Gross debt, General government, Percent of GDP (Gross Percent GDP) in Turkey
Turkey: Gross debt, General government, Percent of GDP (Gross Percent GDP) was 25.85 in 2030. ▼ Falling
Latest (2030)
25.85
Change on year
down 1.9%
World rank
173rd
of 193 countries
All-time high
75.34
in 2001
All-time low
24.04
in 2024
Years of data
30
2001–2030
Gross debt, General government, Percent of GDP in Turkey, 2001–2030
Source: International Monetary Fund.
Analysis
In 2030, gross debt, general government, percent of gdp in Turkey stood at 25.85.
The figure is down 1.9% on the previous year and down 33.3% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Turkey peaked at 75.34 in 2001 and was at its lowest, 24.04, in 2024.
Turkey ranks 173rd of 193 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Gross debt, General government, Percent of GDP (Gross Percent GDP) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 75.34 | — |
| 2002 | 71.35 | -5.3% |
| 2003 | 65 | -8.9% |
| 2004 | 56.98 | -12.3% |
| 2005 | 50 | -12.2% |
| 2006 | 44.02 | -12.0% |
| 2007 | 37.54 | -14.7% |
| 2008 | 37.51 | -0.1% |
| 2009 | 42.91 | +14.4% |
| 2010 | 39.23 | -8.6% |
| 2011 | 35.68 | -9.0% |
| 2012 | 32.05 | -10.2% |
| 2013 | 30.75 | -4.1% |
| 2014 | 28.18 | -8.4% |
| 2015 | 27.13 | -3.7% |
| 2016 | 27.71 | +2.2% |
| 2017 | 27.62 | -0.3% |
| 2018 | 29.5 | +6.8% |
| 2019 | 31.77 | +7.7% |
| 2020 | 38.73 | +21.9% |
| 2021 | 39.42 | +1.8% |
| 2022 | 30.17 | -23.5% |
| 2023 | 28.67 | -5.0% |
| 2024 | 24.04 | -16.2% |
| 2025 | 24.29 | +1.1% |
| 2026 | 25.07 | +3.2% |
| 2027 | 25.98 | +3.6% |
| 2028 | 26.09 | +0.4% |
| 2029 | 26.34 | +1.0% |
| 2030 | 25.85 | -1.9% |
Turkey compared with similar countries
- Turkey's 25.85 is below the median for upper middle income countries, which is 56.49, 46% of the median. (56 countries reporting)
- Turkey's 25.85 is below the median for Europe & Central Asia, which is 47.87, 54% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.4 | 37.51 | 75.34 | 9 |
| 2010s | 30.96 | 27.13 | 39.23 | 10 |
| 2020s | 28.88 | 24.04 | 39.42 | 10 |
| 2030s | 25.85 | 25.85 | 25.85 | 1 |
Countries ranked near Turkey
- 170 United Arab Emirates 26.63 compare
- 171 Guyana 26.16 compare
- 172 Tajikistan 26.13 compare
- 174 Azerbaijan 24.94 compare
- 175 Kuwait 24.47 compare
- 176 Guinea 24.08 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 gross debt, general government, percent of gdp in Turkey?
- Gross debt, general government, percent of gdp in Turkey was 25.85 in 2030, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Turkey?
- The highest recorded value was 75.34 in 2001.
- What is the lowest gross debt, general government, percent of gdp recorded in Turkey?
- The lowest recorded value was 24.04 in 2024.
- How does Turkey rank for gross debt, general government, percent of gdp?
- Turkey ranks 173rd out of 193 countries with data for 2030.
- Is gross debt, general government, percent of gdp rising or falling in Turkey?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October