Investor Presentaiton
20
30
10
40
70
70
72.1
65.7
60
60
57.5
50.8
50
Public Debt Has Diminished Thanks to Fiscal Discipline
80
240
General Government Gross Debt (% of GDP, 2019 Q2)
43.9
88
80
44.7 38.2
36.5
40.1
31.4
32.8
32.5
38.1
40
27.6
28.2
40
33.2
32.7
28.8
30.1
0
28.3
2011
2012
2013
2014
EU Defined General Government Debt/ GDP (%)
12 11.2
10
8.6
8
6
5.3
5.0
4
3.5
2
1.6 1.8
1.0
10
1.3
0.6
0
2011
20
20
â– Central Government Budget Deficit / GDP (%)
Source: Ministry of Treasury and Finance, Eurostat, TKYB Economic Research
2015
2016
2017
2018
2020 (P)
2021 (P)
2019 (P)
Maastrich Criteria: 60%
Japan
120
160
200
Greece
Italy
Cyprus
Portugal
USA
France
Belgium
Spain
Canada
United Kingdom
Croatia
Austria
Hungary
Slovenia
Ireland
Germany
Finland
Maastricht Criteria: 60%
Netherlands
Slovakia
Poland
Malta
Latvia
Lithuania
Sweden
Denmark
Romania
Czechia
Turkey
Bulgaria
Luxembourg
Estonia
1.9
1.0 1.1 1.0 1.1
2012
2013
2014
2015
2016
1.5
2.0
2.9 2.9 2.9
III
2017
2018
2019 (P)
2020 (P)
2021 (P)
EU (28 Countries)
Euro Area (EU-19)
Greece
Italy
Portugal
Belgium
France
Spain
2018 2019 Q2
General Government Gross Debt (% of GDP)
2011 2012 2013 2014 2015 2016 2017
81.6 84.0 85.8 86.6 84.6 83.4 81.7 80.0 80.5
86.9 89.9 91.8 92.0 90.1 89.2 87.1 85.1
86.4
172.1 159.6 177.4 178.9
175.9 178.5 176.2 181.1 180.2
116.5 123.4 129.0 131.8 131.6 131.4 131.4 132.2 138.0
111.4 126.2 129.0 130.6 128.8 129.2 124.8 121.5 121.2
102.6 104.3 105.5 107.5 106.4 106.1 103.4 102.0 104.7
87.8 90.6 93.4 94.9 95.6 98.0 98.4 98.4 99.6
98.9
85.0
71.8
United Kingdom
Austria
Hungary
Germany
Netherlands
Turkey
69.5 85.7 95.5 100.4 99.3 99.0 98.1 97.1
80.8 84.1 85.2 87.0 87.9 87.9 87.1 86.8
82.4 81.9
81.3 84.0 84.7 83.0 78.2 73.8
80.5 78.4 77.2 76.7 76.7 76.0 73.4 70.8
79.4 80.7 78.2 75.3 71.6 68.5 64.5 60.9
61.7 66.2 67.7 67.9 64.6 61.9 57.0
36.5 32.7 31.4 28.8
27.6 28.3 28.2
68.2
61.2
52.4
30.1
50.9
32.2
DEVELOPMENT
INVESTMENT
BANK OF TURKEYView entire presentation