External debt stocks, long-term in Turkey
Turkey: External debt stocks, long-term was 329.63 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
329.63 billion DOD, current US$
Change on year
up 3.8%
World rank
6th
of 122 countries
All-time high
336.19 billion DOD, current US$
in 2017
All-time low
1.89 billion DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, long-term in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, long-term in Turkey stood at 329.63 billion DOD, current US$.
The figure is up 3.8% on the previous year and up 22.2% over ten years.
Over the whole period, external debt stocks, long-term in Turkey peaked at 336.19 billion DOD, current US$ in 2017 and was at its lowest, 1.89 billion DOD, current US$, in 1970.
Turkey ranks 6th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, long-term in Turkey, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 1.89 billion DOD, current US$ | — |
| 1971 | 2.28 billion DOD, current US$ | +20.8% |
| 1972 | 2.54 billion DOD, current US$ | +11.4% |
| 1973 | 3.00 billion DOD, current US$ | +18.3% |
| 1974 | 3.31 billion DOD, current US$ | +10.2% |
| 1975 | 3.37 billion DOD, current US$ | +1.8% |
| 1976 | 3.90 billion DOD, current US$ | +15.6% |
| 1977 | 4.95 billion DOD, current US$ | +27.1% |
| 1978 | 7.05 billion DOD, current US$ | +42.4% |
| 1979 | 11.67 billion DOD, current US$ | +65.6% |
| 1980 | 15.58 billion DOD, current US$ | +33.4% |
| 1981 | 15.71 billion DOD, current US$ | +0.9% |
| 1982 | 16.49 billion DOD, current US$ | +4.9% |
| 1983 | 16.47 billion DOD, current US$ | -0.1% |
| 1984 | 17.00 billion DOD, current US$ | +3.2% |
| 1985 | 19.93 billion DOD, current US$ | +17.2% |
| 1986 | 25.50 billion DOD, current US$ | +28.0% |
| 1987 | 32.55 billion DOD, current US$ | +27.7% |
| 1988 | 34.28 billion DOD, current US$ | +5.3% |
| 1989 | 35.78 billion DOD, current US$ | +4.4% |
| 1990 | 39.92 billion DOD, current US$ | +11.6% |
| 1991 | 41.76 billion DOD, current US$ | +4.6% |
| 1992 | 43.89 billion DOD, current US$ | +5.1% |
| 1993 | 50.07 billion DOD, current US$ | +14.1% |
| 1994 | 54.60 billion DOD, current US$ | +9.0% |
| 1995 | 57.40 billion DOD, current US$ | +5.1% |
| 1996 | 62.62 billion DOD, current US$ | +9.1% |
| 1997 | 66.13 billion DOD, current US$ | +5.6% |
| 1998 | 75.35 billion DOD, current US$ | +13.9% |
| 1999 | 77.27 billion DOD, current US$ | +2.5% |
| 2000 | 83.56 billion DOD, current US$ | +8.1% |
| 2001 | 82.34 billion DOD, current US$ | -1.5% |
| 2002 | 90.84 billion DOD, current US$ | +10.3% |
| 2003 | 96.81 billion DOD, current US$ | +6.6% |
| 2004 | 107.09 billion DOD, current US$ | +10.6% |
| 2005 | 119.89 billion DOD, current US$ | +12.0% |
| 2006 | 157.26 billion DOD, current US$ | +31.2% |
| 2007 | 209.56 billion DOD, current US$ | +33.3% |
| 2008 | 229.38 billion DOD, current US$ | +9.5% |
| 2009 | 220.23 billion DOD, current US$ | -4.0% |
| 2010 | 216.37 billion DOD, current US$ | -1.8% |
| 2011 | 219.52 billion DOD, current US$ | +1.5% |
| 2012 | 236.24 billion DOD, current US$ | +7.6% |
| 2013 | 258.62 billion DOD, current US$ | +9.5% |
| 2014 | 269.75 billion DOD, current US$ | +4.3% |
| 2015 | 293.65 billion DOD, current US$ | +8.9% |
| 2016 | 307.56 billion DOD, current US$ | +4.7% |
| 2017 | 336.19 billion DOD, current US$ | +9.3% |
| 2018 | 332.24 billion DOD, current US$ | -1.2% |
| 2019 | 317.42 billion DOD, current US$ | -4.5% |
| 2020 | 316.52 billion DOD, current US$ | -0.3% |
| 2021 | 309.09 billion DOD, current US$ | -2.3% |
| 2022 | 300.81 billion DOD, current US$ | -2.7% |
| 2023 | 317.53 billion DOD, current US$ | +5.6% |
| 2024 | 329.63 billion DOD, current US$ | +3.8% |
Turkey compared with similar countries
- Turkey's 329.63 billion DOD, current US$ is above the median for upper middle income countries, which is 12.82 billion DOD, current US$, 25.7× the median. (52 countries reporting)
- Turkey's 329.63 billion DOD, current US$ is above the median for Europe & Central Asia, which is 11.85 billion DOD, current US$, 27.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, long-term in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +65.6% | 7.05 billion DOD, current US$ | 11.67 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.40 billion DOD, current US$ | 1.89 billion DOD, current US$ | 11.67 billion DOD, current US$ | 10 |
| 1980s | 22.93 billion DOD, current US$ | 15.58 billion DOD, current US$ | 35.78 billion DOD, current US$ | 10 |
| 1990s | 56.90 billion DOD, current US$ | 39.92 billion DOD, current US$ | 77.27 billion DOD, current US$ | 10 |
| 2000s | 139.70 billion DOD, current US$ | 82.34 billion DOD, current US$ | 229.38 billion DOD, current US$ | 10 |
| 2010s | 278.76 billion DOD, current US$ | 216.37 billion DOD, current US$ | 336.19 billion DOD, current US$ | 10 |
| 2020s | 314.72 billion DOD, current US$ | 300.81 billion DOD, current US$ | 329.63 billion DOD, current US$ | 5 |
Countries ranked near Turkey
More external debt data for Turkey
- IFC, private nonguaranteed -70.07 million NFL, US$ (2024)
- 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)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA -924,000 NFL, current US$ (2022)
- 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, IBRD 460.57 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.7% (2024)
Frequently asked questions
- What is external debt stocks, long-term in Turkey?
- External debt stocks, long-term in Turkey was 329.63 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, long-term recorded in Turkey?
- The highest recorded value was 336.19 billion DOD, current US$ in 2017.
- What is the lowest external debt stocks, long-term recorded in Turkey?
- The lowest recorded value was 1.89 billion DOD, current US$ in 1970.
- How does Turkey rank for external debt stocks, long-term?
- Turkey ranks 6th out of 122 countries with data for 2024.
- Is external debt stocks, long-term rising or falling in Turkey?
- Over the last ten years it is up 22.2%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, long-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.