Turkey - Outstanding Public Debt - Foreign

Turkey: Outstanding Public Debt - Foreign

Unit Mil. USD, NSA
Adjustments Not Seasonally Adjusted
Quarterly 3.66 %
Data 2021 Q2 446,438
2021 Q1 430,689

Series Information

Source Turkish Treasury
Release External Debt
Frequency Quarterly
Start Date 12/31/1989
End Date 6/30/2021

Turkey: Government

Reference Last Previous Units Frequency
Government Budget Balance Oct 2021 -17,113,694 -23,094,162 Ths. TRY, NSA Monthly
Government Expenditures Oct 2021 129,194,142 138,243,682 Ths. TRY, NSA Monthly
Government Revenues Oct 2021 112,080,448 115,149,520 Ths. TRY, NSA Monthly
Outstanding Public Debt 2021 Q2 446,438 430,689 Mil. USD, NSA Quarterly
Outstanding Public Debt - Foreign 2021 Q2 446,438 430,689 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.