NEWS Finance        31/03/2020

Turkey’s gross external debt stock is USD 436.9 billion as of yearend 2019

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s gross external debt stock stood at USD 436.9 billion as of yearend 2019, 58% of Turkey’s GDP, and the net external debt stock stood at USD 244.6 billion, 32.5% of GDP. The private sector’s share in the country’s gross external debt stock was 62.6%, and 28.3% 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 693.1 billion (USD 116.7 billion), 16.2% of GDP, and EU-defined general government debt stock was TL 1,418.2 billion (USD 238.8 billion), 33.1% of GDP, as of yearend 2019.

 

Treasury guaranteed external debt stock was USD 14.4 billion as of the end of yearend 2019.



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