External Debt / Turkey
Turkey External Debt
Turkey external debt data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 39.39%.
COUNTRY: Turkey
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-06-13 04:01:56
GM ECONOMY RATING
Turkey · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BB
63 / 100
Moderate stability
Fiscal stability
13.0 / 25
Macroeconomic stability
9.1 / 20
External stability
11.0 / 15
Financial robustness
8.0 / 15
Structural stability
13.0 / 15
Future capacity
10.0 / 10
Demographic capacity
2.0 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 100% of weighted inputs available.
Time range:
Selected year: · Value:
Turkey · external debt data as percent of GDP.
Latest
39.39%
Previous
45.16%
Range avg.
50.59%
Rank
13
Countries by external debt
full rankingGM ECONOMY
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CountryTurkey
IndicatorExternal Debt
39.39%2024 · Rank 13
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Turkey recorded 39.39% for External Debt in 2024, the latest available observation in this dataset.
Compared with 2023, the indicator decreased by 5.77 percentage points, from 45.16% to 39.39%.
The latest observation is below the average of the last 10 available observations (50.59%).
Across the five latest available observations (2020–2024), the pattern is predominantly downward.
Within the last 10 available observations, the low was 39.39% in 2024 and the high was 60.32% in 2020.
Comparison
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Foreign ReservesFI.RES.TOTL.CD
Personal RemittancesBX.TRF.PWKR.DT.GD.ZS