In December, the short-term external debt stock increased by 0.4 percent compared to the previous month, reaching 172.3 billion dollars. The Central Bank of the Republic of Turkey (CBRT) announced the short-term external debt statistics for the period ending December 2024. Accordingly, the short-term external debt stock increased by 0.4 percent in December compared to the previous month, reaching 172.3 billion dollars. The short-term external debt stock, showing debts with a remaining maturity of 1 year or less, also amounted to 221.3 billion dollars. During this period, short-term external debt stock originated from banks decreased by 0.7 percent compared to the previous month, totaling 74.3 billion dollars, while the liabilities from the Central Bank decreased by 3.8 percent to 34.8 billion dollars. Short-term loans obtained by banks from abroad decreased by 1.6 percent from the previous month, amounting to 16.8 billion dollars. Foreign banks’ deposits in the domestic banking system decreased by 0.4 percent, reaching 18.7 billion dollars. Foreign residents’ foreign currency deposit accounts decreased by 0.4 percent, amounting to 18.6 billion dollars, while their deposits in Turkish Lira decreased by 0.5 percent, totaling 20.2 billion dollars. Short-term external debt stock from other sectors increased by 4.2 percent compared to the previous month, reaching 63.2 billion dollars. Trade-related commercial credits increased by 5.1 percent to 59.4 billion dollars, while liabilities from cash credits decreased by 7.4 percent to 3.8 billion dollars. When analyzing the foreign exchange composition, 48.3 percent of the short-term external debt stock consisted of dollars, 19.6 percent of euros, 16.4 percent of Turkish Lira, and 15.7 percent of other currencies. As of December, in terms of remaining maturity, the total obligations of the Central Bank and the general government decreased compared to 2023, while the obligations of banks and other sectors increased.