External Debt in Turkey decreased to 448452 USD Million in the third quarter of 2018 from 456961 USD Million in the second quarter of 2018. External Debt in Turkey averaged 199854.95 USD Million from 1989 until 2018, reaching an all time high of 466657 USD Million in the first quarter of 2018 and a record low of 43911 USD Million in the fourth quarter of 1989.
External Debt in Turkey is expected to be 505000.00 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 551000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 591000.00 USD Million in 2020, according to our econometric models.