Net debt, General government, Percent of GDP in Turkey
Turkey: Net debt, General government, Percent of GDP was 24.17 in 2030. ▼ Falling
Net debt, General government, Percent of GDP in Turkey, 1996–2030
Source: International Monetary Fund.
Analysis
In 2030, net debt, general government, percent of gdp in Turkey stood at 24.17.
The figure is up 1.2% on the previous year and down 19.9% over ten years.
Over the whole period, net debt, general government, percent of gdp in Turkey peaked at 72 in 2001 and was at its lowest, 18.41, in 2024.
Turkey ranks 74th of 90 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Net debt, General government, Percent of GDP in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 45.89 | — |
| 1997 | 43.19 | -5.9% |
| 1998 | 43.67 | +1.1% |
| 1999 | 60.83 | +39.3% |
| 2000 | 46.49 | -23.6% |
| 2001 | 72 | +54.9% |
| 2002 | 65.26 | -9.4% |
| 2003 | 57.55 | -11.8% |
| 2004 | 50.92 | -11.5% |
| 2005 | 43.23 | -15.1% |
| 2006 | 36.93 | -14.6% |
| 2007 | 31.42 | -14.9% |
| 2008 | 31.86 | +1.4% |
| 2009 | 36.91 | +15.8% |
| 2010 | 34.42 | -6.7% |
| 2011 | 30.68 | -10.9% |
| 2012 | 27.12 | -11.6% |
| 2013 | 25.64 | -5.5% |
| 2014 | 23.62 | -7.9% |
| 2015 | 22.81 | -3.4% |
| 2016 | 23.24 | +1.9% |
| 2017 | 21.98 | -5.5% |
| 2018 | 23.81 | +8.3% |
| 2019 | 25.92 | +8.9% |
| 2020 | 30.17 | +16.4% |
| 2021 | 32.97 | +9.3% |
| 2022 | 22.7 | -31.2% |
| 2023 | 21.33 | -6.0% |
| 2024 | 18.41 | -13.7% |
| 2025 | 19.98 | +8.5% |
| 2026 | 21.41 | +7.2% |
| 2027 | 22.78 | +6.4% |
| 2028 | 23.3 | +2.3% |
| 2029 | 23.89 | +2.5% |
| 2030 | 24.17 | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 48.39 | 43.19 | 60.83 | 4 |
| 2000s | 47.26 | 31.42 | 72 | 10 |
| 2010s | 25.92 | 21.98 | 34.42 | 10 |
| 2020s | 23.69 | 18.41 | 32.97 | 10 |
| 2030s | 24.17 | 24.17 | 24.17 | 1 |
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 net debt, general government, percent of gdp in Turkey?
- Net debt, general government, percent of gdp in Turkey was 24.17 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Turkey?
- The highest recorded value was 72 in 2001.
- What is the lowest net debt, general government, percent of gdp recorded in Turkey?
- The lowest recorded value was 18.41 in 2024.
- How does Turkey rank for net debt, general government, percent of gdp?
- Turkey ranks 74th out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Turkey?
- Over the last ten years it is down 19.9%. 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 Net debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October