Central government debt, total in Türkiye
Türkiye: Central government debt, total was 26.6% in 2024. ▬ Flat
Central government debt, total in Türkiye, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, central government debt, total in Türkiye stood at 26.6%.
Compared with earlier readings it is down 20.0% on the previous year and down 14.5% over ten years.
Over the whole period, central government debt, total in Türkiye peaked at 48.5% in 2009 and was at its lowest, 25.9%, in 1995.
Türkiye ranks 73rd of 83 countries on this measure, in the bottom quarter.
Central government debt, total in Türkiye, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 30.2% | — |
| 1991 | 32.1% | +6.2% |
| 1992 | 34.0% | +5.9% |
| 1993 | 33.7% | -0.9% |
| 1994 | 44.0% | +30.6% |
| 1995 | 25.9% | -41.3% |
| 1996 | 27.5% | +6.3% |
| 1997 | 31.9% | +16.0% |
| 1998 | 30.3% | -5.0% |
| 2008 | 41.0% | +35.5% |
| 2009 | 48.5% | +18.2% |
| 2010 | 45.2% | -6.8% |
| 2011 | 40.0% | -11.5% |
| 2012 | 37.7% | -5.7% |
| 2013 | 31.8% | -15.7% |
| 2014 | 31.1% | -2.1% |
| 2015 | 29.1% | -6.3% |
| 2016 | 30.1% | +3.2% |
| 2017 | 29.6% | -1.7% |
| 2018 | 29.4% | -0.6% |
| 2019 | 33.5% | +13.8% |
| 2020 | 41.0% | +22.7% |
| 2021 | 41.6% | +1.5% |
| 2022 | 35.3% | -15.1% |
| 2023 | 33.3% | -5.9% |
| 2024 | 26.6% | -20.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 32.2% | 25.9% | 44.0% | 9 |
| 2000s | 44.8% | 41.0% | 48.5% | 2 |
| 2010s | 33.7% | 29.1% | 45.2% | 10 |
| 2020s | 35.6% | 26.6% | 41.6% | 5 |
Countries ranked near Türkiye
- 70 Indonesia 30.0% compare
- 71 Malta 30.0% compare
- 72 Micronesia, Federated States of 27.8% compare
- 74 Solomon Islands 26.0% compare
- 75 Guatemala 25.2% compare
- 76 Switzerland 22.3% compare
More economy & growth data for Türkiye
- Households and NPISHs Final consumption expenditure (current LCU) 42.46 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 21.58 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 401,446 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.04 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5869 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 10,915 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 17.25 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6857 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 12,753 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 41.01 % change on previous year (2025)
Frequently asked questions
- What is central government debt, total in Türkiye?
- Central government debt, total in Türkiye was 26.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Türkiye?
- The highest recorded value was 48.5% in 2009.
- What is the lowest central government debt, total recorded in Türkiye?
- The lowest recorded value was 25.9% in 1995.
- How does Türkiye rank for central government debt, total?
- Türkiye ranks 73rd out of 83 countries with data for 2024.
- Is central government debt, total rising or falling in Türkiye?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is flat.
- Where does this Türkiye data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.