Households Debt in Turkey decreased to 16.40 percent of GDP in the second quarter of 2018 from 16.60 percent of GDP in the first quarter of 2018. Households Debt To GDP in Turkey averaged 6.92 percent of GDP from 1986 until 2018, reaching an all time high of 19.60 percent of GDP in the fourth quarter of 2013 and a record low of 0.10 percent of GDP in the third quarter of 1988.
Households Debt To GDP in Turkey is expected to be 18.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Turkey to stand at 22.00 in 12 months time. In the long-term, the Turkey Households Debt To GDP is projected to trend around 25.00 percent of GDP in 2020, according to our econometric models.