CHP’s Economy Report: Debt Rose to 16.2 Trillion, Non-Performing Loans Reached 945.6 Billion Liras

According to the new economy report prepared by the CHP, as of October 2026, the central government debt stock reached 16.2 trillion liras, and the total non-performing loans in banks hit 945.6 billion liras. The report drew attention to negative tables created by the decline in consumer confidence, the increase in the external debt burden, brain drain rates, and the high cost of living.

In the economy report prepared by the CHP, it was stated that in October, the consumer confidence index fell by 7.7 percent to 84.8, while the real sector confidence index dropped to 101.1. It was emphasized that the central government debt stock rose to 16 trillion 202 billion liras as of September 2026, and the increase since the beginning of the year reached 36 percent. While domestic debt constituted 9 trillion 701 billion liras of the total debt and external debt constituted 6 trillion 501 billion liras, it was noted that 50.7 percent of the debt was denominated in foreign currency.

As of August 2026, the total external debt that needs to be paid within a year reached 243.3 billion dollars. While non-performing loans in the banking sector rose to 945.6 billion liras, the amount of SME loans falling into non-performing status was 330.7 billion liras. The number of liquidated companies increased by 19.6 percent annually in September to 3,696. Additionally, the brain drain rate of higher education graduates rising to 2.2 percent, agricultural input prices increasing by 30.3 percent annually, and 50.5 percent of the public being unable to afford vacation expenses were among the other topics included in the report.