Turkey recorded a government debt equivalent to 30.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Turkey averaged 43.32 percent from 2000 until 2018, reaching an all time high of 76.10 percent in 2001 and a record low of 27.60 percent in 2015. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey is expected to be 34.20 percent by the end of this quarter, 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 40.00 percent in 2020, according to our econometric models.

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Turkey Government Debt to GDP
Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.40 28.30 76.10 27.60 percent [+]
Government Budget -2.00 -1.50 -0.60 -33.00 percent of GDP [+]
Government Budget Value -13236708.00 -18224093.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 62035475.80 62042024.50 72908722.10 20942407.10 TRY THO [+]
Government Revenues 63759598.00 60896406.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1260725.00 1239900.00 1260725.00 15.00 TRY Million [+]
Fiscal Expenditure 76996306.00 79120499.00 144562290.00 11186669.00 TRY Thousand [+]
Credit Rating 36.00 [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]
Treasury Cash Balance 7900.86 -11890.30 25738.65 -26764.59 TRY Million [+]
Asylum Applications 16207.00 10321.00 23066.00 131.00 Persons [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
30.40 28.30 76.10 27.60 2000 - 2018 percent Yearly




Country Last Previous
Japan 238.20 Dec/18 238
Italy 134.80 Dec/18 134
Singapore 112.20 Dec/18 111
United States 106.10 Dec/18 105
France 98.40 Dec/18 98.4
Spain 97.60 Dec/18 98.6
Canada 89.70 Dec/18 90.1
Euro Area 87.90 Dec/18 89.8
Argentina 86.20 Dec/18 56.6
United Kingdom 80.80 Dec/19 82.6
Brazil 77.22 Dec/18 74.07
India 68.30 Dec/18 68.9
Germany 61.90 Dec/18 65.3
South Africa 55.80 Dec/18 53.1
Netherlands 52.40 Dec/18 56.9
China 50.50 Dec/18 46.8
Mexico 46.00 Dec/18 46
Australia 40.70 Dec/18 40.7
South Korea 36.60 Dec/18 36.3
Turkey 30.40 Dec/18 28.3
Indonesia 29.80 Dec/18 28.7
Switzerland 27.70 Dec/18 29.3
Saudi Arabia 19.10 Dec/18 17.2
Russia 13.50 Dec/17 12.9


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