Turkey Government gross debt in Turkey

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 25.5% 2027: 26.9% 2028: 27.3% 2029: 27.4% 2030: 28.0% 2031: 27.5%
27.5 (2031) ANUAL · % of GDP · Annual · CSV
Period% of GDP
Jan 2031 27.5
Jan 2030 28.0
Jan 2029 27.4
Jan 2028 27.3
Jan 2027 26.9
Jan 2026 25.5
Jan 2025 23.5
Jan 2024 23.6
Jan 2023 28.2
Jan 2022 29.4
Jan 2021 38.9
Jan 2020 38.3
Jan 2019 31.2
Jan 2018 28.8
Jan 2017 26.9
Jan 2016 27.0
Jan 2015 26.5
Jan 2014 27.4
Jan 2013 29.5
Jan 2012 30.8
Jan 2011 34.8
Jan 2010 38.6
Jan 2009 42.4
Jan 2008 37.0
Jan 2007 37.1
Jan 2006 44.2
Jan 2005 50.2
Jan 2004 57.0
Jan 2003 63.6
Jan 2002 71.2
Jan 2001 75.6
Jan 2000 51.2

About this indicator

Source
International Monetary Fund
Frequency
Annual
Release
Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.
What it is
Measures the total gross debt owed by Türkiye's general government to its domestic and external creditors. It is usually reported in absolute terms and, above all, as a share of GDP to gauge sustainability.
How it's calculated
It adds up the liabilities of the whole general government (debt securities, loans and deposits), consolidated across subsectors. For Türkiye the usual benchmark is the general government gross debt compiled by the IMF and the national authorities, with the debt-to-GDP ratio setting that stock against the size of the economy.
Market implications
A high or rising debt level weighs on the sustainability of Turkey's public finances, the State's borrowing costs and its fiscal headroom. With a sizeable share issued in foreign currency, it is highly sensitive to the lira's path and to the central bank's decisions.
Limitations
This is a low-frequency figure revised alongside the national accounts. The debt-to-GDP ratio depends on both the debt stock and nominal GDP, which is heavily distorted by Turkey's high inflation; watch too the foreign-currency debt, which swells the stock whenever the lira weakens.