Turkey External Debt

External Debt in Turkey increased to 388243 USD Million in the fourth quarter of 2013 from 372652 USD Million in the third quarter of 2013. External Debt in Turkey is reported by the Undersecretariat of Treasury, Turkey. External Debt in Turkey averaged 156227.62 USD Million from 1989 until 2013, reaching an all time high of 388243 USD Million in the fourth quarter of 2013 and a record low of 43911 USD Million in the fourth quarter of 1989. In Turkey, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Turkey External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
388243.00 372652.00 388243.00 43911.00 398334.40 | 2014/03 1989 - 2013 USD Million Quarterly
Current Prices, NSA

TO

Turkey External Debt
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Current Account -3191.00 2014-02-15 -4930.00 1132.00 -9518.00 -3644.42 2014-03-31 USD Million [+]
Current Account to GDP -6.10 2012-12-31 -9.70 2.00 -9.70 -6.17 2013-12-31 Percent [+]
External Debt 388243.00 2013-12-31 372652.00 388243.00 43911.00 398334.40 2014-03-31 USD Million [+]
Foreign Direct Investment 12387.00 2012-12-31 15904.00 22046.00 1800.00 10110.49 2013-12-31 USD Million [+]
Remittances 60.00 2014-02-15 72.00 574.00 43.00 55.10 2014-02-28 USD Million [+]
Terms of Trade 98.78 2014-02-15 100.55 147.63 93.96 99.61 2014-02-28 Index Points [+]
Tourist Arrivals 1352184.00 2014-02-15 1146815.00 4945999.00 213998.00 1909918.04 2014-03-31 [+]
Balance of Trade -5099.79 2014-02-15 -6849.60 24.51 -10453.06 -6358.72 2014-03-31 USD Million [+]
Exports 13150.45 2014-02-15 12442.45 14198.49 7.10 13426.31 2014-03-31 USD Million [+]
Imports 18250.25 2014-02-15 19292.05 23245.30 15.00 18729.02 2014-03-31 USD Million [+]
[+]


External Debt | Notes
External debt is a part of the total debt that is owed to creditors outside the country.


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In February of 2014, Turkish annual inflation rate accelerated for the third straight month to 7.89 percent from 7.75 percent in the previous month. On a monthly basis, prices decelerated to 0.43 percent, following a 1.98 percent rise a month earlier.
Turkish Trade Deficit Narrows in January  
Turkey’s trade deficit decreased in January of 2014, to USD -6.8 billion from USD -7.3 billion a year earlier and USD 9.9 billion in December of 2013. Exports to the European Union increased by 13.7 percent with Germany as the main exports’ partner and Russia as the top country for imports.
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At its February 18th, 2014 meeting, the Central Bank of Turkey decided to leave the benchmark repo rate on hold at 10 percent and the overnight lending rate at 12 percent. Last month, the central bank rose rates sharply aiming to stabilize the lira.
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