External Debt in Turkey decreased to 431034 USD Million in the first quarter of 2020 from 436921 USD Million in the fourth quarter of 2019.

External Debt in Turkey averaged 211783.99 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 July of 2020. source: Undersecretariat of Treasury, Turkey

External Debt in Turkey is expected to be 451000.00 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 481000.00 in 12 months time. In the long-term, the Turkey Total Gross External Debt is projected to trend around 495000.00 USD Million in 2021 and 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
431034.00 436921.00 467545.00 43911.00 1989 - 2020 USD Million Quarterly
Current Prices, NSA

Turkey Trade Last Previous Highest Lowest Unit
Balance of Trade -3420.00 -4560.00 24.51 -10453.06 USD Million [+]
Current Account -5062.00 -4844.00 3903.00 -9407.00 USD Million [+]
Current Account to GDP 1.20 -2.60 1.90 -8.90 percent [+]
Imports 13387.00 13553.33 23245.30 15.00 USD Million [+]
Exports 9967.00 8989.54 15940.39 7.10 USD Million [+]
External Debt 431034.00 436921.00 467545.00 43911.00 USD Million [+]
Terms of Trade 110.32 105.21 147.63 93.96 points [+]
Capital Flows 2303.00 7653.00 15220.00 -15701.00 USD Million [+]
Foreign Direct Investment 257.00 418.00 6571.00 46.00 USD Million [+]
Remittances 12.00 14.00 574.00 10.00 USD Million [+]
Tourism Revenues 788.00 1479.00 5244.00 79.00 USD Million [+]
Tourist Arrivals 29829.00 24238.00 6617380.00 24238.00 [+]
Gold Reserves 485.20 385.45 485.20 116.00 Tonnes [+]
Weapons Sales 364.00 245.00 364.00 3.00 USD Million [+]
Terrorism Index 6.53 7.04 7.52 4.62 [+]
Crude Oil Production 59.00 58.00 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..