PPG, commercial banks in Turkey
Turkey: PPG, commercial banks was 68.64 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
68.64 million NFL, current US$
Change on year
down 97.0%
World rank
20th
of 116 countries
All-time high
2.91 billion NFL, current US$
in 1979
All-time low
-2.09 billion NFL, current US$
in 2003
Years of data
55
1970–2024
PPG, commercial banks in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, ppg, commercial banks in Turkey stood at 68.64 million NFL, current US$.
That represents a change of down 97.0% on the previous year and up 109.8% over ten years.
Over the whole period, ppg, commercial banks in Turkey peaked at 2.91 billion NFL, current US$ in 1979 and was at its lowest, -2.09 billion NFL, current US$, in 2003.
Turkey ranks 20th of 116 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, commercial banks in Turkey, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | -1.07 million NFL, current US$ | — |
| 1971 | 25.80 million NFL, current US$ | -2507.1% |
| 1972 | -3.35 million NFL, current US$ | -113.0% |
| 1973 | -7.25 million NFL, current US$ | +116.0% |
| 1974 | -3.54 million NFL, current US$ | -51.1% |
| 1975 | -2.33 million NFL, current US$ | -34.3% |
| 1976 | 101.59 million NFL, current US$ | -4460.3% |
| 1977 | 377.45 million NFL, current US$ | +271.5% |
| 1978 | 244.49 million NFL, current US$ | -35.2% |
| 1979 | 2.91 billion NFL, current US$ | +1092.0% |
| 1980 | 445.92 million NFL, current US$ | -84.7% |
| 1981 | -19.98 million NFL, current US$ | -104.5% |
| 1982 | 320.90 million NFL, current US$ | -1705.8% |
| 1983 | 61.41 million NFL, current US$ | -80.9% |
| 1984 | 236.44 million NFL, current US$ | +285.0% |
| 1985 | 85.16 million NFL, current US$ | -64.0% |
| 1986 | 713.55 million NFL, current US$ | +737.9% |
| 1987 | 600.81 million NFL, current US$ | -15.8% |
| 1988 | 1.20 billion NFL, current US$ | +99.6% |
| 1989 | 337.62 million NFL, current US$ | -71.9% |
| 1990 | 222.06 million NFL, current US$ | -34.2% |
| 1991 | -731.37 million NFL, current US$ | -429.4% |
| 1992 | -294.29 million NFL, current US$ | -59.8% |
| 1993 | -493.71 million NFL, current US$ | +67.8% |
| 1994 | -546.16 million NFL, current US$ | +10.6% |
| 1995 | -326.44 million NFL, current US$ | -40.2% |
| 1996 | 669.85 million NFL, current US$ | -305.2% |
| 1997 | 417.13 million NFL, current US$ | -37.7% |
| 1998 | 979.04 million NFL, current US$ | +134.7% |
| 1999 | 1.48 billion NFL, current US$ | +51.4% |
| 2000 | 2.65 billion NFL, current US$ | +78.8% |
| 2001 | -581.74 million NFL, current US$ | -121.9% |
| 2002 | 26.99 million NFL, current US$ | -104.6% |
| 2003 | -2.09 billion NFL, current US$ | -7838.7% |
| 2004 | -97.69 million NFL, current US$ | -95.3% |
| 2005 | -486.05 million NFL, current US$ | +397.5% |
| 2006 | -120.73 million NFL, current US$ | -75.2% |
| 2007 | 555.45 million NFL, current US$ | -560.1% |
| 2008 | 286.18 million NFL, current US$ | -48.5% |
| 2009 | -1.17 billion NFL, current US$ | -509.1% |
| 2010 | 634.26 million NFL, current US$ | -154.2% |
| 2011 | 708.46 million NFL, current US$ | +11.7% |
| 2012 | 54.36 million NFL, current US$ | -92.3% |
| 2013 | -424.56 million NFL, current US$ | -881.0% |
| 2014 | -700.49 million NFL, current US$ | +65.0% |
| 2015 | -597.21 million NFL, current US$ | -14.7% |
| 2016 | 2.19 billion NFL, current US$ | -467.2% |
| 2017 | 8.94 million NFL, current US$ | -99.6% |
| 2018 | 1.29 billion NFL, current US$ | +14302.1% |
| 2019 | 425.69 million NFL, current US$ | -66.9% |
| 2020 | 1.98 billion NFL, current US$ | +364.6% |
| 2021 | 1.08 billion NFL, current US$ | -45.3% |
| 2022 | -53.88 million NFL, current US$ | -105.0% |
| 2023 | 2.29 billion NFL, current US$ | -4352.0% |
| 2024 | 68.64 million NFL, current US$ | -97.0% |
Turkey compared with similar countries
- Turkey's 68.64 million NFL, current US$ is above the median for upper middle income countries, which is -4.15 million NFL, current US$. (51 countries reporting)
- Turkey's 68.64 million NFL, current US$ is above the median for Europe & Central Asia, which is -5.58 million NFL, current US$. (20 countries reporting)
Biggest year-on-year movements
Years where PPG, commercial banks in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +14302.1% | 8.94 million NFL, current US$ | 1.29 billion NFL, current US$ |
| 2003 | -7838.7% | 26.99 million NFL, current US$ | -2.09 billion NFL, current US$ |
| 1976 | +4460.3% | -2.33 million NFL, current US$ | 101.59 million NFL, current US$ |
| 2023 | +4352.0% | -53.88 million NFL, current US$ | 2.29 billion NFL, current US$ |
| 1971 | +2507.1% | -1.07 million NFL, current US$ | 25.80 million NFL, current US$ |
| 1982 | +1705.8% | -19.98 million NFL, current US$ | 320.90 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 364.61 million NFL, current US$ | -7.25 million NFL, current US$ | 2.91 billion NFL, current US$ | 10 |
| 1980s | 398.12 million NFL, current US$ | -19.98 million NFL, current US$ | 1.20 billion NFL, current US$ | 10 |
| 1990s | 137.88 million NFL, current US$ | -731.37 million NFL, current US$ | 1.48 billion NFL, current US$ | 10 |
| 2000s | -102.53 million NFL, current US$ | -2.09 billion NFL, current US$ | 2.65 billion NFL, current US$ | 10 |
| 2010s | 358.94 million NFL, current US$ | -700.49 million NFL, current US$ | 2.19 billion NFL, current US$ | 10 |
| 2020s | 1.07 billion NFL, current US$ | -53.88 million NFL, current US$ | 2.29 billion NFL, current US$ | 5 |
Countries ranked near Turkey
- 17 Togo 155.35 million NFL, current US$ compare
- 18 South Africa 112.05 million NFL, current US$ compare
- 19 Maldives 94.80 million NFL, current US$ compare
- 21 Burkina Faso 62.99 million NFL, current US$ compare
- 22 Pakistan 54.89 million NFL, current US$ compare
- 23 Guyana 23.47 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 ppg, commercial banks in Turkey?
- Ppg, commercial banks in Turkey was 68.64 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, commercial banks recorded in Turkey?
- The highest recorded value was 2.91 billion NFL, current US$ in 1979.
- What is the lowest ppg, commercial banks recorded in Turkey?
- The lowest recorded value was -2.09 billion NFL, current US$ in 2003.
- How does Turkey rank for ppg, commercial banks?
- Turkey ranks 20th out of 116 countries with data for 2024.
- Is ppg, commercial banks rising or falling in Turkey?
- Over the last ten years it is up 109.8%. 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 PPG, commercial banks (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. 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.