Debt service on external debt, total (TDS, current US$) … annual in Turkey
Turkey: Debt service on external debt, total (TDS, current US$) … annual was 17.17 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, total (TDS, current US$), annual in Turkey, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for debt service on external debt, total (tds, current us$), annual in Turkey is 17.17 % change on previous year, measured in 2024.
The figure is up 67.0% on the previous year and up 293.3% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), annual in Turkey peaked at 65.81 % change on previous year in 1972 and was at its lowest, -30.38 % change on previous year, in 1973.
Turkey ranks 40th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total (TDS, current US$) … annual in Turkey, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.61 % change on previous year | — |
| 1972 | 65.81 % change on previous year | +584.7% |
| 1973 | -30.38 % change on previous year | -146.2% |
| 1974 | 14.88 % change on previous year | -149.0% |
| 1975 | 46.22 % change on previous year | +210.7% |
| 1976 | 56.78 % change on previous year | +22.8% |
| 1977 | 61.52 % change on previous year | +8.4% |
| 1978 | 41.71 % change on previous year | -32.2% |
| 1979 | -0.8102 % change on previous year | -101.9% |
| 1980 | 19.89 % change on previous year | -2555.3% |
| 1981 | 49.28 % change on previous year | +147.7% |
| 1982 | 23.72 % change on previous year | -51.9% |
| 1983 | 5.73 % change on previous year | -75.8% |
| 1984 | 2.71 % change on previous year | -52.7% |
| 1985 | 42.74 % change on previous year | +1477.5% |
| 1986 | -2.8 % change on previous year | -106.5% |
| 1987 | 33.72 % change on previous year | -1306.5% |
| 1988 | 25.84 % change on previous year | -23.4% |
| 1989 | -5.77 % change on previous year | -122.3% |
| 1990 | 4.65 % change on previous year | -180.5% |
| 1991 | 11.68 % change on previous year | +151.4% |
| 1992 | 9.62 % change on previous year | -17.7% |
| 1993 | -5.32 % change on previous year | -155.3% |
| 1994 | 19.25 % change on previous year | -461.9% |
| 1995 | 11.63 % change on previous year | -39.6% |
| 1996 | -4.71 % change on previous year | -140.5% |
| 1997 | 9.18 % change on previous year | -294.8% |
| 1998 | 25.44 % change on previous year | +177.3% |
| 1999 | 24.51 % change on previous year | -3.6% |
| 2000 | 11.19 % change on previous year | -54.3% |
| 2001 | 7.96 % change on previous year | -28.9% |
| 2002 | 24.64 % change on previous year | +209.7% |
| 2003 | 1.66 % change on previous year | -93.3% |
| 2004 | 15.51 % change on previous year | +836.3% |
| 2005 | 26.86 % change on previous year | +73.1% |
| 2006 | -0.4044 % change on previous year | -101.5% |
| 2007 | 20.21 % change on previous year | -5097.3% |
| 2008 | 12.95 % change on previous year | -35.9% |
| 2009 | 12.55 % change on previous year | -3.1% |
| 2010 | -5.05 % change on previous year | -140.2% |
| 2011 | -2.24 % change on previous year | -55.7% |
| 2012 | -1.57 % change on previous year | -29.9% |
| 2013 | 11.7 % change on previous year | -846.3% |
| 2014 | -8.88 % change on previous year | -175.9% |
| 2015 | -4.92 % change on previous year | -44.6% |
| 2016 | 35.64 % change on previous year | -823.8% |
| 2017 | 14.57 % change on previous year | -59.1% |
| 2018 | -3.8 % change on previous year | -126.1% |
| 2019 | 3.04 % change on previous year | -179.9% |
| 2020 | 0.3317 % change on previous year | -89.1% |
| 2021 | -14.21 % change on previous year | -4382.5% |
| 2022 | -6.33 % change on previous year | -55.4% |
| 2023 | 10.28 % change on previous year | -262.4% |
| 2024 | 17.17 % change on previous year | +67.0% |
Turkey compared with similar countries
- Turkey's 17.17 % change on previous year is above the median for upper middle income countries, which is 8.01 % change on previous year, 2.1× the median. (52 countries reporting)
- Turkey's 17.17 % change on previous year is above the median for Europe & Central Asia, which is 2.35 % change on previous year, 7.3× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total (TDS, current US$) … annual in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +5097.3% | -0.4044 % change on previous year | 20.21 % change on previous year |
| 2021 | -4382.5% | 0.3317 % change on previous year | -14.21 % change on previous year |
| 1980 | +2555.3% | -0.8102 % change on previous year | 19.89 % change on previous year |
| 1985 | +1477.5% | 2.71 % change on previous year | 42.74 % change on previous year |
| 1987 | +1306.5% | -2.8 % change on previous year | 33.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 29.48 % change on previous year | -30.38 % change on previous year | 65.81 % change on previous year | 9 |
| 1980s | 19.51 % change on previous year | -5.77 % change on previous year | 49.28 % change on previous year | 10 |
| 1990s | 10.59 % change on previous year | -5.32 % change on previous year | 25.44 % change on previous year | 10 |
| 2000s | 13.31 % change on previous year | -0.4044 % change on previous year | 26.86 % change on previous year | 10 |
| 2010s | 3.85 % change on previous year | -8.88 % change on previous year | 35.64 % change on previous year | 10 |
| 2020s | 1.45 % change on previous year | -14.21 % change on previous year | 17.17 % change on previous year | 5 |
Countries ranked near Turkey
- 37 Burkina Faso 21.51 % change on previous year compare
- 38 Colombia 18.68 % change on previous year compare
- 39 Vietnam 17.34 % change on previous year compare
- 41 Uzbekistan 15.87 % change on previous year compare
- 42 Bangladesh 15.02 % change on previous year compare
- 43 Nepal 14.97 % change on previous year compare
More external debt data for Turkey
- Net financial flows, IBRD 854.28 million NFL, current US$ (2025)
- IFC, private nonguaranteed (NFL, US$), per capita -0.8193 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,027 NFL, US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), per capita -0.0109 NFL, current US$ per person (2022)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2022)
- Net financial flows, IDA (NFL, current US$), per square kilometre -1.2 NFL, current US$ per square kilometre (2022)
- Use of IMF credit 7.58 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 188.58 billion DOD, current US$ (2025)
- External debt stocks, long-term 399.46 billion DOD, current US$ (2025)
Frequently asked questions
- What is debt service on external debt, total (tds, current us$), annual in Turkey?
- Debt service on external debt, total (tds, current us$), annual in Turkey was 17.17 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), annual recorded in Turkey?
- The highest recorded value was 65.81 % change on previous year in 1972.
- What is the lowest debt service on external debt, total (tds, current us$), annual recorded in Turkey?
- The lowest recorded value was -30.38 % change on previous year in 1973.
- How does Turkey rank for debt service on external debt, total (tds, current us$), annual?
- Turkey ranks 40th out of 121 countries with data for 2024.
- Is debt service on external debt, total (tds, current us$), annual rising or falling in Turkey?
- Over the last ten years it is up 293.3%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, total International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.