Türkiye Short-term Debt
Short-term debt as % of total external debt DT.DOD.DSTC.ZS
Türkiye's short-term debt was 38.57% in 2025, ranked 4th globally. This represents a 11.5% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Türkiye's short-term debt stood at 38.57% in 2025, a rise of +3.98% from 2024. Based on recent trends, this figure is projected to reach 38.57% by 2025. Türkiye ranked 4th globally.
Turkey’s short‑term debt as a share of gross external debt has risen steadily since the earliest World Bank observation in 1970 (28.55) and reached an all‑time peak of 53.20 in 1977, before falling to a trough of 8.98 during the early 1980s. After a prolonged expansion, the indicator climbed to 38.57 in 2025, placing Turkey fourth among all reporting economies and surpassing regional peers such as Jordan (37.50) and Tunisia (43.32). The post‑peak ascent reflects a combination of higher external financing needs, currency‑linked liabilities and the accumulation of short‑dated obligations to fund current‑account deficits. Over the 56‑year series, the volatility surrounding the 1977 peak and 1982 trough underscores the sensitivity of Turkey’s short‑term debt to macro‑economic shocks and policy shifts. If fiscal consolidation and diversification of financing sources accelerate, the upward trajectory could moderate, reducing reliance on short‑term borrowing in the coming years.
Data & projection
| Year | Short-term Debt | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 43.61% | - | - |
| 2026* trend | 41.09% | - | - |
| 2025* trend | 38.57% | - | - |
| 2025 | 38.57% | +3.98% | #4 |
| 2024 | 34.59% | −0.39% | #110 |
| 2023 | 34.98% | +2.57% | #113 |
| 2022 | 32.41% | +5.27% | #113 |
| 2021 | 27.14% | +1.23% | #113 |
| 2020 | 25.91% | +2.87% | #109 |
| 2019 | 23.04% | +1.42% | #101 |
| 2018 | 21.62% | −2.82% | #99 |
| 2017 | 24.44% | +1.89% | #104 |
| 2016 | 22.54% | −3.57% | #103 |
| 2015 | 26.12% | −8.32% | #104 |
| 2014 | 34.44% | −0.85% | #108 |
| 2013 | 35.28% | +2.84% | #110 |
| 2012 | 32.44% | +2.24% | #110 |
| 2011 | 30.20% | +0.83% | #108 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw short-term debt improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's short-term debt was 38.57% in 2025. Ranked 4th globally. This represents a 11.5% increase from the previous year.
Türkiye's short-term debt peaked at 53.20% in 1977.
The lowest short-term debt in Türkiye was 8.98% in 1982.
Türkiye ranks 4th globally in short-term debt as of 2025.
The World Bank indicator code is DT.DOD.DSTC.ZS. Data sourced from World Bank.
Türkiye's short-term debt is projected to reach 38.57% by 2025 based on trend extrapolation.
The short-term debt of Türkiye in 2025 was 38.57%. This ranks 4th in the world.
Cite this page
@misc{historysaid_turkiye_short-term-debt,
title = {Türkiye Short-term Debt},
url = {https://historysaid.com/turkiye/short-term-debt/},
publisher = {HistorySaid},
year = {2026}
}