Financial Accounts Report 2022- III. Quarter
Summary
According to sectoral financial balance sheets, the financial net worth of the Turkish economy as a percentage of GDP increased by 3 points in the third quarter of 2022 compared to the previous quarter. As of the end of the third quarter, sectors’ total financial assets and liabilities amounted to TRY 46.6 trillion and TRY 51.3 trillion, respectively.
In this quarter, non-financial corporations’ debt to GDP ratio decreased to 60%, while the ratio of households’
debt to GDP ratio decreased to 11%, placing Türkiye among countries with low indebtedness levels in terms of both households and corporations.