Target name | Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress |
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Indicator name | Debt service as a proportion of exports of goods and services |
Global / Proxy indicator | Global indicator |
Description of indicator |
This indicator is calculated by the proportion of debt payments made to goods and services to exports of goods and services.
Export of goods: It is the sale of goods by real or legal persons residing in a country to other countries. As a result of the sale, the goods must actually leave the country's customs borders. Export of services : Service value sold to non-residents, service imports are service value received from non-residents. Debt service: Refers to principal and interest payments to goods and services. This data covers only long-term public and publicly guaranteed debt payments and payments to the IMF. Data for exports of goods and services includes primary income from exports, but not employees' transfers. |
Unit | (%) |
Available disaggregation | - |
Calculation | Debt service as a proportion of exports of goods and services = (Principal and interest payments to goods and services) / (Exports of goods and services) * 100 |
Comparability | Comparable over time. Since it is a proxy indicator, it differs from global metadata in some way. |
Revision |
Revision Schedule for Balance of Payments: When disseminating the current month’s data except for December; • Short-term external debt data and long-term private external debt data till the year 2002, • For other items, current year’s data as well as previous year’s monthly data, When disseminating the data of December, previous five years’ data of all the items will be subject to revision retrospectively. Apart from these; whenever a large-scale revision is needed in any data that compose the Balance of Payments Statistics, previous years’ data will be subject to revision by informing the public at large. |
Other information | - |
Data source |
UN SDG Database Ministry of Treasury and Finance, Central Bank of the Republic of Turkey (CBRT) |
Data source link | https://www.tcmb.gov.tr/wps/wcm/connect/EN/TCMB+EN/Main+Menu/Statistics/ Balance+of+Payments+and+Related+Statistics/Balance+of+Payments+Statisticss/ |
Headline data
Year | Value |
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2015 | 2 |
2016 | 2 |
This table provides information on metadata for SDG indicators as defined by the UN Statistical Commission. Complete global metadata is provided by the UN Statistics Division.
Target name |
Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress |
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Indicator name |
Debt service as a proportion of exports of goods and services |
UN designated tier |
Tier I |
UN custodian agency |
World Bank (WB) |
Link to UN metadata | United Nations Sustainable Development Goals Metadata opens in a new window |