Turkey's foreign debt stock stands at $433.9B end-Sept

Turkey's foreign debt stock stands at $433.9B end-Sept

General government debt stock at $247.6B as of Sept. 30, according to Turkish Treasury

News Service AA

Turkey's gross external debt stock totaled $433.9 billion at the end of September, the Treasury and Finance Ministry announced Tuesday.

The figure constituted 59.1% of the country's gross domestic product (GDP), the ministry said in a statement.

Turkey's net foreign debt amounted to $247.6 billion as of Sept. 30, accounting for 33.7% of its GDP.

"Treasury guaranteed external debt stock has been $14.4 billion as of 30 September," said the ministry.

The data showed that EU-defined general government debt stock was nearly 1.3 trillion Turkish liras ($233.6 billion), or 32.1% of GDP at the end of the month.

The public net debt stock reached 643.1 billion Turkish liras ($113.8 billion) or 15.7% of GDP during the same period.


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