Türkiye Debt Service
Total debt service as % of exports DT.TDS.DECT.EX.ZS
Türkiye's debt service was 14.31% in 2025, ranked 45th globally. This represents a 38.9% decrease from 2024. Data from World Bank, covering 1974–2025.
Overview
Türkiye's debt service stood at 14.31% in 2025, a decline of +9.12% from 2024. Based on recent trends, this figure is projected to reach 14.31% by 2025. Türkiye ranked 45th globally.
Turkey’s debt‑service ratio has risen sharply from the 12.37 recorded in 1974, the lowest point in the 52‑year series, to an all‑time peak of 48.64 in 2002, before moderating to 14.31 in 2025, placing the country 45th globally. The recent figure sits marginally above Jordan’s 14.18 and just below Comoros’ 14.37, indicating that Turkey’s burden remains comparable to other emerging economies with similar rankings. The steep climb to the 2002 peak reflected a confluence of high external borrowing and currency pressures, while the subsequent decline aligns with fiscal consolidation efforts and tighter monetary policy in the 2010s. Although the 2025 ratio remains elevated relative to the long‑run trough, the downward trajectory since the early 2000s suggests that continued structural reforms and debt‑management strategies could further ease service costs, potentially moving Turkey into a lower‑ranked bracket in the coming years.
Data & projection
| Year | Debt Service | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 6.50% | - | - |
| 2026* trend | 10.40% | - | - |
| 2025* trend | 14.31% | - | - |
| 2025 | 14.31% | −9.12% | #45 |
| 2024 | 23.43% | +2.52% | #83 |
| 2023 | 20.91% | +1.23% | #91 |
| 2022 | 19.68% | −5.66% | #88 |
| 2021 | 25.34% | −15.40% | #89 |
| 2020 | 40.74% | +7.49% | #105 |
| 2019 | 33.24% | −0.24% | #103 |
| 2018 | 33.48% | −3.88% | #104 |
| 2017 | 37.36% | +0.94% | #106 |
| 2016 | 36.43% | +11.05% | #107 |
| 2015 | 25.38% | +1.53% | #97 |
| 2014 | 23.85% | −3.31% | #101 |
| 2013 | 27.16% | +0.39% | #105 |
| 2012 | 26.77% | −4.61% | #105 |
| 2011 | 31.38% | −5.85% | #108 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw debt service improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's debt service was 14.31% in 2025. Ranked 45th globally. This represents a 38.9% decrease from the previous year.
Türkiye's debt service peaked at 48.64% in 2002.
The lowest debt service in Türkiye was 12.37% in 1974.
Türkiye ranks 45th globally in debt service as of 2025.
The World Bank indicator code is DT.TDS.DECT.EX.ZS. Data sourced from World Bank.
Türkiye's debt service is projected to reach 14.31% by 2025 based on trend extrapolation.
The debt service of Türkiye in 2025 was 14.31%. This ranks 45th in the world.
Cite this page
@misc{historysaid_turkiye_debt-service,
title = {Türkiye Debt Service},
url = {https://historysaid.com/turkiye/debt-service/},
publisher = {HistorySaid},
year = {2026}
}