Gross public sector debt as a share of gross domestic product in Türkiye
Türkiye: Gross public sector debt as a share of gross domestic product was 25.2% in 2024. ▼ Falling
Gross public sector debt as a share of gross domestic product in Türkiye, 2005–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Türkiye stood at 25.2%. That is the lowest value across all 20 years on record.
The figure is down 15.2% on the previous year and down 18.8% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Türkiye peaked at 51.3% in 2005 and was at its lowest, 25.2%, in 2024.
That places Türkiye 42nd out of 49 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross public sector debt as a share of gross domestic product in Türkiye, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 51.3% | — |
| 2006 | 45.6% | -11.2% |
| 2007 | 39.7% | -12.9% |
| 2008 | 39.9% | +0.3% |
| 2009 | 45.6% | +14.4% |
| 2010 | 41.9% | -8.2% |
| 2011 | 38.1% | -9.0% |
| 2012 | 34.7% | -8.8% |
| 2013 | 33.1% | -4.6% |
| 2014 | 31.0% | -6.4% |
| 2015 | 30.2% | -2.7% |
| 2016 | 30.8% | +2.1% |
| 2017 | 30.3% | -1.5% |
| 2018 | 31.6% | +4.0% |
| 2019 | 33.3% | +5.4% |
| 2020 | 39.5% | +18.8% |
| 2021 | 41.1% | +3.9% |
| 2022 | 31.4% | -23.6% |
| 2023 | 29.7% | -5.4% |
| 2024 | 25.2% | -15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.4% | 39.7% | 51.3% | 5 |
| 2010s | 33.5% | 30.2% | 41.9% | 10 |
| 2020s | 33.4% | 25.2% | 41.1% | 5 |
Countries ranked near Türkiye
More economy & growth data for Türkiye
- Imports of goods and services (constant 2015 US$), annual growth rate 4.93 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.1941 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,610 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -151.4 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -161.82 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 26.51 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.06 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 38,229 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) -8.8 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0416 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Türkiye?
- Gross public sector debt as a share of gross domestic product in Türkiye was 25.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Türkiye?
- The highest recorded value was 51.3% in 2005.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Türkiye?
- The lowest recorded value was 25.2% in 2024.
- How does Türkiye rank for gross public sector debt as a share of gross domestic product?
- Türkiye ranks 42nd out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Türkiye?
- Over the last ten years it is down 18.8%. The long-run trend across the full record is falling.
- Where does this Türkiye data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).