Liabilities, Insurance Technical Reserves (OFCS) in Türkiye
Türkiye: Liabilities, Insurance Technical Reserves (OFCS) was 3.20 trillion in 2025. ◆ Volatile
Liabilities, Insurance Technical Reserves (OFCS) in Türkiye, 2008–2025
Source: International Monetary Fund.
Analysis
The most recent figure for liabilities, insurance technical reserves (ofcs) in Türkiye is 3.20 trillion, measured in 2025. That is the highest value across all 18 years on record.
That represents a change of up 67.6% on the previous year and up 10,442.9% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Türkiye peaked at 3.20 trillion in 2025 and was at its lowest, 0, in 2008.
That places Türkiye 15th out of 65 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Liabilities, Insurance Technical Reserves (OFCS) in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 0 | — |
| 2009 | 0 | — |
| 2010 | 13.68 billion | — |
| 2011 | 15.28 billion | +11.7% |
| 2012 | 19.17 billion | +25.5% |
| 2013 | 21.89 billion | +14.2% |
| 2014 | 25.00 billion | +14.2% |
| 2015 | 30.39 billion | +21.6% |
| 2016 | 37.02 billion | +21.8% |
| 2017 | 45.59 billion | +23.1% |
| 2018 | 142.97 billion | +213.6% |
| 2019 | 183.51 billion | +28.4% |
| 2020 | 250.91 billion | +36.7% |
| 2021 | 353.52 billion | +40.9% |
| 2022 | 642.20 billion | +81.7% |
| 2023 | 1.16 trillion | +81.3% |
| 2024 | 1.91 trillion | +64.2% |
| 2025 | 3.20 trillion | +67.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 | 0 | 0 | 2 |
| 2010s | 53.45 billion | 13.68 billion | 183.51 billion | 10 |
| 2020s | 1.25 trillion | 250.91 billion | 3.20 trillion | 6 |
Countries ranked near Türkiye
More external debt data for Türkiye
- 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 liabilities, insurance technical reserves (ofcs) in Türkiye?
- Liabilities, insurance technical reserves (ofcs) in Türkiye was 3.20 trillion in 2025, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Türkiye?
- The highest recorded value was 3.20 trillion in 2025.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Türkiye?
- The lowest recorded value was 0 in 2008.
- How does Türkiye rank for liabilities, insurance technical reserves (ofcs)?
- Türkiye ranks 15th out of 65 countries with data for 2025.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Türkiye?
- Over the last ten years it is up 10,442.9%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.