NEWS Finance        31/12/2020

Turkey’s gross external debt stock is USD 435.1 billion as of end of third quarter of 2020

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s gross external debt stock stood at USD 435.1 billion as of September 30th, 2020, 59.1% of Turkey’s GDP, and the net external debt stock stood at USD 262.2 billion, 35.6% of GDP. The private sector’s share in the country’s gross external debt stock was 56.9% at USD 247.7 billion, and 29.3% of the total gross external debt of the country consisted of short-term debts (with a maturity of less than one year).

 

State net debt stock was given as TL 941.1 billion (USD 121.4 billion), 19.8% of GDP, and EU-defined general government debt stock was TL 2,018.4 billion (USD 260.4 billion), 42.6% of GDP, as of September 30th, 2020.

 

Treasury guaranteed external debt stock was USD 14.7 billion as of the end of September 30th, 2020.



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