Private Debt to GDP in Turkey decreased to 113.60 percent in 2024 from 123.40 percent in 2023. Private Debt to GDP in Turkey averaged 136.03 percent from 2010 until 2024, reaching an all time high of 163.90 percent in 2021 and a record low of 112.10 percent in 2011. source: OECD

Private Debt to GDP in Turkey is expected to reach 112.00 percent by the end of 2026, 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 110.00 percent in 2027, according to our econometric models.



Related Last Previous Unit Reference
Banks Balance Sheet 49643963429.00 48771106214.00 TRY Thousand Mar 2026
Cash Reserve Ratio 25.00 25.00 percent Apr 2026
Central Bank Balance Sheet 12421841487.00 12579951563.00 TRY Thousand Apr 2026
Overnight Borrowing Rate 35.50 35.50 percent Apr 2026
Foreign Exchange Reserves 61200.00 60600.00 USD Million May 2026
Interest Rate 37.00 37.00 percent Apr 2026
Overnight Lending Rate 40.00 40.00 percent Apr 2026
Loans to Non Financial Companies 13001433016.00 12668357593.00 TRY Thousand Mar 2026
Money Supply M1 10752777766.17 10305895715.00 TRY Thousand Apr 2026
Money Supply M2 26328427721.54 25196173179.00 TRY Thousand Apr 2026
Money Supply M3 29257900733.59 27801477066.00 TRY Thousand Apr 2026
Private Debt to GDP 113.60 123.40 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
113.60 123.40 163.90 112.10 2010 - 2024 percent Yearly