According to Central Bank data, as of the end of May, short-term external debt stock was realized as USD 175.9 billion, based on the remaining maturity, which is calculated by using external debt data one year or less, regardless of the original maturity.
According to the data of the Central Bank: In the first five months of the year, short-term external debt stock originated by banks decreased by 2.2 percent to $ 55.8 billion, while other sectors' short-term external debt stock rose by 10.5% to $ 59.1 billion.
Debt of public banks and private sector increased
When analyzed on a borrower basis, the short-term debt of the public sector, which consists of all public banks, increased by 3.5 percent to 23.3 billion dollars compared to the end of 2018, while the private sector's short-term external debt increased by 4.0 percent and rose to 91.7 billion dollars.
Short-term external debt $ 176 billion
Maturity of one year or calculated using less stuck external debt of 175.9 billion dollars in short-term debt 19.2 billion of the stock, the composed debt to affiliates resident in overseas branches of banks and the private sector in Turkey. 18.3 percent of the public sector, 3.1 percent of the Central Bank, and 78.6 percent of the private sector.
As of the end of May, short-term external debt stock increased by 3.3 percent compared to end-2018 and reached USD 120.4 billion. According to the Central Bank data, as of the end of May, the remaining short-term external debt stock, calculated by using external debt data with one year or less remaining regardless of its original maturity, was realized as 175.9 billion dollars. According to the Central Bank's Developments in Short-Term External Debt Statistics - May 2019: In the first five months of the year, short-term external debt stock originated from banks decreased by 2.2 percent to 55.8 billion dollars and short-term external debt stock of other sectors increased by 10.5 and rose to the 59.1 billion dollar.
Short-term loans used by banks abroad decreased by 8.8 percent compared to the end of 2018 and went down to $ 10 billion. Foreign exchange deposits of non-residents excluding banks increased by 3.4 percent to $ 19.7 billion, while non-resident banks' deposits decreased by 1.6 percent to $ 12.8 billion.
In contrast, non-residents' deposits in lira fell 5.3 percent compared to the end of last year and fell to $ 13.3 billion.
Import debts under other sectors increased by 6.4 percent compared to the end of 2018 and reached USD 42.4 billion.
When analyzed on a borrower basis, the short-term debt of the public sector, which consists of all public banks, increased by 3.5 percent to 23.3 billion dollars compared to the end of 2018, while the private sector's short-term external debt increased by 4.0 percent and rose to 91.7 billion dollars.
Short-term debts to private creditors under the title of creditors decreased by 8.3 percent to 44.4 billion dollars, while non-monetary institutions increased by 11 percent to 75 billion dollars.
As of the end of May, 52.3 percent of short-term external debt stock was USD, 29.9 percent was euro, 12.9 percent was lira and 4.9 percent was other foreign currencies.
A year or calculated using less stuck external debt of 175.9 billion dollars in short-term debt 19.2 billion of the stock on the maturity regardless of the original maturity, the composed debt to affiliates resident in overseas branches of banks and the private sector in Turkey. 18.3 percent of the public sector, 3.1 percent of the Central Bank and 78.6 percent of the private sector in total stock.