# **External Debt Stocks, Total (DOD, Current US$)**
The indicator **"External Debt Stocks, Total (DOD, Current US$)"** represents the total amount of debt that a country owes to foreign creditors, expressed in **current U.S. dollars**. This debt includes obligations to:
- **private foreign banks**
- **foreign governments**
- **international financial institutions**
The term **"DOD"** stands for **"Disbursed and Outstanding Debt,"** which refers to the portion of the debt that has already been borrowed and is currently owed by the country. It encompasses both **long-term** and **short-term** debt, including obligations related to:
- **loans**
- **bonds**
- **other forms of borrowing**
The chart illustrates the total amount of external debt owed by **Turkey** over a **23-year period from 2000 to 2022**, with the data expressed in **current U.S. dollars**. The figures are shown in **billions**, providing a clear view of the trends and fluctuations in **Turkey's external debt** over this period.