Short-term debt in Türkiye
Türkiye: Short-term debt was 114.5% in 2024. ◆ Volatile
Latest (2024)
114.5%
Change on year
down 7.7%
World rank
10th
of 112 countries
All-time high
492.4%
in 1977
All-time low
50.3%
in 1973
Years of data
55
1970–2024
Short-term debt in Türkiye, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
The most recent figure for short-term debt in Türkiye is 114.5%, measured in 2024.
That represents a change of down 7.7% on the previous year and up 2.4% over ten years.
Over the whole period, short-term debt in Türkiye peaked at 492.4% in 1977 and was at its lowest, 50.3%, in 1973.
Türkiye ranks 10th of 112 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Türkiye, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 178.3% | — |
| 1971 | 120.3% | -32.5% |
| 1972 | 67.9% | -43.5% |
| 1973 | 50.3% | -25.9% |
| 1974 | 59.4% | +18.0% |
| 1975 | 100.0% | +68.4% |
| 1976 | 116.5% | +16.4% |
| 1977 | 492.4% | +322.7% |
| 1978 | 440.8% | -10.5% |
| 1979 | 140.2% | -68.2% |
| 1980 | 75.8% | -45.9% |
| 1981 | 90.7% | +19.6% |
| 1982 | 63.2% | -30.4% |
| 1983 | 83.8% | +32.7% |
| 1984 | 130.4% | +55.6% |
| 1985 | 205.3% | +57.5% |
| 1986 | 218.0% | +6.2% |
| 1987 | 210.0% | -3.7% |
| 1988 | 164.0% | -21.9% |
| 1989 | 91.2% | -44.4% |
| 1990 | 124.6% | +36.6% |
| 1991 | 137.8% | +10.6% |
| 1992 | 168.6% | +22.4% |
| 1993 | 236.2% | +40.1% |
| 1994 | 131.0% | -44.5% |
| 1995 | 113.0% | -13.7% |
| 1996 | 97.3% | -13.9% |
| 1997 | 91.1% | -6.4% |
| 1998 | 103.2% | +13.2% |
| 1999 | 96.1% | -6.9% |
| 2000 | 123.0% | +28.0% |
| 2001 | 82.1% | -33.2% |
| 2002 | 65.9% | -19.7% |
| 2003 | 76.8% | +16.5% |
| 2004 | 98.4% | +28.2% |
| 2005 | 83.0% | -15.7% |
| 2006 | 78.0% | -6.0% |
| 2007 | 67.7% | -13.2% |
| 2008 | 76.5% | +13.0% |
| 2009 | 74.9% | -2.1% |
| 2010 | 108.2% | +44.4% |
| 2011 | 110.2% | +1.9% |
| 2012 | 96.2% | -12.7% |
| 2013 | 108.3% | +12.6% |
| 2014 | 111.8% | +3.3% |
| 2015 | 94.4% | -15.6% |
| 2016 | 85.8% | -9.1% |
| 2017 | 101.4% | +18.2% |
| 2018 | 99.0% | -2.4% |
| 2019 | 90.4% | -8.7% |
| 2020 | 118.8% | +31.5% |
| 2021 | 106.2% | -10.7% |
| 2022 | 114.8% | +8.1% |
| 2023 | 124.1% | +8.1% |
| 2024 | 114.5% | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 176.6% | 50.3% | 492.4% | 10 |
| 1980s | 133.3% | 63.2% | 218.0% | 10 |
| 1990s | 129.9% | 91.1% | 236.2% | 10 |
| 2000s | 82.6% | 65.9% | 123.0% | 10 |
| 2010s | 100.6% | 85.8% | 111.8% | 10 |
| 2020s | 115.7% | 106.2% | 124.1% | 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 short-term debt in Türkiye?
- Short-term debt in Türkiye was 114.5% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Türkiye?
- The highest recorded value was 492.4% in 1977.
- What is the lowest short-term debt recorded in Türkiye?
- The lowest recorded value was 50.3% in 1973.
- How does Türkiye rank for short-term debt?
- Türkiye ranks 10th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Türkiye?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
Download this data
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.