Private Debt to GDP in Turkey decreased to 116.70 percent in 2024 from 125.90 percent in 2023. Private Debt to GDP in Turkey averaged 137.67 percent from 2010 until 2024, reaching an all time high of 167.90 percent in 2021 and a record low of 112.80 percent in 2011. source: OECD
Private Debt to GDP in Turkey is expected to reach 115.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Private Debt to GDP is projected to trend around 112.00 percent in 2026 and 110.00 percent in 2027, according to our econometric models.