Stocks to Turkey's gross domestic product ratio reaches 62.8 percent
(MENAFN)According to the country�s Treasury and Finance Ministry report, Turkey's external gross debt stock reached to USD450 billion as of end of last year.
The ministry stated that stocks to the country's gross domestic product (GDP) ratio came on at 62.8 percent at the end of 2020.
On 2020, statistics was up from USD436.9 billion at the end of 2019.
Turkey's net foreign debt amounted at USD268.9 billion as of Dec. 31, last year, some 37.5 percent of the GDP.
Treasury-guaranteed foreign debt stock stood at USD14.8 billion in the same period.