According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,336.2 billion (USD 223.4 billion) as of January 31st, 2020, an increase of 0.6% compared to the previous month in Turkish lira value.
This debt stock represents the outstanding debt of public sector institutions and the Central Bank. The US dollar/Turkish lira exchange rate was TL 5.98 at the end of January 2020 and TL 5.94 at the end of December 2019. The rate was TL 5.28 at the end of 2018.
Of the total gross debt stock, TL 674.8 billion (USD 112.8 billion), or 50.50%, was denominated in Turkish liras while TL 661.4 billion (USD 110.6 billion), or 49.50%, was in foreign currency.