Public Debt in Turkey
Public debt in Turkey averaged 30.7% of GDP in the decade to 2024, below the average for South-Eastern Europe of 57.1% of GDP. Public debt in 2024 was 24.7% of GDP. For more information on public debt, visit our dedicated page.
Turkey Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Turkey from 2014 to 2024.
Source: Macrobond.
Turkey Public Debt Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 39.4 | 40.4 | 30.8 | 29.3 | 24.7 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Turkish public debt projections for the next ten years from a panel of 14 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Turkish public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Turkish public debt projections.
Want to get access to the full dataset of Turkish public debt forecasts? Send an email to info@focus-economics.com.