Turkey Private Debt: % of Nominal GDP
1998 - 2024 | Quarterly | % | CEIC Data
Key information about Turkey Private Debt: % of Nominal GDP
- Turkey Private Debt accounted for 29.57 % of its Nominal GDP in Sep 2024, compared with a ratio of 30.60 % in the previous quarter
- Turkey Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 1998 to Sep 2024, with an average share of 34.49 %
- The data reached an all-time high of 58.70 % in Sep 2020 and a record low of 8.77 % in Sep 2002
CEIC calculates quarterly Private Debt as % of Nominal GDP from monthly Private Debt and quarterly Nominal GDP. The Central Bank of the Republic of Turkey provides Private Debt in local currency. Turkish Statistical Institute provides Nominal GDP in local currency.
View Turkey's Private Debt: % of Nominal GDP from Dec 1998 to Sep 2024 in the chart:
What was Turkey's Private Debt: % of Nominal GDP in Sep 2024?
Turkey Private Debt accounted for 29.57 % of its Nominal GDP in Sep 2024, compared with a ratio of 30.60 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 29.57 Sep 2024 | 30.60 Jun 2024 | 8.77 Sep 2002 | 58.70 Sep 2020 | % | quarterly | Dec 1998 - Sep 2024 |
Private Debt: % of Nominal GDP by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 30.87 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Algeria (%) | 18.25 Mar 2024 | quarterly | Jun 2006 - Mar 2024 |
| Argentina (%) | 10.31 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Armenia (%) | 53.77 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Australia (%) | 125.28 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Austria (%) | 90.47 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Azerbaijan (%) | 24.17 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Bahrain (%) | 62.48 Sep 2023 | quarterly | Mar 2008 - Sep 2023 |
| Bangladesh (%) | 32.34 2024 | yearly | 1974 - 2024 |
| Belarus (%) | 20.26 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Belgium (%) | 66.73 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Bolivia (%) | 68.36 Jun 2024 | quarterly | Dec 1997 - Jun 2024 |
| Bosnia and Herzegovina (%) | 45.44 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Botswana (%) | 30.03 Sep 2024 | quarterly | Dec 2002 - Sep 2024 |
| Brazil (%) | 52.23 Dec 2024 | quarterly | Mar 2012 - Dec 2024 |
| Brunei (%) | 27.99 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Bulgaria (%) | 50.40 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Cambodia (%) | 111.76 2022 | yearly | 2008 - 2022 |
| Canada (%) | 212.59 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
| Chile (%) | 71.09 Sep 2024 | quarterly | Sep 2012 - Sep 2024 |
| China (%) | 195.45 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Colombia (%) | 40.31 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Croatia (%) | 46.81 Sep 2024 | quarterly | Dec 2008 - Sep 2024 |
| Cyprus (%) | 59.37 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Czech Republic (%) | 47.70 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 27.98 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Ecuador (%) | 54.12 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Egypt (%) | 25.15 Sep 2024 | quarterly | Jun 2002 - Sep 2024 |
| Estonia (%) | 59.05 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| European Union (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Finland (%) | 91.50 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| France (%) | 106.74 Dec 2024 | quarterly | Mar 1980 - Dec 2024 |
| Georgia (%) | 65.27 Sep 2024 | quarterly | Dec 1996 - Sep 2024 |
| Germany (%) | 74.62 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Ghana (%) | 8.99 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Greece (%) | 50.93 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Hong Kong SAR, China (%) | 199.08 Sep 2024 | quarterly | Dec 1973 - Sep 2024 |
| Hungary (%) | 53.60 Sep 2024 | quarterly | Dec 2015 - Sep 2024 |
| Iceland (%) | 91.74 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| India (%) | 51.51 Mar 2022 | quarterly | Mar 1997 - Mar 2022 |
| Indonesia (%) | 30.77 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Iran (%) | 60.30 2016 | yearly | 1961 - 2016 |
| Ireland (%) | 25.61 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Israel (%) | 111.46 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Italy (%) | 59.03 Sep 2024 | quarterly | Jun 1998 - Sep 2024 |
| Ivory Coast (%) | 22.44 2023 | yearly | 2016 - 2023 |
| Japan (%) | 122.99 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Jordan (%) | 80.63 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Kazakhstan (%) | 24.88 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Kenya (%) | 28.65 Jun 2024 | quarterly | Dec 2009 - Jun 2024 |
| South Korea (%) | 162.16 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Kosovo (%) | 53.90 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Kuwait (%) | 104.60 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Kyrgyzstan (%) | 22.80 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Laos (%) | 56.65 2023 | yearly | 2012 - 2023 |
| Latvia (%) | 28.01 Sep 2024 | quarterly | Sep 2003 - Sep 2024 |
| Lebanon (%) | 102.16 2017 | yearly | 1988 - 2017 |
| Lithuania (%) | 35.23 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Luxembourg (%) | 88.31 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Macau SAR, China (%) | 131.51 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| North Macedonia (%) | 49.85 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| Malawi (%) | 7.49 2023 | yearly | 2017 - 2023 |
| Malaysia (%) | 115.78 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Malta (%) | 63.14 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Mauritius (%) | 68.00 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Mexico (%) | 20.21 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Moldova (%) | 22.93 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
| Mongolia (%) | 43.25 Sep 2024 | quarterly | Dec 2010 - Sep 2024 |
| Montenegro (%) | 45.02 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Morocco (%) | 55.72 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Mozambique (%) | 18.16 2023 | yearly | 2001 - 2023 |
| Myanmar (%) | 28.98 2020 | yearly | 1960 - 2020 |
| Nepal (%) | 74.44 2024 | yearly | 2003 - 2024 |
| Netherlands (%) | 81.65 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| New Zealand (%) | 136.01 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Nigeria (%) | 20.83 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Norway (%) | 120.33 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Oman (%) | 103.20 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Pakistan (%) | 8.02 2024 | yearly | 2005 - 2024 |
| Palestinian Territory (%) | 67.53 Sep 2024 | quarterly | Dec 2013 - Sep 2024 |
| Panama (%) | 69.77 Sep 2024 | quarterly | Dec 2007 - Sep 2024 |
| Paraguay (%) | 40.81 Sep 2023 | quarterly | Dec 1994 - Sep 2023 |
| Peru (%) | 34.07 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Philippines (%) | 48.19 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Poland (%) | 33.77 Sep 2024 | quarterly | Dec 2009 - Sep 2024 |
| Portugal (%) | 72.82 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Qatar (%) | 114.45 Sep 2024 | quarterly | Dec 2011 - Sep 2024 |
| Romania (%) | 22.66 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Russia (%) | 56.28 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Saudi Arabia (%) | 67.34 Sep 2024 | quarterly | Dec 2003 - Sep 2024 |
| Serbia (%) | 32.96 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Singapore (%) | 127.40 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Slovakia (%) | 59.84 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Slovenia (%) | 36.33 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| South Africa (%) | 66.59 Sep 2024 | quarterly | Mar 1965 - Sep 2024 |
| Spain (%) | 71.68 Dec 2024 | quarterly | Mar 2003 - Dec 2024 |
| Sri Lanka (%) | 25.02 Jun 2024 | quarterly | Dec 2010 - Jun 2024 |
| Sudan (%) | 5.64 2022 | yearly | 1960 - 2022 |
| Sweden (%) | 124.24 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Switzerland (%) | 165.18 Sep 2024 | quarterly | Dec 1996 - Sep 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.0 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | -26,750.482 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| Tax Revenue (USD mn) | 23,824.103 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
| Government Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
| Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
| Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
| General Budget: Revenue (TRY mn) | 882,732.090 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: Expenditure (TRY mn) | 1,210,986.550 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: Cash Balance (TRY mn) | -323,904.460 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 8,939,364,029.950 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue: Tax (TRY th) | 6,597,108,972.372 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 442,126,776.060 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,783,551,890.205 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 2,290,824,265.626 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| General Budget: ytd: Balance (TRY th) | -2,255,494,861.003 Dec 2024 | monthly | Jan 2006 - Dec 2024 |
| General Budget: ytd: Revenue (TRY th) | 7,618,404,307.406 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
| Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
| Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 1,498.784 Dec 2024 | monthly | Apr 1964 - Dec 2024 |
| Total Imports from USA (USD mn) | 1,390.344 Dec 2024 | monthly | Apr 1964 - Dec 2024 |
| Total Exports to China (USD mn) | 319.437 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
| Total Imports from China (USD mn) | 3,880.739 Dec 2024 | monthly | Sep 1992 - Dec 2024 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.8 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Household Debt: % of GDP (%) | 10.0 Sep 2024 | quarterly | Dec 2014 - Sep 2024 |
| Non-Performing Loans (USD mn) | 8,326.502 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Money Supply M1 (USD mn) | 178,803.994 Dec 2024 | monthly | Dec 1963 - Dec 2024 |
| Money Supply M2 (USD mn) | 498,793.709 Dec 2024 | monthly | Dec 1976 - Dec 2024 |
| M2 Growth (%) | 28.7 Dec 2024 | monthly | Dec 1977 - Dec 2024 |
| Reserve Requirement Ratio (%) | 8.0 Jan 2025 | monthly | Jan 2011 - Jan 2025 |
| Foreign Exchange Reserves (USD mn) | 83,523.0 Dec 2024 | monthly | Apr 2000 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Dec 2024 | monthly | Apr 2000 - Dec 2024 |
| Gold Reserves (USD mn) | 64,920.000 Nov 2024 | monthly | Dec 1956 - Nov 2024 |
| Total Deposits (USD mn) | 536,158.723 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Total Deposits Growth (%) | 27.3 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
| Domestic Credit (USD mn) | 587,623.7 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Domestic Credit Growth (%) | 38.2 Dec 2024 | monthly | Jan 1987 - Dec 2024 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 35.400 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Credit to Households (USD bn) | 104.846 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 556.651 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Household Debt (USD mn) | 106,667.1 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Total Loans (USD mn) | 374,739.693 Dec 2024 | monthly | Jan 1986 - Dec 2024 |
| Total Loans Growth (%) | 38.90 Dec 2024 | monthly | Jan 1987 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
| Money Supply: M3 (TRY th) | 19,499,570,053.000 Dec 2024 | monthly | Dec 2005 - Dec 2024 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 512,258.715 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 2,022,087.081 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Consumer Loans: BS: Non Performing (TRY mn) | 59,303.657 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.781 Dec 2024 | monthly | Jan 2003 - Dec 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.3 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
| Composite Leading Indicator Index: Trend Restored (NA) | 399.510 Dec 2024 | monthly | Dec 1987 - Dec 2024 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.600 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 114.547 Jan 2025 | monthly | Jan 2011 - Jan 2025 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 116.493 Jan 2025 | monthly | Jan 2011 - Jan 2025 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 91.734 Jan 2025 | monthly | Jan 2011 - Jan 2025 |
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