Economic Policy & Debt · Türkiye
Yearly data from 1970 to 2024, from the World Bank.
Türkiye's short-term debt (% of total reserves) was 114.52% in 2024, the latest year in the World Bank's World Development Indicators. That is up 2.68 percentage points from 111.84% in 2014.
| Value | Year | |
|---|---|---|
| Latest | 114.52% | 2024 |
| Five years earlier | 90.37% | 2019 |
| Ten years earlier | 111.84% | 2014 |
| Highest | 492.36% | 1977 |
| Lowest | 50.32% | 1973 |
| Average since 2015 | 104.95% | 2015–2024 |
| First recorded | 178.28% | 1970 |
Over five years it is up 24.15 percentage points from 90.37% in 2019. Since 1970 it is down 63.76 percentage points from 178.28% in 1970.
In 2024, Türkiye's short-term debt (% of total reserves) fell 9.61 percentage points on 2023 (from 124.13% to 114.52%).
Across the 30 yearly changes before that (1994 to 2023), the average change was −3.74 percentage points and a typical year strayed about 25.22 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 375.88 percentage points in 1977 and the biggest yearly fall was 300.68 percentage points in 1979. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 3.43 percentage points a year. A straight line explains 65% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Türkiye had the 8th highest value of the 96 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Türkiye | 114.52% | 2024 |
| Upper middle income | 37.87% | 2024 |
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.
Limitations: The DRS encourages debtor countries to voluntarily provide information on their short-term external obligations. By its nature, short-term external debt is difficult to monitor: loan-by-loan registration is normally impractical, and monitoring systems typically rely on information requested periodically by the central bank from the banking sector. The World Bank regards the debtor country as the authoritative source of information on its short-term debt. Where such information is not available from the debtor country, data are derived from BIS data on international bank lending based on time remaining to original maturity.
Regional and income-group figures are computed by the World Bank as a weighted average.
| Year | Short-term debt (% of total reserves) |
|---|---|
| 2024 | 114.52 |
| 2023 | 124.13 |
| 2022 | 114.8 |
| 2021 | 106.16 |
| 2020 | 118.85 |
| 2019 | 90.37 |
| 2018 | 98.97 |
| 2017 | 101.45 |
| 2016 | 85.81 |
| 2015 | 94.42 |
| 2014 | 111.84 |
| 2013 | 108.28 |
| 2012 | 96.19 |
| 2011 | 110.24 |
| 2010 | 108.19 |
| 2009 | 74.91 |
| 2008 | 76.51 |
| 2007 | 67.71 |
| 2006 | 78 |
| 2005 | 82.99 |
| 2004 | 98.39 |
| 2003 | 76.77 |
| 2002 | 65.89 |
| 2001 | 82.09 |
| 2000 | 122.95 |
| 1999 | 96.07 |
| 1998 | 103.16 |
| 1997 | 91.13 |
| 1996 | 97.34 |
| 1995 | 113.03 |
| 1994 | 131.01 |
| 1993 | 236.2 |
| 1992 | 168.62 |
| 1991 | 137.8 |
| 1990 | 124.57 |
| 1989 | 91.22 |
| 1988 | 164.02 |
| 1987 | 209.96 |
| 1986 | 217.99 |
| 1985 | 205.35 |
| 1984 | 130.41 |
| 1983 | 83.83 |
| 1982 | 63.19 |
| 1981 | 90.74 |
| 1980 | 75.85 |
| 1979 | 140.15 |
| 1978 | 440.83 |
| 1977 | 492.36 |
| 1976 | 116.48 |
| 1975 | 100.04 |
| 1974 | 59.4 |
| 1973 | 50.32 |
| 1972 | 67.95 |
| 1971 | 120.29 |
| 1970 | 178.28 |
Every indicator for Türkiye is on the Türkiye data page.
World Bank, World Development Indicators, indicator DT.DOD.DSTC.IR.ZS, licensed CC BY 4.0. Original source: World Development Indicators, World Bank (WB); International Monetary Fund (IMF), type: Balance of Payments Statistics Yearbook and data files; World Bank (WB), type: GDP estimates; Organisation for Economic Co-operation and Development (OECD), type: GDP estimates Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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