Turkey Total Debt: % of GDP
Key information about Turkey Total Debt: % of GDP
- Turkey Total Debt accounted for 245.6 % of the country's GDP in 2025, compared with the ratio of 248.0 % in the previous quarter.
- Turkey Total Debt: % of GDP data is updated quarterly, available from Dec 2014 to Dec 2025.
- The data reached an all-time high of 377.3 % in Dec 2021 and a record low of 237.5 % in Dec 2024.
CEIC calculates quarterly Total Debt as % of Nominal GDP from quarterly Total Debt and quarterly Nominal GDP. Total Debt is calculated as Total Liabilities less Equity & Investment Fund Shares and Financial Derivatives. The Central Bank of the Republic of Turkey provides Total Debt in local currency. The Turkish Statistical Institute provides Nominal GDP in local currency.
View Turkey's Total Debt: % of GDP from Dec 2014 to Dec 2025 in the chart:
What was Turkey's Total Debt: % of GDP in Dec 2025?
Turkey Total Debt accounted for 245.6 % of the country's GDP in 2025, compared with the ratio of 248.0 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 245.6 Dec 2025 | 248.0 Sep 2025 | 237.5 Dec 2024 | 377.3 Dec 2021 | % | quarterly | Dec 2014 - Dec 2025 |
Total Debt: % of GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Australia (%) | 267.8 Dec 2025 | quarterly | Jun 1988 - Dec 2025 |
| Austria (%) | 517.5 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Belgium (%) | 695.9 Dec 2025 | quarterly | Dec 1998 - Dec 2025 |
| Bulgaria (%) | 348.2 2024 | yearly | 1995 - 2024 |
| Canada (%) | 944.6 Dec 2025 | quarterly | Mar 1990 - Dec 2025 |
| Croatia (%) | 415.6 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Cyprus (%) | 1,096.1 2025 | yearly | 1995 - 2025 |
| Czech Republic (%) | 387.3 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Denmark (%) | 847.5 2024 | yearly | 1994 - 2024 |
| Estonia (%) | 383.9 Dec 2025 | quarterly | Dec 2003 - Dec 2025 |
| European Union (%) | 689.3 2024 | yearly | 2001 - 2024 |
| Finland (%) | 600.6 2025 | yearly | 1995 - 2025 |
| France (%) | 940.9 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Germany (%) | 585.6 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| Greece (%) | 526.1 Dec 2025 | quarterly | Dec 1997 - Dec 2025 |
| Hungary (%) | 383.9 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Iceland (%) | 679.7 2024 | yearly | 2003 - 2024 |
| Ireland (%) | 816.6 Dec 2025 | quarterly | Mar 2002 - Dec 2025 |
| Italy (%) | 550.3 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Japan (%) | 1,167.0 Dec 2025 | quarterly | Jun 1998 - Dec 2025 |
| South Korea (%) | 715.2 Dec 2025 | quarterly | Dec 2008 - Dec 2025 |
| Latvia (%) | 339.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Lithuania (%) | 327.1 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Luxembourg (%) | 7,000.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| North Macedonia (%) | 342.8 2025 | yearly | 2013 - 2025 |
| Malta (%) | 1,304.8 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Mexico (%) | 114.9 Dec 2025 | quarterly | Dec 2000 - Dec 2025 |
| Netherlands (%) | 925.1 Dec 2025 | quarterly | Mar 1999 - Dec 2025 |
| New Zealand (%) | 586.2 2023 | yearly | 2006 - 2023 |
| Norway (%) | 592.2 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Poland (%) | 298.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Portugal (%) | 458.0 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Romania (%) | 245.3 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Slovakia (%) | 372.2 Sep 2025 | quarterly | Dec 2012 - Sep 2025 |
| Slovenia (%) | 318.0 Dec 2025 | quarterly | Mar 2004 - Dec 2025 |
| Spain (%) | 551.7 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Sweden (%) | 742.7 Dec 2025 | quarterly | Mar 1996 - Dec 2025 |
| Switzerland (%) | 899.6 2025 | yearly | 1999 - 2025 |
| Taiwan, China (%) | 880.3 2024 | yearly | 2000 - 2024 |
| Turkey (%) | 245.6 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Ukraine (%) | 235.5 2021 | yearly | 2009 - 2021 |
| United Kingdom (%) | 824.2 Dec 2025 | quarterly | Mar 1987 - Dec 2025 |
| United States (%) | 719.3 Dec 2025 | quarterly | Dec 1951 - Dec 2025 |
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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) | -5,312.118 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| Tax Revenue (USD mn) | 23,964.830 Mar 2026 | monthly | Jan 2006 - Mar 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 (%) | 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: Revenue: Tax (TRY th) | 3,360,367,269.106 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: Revenue (TRY th) | 3,901,728,311.914 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 64,683,555.517 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 1,810,296,776.191 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 4,432,436,025.280 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: Balance (TRY th) | -530,707,713.367 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 1,345,004,825.198 Mar 2026 | monthly | Jan 2006 - Mar 2026 |
| General Budget: Revenue (TRY mn) | 1,273,081.170 Apr 2026 | monthly | Jan 2005 - Apr 2026 |
| General Budget: Expenditure (TRY mn) | 1,524,323.020 Apr 2026 | monthly | Jan 2005 - Apr 2026 |
| General Budget: Cash Balance (TRY mn) | -251,241.860 Apr 2026 | monthly | Jan 2005 - Apr 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) | 1,591.000 Apr 2026 | monthly | Apr 1964 - Apr 2026 |
| Total Imports from USA (USD mn) | 1,851.000 Apr 2026 | monthly | Apr 1964 - Apr 2026 |
| Total Exports to China (USD mn) | 320.000 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 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Household Debt: % of GDP (%) | 10.5 Dec 2025 | quarterly | Dec 2014 - Dec 2025 |
| Non-Performing Loans (USD mn) | 15,278.215 Mar 2026 | monthly | Dec 2002 - Mar 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 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Foreign Exchange Reserves (USD mn) | 41,588.0 Mar 2026 | monthly | Apr 2000 - Mar 2026 |
| Foreign Exchange Reserves: % of GDP (%) | 4.023 Dec 2025 | quarterly | Jun 2000 - Dec 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Mar 2026 | monthly | Apr 2000 - Mar 2026 |
| Gold Reserves (USD mn) | 136,827.000 Feb 2026 | monthly | Dec 1956 - Feb 2026 |
| Total Deposits (USD mn) | 636,103.166 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Total Deposits Growth (%) | 33.6 Mar 2026 | monthly | Dec 2003 - Mar 2026 |
| Domestic Credit (USD mn) | 676,975.3 Mar 2026 | monthly | Jan 1986 - Mar 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 (%) | 28.13 Dec 2025 | quarterly | Dec 1995 - Dec 2025 |
| Money Supply: M3 (TRY th) | 27,808,348,119.000 Mar 2026 | monthly | Dec 2005 - Mar 2026 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 741,972.258 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Consumer Loans: BS: Non Performing (TRY mn) | 131,631.530 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 3,167,870.542 Mar 2026 | monthly | Dec 2002 - Mar 2026 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.623 Mar 2026 | monthly | Jan 2003 - Mar 2026 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -2.2 Apr 2026 | monthly | Jan 2008 - Apr 2026 |
| Composite Leading Indicator Index: Trend Restored (NA) | 405.420 Mar 2026 | monthly | Dec 1987 - Mar 2026 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 98.600 Apr 2026 | monthly | Jan 2007 - Apr 2026 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 83.550 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 111.556 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 109.734 Apr 2026 | monthly | Jan 2011 - Apr 2026 |
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