External debt stocks, total (DOD, current US$) in Turkey
Turkey: External debt stocks, total was 514.99 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, total in Turkey is 514.99 billion DOD, current US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 3.0% on the previous year and up 24.5% over ten years.
Over the whole period, external debt stocks, total in Turkey peaked at 514.99 billion DOD, current US$ in 2024 and was at its lowest, 2.75 billion DOD, current US$, in 1970.
Turkey ranks 5th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total in Turkey, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 2.75 billion DOD, current US$ | — |
| 1971 | 3.29 billion DOD, current US$ | +19.7% |
| 1972 | 3.55 billion DOD, current US$ | +8.1% |
| 1973 | 4.20 billion DOD, current US$ | +18.3% |
| 1974 | 4.63 billion DOD, current US$ | +10.2% |
| 1975 | 5.06 billion DOD, current US$ | +9.2% |
| 1976 | 6.00 billion DOD, current US$ | +18.6% |
| 1977 | 11.45 billion DOD, current US$ | +90.8% |
| 1978 | 14.86 billion DOD, current US$ | +29.7% |
| 1979 | 15.93 billion DOD, current US$ | +7.2% |
| 1980 | 19.13 billion DOD, current US$ | +20.1% |
| 1981 | 19.24 billion DOD, current US$ | +0.5% |
| 1982 | 19.72 billion DOD, current US$ | +2.5% |
| 1983 | 20.32 billion DOD, current US$ | +3.1% |
| 1984 | 21.61 billion DOD, current US$ | +6.3% |
| 1985 | 26.01 billion DOD, current US$ | +20.4% |
| 1986 | 32.93 billion DOD, current US$ | +26.6% |
| 1987 | 40.94 billion DOD, current US$ | +24.3% |
| 1988 | 40.99 billion DOD, current US$ | +0.1% |
| 1989 | 41.58 billion DOD, current US$ | +1.4% |
| 1990 | 49.42 billion DOD, current US$ | +18.9% |
| 1991 | 50.87 billion DOD, current US$ | +2.9% |
| 1992 | 56.55 billion DOD, current US$ | +11.2% |
| 1993 | 68.60 billion DOD, current US$ | +21.3% |
| 1994 | 66.25 billion DOD, current US$ | -3.4% |
| 1995 | 73.78 billion DOD, current US$ | +11.4% |
| 1996 | 80.62 billion DOD, current US$ | +9.3% |
| 1997 | 84.72 billion DOD, current US$ | +5.1% |
| 1998 | 96.95 billion DOD, current US$ | +14.4% |
| 1999 | 101.78 billion DOD, current US$ | +5.0% |
| 2000 | 116.80 billion DOD, current US$ | +14.8% |
| 2001 | 112.95 billion DOD, current US$ | -3.3% |
| 2002 | 131.76 billion DOD, current US$ | +16.7% |
| 2003 | 148.36 billion DOD, current US$ | +12.6% |
| 2004 | 165.47 billion DOD, current US$ | +11.5% |
| 2005 | 178.26 billion DOD, current US$ | +7.7% |
| 2006 | 217.54 billion DOD, current US$ | +22.0% |
| 2007 | 268.69 billion DOD, current US$ | +23.5% |
| 2008 | 294.45 billion DOD, current US$ | +9.6% |
| 2009 | 286.00 billion DOD, current US$ | -2.9% |
| 2010 | 316.65 billion DOD, current US$ | +10.7% |
| 2011 | 320.98 billion DOD, current US$ | +1.4% |
| 2012 | 353.40 billion DOD, current US$ | +10.1% |
| 2013 | 402.18 billion DOD, current US$ | +13.8% |
| 2014 | 413.80 billion DOD, current US$ | +2.9% |
| 2015 | 399.46 billion DOD, current US$ | -3.5% |
| 2016 | 398.94 billion DOD, current US$ | -0.1% |
| 2017 | 446.93 billion DOD, current US$ | +12.0% |
| 2018 | 425.76 billion DOD, current US$ | -4.7% |
| 2019 | 414.34 billion DOD, current US$ | -2.7% |
| 2020 | 429.28 billion DOD, current US$ | +3.6% |
| 2021 | 434.87 billion DOD, current US$ | +1.3% |
| 2022 | 455.96 billion DOD, current US$ | +4.8% |
| 2023 | 499.81 billion DOD, current US$ | +9.6% |
| 2024 | 514.99 billion DOD, current US$ | +3.0% |
Turkey compared with similar countries
- Turkey's 514.99 billion DOD, current US$ is above the median for upper middle income countries, which is 18.94 billion DOD, current US$, 27.2× the median. (52 countries reporting)
- Turkey's 514.99 billion DOD, current US$ is above the median for Europe & Central Asia, which is 15.14 billion DOD, current US$, 34.0× the median. (20 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +90.8% | 6.00 billion DOD, current US$ | 11.45 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.17 billion DOD, current US$ | 2.75 billion DOD, current US$ | 15.93 billion DOD, current US$ | 10 |
| 1980s | 28.25 billion DOD, current US$ | 19.13 billion DOD, current US$ | 41.58 billion DOD, current US$ | 10 |
| 1990s | 72.96 billion DOD, current US$ | 49.42 billion DOD, current US$ | 101.78 billion DOD, current US$ | 10 |
| 2000s | 192.03 billion DOD, current US$ | 112.95 billion DOD, current US$ | 294.45 billion DOD, current US$ | 10 |
| 2010s | 389.24 billion DOD, current US$ | 316.65 billion DOD, current US$ | 446.93 billion DOD, current US$ | 10 |
| 2020s | 466.98 billion DOD, current US$ | 429.28 billion DOD, current US$ | 514.99 billion DOD, current US$ | 5 |
Countries ranked near Turkey
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 in Turkey?
- External debt stocks, total in Turkey was 514.99 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Turkey?
- The highest recorded value was 514.99 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, total recorded in Turkey?
- The lowest recorded value was 2.75 billion DOD, current US$ in 1970.
- How does Turkey rank for external debt stocks, total?
- Turkey ranks 5th out of 122 countries with data for 2024.
- Is external debt stocks, total rising or falling in Turkey?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.