Turkey: Household debt to GDP

* indicates monthly or quarterly data series
The most recent value is 9.6 percent as of September 2024, a decline compared to the previous value of 9.8 percent. Historically, the average for Turkey from March 1990 to September 2024 is 8.83 percent. The minimum of 0.1 percent was recorded in March 1990, while the maximum of 19.5 percent was reached in December 2013. Click on the following link to see the values of: Household debt to GDP around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: The Bank for International Settlements

Recent values Turkey: Household debt to GDP, in percent
2024  Sep 9.6
2024  Jun 9.8
2024  Mar 10.5
2023  Dec 10.9
2023  Sep 11.2
2023  Jun 11.7
2023  Mar 11.4
2022  Dec 10.9


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Definition: The total outstanding debt of households to banks and other financial institutions as percent of GDP.

 Related indicators Latest Reference Measure
 Inflation 53.9 2023 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 38.1135 4/2025 Local Currency Units per USD
 Money supply (broad money) 19,894.71 3/2025 billion
 Consumer Price Index (CPI) 1,133.4900 3/2025 index points
 Inflation, monthly 2.45 3/2025 percent
 Inflation, annual 38.13 3/2025 percent
 Private sector credit 13,562.58 3/2025 billion
 Business credit 9,512.80 3/2025 billion
 Household credit 4,049.78 3/2025 billion
 Mortgage credit 493.37 3/2025 billion
 Consumer credit 3,556.41 3/2025 billion
 Deposit interest rate 43.31 3/2025 percent
 Business credit interest rate 60.40 3/2025 percent
 Mortgage credit interest rate 38.79 3/2025 percent
 Policy rate 42.50 3/2025 percent
 Household debt to GDP 9.60 9/2024 percent
 Debt service ratios for private non-financial sector 32.30 Q3/2024 percent
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