FX.co ★ Turkey's Central Government Debt Surges to Record 13.7 Trillion Lira in December

In a significant economic update, Turkey's central government debt stock climbed to an unprecedented 13.7 trillion lira as of December 2025, marking a rapid increase from the previous month's figure of 13.3 trillion lira in November. This data, freshly updated on January 20, 2026, underscores the continued ascent in Turkey's fiscal liabilities amid ongoing economic challenges.

The latest figures highlight a marked rise in borrowing, with the debt swelling by 331 billion lira in just a month. This surge reflects the government's efforts to manage economic pressures, possibly stemming from a mixture of domestic fiscal policies and global economic dynamics that have influenced Turkey's monetary strategies.

Analysts are closely monitoring this upward trend as concerns about the country's ability to manage and sustain such a debt level could have broader implications for its economic stability and growth prospects going forward. The latest data will be pivotal as policymakers and financial analysts assess the fiscal health of Turkey and the potential need for corrective measures to address these challenges effectively.