{"id":67961,"date":"2026-03-09T14:39:07","date_gmt":"2026-03-09T14:39:07","guid":{"rendered":"https:\/\/bihavadis.com\/?p=67961"},"modified":"2026-03-09T14:39:07","modified_gmt":"2026-03-09T14:39:07","slug":"kuresel-borclar-2025te-348-trilyon-dolarla-rekor-kirdi","status":"publish","type":"post","link":"https:\/\/bihavadis.com\/index.php\/2026\/03\/09\/kuresel-borclar-2025te-348-trilyon-dolarla-rekor-kirdi\/","title":{"rendered":"K\u00fcresel bor\u00e7lar 2025’te 348 trilyon dolarla rekor k\u0131rd\u0131"},"content":{"rendered":"

Uluslararas\u0131 Finans Enstit\u00fcs\u00fc (IIF), “K\u00fcresel Bor\u00e7 Monit\u00f6r\u00fc” <\/em><\/b>raporunu yay\u0131mlad\u0131.<\/p>\n

Rapora g\u00f6re, k\u00fcresel bor\u00e7 birikim h\u0131z\u0131 ge\u00e7en y\u0131l keskin bir \u015fekilde h\u0131zlanarak salg\u0131n d\u00f6nemindeki art\u0131\u015ftan bu yana en h\u0131zl\u0131 y\u00fckseli\u015fini kaydetti.<\/p>\n

Bu bor\u00e7lulukta kamu borcunun pay\u0131 \u00e7ok y\u00fcksek.<\/p>\n

BOR\u00c7LULUK 29 TR\u0130LYON ARTTI<\/strong><\/p>\n

Toplam k\u00fcresel bor\u00e7 ge\u00e7en y\u0131l yakla\u015f\u0131k 29 trilyon dolar artarak 348,3 trilyon dolarla t\u00fcm zamanlar\u0131n en y\u00fcksek seviyesine \u00e7\u0131kt\u0131.<\/p>\n

BOR\u00c7 ARTI\u015eININ \u00dc\u00c7TE \u0130K\u0130S\u0130 GEL\u0130\u015eM\u0130\u015e P\u0130YASALARDAN KAYNAKLANDI<\/strong><\/p>\n

K\u00fcresel bor\u00e7 art\u0131\u015f\u0131n\u0131n yakla\u015f\u0131k \u00fc\u00e7te ikisi b\u00fct\u00e7e a\u00e7\u0131\u011f\u0131 harcamalar\u0131n\u0131n y\u00fckselmesiyle geli\u015fmi\u015f piyasalardan kaynakland\u0131.<\/p>\n

Bor\u00e7 stoklar\u0131 hem geli\u015fmi\u015f hem de geli\u015fmekte olan ekonomilerde yeni zirvelere ula\u015farak birikimin geni\u015f tabanl\u0131 yap\u0131s\u0131n\u0131 ortaya koydu.<\/p>\n

GEL\u0130\u015eM\u0130\u015e VE GEL\u0130\u015eMEKTE OLAN \u00dcLKELER\u0130N BOR\u00c7LARI<\/strong><\/p>\n

Geli\u015fmi\u015f ekonomilerin toplam borcu ge\u00e7en y\u0131l\u0131n son \u00e7eyre\u011finde 231,7 trilyon dolar olarak hesaplan\u0131rken, geli\u015fmekte olan \u00fclkelerde toplam bor\u00e7 116,6 trilyon dolara ula\u015ft\u0131.<\/p>\n

BORCUN GSYH’YE ORANINDAK\u0130 D\u00dc\u015e\u00dc\u015e BE\u015e\u0130NC\u0130 YILA TA\u015eINDI<\/strong><\/p>\n

K\u00fcresel borcun Gayri Safi Yurt \u0130\u00e7i Has\u0131la’ya (GSYH) oran\u0131 art arda be\u015finci y\u0131l d\u00fc\u015f\u00fc\u015f kaydederek 2025’te yakla\u015f\u0131k y\u00fczde 308’e geriledi.<\/p>\n

S\u00f6z konusu d\u00fc\u015f\u00fc\u015f a\u011f\u0131rl\u0131kl\u0131 olarak geli\u015fmi\u015f piyasalardan kaynaklan\u0131rken, geli\u015fmekte olan piyasalarda borcun GSYH’ye oran\u0131 y\u00fckselmeye devam etti ve y\u00fczde 235’in \u00fczerine \u00e7\u0131karak rekor tazeledi.<\/p>\n

K\u00dcRESEL BOR\u00c7TAK\u0130 ARTI\u015eIN 10 TR\u0130LYON DOLARDAN FAZLASI KAMU BOR\u00c7LANMALARINDAN KAYNAKLANDI<\/strong><\/p>\n

K\u00fcresel borcun da\u011f\u0131l\u0131m\u0131na bak\u0131ld\u0131\u011f\u0131nda, hane halk\u0131na ait bor\u00e7lar ge\u00e7en y\u0131l\u0131n d\u00f6rd\u00fcnc\u00fc \u00e7eyre\u011finde 64,6 trilyon dolara, finansal olmayan \u015firketlere ait bor\u00e7lar 100,6 trilyon dolara, kamu bor\u00e7lar\u0131 106,7 trilyon dolara ve finansal sekt\u00f6r bor\u00e7lar\u0131 76,4 trilyon dolara y\u00fckseldi.<\/p>\n

KAMU BOR\u00c7LARININ K\u00dcRESEL BOR\u00c7LULUKTAK\u0130 PAYI<\/strong><\/p>\n

Kamu bor\u00e7lanmalar\u0131 2025’te k\u00fcresel bor\u00e7 art\u0131\u015f\u0131n\u0131n 10 trilyon dolardan fazlas\u0131n\u0131 olu\u015fturdu ve art\u0131\u015f\u0131n neredeyse d\u00f6rtte \u00fc\u00e7\u00fc \u00c7in, ABD ve Euro B\u00f6lgesi’nden kaynakland\u0131.<\/p>\n

Avrupa i\u00e7inde kamu bor\u00e7lar\u0131ndaki geni\u015fleme a\u011f\u0131rl\u0131kl\u0131 olarak Fransa ve \u0130talya’da yo\u011funla\u015f\u0131rken, bu \u00fclkeleri Almanya izledi. \u00c7in’deki art\u0131\u015f\u0131n yan\u0131 s\u0131ra geli\u015fmekte olan piyasalarda devlet bor\u00e7lar\u0131ndaki birikim en belirgin \u015fekilde Brezilya, Meksika ve Rusya’da g\u00f6r\u00fcld\u00fc.<\/p>\n

K\u00dcRESEL BOR\u00c7 B\u0130R\u0130K\u0130M\u0130N\u0130N G\u00dc\u00c7L\u00dc SEYR\u0130N\u0130N S\u00dcRMES\u0130 BEKLEN\u0130YOR<\/strong><\/p>\n

GSYH’ye oranlar\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda, hane halk\u0131na ait bor\u00e7lar 2025’in son \u00e7eyre\u011finde \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine k\u0131yasla y\u00fczde 57,5’ten y\u00fczde 57’ye, finansal olmayan \u015firketlere ait bor\u00e7lar y\u00fczde 88,4’ten y\u00fczde 88,2’ye ve finansal sekt\u00f6re ait bor\u00e7lar y\u00fczde 69,8’den y\u00fczde 68,2’ye geriledi. Ayn\u0131 d\u00f6nemde kamu bor\u00e7lar\u0131n\u0131n oran\u0131 y\u00fczde 93’ten y\u00fczde 94,8’e \u00e7\u0131kt\u0131.<\/p>\n

<\/p>\n

T\u00dcRK\u0130YE’N\u0130N KAMU BOR\u00c7LARI AZALDI<\/strong><\/p>\n

T\u00fcrkiye’de ise bor\u00e7lar\u0131n GSYH’ye oranlar\u0131 dikkate al\u0131nd\u0131\u011f\u0131nda, ge\u00e7en y\u0131l\u0131n son \u00e7eyre\u011finde \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine k\u0131yasla hane halk\u0131na ait bor\u00e7lar y\u00fczde 9,9’dan y\u00fczde 10,1’e ve finansal olmayan \u015firket bor\u00e7lar\u0131 y\u00fczde 37,3’ten y\u00fczde 38,2’ye \u00e7\u0131karken, kamu bor\u00e7lar\u0131 y\u00fczde 27,5’ten y\u00fczde 26,8’e ve finansal sekt\u00f6r bor\u00e7lar\u0131 y\u00fczde 17,5’ten y\u00fczde 17,3’e geriledi.<\/p>\n

Raporda, ileriye bak\u0131ld\u0131\u011f\u0131nda \u00f6zellikle ABD, \u00c7in, Almanya, Japonya ve Hindistan’da artan kamu bor\u00e7lanma ihtiya\u00e7lar\u0131 nedeniyle k\u00fcresel bor\u00e7 birikiminin g\u00fc\u00e7l\u00fc kalmas\u0131n\u0131n beklendi\u011fi belirtildi.<\/p>\n

Kaynak:<\/strong> Anadolu Ajans\u0131 (AA)<\/span> <\/div>\n","protected":false},"excerpt":{"rendered":"

Uluslararas\u0131 Finans Enstit\u00fcs\u00fc (IIF), “K\u00fcresel Bor\u00e7 Monit\u00f6r\u00fc” raporunu yay\u0131mlad\u0131. Rapora g\u00f6re, k\u00fcresel bor\u00e7 birikim h\u0131z\u0131 ge\u00e7en y\u0131l keskin bir \u015fekilde h\u0131zlanarak salg\u0131n d\u00f6nemindeki art\u0131\u015ftan bu yana en h\u0131zl\u0131 y\u00fckseli\u015fini kaydetti. Bu bor\u00e7lulukta kamu …<\/p>\n","protected":false},"author":1,"featured_media":67962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[927,6537,4806,1882,7651],"class_list":["post-67961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ekonomi","tag-art","tag-borc","tag-borcu","tag-finans","tag-kuresel-borc"],"_links":{"self":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/67961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/comments?post=67961"}],"version-history":[{"count":1,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/67961\/revisions"}],"predecessor-version":[{"id":67964,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/posts\/67961\/revisions\/67964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/media\/67962"}],"wp:attachment":[{"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/media?parent=67961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/categories?post=67961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bihavadis.com\/index.php\/wp-json\/wp\/v2\/tags?post=67961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}