NEWS Finance        22/06/2020

Turkey’s central administration gross debt stock is USD 239.9 billion in May 2020

According to figures prepared by the Ministry of Treasury and Finance, Turkey’s central administration gross debt was Turkish liras 1,633.4 billion (USD 239.9 billion) as of May 31st, 2020, an increase of 3.6% compared to the previous month in Turkish lira value.

 

This debt stock represents the outstanding debt of public sector institutions and the Central Bank. The US dollar/Turkish lira exchange rate was TL 6.81 at the end of May 2020 and TL 6.98 at the end of April 2020.

 

Of the total gross debt stock, TL 808.2 billion (USD 118.7 billion), or 49.5%, was denominated in Turkish liras while TL 825.2 billion (USD 121.2 billion), or 50.5%, was in foreign currency. 



Turkey’s net minimum wage has been raised 27% to TL 28,075 (USD 655) as of 01.01.2026       Migration communication helpline 157 available for foreigners in Turkey       Read our homepage articles on developments in the Turkish economy       Turkey’s official annual inflation rate increases to 31.53% in February 2026       Turkey’s official unemployment rate is 8.1% in January 2026       Read our BUSINESS section for latest sectoral and corporate news       Turkey’s population is 86,092,168 as of 2025 yearend       No. of foreigners visiting Turkey in 2025 increased 0.3% to 52.8 million       Turkey’s private sector foreign debt is USD 219.7 billion as of yearend 2025       Turkey’s economy grows 3.6% in 2025       FDI to Turkey is USD 13.1 billion in 2025       Turkey’s current account deficit is USD 25.2 billion in 2025