Turkey - Average interest on new external debt commitments

Average interest on new external debt commitments (%)

The value for Average interest on new external debt commitments (%) in Turkey was 3.00 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 10.81 in 1979 and a minimum value of 0.00 in 1970.

Definition: Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Public debt is an external obligation of a public debtor, including the national government, a political subdivision (or an agency of either), and autonomous public bodies. Publicly guaranteed debt is an external obligation of a private debtor that is guaranteed for repayment by a public entity.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 3.89
1972 4.37
1973 4.83
1974 6.30
1975 7.13
1976 7.13
1977 7.48
1978 6.63
1979 10.81
1980 8.32
1981 7.60
1982 9.91
1983 8.89
1984 9.06
1985 8.63
1986 7.24
1987 7.00
1988 7.67
1989 7.76
1990 8.43
1991 7.51
1992 7.31
1993 5.89
1994 6.18
1995 6.21
1996 6.48
1997 7.49
1998 6.51
1999 7.83
2000 8.18
2001 6.60
2002 6.21
2003 7.57
2004 5.58
2005 5.10
2006 5.77
2007 5.93
2008 5.49
2009 4.73
2010 3.74
2011 3.00

Average interest on new external debt commitments, official (%)

The value for Average interest on new external debt commitments, official (%) in Turkey was 1.96 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 8.97 in 1982 and a minimum value of 0.00 in 1970.

Definition: Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 3.61
1972 4.22
1973 4.64
1974 6.04
1975 6.14
1976 6.47
1977 7.53
1978 6.09
1979 5.17
1980 7.07
1981 6.55
1982 8.97
1983 8.66
1984 8.48
1985 7.77
1986 7.20
1987 6.23
1988 6.45
1989 5.67
1990 6.69
1991 6.69
1992 7.04
1993 4.60
1994 5.98
1995 5.42
1996 4.89
1997 6.72
1998 7.07
1999 5.09
2000 6.52
2001 4.26
2002 3.38
2003 2.95
2004 2.68
2005 2.78
2006 4.45
2007 4.42
2008 3.91
2009 2.62
2010 1.52
2011 1.96

Average interest on new external debt commitments, private (%)

The value for Average interest on new external debt commitments, private (%) in Turkey was 3.64 as of 2011. As the graph below shows, over the past 41 years this indicator reached a maximum value of 14.37 in 1980 and a minimum value of 0.00 in 1970.

Definition: Interest represents the average interest rate on all new public and publicly guaranteed loans contracted during the year. To obtain the average, the interest rates for all public and publicly guaranteed loans have been weighted by the amounts of the loans. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 0.00
1971 6.37
1972 7.07
1973 6.90
1974 12.60
1975 8.50
1976 7.93
1977 7.43
1978 8.30
1979 13.39
1980 14.37
1981 11.35
1982 13.15
1983 9.30
1984 9.83
1985 9.26
1986 7.27
1987 7.59
1988 8.29
1989 8.64
1990 9.36
1991 8.33
1992 7.41
1993 6.18
1994 6.24
1995 6.27
1996 7.17
1997 7.63
1998 6.34
1999 8.80
2000 8.64
2001 8.68
2002 7.60
2003 8.08
2004 6.44
2005 6.15
2006 6.39
2007 6.50
2008 6.88
2009 6.67
2010 4.74
2011 3.64

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt