Private Debt to GDP in Turkey decreased to 116.70 percent in 2024 from 125.90 percent in 2023. Private Debt to GDP in Turkey averaged 137.67 percent from 2010 until 2024, reaching an all time high of 167.90 percent in 2021 and a record low of 112.80 percent in 2011. source: OECD

Private Debt to GDP in Turkey is expected to reach 115.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Private Debt to GDP is projected to trend around 112.00 percent in 2026 and 110.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 46798360136.00 44833341136.00 TRY Thousand Dec 2025
Cash Reserve Ratio 25.00 25.00 percent Dec 2025
Central Bank Balance Sheet 12071962275.00 12157882198.00 TRY Thousand Nov 2025
Overnight Borrowing Rate 35.50 36.50 percent Jan 2026
Foreign Exchange Reserves 78870.00 84410.00 USD Million Feb 2026
Interest Rate 37.00 38.00 percent Jan 2026
Overnight Lending Rate 40.00 41.00 percent Jan 2026
Loans to Non Financial Companies 12059977094.00 11655740178.00 TRY Thousand Dec 2025
Money Supply M1 10610874418.00 9759279555.00 TRY Thousand Jan 2026
Money Supply M2 25239085938.00 24560207201.00 TRY Thousand Jan 2026
Money Supply M3 28121442919.00 27233238495.00 TRY Thousand Jan 2026
Private Debt to GDP 116.70 125.90 percent Dec 2024


Turkey Private Debt to GDP
Private sector debt to GDP measures the indebtedness of both sectors, non-financial corporations and households and non-profit institutions serving households, as a percentage of GDP.
Actual Previous Highest Lowest Dates Unit Frequency
116.70 125.90 167.90 112.80 2010 - 2024 percent Yearly