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Foreign Debt (USD) rose 9.16% to USD 499,842 bil in Turkey in 2023

Foreign Debt (USD) (USD bil), 2023
Economy | Turkey | September 1, 2025
$2.99
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Foreign debt rose 9.16% to USD 499,842 bil in Turkey in 2023, according to the National Statistical Office.

Historically, foreign debt in Turkey reached an all time high of USD 499,842 bil in 2023 and an all time low of USD 2,746 bil in 1970.

Turkey has been ranked 5th within the group of 110 countries we follow in terms of foreign debt, 1 place above the position seen 10 years ago.

Foreign Debt (USD) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Albania USD bil 9,801 9,651 9,274 10,477 11,055
Bulgaria USD bil 40,989 40,103 40,501 46,906 44,943 ... ...
Greece USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iran USD bil 6,819 5,774 4,855 5,433 10,349
Iraq USD bil ... ... ... ... ... ... ... ... ... ... ... ... 28,082 27,799 27,488 26,331 25,363
Kuwait USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Macedonia USD bil 8,429 8,611 8,884 10,177 10,871
Pakistan USD bil 93,158 100,199 110,178 118,034 130,851
Romania USD bil 114,008 112,547 118,298 142,390 ... ... ...
Saudi Arabia USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Serbia USD bil 30,938 31,054 32,109 38,041 41,166
Syria USD bil 4,604 4,584 4,590 4,763 5,029
Turkey USD bil 447,425 426,808 414,870 429,770 436,370
Turkmenistan USD bil 8,650 8,160 6,650 5,771 4,986

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