Turkey recorded a Government Debt to GDP of 23.80 percent of the country's Gross Domestic Product in 2025. Government Debt to GDP in Turkey averaged 38.99 percent of GDP from 2000 until 2025, reaching an all time high of 75.60 percent of GDP in 2001 and a record low of 23.60 percent of GDP in 2024. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey is expected to reach 24.50 percent of GDP by the end of 2026, 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 24.90 percent of GDP in 2027 and 25.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 1384.39 1524.89 TRY Billion May 2026
Government Budget -4.90 -5.20 percent of GDP Dec 2024
Budget Balance -298.20 -338.70 TRY Billion May 2026
Central Government Debt 14446900.00 14395800.00 TRY Million Mar 2026
Government Debt to GDP 23.80 23.60 percent of GDP Dec 2025
Government Revenues 1086.17 1186.16 TRY Billion May 2026
Treasury Cash Balance -128350.00 -251242.00 TRY Million May 2026


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
23.80 23.60 75.60 23.60 2000 - 2025 percent of GDP Yearly