External debt stocks, total (DOD, current US$), per unit of GDP in Turkey
Turkey: External debt stocks, total (DOD, current US$), per unit of GDP was 0.3789 DOD, current US$ per US$ of GDP in 2024. ▲ Rising
Latest (2024)
0.3789 DOD, current US$ per US$ of GDP
Change on year
down 13.5%
World rank
74th
of 122 countries
All-time high
0.5852 DOD, current US$ per US$ of GDP
in 2020
All-time low
0.1099 DOD, current US$ per US$ of GDP
in 1975
Years of data
55
1970–2024
External debt stocks, total (DOD, current US$), per unit of GDP in Turkey, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
The most recent figure for external debt stocks, total (dod, current us$), per unit of gdp in Turkey is 0.3789 DOD, current US$ per US$ of GDP, measured in 2024.
That represents a change of down 13.5% on the previous year and down 13.7% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), per unit of gdp in Turkey peaked at 0.5852 DOD, current US$ per US$ of GDP in 2020 and was at its lowest, 0.1099 DOD, current US$ per US$ of GDP, in 1975.
That places Turkey 74th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
External debt stocks, total (DOD, current US$), per unit of GDP in Turkey, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1537 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.2033 DOD, current US$ per US$ of GDP | +32.3% |
| 1972 | 0.1721 DOD, current US$ per US$ of GDP | -15.3% |
| 1973 | 0.1617 DOD, current US$ per US$ of GDP | -6.1% |
| 1974 | 0.1308 DOD, current US$ per US$ of GDP | -19.1% |
| 1975 | 0.1099 DOD, current US$ per US$ of GDP | -16.0% |
| 1976 | 0.1166 DOD, current US$ per US$ of GDP | +6.2% |
| 1977 | 0.1952 DOD, current US$ per US$ of GDP | +67.3% |
| 1978 | 0.2254 DOD, current US$ per US$ of GDP | +15.5% |
| 1979 | 0.1777 DOD, current US$ per US$ of GDP | -21.1% |
| 1980 | 0.278 DOD, current US$ per US$ of GDP | +56.4% |
| 1981 | 0.2702 DOD, current US$ per US$ of GDP | -2.8% |
| 1982 | 0.3063 DOD, current US$ per US$ of GDP | +13.3% |
| 1983 | 0.3288 DOD, current US$ per US$ of GDP | +7.4% |
| 1984 | 0.3605 DOD, current US$ per US$ of GDP | +9.6% |
| 1985 | 0.3869 DOD, current US$ per US$ of GDP | +7.3% |
| 1986 | 0.4352 DOD, current US$ per US$ of GDP | +12.5% |
| 1987 | 0.4696 DOD, current US$ per US$ of GDP | +7.9% |
| 1988 | 0.4511 DOD, current US$ per US$ of GDP | -3.9% |
| 1989 | 0.3881 DOD, current US$ per US$ of GDP | -14.0% |
| 1990 | 0.3281 DOD, current US$ per US$ of GDP | -15.5% |
| 1991 | 0.3368 DOD, current US$ per US$ of GDP | +2.7% |
| 1992 | 0.3554 DOD, current US$ per US$ of GDP | +5.5% |
| 1993 | 0.3803 DOD, current US$ per US$ of GDP | +7.0% |
| 1994 | 0.5071 DOD, current US$ per US$ of GDP | +33.3% |
| 1995 | 0.3144 DOD, current US$ per US$ of GDP | -38.0% |
| 1996 | 0.322 DOD, current US$ per US$ of GDP | +2.4% |
| 1997 | 0.3211 DOD, current US$ per US$ of GDP | -0.3% |
| 1998 | 0.3512 DOD, current US$ per US$ of GDP | +9.4% |
| 1999 | 0.3966 DOD, current US$ per US$ of GDP | +12.9% |
| 2000 | 0.4251 DOD, current US$ per US$ of GDP | +7.2% |
| 2001 | 0.5586 DOD, current US$ per US$ of GDP | +31.4% |
| 2002 | 0.5472 DOD, current US$ per US$ of GDP | -2.0% |
| 2003 | 0.4704 DOD, current US$ per US$ of GDP | -14.0% |
| 2004 | 0.4034 DOD, current US$ per US$ of GDP | -14.2% |
| 2005 | 0.3507 DOD, current US$ per US$ of GDP | -13.1% |
| 2006 | 0.3887 DOD, current US$ per US$ of GDP | +10.8% |
| 2007 | 0.3921 DOD, current US$ per US$ of GDP | +0.9% |
| 2008 | 0.3797 DOD, current US$ per US$ of GDP | -3.2% |
| 2009 | 0.4374 DOD, current US$ per US$ of GDP | +15.2% |
| 2010 | 0.4046 DOD, current US$ per US$ of GDP | -7.5% |
| 2011 | 0.3802 DOD, current US$ per US$ of GDP | -6.0% |
| 2012 | 0.3992 DOD, current US$ per US$ of GDP | +5.0% |
| 2013 | 0.418 DOD, current US$ per US$ of GDP | +4.7% |
| 2014 | 0.4391 DOD, current US$ per US$ of GDP | +5.1% |
| 2015 | 0.4616 DOD, current US$ per US$ of GDP | +5.1% |
| 2016 | 0.4581 DOD, current US$ per US$ of GDP | -0.7% |
| 2017 | 0.5174 DOD, current US$ per US$ of GDP | +12.9% |
| 2018 | 0.5401 DOD, current US$ per US$ of GDP | +4.4% |
| 2019 | 0.534 DOD, current US$ per US$ of GDP | -1.1% |
| 2020 | 0.5852 DOD, current US$ per US$ of GDP | +9.6% |
| 2021 | 0.5177 DOD, current US$ per US$ of GDP | -11.5% |
| 2022 | 0.4923 DOD, current US$ per US$ of GDP | -4.9% |
| 2023 | 0.438 DOD, current US$ per US$ of GDP | -11.0% |
| 2024 | 0.3789 DOD, current US$ per US$ of GDP | -13.5% |
Turkey compared with similar countries
- Turkey's 0.3789 DOD, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.4626 DOD, current US$ per US$ of GDP, 82% of the median. (52 countries reporting)
- Turkey's 0.3789 DOD, current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.5482 DOD, current US$ per US$ of GDP, 69% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1647 DOD, current US$ per US$ of GDP | 0.1099 DOD, current US$ per US$ of GDP | 0.2254 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.3675 DOD, current US$ per US$ of GDP | 0.2702 DOD, current US$ per US$ of GDP | 0.4696 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 0.3613 DOD, current US$ per US$ of GDP | 0.3144 DOD, current US$ per US$ of GDP | 0.5071 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.4353 DOD, current US$ per US$ of GDP | 0.3507 DOD, current US$ per US$ of GDP | 0.5586 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.4552 DOD, current US$ per US$ of GDP | 0.3802 DOD, current US$ per US$ of GDP | 0.5401 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.4824 DOD, current US$ per US$ of GDP | 0.3789 DOD, current US$ per US$ of GDP | 0.5852 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Turkey
- 71 Uganda 0.3809 DOD, current US$ per US$ of GDP compare
- 72 Central African Republic 0.3801 DOD, current US$ per US$ of GDP compare
- 73 Argentina 0.3797 DOD, current US$ per US$ of GDP compare
- 75 Madagascar 0.3782 DOD, current US$ per US$ of GDP compare
- 76 Solomon Islands 0.3764 DOD, current US$ per US$ of GDP compare
- 77 Thailand 0.3624 DOD, current US$ per US$ of GDP compare
More economy & growth data for Turkey
- SDRs holdings, US dollar, annual growth rate 5.04 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 87.93 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0288 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 64.2 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0039 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 72.49 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks, total (dod, current us$), per unit of gdp in Turkey?
- External debt stocks, total (dod, current us$), per unit of gdp in Turkey was 0.3789 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), per unit of gdp recorded in Turkey?
- The highest recorded value was 0.5852 DOD, current US$ per US$ of GDP in 2020.
- What is the lowest external debt stocks, total (dod, current us$), per unit of gdp recorded in Turkey?
- The lowest recorded value was 0.1099 DOD, current US$ per US$ of GDP in 1975.
- How does Turkey rank for external debt stocks, total (dod, current us$), per unit of gdp?
- Turkey ranks 74th out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), per unit of gdp rising or falling in Turkey?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is rising.
- Where does this Turkey data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, total (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.