Debt service as a proportion of exports of goods, services and in Turkey
Turkey: Debt service as a proportion of exports of goods, services and was 6.6% in 2023. ◆ Volatile
Latest (2023)
6.6%
Change on year
up 9.7%
World rank
73rd
of 125 countries
All-time high
30.1%
in 2002
All-time low
4.4%
in 2013
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Turkey, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, debt service as a proportion of exports of goods, services and in Turkey stood at 6.6%.
Compared with earlier readings it is up 9.7% on the previous year and up 51.2% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Turkey peaked at 30.1% in 2002 and was at its lowest, 4.4%, in 2013.
That places Turkey 73rd out of 125 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 18.6% | — |
| 2001 | 24.8% | +33.3% |
| 2002 | 30.1% | +21.7% |
| 2003 | 20.3% | -32.6% |
| 2004 | 18.8% | -7.3% |
| 2005 | 19.3% | +2.6% |
| 2006 | 15.2% | -21.1% |
| 2007 | 11.5% | -24.3% |
| 2008 | 8.3% | -27.8% |
| 2009 | 8.1% | -2.1% |
| 2010 | 8.0% | -1.7% |
| 2011 | 7.5% | -6.0% |
| 2012 | 5.8% | -23.5% |
| 2013 | 4.4% | -23.7% |
| 2014 | 4.7% | +8.1% |
| 2015 | 4.9% | +4.0% |
| 2016 | 6.2% | +25.2% |
| 2017 | 7.2% | +16.5% |
| 2018 | 6.3% | -12.3% |
| 2019 | 7.1% | +13.0% |
| 2020 | 8.6% | +20.1% |
| 2021 | 7.6% | -11.7% |
| 2022 | 6.1% | -20.0% |
| 2023 | 6.6% | +9.7% |
Turkey compared with similar countries
- Turkey's 6.6% is below the median for upper middle income countries, which is 7.6%, 87% of the median. (49 countries reporting)
- Turkey's 6.6% is above the median for Europe & Central Asia, which is 6.6%, 1.0× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.5% | 8.1% | 30.1% | 10 |
| 2010s | 6.2% | 4.4% | 8.0% | 10 |
| 2020s | 7.2% | 6.1% | 8.6% | 4 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
Frequently asked questions
- What is debt service as a proportion of exports of goods, services and in Turkey?
- Debt service as a proportion of exports of goods, services and in Turkey was 6.6% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Turkey?
- The highest recorded value was 30.1% in 2002.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Turkey?
- The lowest recorded value was 4.4% in 2013.
- How does Turkey rank for debt service as a proportion of exports of goods, services and?
- Turkey ranks 73rd out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Turkey?
- Over the last ten years it is up 51.2%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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