Turkey Government Debt to GDP — 2026 Data & Trend
Turkey's government debt was 25.51% in December 2024, down from 31.12% the previous year. A year earlier it stood at 31.12%.
Turkey's government debt stands at 25.51% as of December 2024. The government debt currently sits at 25.51% (down from 31.12% in the prior year). Across the tracked window it has ranged between 25.51% and 48.49%, and is 5.61% lower than a year ago.
The trend
Among the 121 economies tracked on this platform, Turkey ranks #105 on government debt by latest value. It fell from 31.12% in the previous year, and compares with a year-earlier 31.12%.
What's driving it
The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.
Recent readings
| Period | Government debt |
|---|---|
| Dec 2024 | 25.51% |
| Dec 2023 | 31.12% |
| Dec 2022 | 35.33% |
| Dec 2021 | 41.64% |
| Dec 2020 | 41.04% |
| Dec 2019 | 33.46% |
| Dec 2018 | 29.40% |
| Dec 2017 | 29.57% |
Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
How Much Government Debt Does Turkey Have in 2026?
Turkey's government debt was 25.51% in December 2024, down from 31.12% the previous year. A year earlier it stood at 31.12%.
Is the government debt rising or falling in Turkey?
It fell in the latest reading — 25.51% in December 2024 versus 31.12% a year earlier. Year on year it is lower.
What is government debt?
It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).