Multilateral debt service in Türkiye
Türkiye: Multilateral debt service was 13.4% in 2024. ▼ Falling
Multilateral debt service in Türkiye, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Türkiye recorded 13.4% for multilateral debt service in 2024.
Compared with earlier readings it is up 0.4% on the previous year and down 24.9% over ten years.
Over the whole period, multilateral debt service in Türkiye peaked at 38.5% in 1970 and was at its lowest, 8.0%, in 2003.
That places Türkiye 112th out of 123 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Multilateral debt service in Türkiye, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 38.5% | — |
| 1971 | 38.0% | -1.2% |
| 1972 | 33.3% | -12.4% |
| 1973 | 14.1% | -57.7% |
| 1974 | 15.0% | +6.5% |
| 1975 | 19.6% | +30.6% |
| 1976 | 21.0% | +7.2% |
| 1977 | 24.8% | +18.3% |
| 1978 | 25.7% | +3.3% |
| 1979 | 21.8% | -15.2% |
| 1980 | 18.3% | -15.7% |
| 1981 | 13.0% | -28.9% |
| 1982 | 12.6% | -3.0% |
| 1983 | 16.4% | +29.8% |
| 1984 | 18.4% | +11.9% |
| 1985 | 14.5% | -20.8% |
| 1986 | 22.1% | +51.7% |
| 1987 | 21.2% | -3.8% |
| 1988 | 20.4% | -3.8% |
| 1989 | 21.3% | +4.4% |
| 1990 | 23.3% | +9.1% |
| 1991 | 21.9% | -5.7% |
| 1992 | 23.6% | +7.5% |
| 1993 | 26.5% | +12.3% |
| 1994 | 24.1% | -8.8% |
| 1995 | 20.7% | -14.3% |
| 1996 | 21.7% | +5.1% |
| 1997 | 18.3% | -15.9% |
| 1998 | 14.2% | -22.3% |
| 1999 | 15.9% | +12.2% |
| 2000 | 14.6% | -8.6% |
| 2001 | 14.9% | +2.2% |
| 2002 | 10.0% | -32.6% |
| 2003 | 8.0% | -20.0% |
| 2004 | 8.2% | +1.7% |
| 2005 | 10.4% | +27.7% |
| 2006 | 13.1% | +26.1% |
| 2007 | 11.9% | -9.2% |
| 2008 | 11.5% | -3.3% |
| 2009 | 13.4% | +15.9% |
| 2010 | 14.0% | +5.0% |
| 2011 | 14.6% | +4.4% |
| 2012 | 16.7% | +14.2% |
| 2013 | 18.6% | +11.0% |
| 2014 | 17.8% | -4.2% |
| 2015 | 16.7% | -6.2% |
| 2016 | 18.2% | +9.3% |
| 2017 | 18.8% | +3.2% |
| 2018 | 15.3% | -18.6% |
| 2019 | 15.6% | +1.7% |
| 2020 | 15.9% | +1.9% |
| 2021 | 13.3% | -16.4% |
| 2022 | 13.7% | +3.3% |
| 2023 | 13.3% | -2.9% |
| 2024 | 13.4% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.2% | 14.1% | 38.5% | 10 |
| 1980s | 17.8% | 12.6% | 22.1% | 10 |
| 1990s | 21.0% | 14.2% | 26.5% | 10 |
| 2000s | 11.6% | 8.0% | 14.9% | 10 |
| 2010s | 16.6% | 14.0% | 18.8% | 10 |
| 2020s | 13.9% | 13.3% | 15.9% | 5 |
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 multilateral debt service in Türkiye?
- Multilateral debt service in Türkiye was 13.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Türkiye?
- The highest recorded value was 38.5% in 1970.
- What is the lowest multilateral debt service recorded in Türkiye?
- The lowest recorded value was 8.0% in 2003.
- How does Türkiye rank for multilateral debt service?
- Türkiye ranks 112th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Türkiye?
- Over the last ten years it is down 24.9%. The long-run trend across the full record is falling.
- Where does this Türkiye data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.