Jun 2018 | quarterly | Mar 2009 - Jun 2018 |
| Mexico (%) | 17.2 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Mongolia (%) | 28.9 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Montenegro (%) | 29.2 Dec 2025 | quarterly | Mar 2007 - Dec 2025 |
| Morocco (%) | 22.0 2024 | yearly | 2001 - 2024 |
| Netherlands (%) | 97.2 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| New Zealand (%) | 91.1 Dec 2025 | quarterly | Dec 1990 - Dec 2025 |
| Norway (%) | 90.2 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Panama (%) | 37.8 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Peru (%) | 15.1 Dec 2025 | quarterly | Mar 2001 - Dec 2025 |
| Philippines (%) | 13.1 Dec 2025 | quarterly | Mar 2009 - Dec 2025 |
| Poland (%) | 22.6 Sep 2025 | quarterly | Dec 2003 - Sep 2025 |
| Portugal (%) | 56.5 Dec 2025 | quarterly | Dec 2007 - Dec 2025 |
| Romania (%) | 15.7 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Russia (%) | 18.7 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Saudi Arabia (%) | 10.7 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| Serbia (%) | 18.7 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| Singapore (%) | 51.6 Dec 2025 | quarterly | Mar 1995 - Dec 2025 |
| Slovakia (%) | 46.3 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Slovenia (%) | 28.2 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| South Africa (%) | 41.0 Sep 2025 | quarterly | Mar 1969 - Sep 2025 |
| Spain (%) | 46.7 Sep 2025 | quarterly | Dec 1989 - Sep 2025 |
| Sri Lanka (%) | 6.6 Dec 2024 | quarterly | Dec 2010 - Dec 2024 |
| Sweden (%) | 86.2 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 123.1 2024 | yearly | 1999 - 2024 |
| Syria (%) | 14.6 2011 | yearly | 2004 - 2011 |
| Taiwan, China (%) | 94.3 2024 | yearly | 2000 - 2024 |
| Thailand (%) | 86.4 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Tunisia (%) | 0.0 2020 | yearly | 2007 - 2020 |
| Turkey (%) | 10.3 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Ukraine (%) | 4.1 Dec 2025 | quarterly | Dec 2002 - Dec 2025 |
| United Arab Emirates (%) | 24.1 2024 | yearly | 2013 - 2024 |
| United Kingdom (%) | 78.2 Sep 2025 | quarterly | Mar 1987 - Sep 2025 |
| United States (%) | 61.0 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Uruguay (%) | 11.7 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Venezuela (%) | 3.4 2017 | yearly | 2004 - 2017 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.1 Dec 2025 | quarterly | Dec 2006 - Dec 2025 |
| Consolidated Fiscal Balance (USD mn) | -5,205.211 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Tax Revenue (USD mn) | 27,373.867 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| Tax Revenue: % of GDP (%) | 17.8 Dec 2025 | quarterly | Mar 2006 - Dec 2025 |
| National Government Debt (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Government Debt: % of GDP (%) | 24.5 Sep 2025 | quarterly | Dec 2001 - Sep 2025 |
| Forecast: Government Expenditure (TRY bn) | 54,988.117 2030 | yearly | 2000 - 2030 |
| Forecast: Government Net Debt (TRY bn) | 43,869.538 2030 | yearly | 2000 - 2030 |
| Forecast: Government Revenue (TRY bn) | 49,153.935 2030 | yearly | 2000 - 2030 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 16,930,046.022 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Revenue: Tax (TRY th) | 1,181,218,097.968 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Revenue (TRY th) | 1,399,565,964.814 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 393,909,181.548 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,624,177,604.566 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 574,316,377.139 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: ytd: Balance (TRY th) | -224,611,639.751 Jan 2026 | monthly | Jan 2006 - Jan 2026 |
| General Budget: Revenue (TRY mn) | 1,386,901.110 Feb 2026 | monthly | Jan 2005 - Feb 2026 |
| General Budget: Expenditure (TRY mn) | 1,479,334.370 Feb 2026 | monthly | Jan 2005 - Feb 2026 |
| General Budget: Cash Balance (TRY mn) | -92,420.440 Feb 2026 | monthly | Jan 2005 - Feb 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) | 1,248.000 Feb 2026 | monthly | Apr 1964 - Feb 2026 |
| Total Imports from USA (USD mn) | 1,353.000 Feb 2026 | monthly | Apr 1964 - Feb 2026 |
| Total Exports to China (USD mn) | 291.000 Feb 2026 | monthly | Jan 2013 - Feb 2026 |
| Total Imports from China (USD mn) | 4,126.000 Feb 2026 | monthly | Sep 1992 - Feb 2026 |
| 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 (%) | 2.6 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Household Debt: % of GDP (%) | 10.3 Sep 2025 | quarterly | Dec 2014 - Sep 2025 |
| Non-Performing Loans (USD mn) | 14,516.919 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Money Supply M1 (USD mn) | 244,995.947 Jan 2026 | monthly | Dec 1963 - Jan 2026 |
| Money Supply M2 (USD mn) | 582,551.126 Jan 2026 | monthly | Dec 1976 - Jan 2026 |
| M2 Growth (%) | 42.7 Jan 2026 | monthly | Dec 1977 - Jan 2026 |
| Reserve Requirement Ratio (%) | 8.0 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
| Foreign Exchange Reserves (USD mn) | 65,685.0 Feb 2026 | monthly | Apr 2000 - Feb 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.023 Dec 2025 | quarterly | Jun 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.2 Feb 2026 | monthly | Apr 2000 - Feb 2026 |
| Gold Reserves (USD mn) | 112,385.000 Dec 2025 | monthly | Dec 1956 - Dec 2025 |
| Total Deposits (USD mn) | 641,403.884 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Total Deposits Growth (%) | 46.1 Jan 2026 | monthly | Dec 2003 - Jan 2026 |
| Domestic Credit (USD mn) | 638,707.6 Jan 2026 | monthly | Jan 1986 - Jan 2026 |
| Domestic Credit Growth (%) | 31.6 Jan 2026 | monthly | Jan 1987 - Jan 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) | 131,353.8 Jan 2026 | monthly | Jan 1986 - Jan 2026 |
| Total Loans (USD mn) | 444,741.707 Jan 2026 | monthly | Jan 1986 - Jan 2026 |
| Total Loans Growth (%) | 43.08 Jan 2026 | monthly | Jan 1987 - Jan 2026 |
| Private Debt: % of Nominal GDP (%) | 28.13 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Money Supply: M3 (TRY th) | 27,119,545,405.000 Dec 2025 | monthly | Dec 2005 - Dec 2025 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 2,988,457.943 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 691,342.699 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Consumer Loans: BS: Non Performing (TRY mn) | 125,438.628 Jan 2026 | monthly | Dec 2002 - Jan 2026 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.565 Jan 2026 | monthly | Jan 2003 - Jan 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 1.3 Feb 2026 | monthly | Jan 2008 - Feb 2026 |
| Composite Leading Indicator Index: Trend Restored (NA) | 404.860 Feb 2026 | monthly | Dec 1987 - Feb 2026 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 104.100 Feb 2026 | monthly | Jan 2007 - Feb 2026 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 115.912 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 83.910 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 113.793 Feb 2026 | monthly | Jan 2011 - Feb 2026 |
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