Turkey recorded a Government Debt to GDP of 29.50 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Turkey averaged 41.08 percent of GDP from 2000 until 2023, reaching an all time high of 75.50 percent of GDP in 2001 and a record low of 27.20 percent of GDP in 2015. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey is expected to reach 25.50 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Government Debt to GDP is projected to trend around 25.90 percent of GDP in 2025 and 26.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Fiscal Expenditure 955.48 932.07 TRY Billion Oct 2024
Government Budget -5.20 -1.00 percent of GDP Dec 2023
Budget Balance -16.65 -186.27 TRY Billion Nov 2024
Central Government Debt 9004600.00 8796000.00 TRY Million Nov 2024
Government Debt to GDP 29.50 30.80 percent of GDP Dec 2023
Government Revenues 769.21 831.60 TRY Billion Oct 2024
Treasury Cash Balance -323900.00 -62220.00 TRY Million Dec 2024

Turkey Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
29.50 30.80 75.50 27.20 2000 - 2023 percent of GDP Yearly