Total debt service in Türkiye
Türkiye: Total debt service was 6.7% in 2024. ▲ Rising
Total debt service in Türkiye, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Türkiye recorded 6.7% for total debt service in 2024.
The figure is down 1.3% on the previous year and up 6.3% over ten years.
Over the whole period, total debt service in Türkiye peaked at 11.9% in 2020 and was at its lowest, 0.7%, in 1974.
Türkiye ranks 33rd of 122 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in Türkiye, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 1.0% | — |
| 1971 | 1.2% | +21.2% |
| 1972 | 1.6% | +29.9% |
| 1973 | 0.9% | -44.7% |
| 1974 | 0.7% | -15.7% |
| 1975 | 0.8% | +12.3% |
| 1976 | 1.2% | +40.6% |
| 1977 | 1.6% | +41.6% |
| 1978 | 2.1% | +26.3% |
| 1979 | 1.5% | -26.7% |
| 1980 | 2.4% | +57.0% |
| 1981 | 3.4% | +44.9% |
| 1982 | 4.7% | +37.2% |
| 1983 | 5.2% | +10.2% |
| 1984 | 5.5% | +6.0% |
| 1985 | 7.0% | +27.0% |
| 1986 | 6.1% | -13.5% |
| 1987 | 7.0% | +16.0% |
| 1988 | 8.5% | +21.2% |
| 1989 | 6.8% | -20.6% |
| 1990 | 5.0% | -26.0% |
| 1991 | 5.6% | +11.5% |
| 1992 | 5.8% | +3.9% |
| 1993 | 4.8% | -16.6% |
| 1994 | 8.1% | +66.3% |
| 1995 | 4.9% | -38.6% |
| 1996 | 4.4% | -10.9% |
| 1997 | 4.6% | +3.6% |
| 1998 | 5.5% | +19.8% |
| 1999 | 7.4% | +34.3% |
| 2000 | 7.6% | +4.0% |
| 2001 | 11.3% | +48.2% |
| 2002 | 11.8% | +4.0% |
| 2003 | 9.1% | -22.5% |
| 2004 | 8.1% | -11.5% |
| 2005 | 8.2% | +2.0% |
| 2006 | 7.5% | -9.5% |
| 2007 | 7.3% | -2.0% |
| 2008 | 7.3% | -0.1% |
| 2009 | 9.8% | +33.7% |
| 2010 | 7.7% | -20.9% |
| 2011 | 7.0% | -9.4% |
| 2012 | 6.6% | -6.3% |
| 2013 | 6.8% | +2.9% |
| 2014 | 6.3% | -7.0% |
| 2015 | 6.5% | +3.8% |
| 2016 | 8.8% | +34.7% |
| 2017 | 10.2% | +15.7% |
| 2018 | 10.7% | +5.6% |
| 2019 | 11.3% | +4.8% |
| 2020 | 11.9% | +5.7% |
| 2021 | 8.9% | -24.9% |
| 2022 | 7.6% | -15.4% |
| 2023 | 6.8% | -10.5% |
| 2024 | 6.7% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.3% | 0.7% | 2.1% | 10 |
| 1980s | 5.7% | 2.4% | 8.5% | 10 |
| 1990s | 5.6% | 4.4% | 8.1% | 10 |
| 2000s | 8.8% | 7.3% | 11.8% | 10 |
| 2010s | 8.2% | 6.3% | 11.3% | 10 |
| 2020s | 8.4% | 6.7% | 11.9% | 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 total debt service in Türkiye?
- Total debt service in Türkiye was 6.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Türkiye?
- The highest recorded value was 11.9% in 2020.
- What is the lowest total debt service recorded in Türkiye?
- The lowest recorded value was 0.7% in 1974.
- How does Türkiye rank for total debt service?
- Türkiye ranks 33rd out of 122 countries with data for 2024.
- Is total debt service rising or falling in Türkiye?
- Over the last ten years it is up 6.3%. The long-run trend across the full record is rising.
- Where does this Türkiye data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.