Türkiye Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Türkiye's interest payments to revenue was 13.11% in 2025, ranked 29th globally. This represents a 12.5% increase from 2024. Data from World Bank, covering 1972–2025.
Overview
Türkiye's interest payments to revenue stood at 13.11% in 2025, a rise of +1.45pp from 2024. Based on recent trends, this figure is projected to reach 13.11% by 2025. Türkiye ranked 29th globally.
Turkey’s interest payments as a share of revenue have risen sharply from 3.16 % in 1972 to 13.11 % in 2025, placing the country 29th globally. The upward trajectory accelerated after the 1998 peak of 49.86 %, when debt service costs briefly consumed nearly half of fiscal revenue, before receding to a trough of 2.47 % in 1978. Over the 44‑year series, the share has more than quadrupled, reflecting higher borrowing costs and expanding public debt amid macro‑economic volatility. Compared with peers of similar rank, Turkey’s 2025 ratio is marginally lower than Tanzania’s 14.70 % and slightly above Senegal’s 13.19 %, suggesting a moderate but persistent fiscal pressure relative to comparable emerging economies. If debt‑financing costs stabilize and revenue growth outpaces borrowing, the share of interest payments could plateau or decline; however, any resurgence of external financing needs or interest‑rate hikes would likely sustain the upward trend.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 14.18% | - | - |
| 2026* trend | 13.64% | - | - |
| 2025* trend | 13.11% | - | - |
| 2025 | 13.11% | +1.45pp | #29 |
| 2024 | 11.66% | +0.69pp | #18 |
| 2023 | 10.97% | −4.52pp | #69 |
| 2022 | 15.48% | +5.63pp | #97 |
| 2021 | 9.85% | +0.33pp | #93 |
| 2020 | 9.53% | +1.99pp | #92 |
| 2019 | 7.53% | −1.11pp | #85 |
| 2018 | 8.64% | +2.10pp | #85 |
| 2017 | 6.54% | +0.66pp | #80 |
| 2016 | 5.88% | −0.21pp | #69 |
| 2015 | 6.09% | −0.67pp | #74 |
| 2014 | 6.76% | −0.22pp | #79 |
| 2013 | 6.97% | −1.42pp | #78 |
| 2012 | 8.39% | −0.84pp | #91 |
| 2011 | 9.23% | −1.41pp | #92 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's interest payments to revenue was 13.11% in 2025. Ranked 29th globally. This represents a 12.5% increase from the previous year.
Türkiye's interest payments to revenue peaked at 49.86% in 1998.
The lowest interest payments to revenue in Türkiye was 2.47% in 1978.
Türkiye ranks 29th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Türkiye's interest payments to revenue is projected to reach 13.11% by 2025 based on trend extrapolation.
The interest payments to revenue of Türkiye in 2025 was 13.11%. This ranks 29th in the world.
Cite this page
@misc{historysaid_turkiye_interest-to-revenue,
title = {Türkiye Interest Payments to Revenue},
url = {https://historysaid.com/turkiye/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}