Turkey recorded a Government Debt to GDP of 24.70 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Turkey averaged 40.42 percent of GDP from 2000 until 2024, reaching an all time high of 75.50 percent of GDP in 2001 and a record low of 24.70 percent of GDP in 2024. source: Undersecretariat of Treasury, Turkey

Government Debt to GDP in Turkey is expected to reach 25.10 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Government Debt to GDP is projected to trend around 25.60 percent of GDP in 2027 and 27.00 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 1460.42 1329.23 TRY Billion Mar 2026
Government Budget -4.90 -5.20 percent of GDP Dec 2024
Budget Balance -229.90 24.40 TRY Billion Mar 2026
Central Government Debt 14446900.00 14395800.00 TRY Million Mar 2026
Government Debt to GDP 24.70 29.30 percent of GDP Dec 2024
Government Revenues 1230.55 1353.59 TRY Billion Mar 2026
Treasury Cash Balance -251242.00 -279580.00 TRY Million Apr 2026


Turkey Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
24.70 29.30 75.50 24.70 2000 - 2024 percent of GDP Yearly