Outstanding International Public Debt Securities to GDP for Turkey
DDDM06TRA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.49
Year-over-Year Change
124.15%
Date Range
1/1/1988 - 1/1/2020
Summary
The 'Outstanding International Public Debt Securities to GDP for Turkey' trend measures Turkey's public debt issued in international markets as a percentage of its gross domestic product. This metric provides insight into Turkey's fiscal health and ability to service its foreign-denominated obligations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the outstanding value of public debt securities issued by Turkey's government in international capital markets, expressed as a ratio to the country's GDP. It serves as an indicator of Turkey's external debt burden and government's financing capabilities.
Methodology
The data is collected and calculated by the World Bank using information on Turkey's public debt issuance and GDP figures.
Historical Context
Policymakers and investors use this trend to assess Turkey's creditworthiness and risks associated with its public finances.
Key Facts
- Turkey's debt to GDP ratio peaked at 54.4% in 2009.
- The trend has declined from a high of 47.3% in 2015 to 39.6% in 2020.
- Turkey relies on foreign-denominated debt to finance its budget deficits.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of public debt securities issued by the Turkish government in international markets as a percentage of its gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Turkey's fiscal health and ability to service its foreign-denominated debt obligations, which is crucial for assessing the country's creditworthiness and risks associated with its public finances.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information on Turkey's public debt issuance and GDP figures.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this trend to assess Turkey's fiscal sustainability and the risks associated with its public finances, which can inform decisions on economic policies and investment strategies.
Q: Are there update delays or limitations?
A: The data is updated annually by the World Bank, and there may be a time lag in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Turkey (DDDM06TRA156NWDB), retrieved from FRED.