Net financial flows, bilateral in Turkey
Turkey: Net financial flows, bilateral was 3.44 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
3.44 billion NFL, current US$
Change on year
up 1,413.4%
World rank
2nd
of 123 countries
All-time high
3.44 billion NFL, current US$
in 2024
All-time low
-770.86 million NFL, current US$
in 2020
Years of data
55
1970–2024
Net financial flows, bilateral in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, bilateral in Turkey stood at 3.44 billion NFL, current US$. That is the highest value across all 55 years on record.
That represents a change of up 1,413.4% on the previous year and up 736.0% over ten years.
Over the whole period, net financial flows, bilateral in Turkey peaked at 3.44 billion NFL, current US$ in 2024 and was at its lowest, -770.86 million NFL, current US$, in 2020.
Turkey ranks 2nd of 123 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral in Turkey, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 160.40 million NFL, current US$ | — |
| 1971 | 189.94 million NFL, current US$ | +18.4% |
| 1972 | 185.71 million NFL, current US$ | -2.2% |
| 1973 | 194.62 million NFL, current US$ | +4.8% |
| 1974 | 49.52 million NFL, current US$ | -74.6% |
| 1975 | 12.00 million NFL, current US$ | -75.8% |
| 1976 | 25.71 million NFL, current US$ | +114.3% |
| 1977 | 59.69 million NFL, current US$ | +132.2% |
| 1978 | 464.61 million NFL, current US$ | +678.4% |
| 1979 | 635.61 million NFL, current US$ | +36.8% |
| 1980 | 828.31 million NFL, current US$ | +30.3% |
| 1981 | 585.05 million NFL, current US$ | -29.4% |
| 1982 | 157.86 million NFL, current US$ | -73.0% |
| 1983 | -155.74 million NFL, current US$ | -198.7% |
| 1984 | 380.10 million NFL, current US$ | -344.1% |
| 1985 | -148.87 million NFL, current US$ | -139.2% |
| 1986 | 31.37 million NFL, current US$ | -121.1% |
| 1987 | -175.33 million NFL, current US$ | -659.0% |
| 1988 | -75.66 million NFL, current US$ | -56.8% |
| 1989 | -616.77 million NFL, current US$ | +715.1% |
| 1990 | -38.67 million NFL, current US$ | -93.7% |
| 1991 | 67.15 million NFL, current US$ | -273.6% |
| 1992 | -346.09 million NFL, current US$ | -615.4% |
| 1993 | -348.98 million NFL, current US$ | +0.8% |
| 1994 | 100.98 million NFL, current US$ | -128.9% |
| 1995 | -420.32 million NFL, current US$ | -516.2% |
| 1996 | -218.88 million NFL, current US$ | -47.9% |
| 1997 | 382.11 million NFL, current US$ | -274.6% |
| 1998 | -189.61 million NFL, current US$ | -149.6% |
| 1999 | -287.34 million NFL, current US$ | +51.5% |
| 2000 | -140.41 million NFL, current US$ | -51.1% |
| 2001 | -263.74 million NFL, current US$ | +87.8% |
| 2002 | -113.15 million NFL, current US$ | -57.1% |
| 2003 | -226.81 million NFL, current US$ | +100.4% |
| 2004 | -454.23 million NFL, current US$ | +100.3% |
| 2005 | -583.33 million NFL, current US$ | +28.4% |
| 2006 | -288.20 million NFL, current US$ | -50.6% |
| 2007 | -261.03 million NFL, current US$ | -9.4% |
| 2008 | 491.36 million NFL, current US$ | -288.2% |
| 2009 | 335.58 million NFL, current US$ | -31.7% |
| 2010 | 198.98 million NFL, current US$ | -40.7% |
| 2011 | 48.93 million NFL, current US$ | -75.4% |
| 2012 | -205.31 million NFL, current US$ | -519.6% |
| 2013 | 109.52 million NFL, current US$ | -153.3% |
| 2014 | 411.27 million NFL, current US$ | +275.5% |
| 2015 | -90.72 million NFL, current US$ | -122.1% |
| 2016 | -314.21 million NFL, current US$ | +246.4% |
| 2017 | 463.74 million NFL, current US$ | -247.6% |
| 2018 | 225.93 million NFL, current US$ | -51.3% |
| 2019 | 1.23 billion NFL, current US$ | +445.7% |
| 2020 | -770.86 million NFL, current US$ | -162.5% |
| 2021 | 200.06 million NFL, current US$ | -126.0% |
| 2022 | 545.70 million NFL, current US$ | +172.8% |
| 2023 | -261.77 million NFL, current US$ | -148.0% |
| 2024 | 3.44 billion NFL, current US$ | -1413.4% |
Turkey compared with similar countries
- Turkey's 3.44 billion NFL, current US$ is above the median for upper middle income countries, which is -11.36 million NFL, current US$. (52 countries reporting)
- Turkey's 3.44 billion NFL, current US$ is above the median for Europe & Central Asia, which is -4.76 million NFL, current US$. (20 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +1413.4% | -261.77 million NFL, current US$ | 3.44 billion NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 197.78 million NFL, current US$ | 12.00 million NFL, current US$ | 635.61 million NFL, current US$ | 10 |
| 1980s | 81.03 million NFL, current US$ | -616.77 million NFL, current US$ | 828.31 million NFL, current US$ | 10 |
| 1990s | -129.97 million NFL, current US$ | -420.32 million NFL, current US$ | 382.11 million NFL, current US$ | 10 |
| 2000s | -150.40 million NFL, current US$ | -583.33 million NFL, current US$ | 491.36 million NFL, current US$ | 10 |
| 2010s | 208.10 million NFL, current US$ | -314.21 million NFL, current US$ | 1.23 billion NFL, current US$ | 10 |
| 2020s | 630.25 million NFL, current US$ | -770.86 million NFL, current US$ | 3.44 billion NFL, current US$ | 5 |
Countries ranked near Turkey
- 1 India 3.45 billion NFL, current US$ compare
- 3 Bangladesh 3.18 billion NFL, current US$ compare
- 4 Ukraine 1.86 billion NFL, current US$ compare
- 5 Uzbekistan 859.50 million NFL, current US$ compare
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 financial flows, bilateral in Turkey?
- Net financial flows, bilateral in Turkey was 3.44 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Turkey?
- The highest recorded value was 3.44 billion NFL, current US$ in 2024.
- What is the lowest net financial flows, bilateral recorded in Turkey?
- The lowest recorded value was -770.86 million NFL, current US$ in 2020.
- How does Turkey rank for net financial flows, bilateral?
- Turkey ranks 2nd out of 123 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Turkey?
- Over the last ten years it is up 736.0%. 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 Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.