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Türkiye's External Debt Hit a Record High: The Increase During Minister ŞImşek's Tenure Attracted Attention.

Summary by Cumhuriyet
According to data from the Central Bank of the Republic of Turkey, the gross external debt stock reached a new record high of $539 billion in the second quarter. The increase in both private and public sector debt pushed the debt stock upwards, while loan-based payments and the US dollar maintained their dominance.

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According to data from the Central Bank of the Republic of Turkey, the gross external debt stock reached a new record high of $539 billion in the second quarter. The increase in both private and public sector debt pushed the debt stock upwards, while loan-based payments and the US dollar maintained their dominance.

·Istanbul, Türkiye
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Turkey's gross external debt stock rose 3.5 percent in the second quarter of 2026 compared to the previous quarter, reaching $539 billion. Of this debt, $170.7 billion consisted of short-term liabilities and $368.2 billion of long-term liabilities. Private sector external debt reached $318 billion, while public sector external debt rose to $197.9 billion. The largest share of the external debt stock, at 46.2 percent, was held by [...] Turkey's e…

According to data released by the Central Bank, Turkey's gross external debt stock has reached $539 billion.

·Ankara, Türkiye
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Türkiye's gross external debt stock reached $539 billion in the second quarter of 2026, a 3.5% increase. Short-term debt amounted to $170.7 billion, while long-term debt reached $368.2 billion. The public sector borrowed $197.9 billion, the private sector $318 billion, and the Central Bank's liabilities decreased to $23.1 billion. The majority of the debt is in the form of loans and in US dollars.

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Haberler broke the news on Thursday, August 20, 2026.
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