Foreign assets in Turkey
Turkey: Foreign assets was 190.49 billion real chained 2019 US$ in 2020. ▼ Falling
Foreign assets in Turkey, 1999–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, foreign assets in Turkey stood at 190.49 billion real chained 2019 US$. That is the lowest value across all 22 years on record.
That represents a change of down 22.4% on the previous year and down 58.6% over ten years.
Over the whole period, foreign assets in Turkey peaked at 986.68 billion real chained 2019 US$ in 1999 and was at its lowest, 190.49 billion real chained 2019 US$, in 2020.
That places Turkey 49th out of 150 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Foreign assets in Turkey, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1999 | 986.68 billion real chained 2019 US$ | — |
| 2000 | 644.59 billion real chained 2019 US$ | -34.7% |
| 2001 | 413.57 billion real chained 2019 US$ | -35.8% |
| 2002 | 338.86 billion real chained 2019 US$ | -18.1% |
| 2003 | 333.19 billion real chained 2019 US$ | -1.7% |
| 2004 | 359.20 billion real chained 2019 US$ | +7.8% |
| 2005 | 411.82 billion real chained 2019 US$ | +14.7% |
| 2006 | 497.16 billion real chained 2019 US$ | +20.7% |
| 2007 | 544.83 billion real chained 2019 US$ | +9.6% |
| 2008 | 528.92 billion real chained 2019 US$ | -2.9% |
| 2009 | 491.25 billion real chained 2019 US$ | -7.1% |
| 2010 | 460.08 billion real chained 2019 US$ | -6.3% |
| 2011 | 411.33 billion real chained 2019 US$ | -10.6% |
| 2012 | 431.60 billion real chained 2019 US$ | +4.9% |
| 2013 | 426.12 billion real chained 2019 US$ | -1.3% |
| 2014 | 400.58 billion real chained 2019 US$ | -6.0% |
| 2015 | 342.56 billion real chained 2019 US$ | -14.5% |
| 2016 | 332.64 billion real chained 2019 US$ | -2.9% |
| 2017 | 305.86 billion real chained 2019 US$ | -8.0% |
| 2018 | 264.19 billion real chained 2019 US$ | -13.6% |
| 2019 | 245.38 billion real chained 2019 US$ | -7.1% |
| 2020 | 190.49 billion real chained 2019 US$ | -22.4% |
Turkey compared with similar countries
- Turkey's 190.49 billion real chained 2019 US$ is above the median for upper middle income countries, which is 30.63 billion real chained 2019 US$, 6.2× the median. (43 countries reporting)
- Turkey's 190.49 billion real chained 2019 US$ is above the median for Europe & Central Asia, which is 144.24 billion real chained 2019 US$, 1.3× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 986.68 billion real chained 2019 US$ | 986.68 billion real chained 2019 US$ | 986.68 billion real chained 2019 US$ | 1 |
| 2000s | 456.34 billion real chained 2019 US$ | 333.19 billion real chained 2019 US$ | 644.59 billion real chained 2019 US$ | 10 |
| 2010s | 362.04 billion real chained 2019 US$ | 245.38 billion real chained 2019 US$ | 460.08 billion real chained 2019 US$ | 10 |
| 2020s | 190.49 billion real chained 2019 US$ | 190.49 billion real chained 2019 US$ | 190.49 billion real chained 2019 US$ | 1 |
Countries ranked near Turkey
- 46 Philippines 219.68 billion real chained 2019 US$ compare
- 47 Colombia 217.70 billion real chained 2019 US$ compare
- 48 Iran 213.82 billion real chained 2019 US$ compare
- 50 Vietnam 180.66 billion real chained 2019 US$ compare
- 51 Ukraine 144.24 billion real chained 2019 US$ compare
- 52 Peru 143.50 billion real chained 2019 US$ compare
More reference data data for Turkey
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.815 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 10.96 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 22.31 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.72 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 22.31 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.73 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.1 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 53.65 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 103 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.35 (2050)
Frequently asked questions
- What is foreign assets in Turkey?
- Foreign assets in Turkey was 190.49 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets recorded in Turkey?
- The highest recorded value was 986.68 billion real chained 2019 US$ in 1999.
- What is the lowest foreign assets recorded in Turkey?
- The lowest recorded value was 190.49 billion real chained 2019 US$ in 2020.
- How does Turkey rank for foreign assets?
- Turkey ranks 49th out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Turkey?
- Over the last ten years it is down 58.6%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.