Turkey recorded a Government Debt equivalent to 42 percent of the country's Gross Domestic Product in 2021. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey averaged 42.30 percent of GDP from 2000 until 2021, reaching an all time high of 75.50 percent of GDP in 2001 and a record low of 27.40 percent of GDP 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 June of 2022.

Government Debt to GDP in Turkey is expected to reach 45.00 percent of GDP by the end of 2022, 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 43.00 percent of GDP in 2023 and 40.00 percent of GDP in 2024, according to our econometric models.

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Turkey Government Debt to GDP



Related Last Previous Unit Reference
Government Debt to GDP 42.00 39.70 percent of GDP Dec 2021
Government Budget -2.70 -3.50 percent of GDP Dec 2021
Government Budget Value 143.98 -50.17 TRY Billion May 2022
Government Revenues 317.75 164.11 TRY Billion May 2022
Government Debt 3363604.00 3125375.00 TRY Million May 2022
Fiscal Expenditure 173.78 214.28 TRY Billion May 2022
Treasury Cash Balance 149230.00 -43670.00 TRY Million May 2022

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
42.00 39.70 75.50 27.40 2000 - 2021 percent of GDP Yearly