Turkiye's external debt stock reaches $441B at end-2021

General government net foreign debt stock stood at $221B at end of last year

By Tuba Sahin

ANKARA (AA) - Turkiye's gross external debt stock reached $441 billion, or more than half of its gross domestic product – 54.9% – at the end of 2021, official figures showed on Thursday.

The country's net external debt stock totaled $221 billion as of Dec. 31, the Treasury and Finance Ministry said in a statement.

The net foreign debt accounted for 27.5% of GDP.

It also said loans under Treasury guarantee stood at $14.7 billion during the same period.

It added that EU-defined general government debt stock was some $227.4 billion, or 42% of GDP, as of the end of last year.


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