External Debt in Turkey decreased to 448393 USD Million in the first quarter of 2021 from 450056 USD Million in the fourth quarter of 2020. source: Undersecretariat of Treasury, Turkey

External Debt in Turkey averaged 218952.70 USD Million from 1989 until 2021, reaching an all time high of 467672 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 September of 2021.

External Debt in Turkey is expected to be 487000.00 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 494000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 515000.00 USD Million in 2022 and 525000.00 USD Million in 2023, according to our econometric models.

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Turkey Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
448393.00 450056.00 467672.00 43911.00 1989 - 2021 USD Million Quarterly
Current Prices, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4277.55 -2875.93 24.51 -10453.06 USD Million [+]
Current Account -683.00 -1122.00 3778.00 -9407.00 USD Million [+]
Current Account to GDP -5.10 0.90 1.90 -8.90 percent of GDP [+]
Imports 20692.65 22627.65 23626.37 15.00 USD Million [+]
Exports 16415.10 19751.72 19751.72 7.10 USD Million [+]
External Debt 448393.00 450056.00 467672.00 43911.00 USD Million [+]
Terms of Trade 91.58 91.57 147.63 90.96 points [+]
Capital Flows -4903.00 -7191.00 7529.00 -9578.00 USD Million [+]
Foreign Direct Investment 1036.00 460.00 6571.00 46.00 USD Million [+]
Remittances 13.00 17.00 574.00 8.00 USD Million [+]
Tourism Revenues 3004.00 2452.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 4360952.00 2047596.00 6617380.00 24238.00 Persons [+]
Gold Reserves 407.60 512.60 583.30 116.04 Tonnes [+]
Terrorism Index 6.11 6.53 7.52 4.62 [+]
Weapons Sales 141.00 240.00 264.00 3.00 SIPRI TIV Million [+]
Crude Oil Production 66.00 66.00 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..