PPG, private creditors in Turkey
Turkey: PPG, private creditors was 8.08 billion NFL, US$ in 2024. ◆ Volatile
PPG, private creditors in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
In 2024, ppg, private creditors in Turkey stood at 8.08 billion NFL, US$.
That represents a change of down 5.4% on the previous year and up 64.7% over ten years.
Over the whole period, ppg, private creditors in Turkey peaked at 8.54 billion NFL, US$ in 2023 and was at its lowest, -1.17 billion NFL, US$, in 2001.
Turkey ranks 4th of 120 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors in Turkey, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1970 | -12.81 million NFL, US$ | — |
| 1971 | 46.98 million NFL, US$ | -466.6% |
| 1972 | 16.09 million NFL, US$ | -65.8% |
| 1973 | 11.76 million NFL, US$ | -26.9% |
| 1974 | 23.38 million NFL, US$ | +98.9% |
| 1975 | -26.38 million NFL, US$ | -212.8% |
| 1976 | 157.17 million NFL, US$ | -695.8% |
| 1977 | 418.26 million NFL, US$ | +166.1% |
| 1978 | 324.26 million NFL, US$ | -22.5% |
| 1979 | 2.99 billion NFL, US$ | +823.5% |
| 1980 | 595.79 million NFL, US$ | -80.1% |
| 1981 | -24.18 million NFL, US$ | -104.1% |
| 1982 | 132.62 million NFL, US$ | -648.5% |
| 1983 | 133.73 million NFL, US$ | +0.8% |
| 1984 | 250.72 million NFL, US$ | +87.5% |
| 1985 | 92.60 million NFL, US$ | -63.1% |
| 1986 | 1.10 billion NFL, US$ | +1083.9% |
| 1987 | 1.13 billion NFL, US$ | +3.0% |
| 1988 | 2.97 billion NFL, US$ | +163.1% |
| 1989 | 1.47 billion NFL, US$ | -50.6% |
| 1990 | 803.61 million NFL, US$ | -45.3% |
| 1991 | 576.76 million NFL, US$ | -28.2% |
| 1992 | 2.10 billion NFL, US$ | +264.3% |
| 1993 | 3.53 billion NFL, US$ | +67.9% |
| 1994 | 106.51 million NFL, US$ | -97.0% |
| 1995 | 56.99 million NFL, US$ | -46.5% |
| 1996 | 2.12 billion NFL, US$ | +3611.5% |
| 1997 | 2.63 billion NFL, US$ | +24.3% |
| 1998 | -121.70 million NFL, US$ | -104.6% |
| 1999 | 4.42 billion NFL, US$ | -3732.2% |
| 2000 | 7.50 billion NFL, US$ | +69.7% |
| 2001 | -1.17 billion NFL, US$ | -115.5% |
| 2002 | 614.97 million NFL, US$ | -152.7% |
| 2003 | 728.61 million NFL, US$ | +18.5% |
| 2004 | 1.30 billion NFL, US$ | +79.1% |
| 2005 | 394.15 million NFL, US$ | -69.8% |
| 2006 | 2.78 billion NFL, US$ | +604.7% |
| 2007 | 5.35 billion NFL, US$ | +92.5% |
| 2008 | 676.80 million NFL, US$ | -87.3% |
| 2009 | 342.11 million NFL, US$ | -49.5% |
| 2010 | 4.73 billion NFL, US$ | +1284.0% |
| 2011 | 2.15 billion NFL, US$ | -54.5% |
| 2012 | 5.55 billion NFL, US$ | +157.6% |
| 2013 | 5.51 billion NFL, US$ | -0.7% |
| 2014 | 4.91 billion NFL, US$ | -10.9% |
| 2015 | 1.63 billion NFL, US$ | -66.8% |
| 2016 | 5.12 billion NFL, US$ | +214.0% |
| 2017 | 5.53 billion NFL, US$ | +7.9% |
| 2018 | 5.43 billion NFL, US$ | -1.8% |
| 2019 | 6.04 billion NFL, US$ | +11.1% |
| 2020 | 7.14 billion NFL, US$ | +18.3% |
| 2021 | 3.86 billion NFL, US$ | -45.9% |
| 2022 | 3.30 billion NFL, US$ | -14.5% |
| 2023 | 8.54 billion NFL, US$ | +158.6% |
| 2024 | 8.08 billion NFL, US$ | -5.4% |
Turkey compared with similar countries
- Turkey's 8.08 billion NFL, US$ is above the median for upper middle income countries, which is -4.16 million NFL, US$. (52 countries reporting)
- Turkey's 8.08 billion NFL, US$ is above the median for Europe & Central Asia, which is -4.46 million NFL, US$. (20 countries reporting)
Biggest year-on-year movements
Years where PPG, private creditors in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +3732.2% | -121.70 million NFL, US$ | 4.42 billion NFL, US$ |
| 1996 | +3611.5% | 56.99 million NFL, US$ | 2.12 billion NFL, US$ |
| 2010 | +1284.0% | 342.11 million NFL, US$ | 4.73 billion NFL, US$ |
| 1986 | +1083.9% | 92.60 million NFL, US$ | 1.10 billion NFL, US$ |
| 1979 | +823.5% | 324.26 million NFL, US$ | 2.99 billion NFL, US$ |
| 1976 | +695.8% | -26.38 million NFL, US$ | 157.17 million NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 395.32 million NFL, US$ | -26.38 million NFL, US$ | 2.99 billion NFL, US$ | 10 |
| 1980s | 784.50 million NFL, US$ | -24.18 million NFL, US$ | 2.97 billion NFL, US$ | 10 |
| 1990s | 1.62 billion NFL, US$ | -121.70 million NFL, US$ | 4.42 billion NFL, US$ | 10 |
| 2000s | 1.85 billion NFL, US$ | -1.17 billion NFL, US$ | 7.50 billion NFL, US$ | 10 |
| 2010s | 4.66 billion NFL, US$ | 1.63 billion NFL, US$ | 6.04 billion NFL, US$ | 10 |
| 2020s | 6.19 billion NFL, US$ | 3.30 billion NFL, US$ | 8.54 billion NFL, US$ | 5 |
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 ppg, private creditors in Turkey?
- Ppg, private creditors in Turkey was 8.08 billion NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, private creditors recorded in Turkey?
- The highest recorded value was 8.54 billion NFL, US$ in 2023.
- What is the lowest ppg, private creditors recorded in Turkey?
- The lowest recorded value was -1.17 billion NFL, US$ in 2001.
- How does Turkey rank for ppg, private creditors?
- Turkey ranks 4th out of 120 countries with data for 2024.
- Is ppg, private creditors rising or falling in Turkey?
- Over the last ten years it is up 64.7%. 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, private creditors (NFL, 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 debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.