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 25.30 percent of GDP by the end of 2025, 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 25.10 percent of GDP in 2026 and 24.80 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Fiscal Expenditure 1792.03 1250.10 TRY Billion Dec 2025
Government Budget -4.90 -5.20 percent of GDP Dec 2024
Budget Balance -528.10 169.50 TRY Billion Dec 2025
Central Government Debt 13656000.00 13325000.00 TRY Million Dec 2025
Government Debt to GDP 24.70 29.30 percent of GDP Dec 2024
Government Revenues 1263.89 1419.59 TRY Billion Dec 2025
Treasury Cash Balance -246000.00 -333820.00 TRY Million Jan 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