Turkey recorded a Government Debt to GDP of 39.50 percent of the country's Gross Domestic Product in 2020. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey averaged 42.30 percent from 2000 until 2020, reaching an all time high of 75.50 percent in 2001 and a record low of 27.40 percent in 2015. This page provides the latest reported value for - Turkey Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Government Debt to GDP - values, historical data and charts - was last updated on December of 2021.

Government Debt to GDP in Turkey is expected to reach 45.60 percent of GDP by the end of 2021, 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 45.00 percent of GDP in 2022 and 43.00 percent of GDP in 2023, according to our econometric models.

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Turkey Government Debt to GDP

Related Last Previous Unit Reference
Government Debt to GDP 39.50 32.60 percent of GDP Dec/20
Government Budget -3.40 -2.90 percent of GDP Dec/20
Government Budget Value -17.41 -23.59 TRY Billion Oct/21
Government Revenues 114.02 117.92 TRY Billion Oct/21
Government Debt 2268700.00 2181100.00 TRY Million Oct/21
Fiscal Expenditure 131.42 141.51 TRY Billion Oct/21
Treasury Cash Balance 30282.18 -5264.27 TRY Million Nov/21
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.