External Debt in Turkey increased to 435121 USD Million in the third quarter of 2020 from 421826 USD Million in the second quarter of 2020. source: Undersecretariat of Treasury, Turkey

External Debt in Turkey averaged 215278.98 USD Million from 1989 until 2020, reaching an all time high of 467545 USD Million in the first quarter of 2018 and a record low of 43911 USD Million in the fourth quarter of 1989. This page provides - Turkey External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Total Gross External Debt - values, historical data and charts - was last updated on February of 2021.

External Debt in Turkey is expected to be 475000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate External Debt in Turkey to stand at 495000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 520000.00 USD Million in 2022, according to our econometric models.

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Turkey Total Gross External Debt

Actual Previous Highest Lowest Dates Unit Frequency
435121.00 421826.00 467545.00 43911.00 1989 - 2020 USD Million Quarterly
Current Prices, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -4530.39 -5053.91 24.51 -10453.06 USD Million [+]
Current Account -3210.00 -3633.00 3803.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 22380.73 21128.18 23245.30 15.00 USD Million [+]
Exports 17850.35 16075.09 17850.35 7.10 USD Million [+]
External Debt 435121.00 421826.00 467545.00 43911.00 USD Million [+]
Terms of Trade 105.19 107.47 147.63 93.96 points [+]
Capital Flows 1330.00 -2478.00 7145.00 -9575.00 USD Million [+]
Foreign Direct Investment 87.00 361.00 6571.00 46.00 USD Million [+]
Remittances 20.00 20.00 574.00 8.00 USD Million [+]
Tourism Revenues 3914.00 4044.00 14031.00 294.00 USD Million [+]
Tourist Arrivals 699330.00 833991.00 6617380.00 24238.00 Persons [+]
Gold Reserves 561.03 583.00 583.00 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.11 6.53 7.52 4.62 [+]
Crude Oil Production 64.00 63.00 72.00 38.00 BBL/D/1K [+]


Turkey Total Gross External Debt
In Turkey, external debt is a part of the total debt that is owed to creditors outside the country..