Turkey - Outstanding Public Debt

Turkey: Outstanding Public Debt

Mnemonic GDBT.ITUR
Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 1.36 %
Data 2022 Q2 444,392
2022 Q1 450,505

Series Information

Source Turkish Treasury
Release External Debt
Frequency Quarterly
Start Date 12/31/1989
End Date 6/30/2022

Turkey: Government

Reference Last Previous Units Frequency
Government Budget Balance Oct 2022 -85,529,198 -77,858,601 Ths. TRY, NSA Monthly
Government Expenditures Oct 2022 307,207,604 279,856,341 Ths. TRY, NSA Monthly
Government Revenues Oct 2022 221,678,406 201,997,740 Ths. TRY, NSA Monthly
Outstanding Public Debt 2022 Q2 444,392 450,505 Mil. USD, NSA Quarterly
Outstanding Public Debt - Foreign 2022 Q2 444,392 450,505 Mil. USD, NSA Quarterly
Outstanding Public Debt - Domestic Sep 2018 -8,186,944 -7,392,362 Ths TRY, NSA Monthly

Release Information

Select external debt indicators for Turkey: Short-term, long-term, public sector, ratios. Annual 1965 to 2015, quarterly from 1989.

The International Monetary Fund writes:

Gross external debt, at any given time, is the outstanding amount of those actual current, and not contingent, liabilities that require payment(s) of principal and/or interest by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy. The main criterion for a liability to be included in the gross external debt of the country is that it is issued by a resident and is owed to a non-resident, regardless of whether it is issued on domestic or international, money or capital markets. The same principle is applied for transactions - only those between residents and non-residents are recorded. In the debt tables the BNB records only the amount of tranches actually disbursed.

The series contain Total Outstanding Debt which is expressed in billions of US dollars. Data are published on quarterly basis and are not seasonally adjusted.

Gross external debt of Turkey, at a given time, consists of the outstanding amount of those actual current, and not contingent liabilities owed to nonresidents of the Central Bank (CBRT), public and private sector institutions and households of Turkey. The only exception for the nonresidency comes with the bonds.

The debt amount of the bonds monitored according to the primary market issue information. That is, the outstanding amount of a loan is not adjusted accourding to the secondary market change of hands between residents and nonresidents. Debt stock of the public institutions that are privatized are classified under "private sector" beginning from date of privatization. Data is provisional at the firts release.


The gross external debt is generally released at the last day of the months, March, June, September and December every year.  If these dates coincide with weekends or national holidays, the data is disseminated on the previous work day.