Multilateral debt service (TDS, current US$) in Turkey
Turkey: Multilateral debt service (TDS, current US$) was 3.96 billion TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for multilateral debt service in Turkey is 3.96 billion TDS, current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 22.6% on the previous year and up 89.5% over ten years.
Over the whole period, multilateral debt service in Turkey peaked at 3.96 billion TDS, current US$ in 2024 and was at its lowest, 29.04 million TDS, current US$, in 1973.
That places Turkey 8th out of 123 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service (TDS, current US$) in Turkey, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 55.66 million TDS, current US$ | — |
| 1971 | 61.42 million TDS, current US$ | +10.3% |
| 1972 | 73.25 million TDS, current US$ | +19.3% |
| 1973 | 29.04 million TDS, current US$ | -60.4% |
| 1974 | 36.03 million TDS, current US$ | +24.1% |
| 1975 | 51.36 million TDS, current US$ | +42.6% |
| 1976 | 65.51 million TDS, current US$ | +27.6% |
| 1977 | 90.61 million TDS, current US$ | +38.3% |
| 1978 | 120.25 million TDS, current US$ | +32.7% |
| 1979 | 156.03 million TDS, current US$ | +29.8% |
| 1980 | 193.19 million TDS, current US$ | +23.8% |
| 1981 | 225.50 million TDS, current US$ | +16.7% |
| 1982 | 289.90 million TDS, current US$ | +28.6% |
| 1983 | 379.22 million TDS, current US$ | +30.8% |
| 1984 | 415.76 million TDS, current US$ | +9.6% |
| 1985 | 516.82 million TDS, current US$ | +24.3% |
| 1986 | 749.68 million TDS, current US$ | +45.1% |
| 1987 | 983.56 million TDS, current US$ | +31.2% |
| 1988 | 1.26 billion TDS, current US$ | +27.9% |
| 1989 | 1.30 billion TDS, current US$ | +3.4% |
| 1990 | 1.51 billion TDS, current US$ | +16.3% |
| 1991 | 1.54 billion TDS, current US$ | +1.6% |
| 1992 | 1.76 billion TDS, current US$ | +14.5% |
| 1993 | 1.83 billion TDS, current US$ | +4.0% |
| 1994 | 1.85 billion TDS, current US$ | +1.0% |
| 1995 | 1.88 billion TDS, current US$ | +2.0% |
| 1996 | 1.82 billion TDS, current US$ | -3.4% |
| 1997 | 1.59 billion TDS, current US$ | -12.6% |
| 1998 | 1.50 billion TDS, current US$ | -5.9% |
| 1999 | 1.36 billion TDS, current US$ | -9.4% |
| 2000 | 1.42 billion TDS, current US$ | +4.5% |
| 2001 | 1.71 billion TDS, current US$ | +20.9% |
| 2002 | 1.01 billion TDS, current US$ | -41.0% |
| 2003 | 999.44 million TDS, current US$ | -1.0% |
| 2004 | 991.05 million TDS, current US$ | -0.8% |
| 2005 | 1.31 billion TDS, current US$ | +32.3% |
| 2006 | 1.41 billion TDS, current US$ | +7.5% |
| 2007 | 1.42 billion TDS, current US$ | +0.4% |
| 2008 | 1.51 billion TDS, current US$ | +6.5% |
| 2009 | 1.53 billion TDS, current US$ | +1.3% |
| 2010 | 1.50 billion TDS, current US$ | -1.5% |
| 2011 | 1.65 billion TDS, current US$ | +9.9% |
| 2012 | 1.75 billion TDS, current US$ | +6.0% |
| 2013 | 1.79 billion TDS, current US$ | +1.9% |
| 2014 | 2.09 billion TDS, current US$ | +17.0% |
| 2015 | 1.82 billion TDS, current US$ | -12.7% |
| 2016 | 2.36 billion TDS, current US$ | +29.3% |
| 2017 | 3.16 billion TDS, current US$ | +34.0% |
| 2018 | 2.42 billion TDS, current US$ | -23.3% |
| 2019 | 2.89 billion TDS, current US$ | +19.3% |
| 2020 | 2.91 billion TDS, current US$ | +0.6% |
| 2021 | 3.10 billion TDS, current US$ | +6.6% |
| 2022 | 2.93 billion TDS, current US$ | -5.5% |
| 2023 | 3.23 billion TDS, current US$ | +10.2% |
| 2024 | 3.96 billion TDS, current US$ | +22.6% |
Turkey compared with similar countries
- Turkey's 3.96 billion TDS, current US$ is above the median for upper middle income countries, which is 460.68 million TDS, current US$, 8.6× the median. (52 countries reporting)
- Turkey's 3.96 billion TDS, current US$ is above the median for Europe & Central Asia, which is 334.31 million TDS, current US$, 11.8× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.92 million TDS, current US$ | 29.04 million TDS, current US$ | 156.03 million TDS, current US$ | 10 |
| 1980s | 631.38 million TDS, current US$ | 193.19 million TDS, current US$ | 1.30 billion TDS, current US$ | 10 |
| 1990s | 1.66 billion TDS, current US$ | 1.36 billion TDS, current US$ | 1.88 billion TDS, current US$ | 10 |
| 2000s | 1.33 billion TDS, current US$ | 991.05 million TDS, current US$ | 1.71 billion TDS, current US$ | 10 |
| 2010s | 2.15 billion TDS, current US$ | 1.50 billion TDS, current US$ | 3.16 billion TDS, current US$ | 10 |
| 2020s | 3.23 billion TDS, current US$ | 2.91 billion TDS, current US$ | 3.96 billion TDS, 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 multilateral debt service in Turkey?
- Multilateral debt service in Turkey was 3.96 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Turkey?
- The highest recorded value was 3.96 billion TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in Turkey?
- The lowest recorded value was 29.04 million TDS, current US$ in 1973.
- How does Turkey rank for multilateral debt service?
- Turkey ranks 8th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Turkey?
- Over the last ten years it is up 89.5%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.