Gross debt, Percent of own revenue (Central government) in Turkey
Turkey: Gross debt, Percent of own revenue (Central government) was 1.75 in 2020. ▼ Falling
Gross debt, Percent of own revenue in Turkey, 2008–2020
Source: International Monetary Fund.
Analysis
The most recent figure for gross debt, percent of own revenue in Turkey is 1.75, measured in 2020.
The figure is up 17.0% on the previous year and down 6.9% over ten years.
Over the whole period, gross debt, percent of own revenue in Turkey peaked at 2.04 in 2009 and was at its lowest, 1.31, in 2018.
Turkey ranks 16th of 23 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Gross debt, Percent of own revenue (Central government) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 1.77 | — |
| 2009 | 2.04 | +15.1% |
| 2010 | 1.88 | -8.0% |
| 2011 | 1.66 | -11.5% |
| 2012 | 1.63 | -1.9% |
| 2013 | 1.43 | -12.5% |
| 2014 | 1.45 | +1.3% |
| 2015 | 1.32 | -8.5% |
| 2016 | 1.33 | +0.6% |
| 2017 | 1.39 | +4.2% |
| 2018 | 1.31 | -5.5% |
| 2019 | 1.5 | +14.1% |
| 2020 | 1.75 | +17.0% |
Turkey compared with similar countries
- Turkey's 1.75 is below the median for Europe & Central Asia, which is 2.62, 67% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.91 | 1.77 | 2.04 | 2 |
| 2010s | 1.49 | 1.31 | 1.88 | 10 |
| 2020s | 1.75 | 1.75 | 1.75 | 1 |
Countries ranked near Turkey
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, percent of own revenue in Turkey?
- Gross debt, percent of own revenue in Turkey was 1.75 in 2020, according to International Monetary Fund.
- What is the highest gross debt, percent of own revenue recorded in Turkey?
- The highest recorded value was 2.04 in 2009.
- What is the lowest gross debt, percent of own revenue recorded in Turkey?
- The lowest recorded value was 1.31 in 2018.
- How does Turkey rank for gross debt, percent of own revenue?
- Turkey ranks 16th out of 23 countries with data for 2020.
- Is gross debt, percent of own revenue rising or falling in Turkey?
- Over the last ten years it is down 6.9%. 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, Percent of own revenue (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.