External debt — all countries

External debt — Türkiye

External debt in Türkiye in 2024 — 514,989,218,111 US$. Ranked 114 in the world out of 118. Since 1970, the indicator has risen by 18,651.1%.

2024 515B US$ +3.04% vs 2023
World rank 114of 118
Period maximum 515B US$2024
Period minimum 2.75B US$1970

Trend over time

1970–2024 · US$

External debt — Türkiye, 1970–20240200B400B600B19701976198219881994200020062012201820241970: 2,746,453,200 US$1971: 3,287,188,317 US$1972: 3,554,569,348 US$1973: 4,204,209,180 US$1974: 4,632,821,915 US$1975: 5,058,841,387 US$1976: 6,001,284,290 US$1977: 11,452,264,699 US$1978: 14,854,969,076 US$1979: 15,928,443,383 US$1980: 19,131,092,825 US$1981: 19,235,548,687 US$1982: 19,715,948,885 US$1983: 20,324,049,084 US$1984: 21,607,735,275 US$1985: 26,012,647,741 US$1986: 32,933,723,354 US$1987: 40,943,579,865 US$1988: 40,992,842,916 US$1989: 41,577,128,630 US$1990: 49,424,152,195 US$1991: 50,873,488,640 US$1992: 56,553,858,154 US$1993: 68,604,763,966 US$1994: 66,249,185,120 US$1995: 73,781,102,424 US$1996: 80,624,816,759 US$1997: 84,719,917,065 US$1998: 96,953,865,166 US$1999: 101,784,260,990 US$2000: 116,799,280,014 US$2001: 112,946,289,541 US$2002: 131,758,157,348 US$2003: 148,358,747,087 US$2004: 165,473,833,919 US$2005: 178,256,802,925 US$2006: 217,543,154,937 US$2007: 268,694,180,714 US$2008: 294,446,615,925 US$2009: 285,999,746,317 US$2010: 316,646,701,768 US$2011: 320,983,526,167 US$2012: 353,395,551,600 US$2013: 402,178,071,208 US$2014: 413,804,313,727 US$2015: 399,458,974,329 US$2016: 398,941,852,378 US$2017: 446,932,919,002 US$2018: 425,763,850,699 US$2019: 414,340,675,662 US$2020: 429,283,302,462 US$2021: 434,872,791,579 US$2022: 455,963,245,505 US$2023: 499,814,231,477 US$2024: 514,989,218,111 US$
Change over the period: +512B (+18,651.06%) Average annual rate: 10.18 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Türkiye

Türkiye 515B US$
Upper-middle-income countries computed 6.08T US$
External debt — Türkiye, by year Türkiye All countries CSV XLSX
Year US$ Change Change, %
2024 515B +15.17B +3.04%
2023 500B +43.85B +9.62%
2022 456B +21.09B +4.85%
2021 435B +5.59B +1.3%
2020 429B +14.94B +3.61%
2019 414B −11.42B −2.68%
2018 426B −21.17B −4.74%
2017 447B +47.99B +12.03%
2016 399B −517M −0.13%
2015 399B −14.35B −3.47%
2014 414B +11.63B +2.89%
2013 402B +48.78B +13.8%
2012 353B +32.41B +10.1%
2011 321B +4.34B +1.37%
2010 317B +30.65B +10.72%
2009 286B −8.45B −2.87%
2008 294B +25.75B +9.58%
2007 269B +51.15B +23.51%
2006 218B +39.29B +22.04%
2005 178B +12.78B +7.73%
2004 165B +17.12B +11.54%
2003 148B +16.6B +12.6%
2002 132B +18.81B +16.66%
2001 113B −3.85B −3.3%
2000 117B +15.02B +14.75%
1999 102B +4.83B +4.98%
1998 96.95B +12.23B +14.44%
1997 84.72B +4.1B +5.08%
1996 80.62B +6.84B +9.28%
1995 73.78B +7.53B +11.37%
1994 66.25B −2.36B −3.43%
1993 68.6B +12.05B +21.31%
1992 56.55B +5.68B +11.17%
1991 50.87B +1.45B +2.93%
1990 49.42B +7.85B +18.87%
1989 41.58B +584M +1.43%
1988 40.99B +49.26M +0.12%
1987 40.94B +8.01B +24.32%
1986 32.93B +6.92B +26.61%
1985 26.01B +4.4B +20.39%
1984 21.61B +1.28B +6.32%
1983 20.32B +608M +3.08%
1982 19.72B +480M +2.5%
1981 19.24B +104M +0.55%
1980 19.13B +3.2B +20.11%
1979 15.93B +1.07B +7.23%
1978 14.85B +3.4B +29.71%
1977 11.45B +5.45B +90.83%
1976 6B +942M +18.63%
1975 5.06B +426M +9.2%
1974 4.63B +429M +10.19%
1973 4.2B +650M +18.28%
1972 3.55B +267M +8.13%
1971 3.29B +541M +19.69%
1970 2.75B

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Total external debt: the liabilities of a country's residents to non-residents in foreign and in national currency, covering public, publicly guaranteed and private debt. It differs from government debt fundamentally — it includes the borrowing of banks and corporations that the government does not guarantee but that turns out to be its problem in a crisis all the same.

Important: Only middle- and low-income countries report to the World Bank Debtor Reporting System, so the table holds about 130 of them. Aggregates for country groups are not computed: the sum over those present is the debt of developing countries, not of the world.

Source: World Development Indicators (World Bank), license CC BY 4.0.