Turkey Total Debt: % of GDP

2014 - 2026 | Quarterly | % | CEIC Data

Key information about Turkey Total Debt: % of GDP

  • Turkey Total Debt accounted for 242.8 % of the country's GDP in 2026, compared with the ratio of 245.0 % in the previous quarter.
  • Turkey Total Debt: % of GDP data is updated quarterly, available from Dec 2014 to Mar 2026.
  • The data reached an all-time high of 377.3 % in Dec 2021 and a record low of 237.1 % 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 Mar 2026 in the chart:

Turkey Total Debt: % of GDP

What was Turkey's Total Debt: % of GDP in Mar 2026?

Turkey Total Debt accounted for 242.8 % of the country's GDP in 2026, compared with the ratio of 245.0 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
242.8 Mar 2026 245.0 Dec 2025 237.1 Dec 2024 377.3 Dec 2021 % quarterly Dec 2014 - Mar 2026

Total Debt: % of GDP by Country Comparison

country/region Last Frequency Range
Australia (%) 267.4 Mar 2026 quarterly Jun 1988 - Mar 2026
Austria (%) 513.8 Mar 2026 quarterly Mar 1999 - Mar 2026
Belgium (%) 696.1 Mar 2026 quarterly Dec 1998 - Mar 2026
Bulgaria (%) 348.2 2024 yearly 1995 - 2024
Canada (%) 952.1 Mar 2026 quarterly Mar 1990 - Mar 2026
Croatia (%) 411.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Cyprus (%) 1,096.1 2025 yearly 1995 - 2025
Czech Republic (%) 387.3 Mar 2026 quarterly Mar 2004 - Mar 2026
Denmark (%) 830.8 2024 yearly 1994 - 2024
Estonia (%) 377.9 Mar 2026 quarterly Dec 2003 - Mar 2026
European Union (%) 680.8 2025 yearly 2001 - 2025
Finland (%) 600.6 2025 yearly 1995 - 2025
France (%) 944.7 Mar 2026 quarterly Mar 1996 - Mar 2026
Germany (%) 581.5 Mar 2026 quarterly Mar 1999 - Mar 2026
Greece (%) 515.8 Mar 2026 quarterly Dec 1997 - Mar 2026
Hungary (%) 392.1 Mar 2026 quarterly Dec 1995 - Mar 2026
Iceland (%) 679.9 2024 yearly 2003 - 2024
Ireland (%) 929.3 Mar 2026 quarterly Mar 2002 - Mar 2026
Italy (%) 550.5 Dec 2025 quarterly Dec 1995 - Dec 2025
Japan (%) 1,151.3 Mar 2026 quarterly Jun 1998 - Mar 2026
South Korea (%) 705.8 Mar 2026 quarterly Dec 2008 - Mar 2026
Latvia (%) 339.8 Dec 2025 quarterly Mar 2004 - Dec 2025
Lithuania (%) 326.8 Sep 2025 quarterly Dec 1995 - Sep 2025
Luxembourg (%) 7,036.9 Mar 2026 quarterly Dec 1995 - Mar 2026
North Macedonia (%) 342.8 2025 yearly 2013 - 2025
Malta (%) 1,294.0 Mar 2026 quarterly Mar 2004 - Mar 2026
Mexico (%) 115.0 Jun 2026 quarterly Dec 2000 - Jun 2026
Netherlands (%) 958.3 Mar 2026 quarterly Mar 1999 - Mar 2026
New Zealand (%) 586.2 2023 yearly 2006 - 2023
Norway (%) 594.1 Mar 2026 quarterly Dec 1995 - Mar 2026
Poland (%) 298.0 Dec 2025 quarterly Mar 2004 - Dec 2025
Portugal (%) 450.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Romania (%) 244.9 Mar 2026 quarterly Dec 1995 - Mar 2026
Slovakia (%) 365.2 Mar 2026 quarterly Dec 2012 - Mar 2026
Slovenia (%) 317.9 Mar 2026 quarterly Mar 2004 - Mar 2026
Spain (%) 551.3 Mar 2026 quarterly Dec 1995 - Mar 2026
Sweden (%) 754.7 Mar 2026 quarterly Mar 1996 - Mar 2026
Switzerland (%) 887.0 2025 yearly 1999 - 2025
Taiwan, China (%) 880.3 2024 yearly 2000 - 2024
Turkey (%) 242.8 Mar 2026 quarterly Dec 2014 - Mar 2026
Ukraine (%) 235.5 2021 yearly 2009 - 2021
United Kingdom (%) 823.8 Mar 2026 quarterly Mar 1987 - Mar 2026
United States (%) 721.7 Mar 2026 quarterly Dec 1951 - Mar 2026

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Turkey Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.5 Jun 2026 quarterly Dec 2006 - Jun 2026
Consolidated Fiscal Balance (USD mn) -6,778.084 Jul 2026 monthly Jan 2006 - Jul 2026
Tax Revenue (USD mn) 26,277.854 Jul 2026 monthly Jan 2006 - Jul 2026
Tax Revenue: % of GDP (%) 16.4 Jun 2026 quarterly Mar 2006 - Jun 2026
National Government Debt (USD mn) 298,427.1 2024 yearly 2001 - 2024
Government Debt: % of GDP (%) 23.1 Mar 2026 quarterly Dec 2001 - Mar 2026
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 (TRY th) 8,995,987,497.804 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) 4,071,000,199.141 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) 337,801,058.568 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: Revenue: Tax (TRY th) 7,854,582,454.854 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: Balance (TRY th) -1,293,329,470.661 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: Expenditure (EX) (TRY th) 10,289,316,968.466 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: ytd: Revenue: Tax: Direct (TRY th) 3,174,806,936.314 Jul 2026 monthly Jan 2006 - Jul 2026
General Budget: Revenue (TRY mn) 1,394,899.460 Jul 2026 monthly Jan 2005 - Jul 2026
General Budget: Expenditure (TRY mn) 1,790,549.480 Jul 2026 monthly Jan 2005 - Jul 2026
General Budget: Cash Balance (TRY mn) -395,650.020 Jul 2026 monthly Jan 2005 - Jul 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) 1,524,597.337 2025 yearly 1995 - 2025
Exports: Medicinal and Pharmaceutical Product (USD th) 1,015,150.935 2025 yearly 1995 - 2025
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) 3,252,558.505 2025 yearly 1995 - 2025
Imports: Medicinal and Pharmaceutical Product (USD th) 3,703,549.600 2025 yearly 1995 - 2025
Total Exports to USA (USD mn) 1,682.751 Jul 2026 monthly Apr 1964 - Jul 2026
Total Imports from USA (USD mn) 1,889.280 Jul 2026 monthly Apr 1964 - Jul 2026
Total Exports to China (USD mn) 435.166 Jul 2026 monthly Jan 2013 - Jul 2026
Total Imports from China (USD mn) 5,040.310 Jul 2026 monthly Sep 1992 - Jul 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) 173.400 2024 yearly 2005 - 2024
Import Value Index (2015=100) 161.000 2024 yearly 2005 - 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 1,109.0 Jun 2026 monthly Jan 1992 - Jun 2026
Current Account Balance (USD mn) -4,194.0 Jun 2026 monthly Jan 1992 - Jun 2026
Current Account Balance: % of GDP (%) -2.5 Jun 2026 quarterly Mar 1995 - Jun 2026
Foreign Direct Investment (USD mn) 210.0 Jun 2026 monthly Jan 1992 - Jun 2026
Foreign Direct Investment: % of GDP (%) 0.4 Jun 2026 quarterly Mar 1995 - Jun 2026
Foreign Portfolio Investment (USD mn) 9,270.000 Jun 2026 quarterly Mar 1992 - Jun 2026
Foreign Portfolio Investment: % of GDP (%) 2.1 Jun 2026 quarterly Mar 1995 - Jun 2026
Foreign Portfolio Investment: Equity Securities (USD mn) 48.0 Jun 2026 quarterly Mar 1992 - Jun 2026
Foreign Portfolio Investment: Debt Securities (USD mn) 4,869.000 Jun 2026 quarterly Mar 1992 - Jun 2026
External Debt (USD mn) 564,897.1 Sep 2025 quarterly Dec 1989 - Sep 2025
External Debt: % of GDP (%) 32.6 2025 yearly 1995 - 2025
External Debt: Short Term (USD mn) 167,742.0 Sep 2025 quarterly Dec 1989 - Sep 2025
External Debt: Short Term: % of GDP (%) 10.4 2025 yearly 1995 - 2025
Total Debt: % of GDP (%) 242.8 Mar 2026 quarterly Dec 2014 - Mar 2026
Forecast: Current Account Balance (USD bn) -23.550 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) -402,645.000 Jun 2026 quarterly Dec 1996 - Jun 2026
BoP: Current Account: Primary Income: Credit (USD mn) 764.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Primary Income: Debit (USD mn) 2,549.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Portfolio Investment: Net Acquisition of Financial Assets (USD mn) 2,115.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Other Investment: Net Acquisition of Financial Assets (FA) (USD mn) -1,989.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Other Investment: Net Incurrence of Liabilities (NI) (USD mn) 2,047.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current, Capital and Financial Accounts (USD mn) 1,000.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Net Errors and Omissions (USD mn) 39.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Capital Account (USD mn) -13.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Services: Debit (USD mn) 5,318.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Goods: Imports: F.o.B. (USD mn) 32,962.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Goods: Exports: F.o.B. (USD mn) 24,429.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Secondary Income (USD mn) -727.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Direct Investment: Net Acquisition of Financial Assets (USD mn) 1,109.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Portfolio Investment: Net Incurrence of Liabilities (NI) (USD mn) 4,652.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: CA: Services (USD mn) 6,851.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: CA: Primary Income (PI) (USD mn) -1,785.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Direct Investment (DI) (USD mn) 899.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Portfolio Investment (PI) (USD mn) -2,537.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: FA: Other Investment (OI) (USD mn) -4,036.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Goods (USD mn) -8,533.000 Jun 2026 monthly Jan 1992 - Jun 2026
BoP: Current Account: Services: Credit (USD mn) 12,169.000 Jun 2026 monthly Jan 1992 - Jun 2026
International Investment Position (IIP) (USD mn) -402,645.000 Jun 2026 quarterly Dec 1996 - Jun 2026
IIP: Assets (USD mn) 404,039.000 Jun 2026 quarterly Dec 1996 - Jun 2026
IIP: Liabilities (USD mn) 806,684.000 Jun 2026 quarterly Dec 1996 - Jun 2026
Number of Companies: Newly Established (Unit) 9,642.000 Jul 2026 monthly Jan 1995 - Jul 2026
Number of Companies: Liquidated (Unit) 2,794.000 Jul 2026 monthly Jan 1995 - Jul 2026
FDI: Flows: Asia: NM: GA: Qatar (USD mn) 0.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: Europe: Germany (USD mn) 47.000 Jun 2026 monthly Jan 2005 - Jun 2026
Foreign Direct Investment (FDI): Flows: NACE 2 (USD mn) 1,247.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: Europe: Netherlands (USD mn) 586.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: Europe: Spain (USD mn) 16.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: Europe: Austria (USD mn) 9.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: NACE 2: Industrial Sectors (IS) (USD mn) 306.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: NACE 2: IS: Electricity, Gas, Steam & Air Conditioning (USD mn) 2.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: NACE 2: SE: Financial and Insurance (FI) (USD mn) 196.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: NACE 2: Services (SE) (USD mn) 941.000 Jun 2026 monthly Jan 2005 - Jun 2026
FDI: Flows: NACE 2: IS: Manufacturing (Mfg) (USD mn) 268.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: RE: America: North: United States (USD mn) 142.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: RE: Europe: Netherlands (USD mn) 343.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: RE: Asia: NM: OT: Azerbaijan (USD mn) 1.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: RE: Europe: United Kingdom (USD mn) 92.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: RE: Europe: OT: Russia (USD mn) 0.000 Jun 2026 monthly Jan 2005 - Jun 2026
Investment Abroad: DI: FL: RE: Industrial Sectors (IS) (USD mn) 284.000 Jun 2026 monthly Jan 2005 - Jun 2026
Investment Abroad: DI: FL: RE: Services (SE) (USD mn) 646.000 Jun 2026 monthly Jan 2005 - Jun 2026
Investment Abroad: DI: FL: RE: IS: Manufacturing (Mfg) (USD mn) 114.000 Jun 2026 monthly Jan 2005 - Jun 2026
Investment Abroad: DI: FL: RE: SE: Financial and Insurance (FI) (USD mn) 77.000 Jun 2026 monthly Jan 2005 - Jun 2026
Direct Investment Abroad: Flows: Residents (RE) (USD mn) 931.000 Jun 2026 monthly Jan 2005 - Jun 2026
Investment Abroad: DI: FL: RE: IS: Mining and Quarrying (USD mn) 125.000 Jun 2026 monthly Jan 2005 - Jun 2026
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.9 Jul 2026 monthly Jan 2003 - Jul 2026
Household Debt: % of GDP (%) 10.6 Mar 2026 quarterly Dec 2014 - Mar 2026
Non-Performing Loans (USD mn) 17,278.777 Jul 2026 monthly Dec 2002 - Jul 2026
Money Supply M1 (USD mn) 231,716.804 Jul 2026 monthly Dec 1963 - Jul 2026
Money Supply M2 (USD mn) 594,233.000 Jul 2026 monthly Dec 1976 - Jul 2026
M2 Growth (%) 28.9 Jul 2026 monthly Dec 1977 - Jul 2026
Reserve Requirement Ratio (%) 17.0 Aug 2026 monthly Jan 2011 - Aug 2026
Foreign Exchange Reserves (USD mn) 56,154.0 Jul 2026 monthly Apr 2000 - Jul 2026
Foreign Exchange Reserves: % of GDP (%) 2.680 Jun 2026 quarterly Jun 2000 - Jun 2026
Foreign Exchange Reserves: Months of Import (NA) 1.7 Jul 2026 monthly Apr 2000 - Jul 2026
Gold Reserves (USD mn) 94,250.000 Jun 2026 monthly Dec 1956 - Jun 2026
Total Deposits (USD mn) 652,673.917 Jul 2026 monthly Dec 2002 - Jul 2026
Total Deposits Growth (%) 31.6 Jul 2026 monthly Dec 2003 - Jul 2026
Domestic Credit (USD mn) 709,751.6 Jul 2026 monthly Jan 1986 - Jul 2026
Domestic Credit Growth (%) 33.0 Jul 2026 monthly Jan 1987 - Jul 2026
Debt Service Ratio: Private Non-Financial Sector (%) 28.700 Sep 2025 quarterly Mar 2002 - Sep 2025
Credit to Households (USD bn) 146.854 Dec 2025 quarterly Mar 1986 - Dec 2025
Credit to Private Non-Financial Sector (USD bn) 715.121 Dec 2025 quarterly Mar 1986 - Dec 2025
Household Debt (USD mn) 139,754.0 Jul 2026 monthly Jan 1986 - Jul 2026
Total Loans (USD mn) 472,172.817 Jul 2026 monthly Jan 1986 - Jul 2026
Total Loans Growth (%) 36.60 Jul 2026 monthly Jan 1987 - Jul 2026
Private Debt: % of Nominal GDP (%) 28.17 Jun 2026 quarterly Dec 1995 - Jun 2026
Money Supply: M3 (TRY th) 31,270,931,971.000 Jul 2026 monthly Dec 2005 - Jul 2026
Consumer Loans: BS: Non Performing (TRY mn) 159,693.262 Jul 2026 monthly Dec 2002 - Jul 2026
Consumer Loans: Banking Sector (BS): Loan (TRY mn) 3,429,812.084 Jul 2026 monthly Dec 2002 - Jul 2026
Consumer Loans: BS: Loan: Housing (TRY mn) 815,655.833 Jul 2026 monthly Dec 2002 - Jul 2026
Asset Quality: Banking Sector: NPL to Total Loan (%) 2.862 Jul 2026 monthly Jan 2003 - Jul 2026
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 1.8 Aug 2026 monthly Jan 2008 - Aug 2026
Composite Leading Indicator Index: Trend Restored (NA) 405.880 Jul 2026 monthly Dec 1987 - Jul 2026
Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) 102.400 Aug 2026 monthly Jan 2007 - Aug 2026
Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) 111.900 Aug 2026 monthly Jan 2011 - Aug 2026
Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) 110.109 Aug 2026 monthly Jan 2011 - Aug 2026
Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) 83.131 Aug 2026 monthly Jan 2011 - Aug 2026

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