Facts
- Government gross debt, % of GDP
- 23.7 % (2025)
- Fiscal balance, % of GDP
- -2.8 % (2025)
- GDP, current prices
- $1,602.9 bn (2025)
- Current account, % of GDP
- -1.9 % (2025)
- Debt level
- Below 30% of GDP
- Change in debt ratio, last 10 years
- −2.8 pp
- Central government debt, % of GDP (World Bank)
- 25.5 % (2024)
- ISO code
- TUR
Sources: US Treasury Fiscal Data — Debt to the Penny, MSPD (public domain), IMF World Economic Outlook, World Bank WDI (CC BY 4.0)
GDP, current prices ($ billions)
| Period | Value |
|---|---|
| 2025 | $1,602.9 bn |
| 2024 | $1,361.0 bn |
| 2023 | $1,153.3 bn |
| 2022 | $924.8 bn |
| 2021 | $827.7 bn |
| 2020 | $730.3 bn |
| 2019 | $775.2 bn |
| 2018 | $807.3 bn |
| 2017 | $863.9 bn |
| 2016 | $870.3 bn |
| 2015 | $868.2 bn |
| 2014 | $943.3 bn |
Current account balance, % of GDP
| Period | Value |
|---|---|
| 2025 | -1.9 % |
| 2024 | -1.0 % |
| 2023 | -3.6 % |
| 2022 | -5.0 % |
| 2021 | -0.9 % |
| 2020 | -4.2 % |
| 2019 | 1.9 % |
| 2018 | -1.8 % |
| 2017 | -4.1 % |
| 2016 | -2.5 % |
| 2015 | -2.5 % |
| 2014 | -3.4 % |
Government gross debt, % of GDP
| Period | Value |
|---|---|
| 2025 | 23.7 % |
| 2024 | 23.6 % |
| 2023 | 28.3 % |
| 2022 | 29.4 % |
| 2021 | 38.9 % |
| 2020 | 38.3 % |
| 2019 | 31.2 % |
| 2018 | 28.8 % |
| 2017 | 26.9 % |
| 2016 | 27.0 % |
| 2015 | 26.5 % |
| 2014 | 27.4 % |
Net lending / borrowing, % of GDP
| Period | Value |
|---|---|
| 2025 | -2.8 % |
| 2024 | -5.0 % |
| 2023 | -5.6 % |
| 2022 | -1.4 % |
| 2021 | -3.4 % |
| 2020 | -5.0 % |
| 2019 | -5.2 % |
| 2018 | -3.7 % |
| 2017 | -2.4 % |
| 2016 | -2.3 % |
| 2015 | -1.0 % |
| 2014 | -1.3 % |
Central government debt, % of GDP (World Bank)
| Period | Value |
|---|---|
| 2024 | 25.5 |
| 2023 | 31.1 |
| 2022 | 35.3 |
| 2021 | 41.6 |
| 2020 | 41.0 |
| 2019 | 33.5 |
| 2018 | 29.4 |
| 2017 | 29.6 |
| 2016 | 30.1 |
| 2015 | 29.1 |
| 2014 | 31.1 |
| 2013 | 31.8 |