Net incurrence of liabilities, Transactions in Turkey

Turkey: Net incurrence of liabilities, Transactions was 3.44 trillion in 2025. ◆ Volatile

Latest (2025)
3.44 trillion
Change on year
up 33.3%
World rank
3rd
of 33 countries
All-time high
3.44 trillion
in 2025
All-time low
34.93 billion
in 2015
Years of data
11
2015–2025

Net incurrence of liabilities, Transactions in Turkey, 2015–2025

01.0T2.0T3.0T2015202020252015: 34.9B2016: 61.0B2017: 122.7B2018: 137.4B2019: 217.3B2020: 433.9B2021: 301.6B2022: 1.2T2023: 2.0T2024: 2.6T2025: 3.4T

Source: International Monetary Fund.

Analysis

Turkey recorded 3.44 trillion for net incurrence of liabilities, transactions in 2025. That is the highest value across all 11 years on record.

The figure is up 33.3% on the previous year and up 9,737.1% over ten years.

Over the whole period, net incurrence of liabilities, transactions in Turkey peaked at 3.44 trillion in 2025 and was at its lowest, 34.93 billion, in 2015.

Turkey ranks 3rd of 33 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 incurrence of liabilities, Transactions in Turkey, year by year

Annual values for Net incurrence of liabilities, Transactions (Statement of operations, General government) in Turkey, 2015 to 2025.
Year Value Change
2015 34.93 billion
2016 61.02 billion +74.7%
2017 122.69 billion +101.1%
2018 137.38 billion +12.0%
2019 217.32 billion +58.2%
2020 433.89 billion +99.7%
2021 301.62 billion -30.5%
2022 1.22 trillion +303.2%
2023 1.96 trillion +61.5%
2024 2.58 trillion +31.3%
2025 3.44 trillion +33.3%

Averages by decade

DecadeAverage LowestHighest Years
2010s 114.67 billion 34.93 billion 217.32 billion 5
2020s 1.65 trillion 301.62 billion 3.44 trillion 6

Countries ranked near Turkey

  1. 1 Colombia 212,830.00 trillion compare
  2. 2 Hungary 5.39 trillion compare
  3. 4 United States 2.63 trillion compare
  4. 5 Brazil 1.57 trillion compare
  5. 6 Czechia 345.41 billion compare

See the full ranking of 33 places →

More external debt data for Turkey

All data for Turkey →

Frequently asked questions

What is net incurrence of liabilities, transactions in Turkey?
Net incurrence of liabilities, transactions in Turkey was 3.44 trillion in 2025, according to International Monetary Fund.
What is the highest net incurrence of liabilities, transactions recorded in Turkey?
The highest recorded value was 3.44 trillion in 2025.
What is the lowest net incurrence of liabilities, transactions recorded in Turkey?
The lowest recorded value was 34.93 billion in 2015.
How does Turkey rank for net incurrence of liabilities, transactions?
Turkey ranks 3rd out of 33 countries with data for 2025.
Is net incurrence of liabilities, transactions rising or falling in Turkey?
Over the last ten years it is up 9,737.1%. 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 incurrence of liabilities, Transactions (Statement of operations, General government). Statizoid updates them automatically from the source API.

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Net incurrence of liabilities, Transactions in Turkey. Statizoid, drawing on International Monetary Fund. Retrieved 01 September 2026, from https://debt.statizoid.com/stat/net-incurrence-of-liabilities-transactions-statement-of-operations-general-government/turkiye/

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About this data

Indicator
Net incurrence of liabilities, Transactions (Statement of operations, General government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
33 places, 847 data points, 1990–2025
Last refreshed

The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.