Turkey Total Debt: % of GDP
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:
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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| 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 |
| 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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