Financial Accounts Report 2025-II. Quarter
Summary
According to sectoral financial balance sheets, resident sectors’ total financial assets and liabilities at end-quarter amounted to TRY 182 trillion and TRY 193 trillion, respectively. Below is a summary of developments pertaining to the second quarter of 2025:
- The ratio of the net financial position deficit of the Turkish economy to gross domestic product (GDP) remained flat at 22.3%.
- According to net financial transactions conducted by sectors, the total economy, which was a net borrower of 5,4% of GDP in the previous quarter, is a net borrower of 2% of GDP in the second quarter.
- An analysis of the domestic economy’s financial balance sheets by sectors reveals that the total economy was a financial borrower, households and the rest of the world were creditors, and non-financial corporations and the general government were debtors.
- Among households' financial assets, currency and deposits stand out with a share of approximately 58%, and almost all liabilities are composed of loans
- Financial assets and liabilities of non-financial corporations were driven by shares and other equity items with 53% and 49% shares, respectively.
- A cross-country comparison of indebtedness ratios for all sectors reveals that the total debt of resident sectors was low in Türkiye. In the second quarter of 2025, the ratio to GDP of total debt in the form of loans and debt securities was 92%, up from the previous quarter.
