Debt service on external debt, total (TDS, current US$) … unit in Turkey
Turkey: Debt service on external debt, total (TDS, current US$) … unit was 0.0659 TDS, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.0659 TDS, current US$ per US$ of GDP
Change on year
down 1.6%
World rank
33rd
of 121 countries
All-time high
0.1176 TDS, current US$ per US$ of GDP
in 2020
All-time low
0.0073 TDS, current US$ per US$ of GDP
in 1974
Years of data
55
1970–2024
Debt service on external debt, total (TDS, current US$), per unit of in Turkey, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
Turkey recorded 0.0659 TDS, current US$ per US$ of GDP for debt service on external debt, total (tds, current us$), per unit of in 2024.
That represents a change of down 1.6% on the previous year and up 5.8% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), per unit of in Turkey peaked at 0.1176 TDS, current US$ per US$ of GDP in 2020 and was at its lowest, 0.0073 TDS, current US$ per US$ of GDP, in 1974.
That places Turkey 33rd out of 121 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Debt service on external debt, total (TDS, current US$) … unit in Turkey, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0099 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.012 TDS, current US$ per US$ of GDP | +21.1% |
| 1972 | 0.0156 TDS, current US$ per US$ of GDP | +29.8% |
| 1973 | 0.0086 TDS, current US$ per US$ of GDP | -44.7% |
| 1974 | 0.0073 TDS, current US$ per US$ of GDP | -15.7% |
| 1975 | 0.0082 TDS, current US$ per US$ of GDP | +12.5% |
| 1976 | 0.0115 TDS, current US$ per US$ of GDP | +40.3% |
| 1977 | 0.0163 TDS, current US$ per US$ of GDP | +41.6% |
| 1978 | 0.0205 TDS, current US$ per US$ of GDP | +26.2% |
| 1979 | 0.015 TDS, current US$ per US$ of GDP | -27.0% |
| 1980 | 0.0234 TDS, current US$ per US$ of GDP | +56.1% |
| 1981 | 0.0337 TDS, current US$ per US$ of GDP | +44.3% |
| 1982 | 0.0461 TDS, current US$ per US$ of GDP | +36.8% |
| 1983 | 0.0508 TDS, current US$ per US$ of GDP | +10.1% |
| 1984 | 0.0538 TDS, current US$ per US$ of GDP | +5.9% |
| 1985 | 0.0684 TDS, current US$ per US$ of GDP | +27.3% |
| 1986 | 0.0591 TDS, current US$ per US$ of GDP | -13.6% |
| 1987 | 0.0686 TDS, current US$ per US$ of GDP | +16.1% |
| 1988 | 0.0828 TDS, current US$ per US$ of GDP | +20.7% |
| 1989 | 0.0662 TDS, current US$ per US$ of GDP | -20.1% |
| 1990 | 0.0493 TDS, current US$ per US$ of GDP | -25.6% |
| 1991 | 0.0549 TDS, current US$ per US$ of GDP | +11.4% |
| 1992 | 0.0571 TDS, current US$ per US$ of GDP | +4.1% |
| 1993 | 0.0477 TDS, current US$ per US$ of GDP | -16.5% |
| 1994 | 0.0785 TDS, current US$ per US$ of GDP | +64.7% |
| 1995 | 0.0488 TDS, current US$ per US$ of GDP | -37.9% |
| 1996 | 0.0436 TDS, current US$ per US$ of GDP | -10.7% |
| 1997 | 0.0452 TDS, current US$ per US$ of GDP | +3.6% |
| 1998 | 0.0541 TDS, current US$ per US$ of GDP | +19.9% |
| 1999 | 0.0725 TDS, current US$ per US$ of GDP | +33.9% |
| 2000 | 0.0753 TDS, current US$ per US$ of GDP | +3.9% |
| 2001 | 0.1105 TDS, current US$ per US$ of GDP | +46.7% |
| 2002 | 0.1156 TDS, current US$ per US$ of GDP | +4.7% |
| 2003 | 0.0897 TDS, current US$ per US$ of GDP | -22.4% |
| 2004 | 0.0797 TDS, current US$ per US$ of GDP | -11.2% |
| 2005 | 0.0816 TDS, current US$ per US$ of GDP | +2.4% |
| 2006 | 0.0738 TDS, current US$ per US$ of GDP | -9.5% |
| 2007 | 0.0725 TDS, current US$ per US$ of GDP | -1.8% |
| 2008 | 0.0723 TDS, current US$ per US$ of GDP | -0.2% |
| 2009 | 0.0965 TDS, current US$ per US$ of GDP | +33.5% |
| 2010 | 0.0766 TDS, current US$ per US$ of GDP | -20.7% |
| 2011 | 0.0694 TDS, current US$ per US$ of GDP | -9.4% |
| 2012 | 0.0651 TDS, current US$ per US$ of GDP | -6.1% |
| 2013 | 0.067 TDS, current US$ per US$ of GDP | +2.8% |
| 2014 | 0.0623 TDS, current US$ per US$ of GDP | -7.0% |
| 2015 | 0.0645 TDS, current US$ per US$ of GDP | +3.5% |
| 2016 | 0.0869 TDS, current US$ per US$ of GDP | +34.8% |
| 2017 | 0.1004 TDS, current US$ per US$ of GDP | +15.5% |
| 2018 | 0.1058 TDS, current US$ per US$ of GDP | +5.4% |
| 2019 | 0.1108 TDS, current US$ per US$ of GDP | +4.7% |
| 2020 | 0.1176 TDS, current US$ per US$ of GDP | +6.1% |
| 2021 | 0.0881 TDS, current US$ per US$ of GDP | -25.1% |
| 2022 | 0.0748 TDS, current US$ per US$ of GDP | -15.0% |
| 2023 | 0.067 TDS, current US$ per US$ of GDP | -10.5% |
| 2024 | 0.0659 TDS, current US$ per US$ of GDP | -1.6% |
Turkey compared with similar countries
- Turkey's 0.0659 TDS, current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.0546 TDS, current US$ per US$ of GDP, 1.2× the median. (52 countries reporting)
- Turkey's 0.0659 TDS, current US$ per US$ of GDP is above the median for Europe & Central Asia, which is 0.0635 TDS, current US$ per US$ of GDP, 1.0× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0125 TDS, current US$ per US$ of GDP | 0.0073 TDS, current US$ per US$ of GDP | 0.0205 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0553 TDS, current US$ per US$ of GDP | 0.0234 TDS, current US$ per US$ of GDP | 0.0828 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0552 TDS, current US$ per US$ of GDP | 0.0436 TDS, current US$ per US$ of GDP | 0.0785 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0868 TDS, current US$ per US$ of GDP | 0.0723 TDS, current US$ per US$ of GDP | 0.1156 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0809 TDS, current US$ per US$ of GDP | 0.0623 TDS, current US$ per US$ of GDP | 0.1108 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0827 TDS, current US$ per US$ of GDP | 0.0659 TDS, current US$ per US$ of GDP | 0.1176 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Turkey
- 30 Ecuador 0.0686 TDS, current US$ per US$ of GDP compare
- 31 Belarus 0.068 TDS, current US$ per US$ of GDP compare
- 32 Tonga 0.0679 TDS, current US$ per US$ of GDP compare
- 34 Bulgaria 0.0645 TDS, current US$ per US$ of GDP compare
- 35 Moldova 0.0625 TDS, current US$ per US$ of GDP compare
- 36 Argentina 0.0619 TDS, current US$ per US$ of GDP 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$), per unit of in Turkey?
- Debt service on external debt, total (tds, current us$), per unit of in Turkey was 0.0659 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), per unit of recorded in Turkey?
- The highest recorded value was 0.1176 TDS, current US$ per US$ of GDP in 2020.
- What is the lowest debt service on external debt, total (tds, current us$), per unit of recorded in Turkey?
- The lowest recorded value was 0.0073 TDS, current US$ per US$ of GDP in 1974.
- How does Turkey rank for debt service on external debt, total (tds, current us$), per unit of?
- Turkey ranks 33rd out of 121 countries with data for 2024.
- Is debt service on external debt, total (tds, current us$), per unit of rising or falling in Turkey?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, total (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.