Outstanding Loans Received from Abroad by Private Sector

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Detailed data for the private sector’s long and short-term loans received from abroad are compiled from credit based forms submitted by resident banks and firms.

These flow data are recorded in the Balance of Payments Statistics by the Central Bank of Turkey in compliance with the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) prepared by the International Monetary Fund (IMF).

The stock data, which are derived from the disbursements and repayments and converted to USD at end-of-period exchange rates, are recorded in the International Investment Position by the Central Bank in compliance with the IMF’s External Debt Statistics- Guide for Compilers and Users.

Data are available as time series in EVDS. Click here for access.

Developments in Private Sector's Outstanding Loans Received From Abroad - September 2022

  • Private sector’s total outstanding loans received from abroad recorded USD 160.9 billion as of September, decreasing by USD 7.8 billion. With regards to the maturity, long-term loans recorded USD 153.5 billion as of September, decreasing by USD 7.8 billion; whereas short-term loans (excluding trade credits) realized USD 7.5 billion, increasing by USD 39 million in comparison to the end of 2021.
  • From the borrower’s side, regarding long-term loans, banks’ loan liabilities decreased by USD 3.6 billion; whereas bond liabilities amounted to USD 16.4 billion, decreasing by USD 3.6 billion in comparison to the end of 2021. In the same period, non-bank financial institutions’ loan liabilities decreased by USD 581 million; whereas bond liabilities amounted to USD 1.8 billion, decreasing by USD 11 million. Non-financial institutions’ loan liabilities recorded an increase of USD 540 million in comparison to the end of 2021; while bond liabilities amounted to USD 10.3 billion, increasing by USD 188 million as of September. Regarding short-term loans, banks’ loan liabilities realized as USD 4.8 billion, increasing by USD 16 million; whereas non-financial institutions’ loan liabilities realized as USD 1.3 billion, increasing by USD 408 million in comparison to the end of 2021.
  • From the creditor’s side, regarding long-term loans, liabilities to private creditors excluding bonds amounted to USD 105.2 billion, decreasing by USD 2.1 billion compared to the end of the previous year. Regarding short-term loans, liabilities to private creditors excluding bonds amounted to USD 7.2 billion, increasing by USD 163 million compared to the end of the previous year.
  • Regarding the currency composition, of the total long-term loans in the amount of USD 153.5 billion, 66.1 percent consists of USD, 30.5 percent consists of Euro, 1.6 percent consists of Turkish lira and 1.8 percent consists of other currencies and of the total short-term loans in the amount of USD 7.5 billion, 41.3 percent consists of USD, 39.1 percent consists of Euro, 16.9 percent consists of Turkish lira and 2.7 percent consist of other currencies.
  • As for the sectoral breakdown by the end of September, of the total long-term loans in the amount of USD 153.5 billion, 36.8 percent consists of liabilities of the financial institutions; whereas 63.2 percent consists of the liabilities of the non-financial institutions. In the same period, of the total short-term loans in the amount of USD 7.5 billion, 77.5 percent consists of liabilities of the financial institutions; whereas 22.5 percent consists of liabilities of the non-financial institutions.
  • Private sector’s total outstanding loans received from abroad based on a remaining maturity basis; point out to principal repayments in the amount of USD 42.1 billion for the next 12 months by the end of September.

Data - September 2022

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