Turkey Debt to GDP Ratio 1960-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Turkey debt to gdp ratio for 2022 was 35.25%, a 7.33% decline from 2021.
  • Turkey debt to gdp ratio for 2021 was 42.58%, a 0.77% increase from 2020.
  • Turkey debt to gdp ratio for 2020 was 41.80%, a 7.9% increase from 2019.
  • Turkey debt to gdp ratio for 2019 was 33.90%, a 4.69% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Brazil 80.41%
Colombia 70.49%
Bosnia 41.85%
Turkey 35.25%
Belize 0.00%
Dominican Republic 0.00%
Guyana 0.00%
St. Lucia 0.00%
Namibia 0.00%
Thailand 0.00%
South Africa 0.00%
Belarus 0.00%
Dominica 0.00%
Guatemala 0.00%
Libya 0.00%
Malaysia 0.00%
Suriname 0.00%
Samoa 0.00%
Cuba 0.00%
Grenada 0.00%
Lebanon 0.00%
Mauritius 0.00%
Serbia 0.00%
Venezuela 0.00%
Bulgaria 0.00%
Costa Rica 0.00%
Equatorial Guinea 0.00%
Kazakhstan 0.00%
Montenegro 0.00%
Russia 0.00%
St. Vincent and the Grenadines 0.00%
Azerbaijan 0.00%
Gabon 0.00%
Jordan 0.00%
North Macedonia 0.00%
Romania 0.00%
Tuvalu 0.00%
American Samoa 0.00%
China 0.00%
Fiji 0.00%
Jamaica 0.00%
Marshall Islands 0.00%
Paraguay 0.00%
Armenia 0.00%
Botswana 0.00%
Ecuador 0.00%
Iraq 0.00%
Mexico 0.00%
Peru 0.00%
Tonga 0.00%
Albania 0.00%
Algeria 0.00%
Iran 0.00%
Maldives 0.00%
Nauru 0.00%
Turkmenistan 0.00%
Turkey Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2022 35.25% -7.33%
2021 42.58% 0.77%
2020 41.80% 7.90%
2019 33.90% 4.69%
2018 29.21% -0.46%
2017 29.67% -0.37%
2016 30.03% 1.03%
2015 29.01% -2.34%
2014 31.35% -0.78%
2013 32.12% -5.84%
2012 37.96% -2.12%
2011 40.08% -5.07%
2010 45.15% -3.33%
2009 48.47% 7.58%
2008 40.89% 40.89%
2007 0.00% 0.00%
2006 0.00% 0.00%
2005 0.00% 0.00%
2004 0.00% 0.00%
2003 0.00% 0.00%
2002 0.00% 0.00%
2001 0.00% 0.00%
2000 0.00% 0.00%
1999 0.00% -30.30%
1998 30.30% -14.00%
1997 44.29% 6.37%
1996 37.92% 2.08%
1995 35.84% -8.18%
1994 44.02% 10.32%
1993 33.70% -0.32%
1992 34.02% 1.89%
1991 32.13% 1.88%
1990 30.25% 30.25%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%