External Debt in Turkey decreased to 421826 USD Million in the second quarter of 2020 from 431034 USD Million in the first quarter of 2020. source: Undersecretariat of Treasury, Turkey

External Debt in Turkey averaged 213491.65 USD Million from 1989 until 2020, reaching an all time high of 467545 USD Million in the first quarter of 2018 and a record low of 43911 USD Million in the fourth quarter of 1989. This page provides - Turkey External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Total Gross External Debt - values, historical data and charts - was last updated on November of 2020.

External Debt in Turkey is expected to be 465000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Turkey to stand at 487000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 495000.00 USD Million in 2021 and 520000.00 USD Million in 2022, according to our econometric models.

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Turkey Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
421826.00 431034.00 467545.00 43911.00 1989 - 2020 USD Million Quarterly
Current Prices, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4827.67 -6292.01 24.51 -10453.06 USD Million [+]
Current Account -2364.00 -4316.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 20836.92 18743.21 23245.30 15.00 USD Million [+]
Exports 16009.24 12451.20 16410.78 7.10 USD Million [+]
External Debt 421826.00 431034.00 467545.00 43911.00 USD Million [+]
Terms of Trade 106.01 108.25 147.63 93.96 points [+]
Capital Flows -2433.00 -7398.00 7145.00 -9574.00 USD Million [+]
Foreign Direct Investment 361.00 232.00 6571.00 46.00 USD Million [+]
Remittances 20.00 21.00 574.00 8.00 USD Million [+]
Tourism Revenues 4044.00 4101.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 1742303.00 2203482.00 6617380.00 24238.00 Persons [+]
Gold Reserves 583.00 485.20 583.00 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 61.00 60.00 72.00 38.00 BBL/D/1K [+]


Turkey Total Gross External Debt
In Turkey, external debt is a part of the total debt that is owed to creditors outside the country..