National Debt (% of GDP): Turkey
Turkey's national debt (% of gdp) is currently 25.1% as of 2026. # Turkey National Debt (% of GDP) Turkey's national debt stands at 25.
Current (2026)
25.1%
+3.3% y/y
Peak (2001)
75.3%
Low (2024)
24.0%
Source
IMF World Economic Outlook
2000–2026 · 31 pts
National Debt (% of GDP) — Turkey
2000 — 2026
National Debt (% of GDP) — Turkey
Analysis# Turkey National Debt (% of GDP)
Turkey's national debt stands at 25.1% of GDP in 2026, reflecting a dramatic recovery from its all-time peak of 75.3% in 2001. The country has reduced its debt burden by 51 percentage points over the past quarter-century, though the current level remains marginally above the all-time low of 24% recorded in 2024. This substantial improvement represents one of Turkey's most significant fiscal achievements since 2000.
The 2020-2021 period marked a temporary setback, when debt surged to 39.4% following pandemic-related spending. However, aggressive fiscal consolidation reversed this trend, with debt dropping sharply from 38.7% in 2020 to 24% by 2024. The projected slight uptick to 25.1% in 2026 suggests stabilization rather than deterioration, positioning Turkey's debt-to-GDP ratio well below levels seen throughout the 2010s.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 25.9% | -1.52% |
| 2029 | 26.3% | +0.77% |
| 2028 | 26.1% | +0.38% |
| 2027 | 26.0% | +3.59% |
| 2026 | 25.1% | +3.29% |
| 2025 | 24.3% | +1.25% |
| 2024 | 24.0% | -16.38% |
| 2023 | 28.7% | -4.97% |
| 2022 | 30.2% | -23.35% |
| 2021 | 39.4% | +1.81% |
| 2020 | 38.7% | +21.70% |
| 2019 | 31.8% | +7.80% |
| 2018 | 29.5% | +6.88% |
| 2017 | 27.6% | -0.36% |
| 2016 | 27.7% | +2.21% |
| 2015 | 27.1% | -3.90% |
| 2014 | 28.2% | -8.44% |
| 2013 | 30.8% | -4.05% |
| 2012 | 32.1% | -10.08% |
| 2011 | 35.7% | -8.93% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 39.2% | -8.62% |
| 2009 | 42.9% | +14.40% |
| 2008 | 37.5% | +0.00% |
| 2007 | 37.5% | -14.77% |
| 2006 | 44.0% | -12.00% |
| 2005 | 50.0% | -12.28% |
| 2004 | 57.0% | -12.31% |
| 2003 | 65.0% | -8.84% |
| 2002 | 71.3% | -5.31% |
| 2001 | 75.3% | +47.07% |
| 2000 | 51.2% | — |
Related Data
Other Metrics
For Turkey
Compare National Debt
Same metric, other countries
Demographics
People & population data