According to figures prepared by the Ministry of Treasury and Finance, Turkey’s gross external debt stock stood at USD 431 billion as of March 31st, 2020, 56.9% of Turkey’s GDP, and the net external debt stock stood at USD 256.5 billion, 33.8% of GDP. The private sector’s share in the country’s gross external debt stock was 58.8% at USD 253.5 billion, and 27.5% of the total gross external debt of the country consisted of short-term debts (with a maturity of less than one year).
State net debt stock was given as TL 782.2 billion (USD 119.1 billion), 17.7% of GDP, and EU-defined general government debt stock was TL 1,554.5 billion (USD 236.6 billion), 35.1% of GDP, as of March 31st, 2020.
Treasury guaranteed external debt stock was USD 14.2 billion as of the end of March 31st, 2020.