Economy

Turkey's gross external debt stock at $435.1B end-Sept

Figure is 59.1% of country's gross domestic product as of Sept. 30, according to Treasury and Finance Ministry

Aysu Biçer   | 31.12.2020
Turkey's gross external debt stock at $435.1B end-Sept

ANKARA

Turkey's gross external debt stock totaled at $435.1 billion as of end-September, the country’s Treasury and Finance Ministry announced Thursday.

The figure was 59.1% of Turkey's gross domestic product (GDP), the ministry said in a statement.

The country's net foreign debt stood at $262.2 billion as of Nov. 30, some 35.6% of its GDP.

The ministry data showed that Treasury-guaranteed foreign debt stock amounted to $14.7 billion at the end of September.

The EU-defined general government debt stock of the country was some 2 trillion Turkish liras ($256 billion), or 42.6% of GDP as of Sept. 30.

The public net debt stock reached 941.1 billion Turkish liras ($120.60 billion) in the same period.

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