Turkey recorded a government debt equivalent to 28.30 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Turkey averaged 44.03 percent from 2000 until 2017, reaching an all time high of 76.10 percent in 2001 and a record low of 27.60 percent in 2015.

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.

Turkey Government Debt to GDP
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Turkey Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.30 28.30 76.10 27.60 percent [+]
Government Budget -1.50 -1.10 -0.60 -33.00 percent of GDP [+]
Government Budget Value -24573567.00 -18675315.00 13023775.00 -39815859.00 TRY Thousand [+]
Government Spending 69495065.30 58201812.20 69495065.30 20942407.10 TRY THO [+]
Government Revenues 51046881.00 64699563.00 134819231.00 6796416.00 TRY Thousand [+]
Government Debt 1162437.00 1126210.00 1162437.00 15.00 TRY Million [+]
Fiscal Expenditure 75620448.00 83374878.00 144562290.00 11186669.00 TRY Thousand [+]
Credit Rating 44.46 [+]
Military Expenditure 22088.00 17824.00 22088.00 1176.00 USD Million [+]
Asylum Applications 16207.00 10321.00 23066.00 131.00 Persons [+]


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. 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. Turkey Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
28.30 28.30 76.10 27.60 2000 - 2017 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 105.40 Dec/17
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 47.60 Dec/17
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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