Private Debt to GDP in Turkey increased to 173 percent in 2020 from 167.10 percent in 2019. source: OECD

Private Debt to GDP in Turkey averaged 155.25 percent from 2010 until 2020, reaching an all time high of 173 percent in 2020 and a record low of 130.30 percent in 2011. Turkey Private Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Private Debt to GDP in Turkey is expected to reach 177.00 percent by the end of 2021, 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 175.00 percent in 2022 and 171.00 percent in 2023, according to our econometric models.

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Turkey Private Debt to GDP


Turkey Last Unit Reference Previous Highest Lowest
Private Debt to GDP 173.00 percent Dec/20 167.10 173.00 130.30


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.