Turkey’s short-term external debt stock — debt that must be paid in the next 12 months — reached USD 140.3bn in January, according to official data on Wednesday.
The figure climbed 1.3% from the end of 2020, data from the Central Bank of the Republic of Turkey (CBRT) showed.
The lenders’ short-term external debt stock increased 4.4% from the end of last year to USD 60.6bn this January and other sectors’ short-term external debt stock fell 3.6% to USD 57bn in the same period.
The rest of the amount — some USD 22.7bn — belonged to the CBRT.
Nearly half of the debt stock was in USD — 43.9%, followed by 27.3% in EUR, 13.9% in TRY, and 14.9% in other currencies.
From the borrowers’ side, the short-term debt of the public sector, which consists of state lenders, surged 10.6% to USD 28.4bn, while the private sector saw USD 89.2bn of debt, a rise of 2.5%, during the same period.
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