Debt service on external debt, total in Turkey
Turkey: Debt service on external debt, total was 89.57 billion TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Turkey, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, debt service on external debt, total in Turkey stood at 89.57 billion TDS, current US$. That is the highest value across all 55 years on record.
The figure is up 17.2% on the previous year and up 52.6% over ten years.
Over the whole period, debt service on external debt, total in Turkey peaked at 89.57 billion TDS, current US$ in 2024 and was at its lowest, 177.21 million TDS, current US$, in 1970.
That places Turkey 4th out of 121 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 578.82 million TDS, current US$ | 177.21 million TDS, current US$ | 1.35 billion TDS, current US$ | 10 |
| 1980s | 4.30 billion TDS, current US$ | 1.61 billion TDS, current US$ | 7.53 billion TDS, current US$ | 10 |
| 1990s | 11.15 billion TDS, current US$ | 7.42 billion TDS, current US$ | 18.61 billion TDS, current US$ | 10 |
| 2000s | 38.35 billion TDS, current US$ | 20.69 billion TDS, current US$ | 63.12 billion TDS, current US$ | 10 |
| 2010s | 68.70 billion TDS, current US$ | 55.81 billion TDS, current US$ | 86.74 billion TDS, current US$ | 10 |
| 2020s | 79.12 billion TDS, current US$ | 69.32 billion TDS, current US$ | 89.57 billion TDS, current US$ | 5 |
Countries ranked near Turkey
More external debt data for Turkey
- IFC, private nonguaranteed -70.07 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 2.2% (2024)
- Net financial flows, IDA -924,000 NFL, current US$ (2022)
- Net financial flows, IBRD 460.57 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.7% (2024)
- Multilateral debt service 13.4% (2024)
- Multilateral debt service 3.96 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 29.66 billion TDS, current US$ (2024)
- IMF repurchases and charges 282.88 million TDS, current US$ (2024)
- PPG, official creditors 3.06 billion NFL, US$ (2024)
Frequently asked questions
- What is debt service on external debt, total in Turkey?
- Debt service on external debt, total in Turkey was 89.57 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Turkey?
- The highest recorded value was 89.57 billion TDS, current US$ in 2024.
- What is the lowest debt service on external debt, total recorded in Turkey?
- The lowest recorded value was 177.21 million TDS, current US$ in 1970.
- How does Turkey rank for debt service on external debt, total?
- Turkey ranks 4th out of 121 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Turkey?
- Over the last ten years it is up 52.6%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.