Turkey recorded a government debt equivalent to 30.40 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Turkey averaged 43.32 percent from 2000 until 2018, reaching an all time high of 76.10 percent in 2001 and a record low of 27.60 percent in 2015. This page provides the latest reported value for - Turkey Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey is expected to be 34.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Government Debt to GDP is projected to trend around 40.00 percent in 2020, according to our econometric models.


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Turkey Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
30.40 28.30 76.10 27.60 2000 - 2018 percent Yearly

Turkey Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.

Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 30.40 28.30 76.10 27.60 percent [+]
Government Budget -2.00 -1.50 -0.60 -33.00 percent of GDP [+]
Government Budget Value -36067505.00 6181359.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 62035475.80 62042024.50 72908722.10 20942407.10 TRY THO [+]
Government Revenues 70797670.00 80810612.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1328752.00 1274187.00 1328752.00 15.00 TRY Million [+]
Fiscal Expenditure 106865175.00 74629253.00 144562290.00 11186669.00 TRY Thousand [+]
Credit Rating 36.00 [+]
Treasury Cash Balance -36764.79 7891.91 25738.65 -36764.79 TRY Million [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]