Turkish central government gross debt stock hits $211.5B in 2021
Treasury and Finance Ministry's data shows end-2021 figure rises 51.6% from 2020
ISTANBUL
The Turkish central government's gross debt stock amounted to 2.75 trillion Turkish liras ($211.5 billion) at the end of 2021, official figures showed on Thursday.
The Treasury and Finance Ministry's data showed that the figure was up by 51.6% versus the end of 2020.
The gross debt stock includes the outstanding debt of public sector institutions, the central bank, private companies, and households.
Some 33.96% of the debt stock is denominated in Turkiye’s local currency, while the rest is in foreign currency.
While 1.32 trillion Turkish liras ($101.5 billion) of the debt was domestic, some 1.42 trillion liras ($109.7 billion) was external, it added.
Data also showed that as of Dec. 31, the stock of Treasury receivables totaled 20.7 billion liras ($1.6 billion).
The US dollar/Turkish lira exchange rate was around 13 at the end of 2021.
