External debt stocks, short-term in Turkey
Turkey: External debt stocks, short-term was 178.13 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
178.13 billion DOD, current US$
Change on year
up 1.9%
World rank
2nd
of 122 countries
All-time high
178.13 billion DOD, current US$
in 2024
All-time low
784.00 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, short-term in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, short-term in Turkey stood at 178.13 billion DOD, current US$. That is the highest value across all 55 years on record.
That represents a change of up 1.9% on the previous year and up 25.0% over ten years.
Over the whole period, external debt stocks, short-term in Turkey peaked at 178.13 billion DOD, current US$ in 2024 and was at its lowest, 784.00 million DOD, current US$, in 1970.
Turkey ranks 2nd of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in Turkey, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 784.00 million DOD, current US$ | — |
| 1971 | 939.51 million DOD, current US$ | +19.8% |
| 1972 | 1.01 billion DOD, current US$ | +8.0% |
| 1973 | 1.20 billion DOD, current US$ | +18.3% |
| 1974 | 1.32 billion DOD, current US$ | +10.2% |
| 1975 | 1.45 billion DOD, current US$ | +9.2% |
| 1976 | 1.71 billion DOD, current US$ | +18.6% |
| 1977 | 6.09 billion DOD, current US$ | +255.5% |
| 1978 | 7.19 billion DOD, current US$ | +17.9% |
| 1979 | 3.62 billion DOD, current US$ | -49.6% |
| 1980 | 2.50 billion DOD, current US$ | -31.0% |
| 1981 | 2.20 billion DOD, current US$ | -12.0% |
| 1982 | 1.77 billion DOD, current US$ | -19.6% |
| 1983 | 2.29 billion DOD, current US$ | +29.2% |
| 1984 | 3.18 billion DOD, current US$ | +39.2% |
| 1985 | 4.76 billion DOD, current US$ | +49.4% |
| 1986 | 6.35 billion DOD, current US$ | +33.4% |
| 1987 | 7.62 billion DOD, current US$ | +20.1% |
| 1988 | 6.42 billion DOD, current US$ | -15.8% |
| 1989 | 5.75 billion DOD, current US$ | -10.5% |
| 1990 | 9.50 billion DOD, current US$ | +65.4% |
| 1991 | 9.12 billion DOD, current US$ | -4.0% |
| 1992 | 12.66 billion DOD, current US$ | +38.9% |
| 1993 | 18.53 billion DOD, current US$ | +46.4% |
| 1994 | 11.31 billion DOD, current US$ | -39.0% |
| 1995 | 15.70 billion DOD, current US$ | +38.8% |
| 1996 | 17.34 billion DOD, current US$ | +10.5% |
| 1997 | 17.99 billion DOD, current US$ | +3.7% |
| 1998 | 21.22 billion DOD, current US$ | +17.9% |
| 1999 | 23.47 billion DOD, current US$ | +10.6% |
| 2000 | 28.91 billion DOD, current US$ | +23.2% |
| 2001 | 16.34 billion DOD, current US$ | -43.5% |
| 2002 | 18.68 billion DOD, current US$ | +14.3% |
| 2003 | 27.29 billion DOD, current US$ | +46.1% |
| 2004 | 36.70 billion DOD, current US$ | +34.5% |
| 2005 | 43.56 billion DOD, current US$ | +18.7% |
| 2006 | 49.35 billion DOD, current US$ | +13.3% |
| 2007 | 51.79 billion DOD, current US$ | +5.0% |
| 2008 | 56.37 billion DOD, current US$ | +8.8% |
| 2009 | 56.13 billion DOD, current US$ | -0.4% |
| 2010 | 93.00 billion DOD, current US$ | +65.7% |
| 2011 | 96.94 billion DOD, current US$ | +4.2% |
| 2012 | 114.64 billion DOD, current US$ | +18.3% |
| 2013 | 141.90 billion DOD, current US$ | +23.8% |
| 2014 | 142.50 billion DOD, current US$ | +0.4% |
| 2015 | 104.32 billion DOD, current US$ | -26.8% |
| 2016 | 89.94 billion DOD, current US$ | -13.8% |
| 2017 | 109.22 billion DOD, current US$ | +21.4% |
| 2018 | 92.04 billion DOD, current US$ | -15.7% |
| 2019 | 95.44 billion DOD, current US$ | +3.7% |
| 2020 | 111.22 billion DOD, current US$ | +16.5% |
| 2021 | 118.03 billion DOD, current US$ | +6.1% |
| 2022 | 147.79 billion DOD, current US$ | +25.2% |
| 2023 | 174.86 billion DOD, current US$ | +18.3% |
| 2024 | 178.13 billion DOD, current US$ | +1.9% |
Turkey compared with similar countries
- Turkey's 178.13 billion DOD, current US$ is above the median for upper middle income countries, which is 2.37 billion DOD, current US$, 75.0× the median. (52 countries reporting)
- Turkey's 178.13 billion DOD, current US$ is above the median for Europe & Central Asia, which is 3.13 billion DOD, current US$, 57.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +255.5% | 1.71 billion DOD, current US$ | 6.09 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.53 billion DOD, current US$ | 784.00 million DOD, current US$ | 7.19 billion DOD, current US$ | 10 |
| 1980s | 4.28 billion DOD, current US$ | 1.77 billion DOD, current US$ | 7.62 billion DOD, current US$ | 10 |
| 1990s | 15.68 billion DOD, current US$ | 9.12 billion DOD, current US$ | 23.47 billion DOD, current US$ | 10 |
| 2000s | 38.51 billion DOD, current US$ | 16.34 billion DOD, current US$ | 56.37 billion DOD, current US$ | 10 |
| 2010s | 108.00 billion DOD, current US$ | 89.94 billion DOD, current US$ | 142.50 billion DOD, current US$ | 10 |
| 2020s | 146.01 billion DOD, current US$ | 111.22 billion DOD, current US$ | 178.13 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, short-term in Turkey?
- External debt stocks, short-term in Turkey was 178.13 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Turkey?
- The highest recorded value was 178.13 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, short-term recorded in Turkey?
- The lowest recorded value was 784.00 million DOD, current US$ in 1970.
- How does Turkey rank for external debt stocks, short-term?
- Turkey ranks 2nd out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Turkey?
- Over the last ten years it is up 25.0%. 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, short-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
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.