Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) in Turkey
Turkey: Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) was -229.51 billion in 2025. ◆ Volatile
Net (assets less liabilities), Net foreign assets (OFCS) in Turkey, 2008–2025
Source: International Monetary Fund.
Analysis
In 2025, net (assets less liabilities), net foreign assets (ofcs) in Turkey stood at -229.51 billion. That is the lowest value across all 18 years on record.
Compared with earlier readings it is down 148.2% on the previous year and down 568.5% over ten years.
Over the whole period, net (assets less liabilities), net foreign assets (ofcs) in Turkey peaked at -7.75 billion in 2010 and was at its lowest, -229.51 billion, in 2025.
That places Turkey 64th out of 66 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | -15.68 billion | — |
| 2009 | -10.94 billion | -30.2% |
| 2010 | -7.75 billion | -29.2% |
| 2011 | -15.37 billion | +98.3% |
| 2012 | -18.86 billion | +22.7% |
| 2013 | -26.46 billion | +40.3% |
| 2014 | -27.98 billion | +5.7% |
| 2015 | -34.33 billion | +22.7% |
| 2016 | -36.46 billion | +6.2% |
| 2017 | -48.24 billion | +32.3% |
| 2018 | -49.57 billion | +2.8% |
| 2019 | -30.49 billion | -38.5% |
| 2020 | -30.82 billion | +1.1% |
| 2021 | -40.33 billion | +30.9% |
| 2022 | -43.16 billion | +7.0% |
| 2023 | -78.18 billion | +81.1% |
| 2024 | -92.46 billion | +18.3% |
| 2025 | -229.51 billion | +148.2% |
Turkey compared with similar countries
- Turkey's -229.51 billion is below the median for upper middle income countries, which is 1.24 billion. (27 countries reporting)
- Turkey's -229.51 billion is below the median for Europe & Central Asia, which is -241.67 million, 949.7× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.31 billion | -15.68 billion | -10.94 billion | 2 |
| 2010s | -29.55 billion | -49.57 billion | -7.75 billion | 10 |
| 2020s | -85.74 billion | -229.51 billion | -30.82 billion | 6 |
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 net (assets less liabilities), net foreign assets (ofcs) in Turkey?
- Net (assets less liabilities), net foreign assets (ofcs) in Turkey was -229.51 billion in 2025, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net foreign assets (ofcs) recorded in Turkey?
- The highest recorded value was -7.75 billion in 2010.
- What is the lowest net (assets less liabilities), net foreign assets (ofcs) recorded in Turkey?
- The lowest recorded value was -229.51 billion in 2025.
- How does Turkey rank for net (assets less liabilities), net foreign assets (ofcs)?
- Turkey ranks 64th out of 66 countries with data for 2025.
- Is net (assets less liabilities), net foreign assets (ofcs) rising or falling in Turkey?
- Over the last ten years it is down 568.5%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Net (assets less liabilities), Net foreign assets (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.