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.