External Debt in Turkey increased to 436921 USD Million in the fourth quarter of 2019 from 432961 USD Million in the third quarter of 2019.

External Debt in Turkey averaged 209972.01 USD Million from 1989 until 2019, reaching an all time high of 467545 USD Million in the first quarter of 2018 and a record low of 43911 USD Million in the fourth quarter of 1989. This page provides - Turkey External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Total Gross External Debt - values, historical data and charts - was last updated on June of 2020. source: Undersecretariat of Treasury, Turkey

External Debt in Turkey is expected to be 445000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Turkey to stand at 475000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 495000.00 USD Million in 2021 and 520000.00 USD Million in 2022, according to our econometric models.

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Turkey Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
436921.00 432961.00 467545.00 43911.00 1989 - 2019 USD Million Quarterly
Current Prices, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4563.80 -5438.65 24.51 -10453.06 USD Million [+]
Current Account -4923.00 -1154.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 13553.33 18811.91 23245.30 15.00 USD Million [+]
Exports 8989.54 13373.26 15940.39 7.10 USD Million [+]
External Debt 436921.00 432961.00 467545.00 43911.00 USD Million [+]
Terms of Trade 105.21 106.77 147.63 93.96 points [+]
Capital Flows 7673.00 -3211.00 15220.00 -15701.00 USD Million [+]
Foreign Direct Investment 418.00 1211.00 6571.00 46.00 USD Million [+]
Remittances 14.00 12.00 574.00 10.00 USD Million [+]
Tourism Revenues 788.00 1479.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 24238.00 718097.00 6617380.00 24238.00 [+]
Gold Reserves 485.20 385.45 485.20 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 58.00 58.00 72.00 38.00 BBL/D/1K [+]


Turkey Total Gross External Debt
In Turkey, external debt is a part of the total debt that is owed to creditors outside the country..