Turkey's external gross debt stock at $421.8B end-June

Figure is 56.8% of country's gross domestic product as of June 30, according to Treasury and Finance Ministry

Tuba Şahin, Cansu Dikme   | 30.09.2020
Turkey's external gross debt stock at $421.8B end-June


Turkey's gross external debt stock totaled at $421.8 billion as of end-June, the country’s Treasury and Finance Ministry announced Wednesday.

The figure was 56.8% of Turkey's gross domestic product (GDP), the ministry said in a statement.

The country's net foreign debt stood at $244.4 billion as of June 30, some 32.9% of its GDP.

The ministry data showed that Treasury-guaranteed foreign debt stock amounted to $14 billion at the end of June.

The EU-defined general government debt stock of the country was some 1.77 trillion Turkish liras ($258 billion), or 39.4% of GDP as of June 30.

The public net debt stock reached 924.3 billion Turkish liras ($135 billion) in the same period.

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