Deposit interest rate in Turkey
Turkey: Deposit interest rate was 57.6% in 2025. ◆ Volatile
Deposit interest rate in Turkey, 1978–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
In 2025, deposit interest rate in Turkey stood at 57.6%.
The figure is down 18.9% on the previous year and up 286.2% over ten years.
Over the whole period, deposit interest rate in Turkey peaked at 87.8% in 1994 and was at its lowest, 6.0%, in 1978.
Turkey ranks 1st of 152 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.7% | 6.0% | 7.3% | 2 |
| 1980s | 40.4% | 8.0% | 53.8% | 10 |
| 1990s | 72.6% | 47.5% | 87.8% | 10 |
| 2000s | 33.9% | 17.6% | 74.7% | 10 |
| 2010s | 17.2% | 14.1% | 25.4% | 10 |
| 2020s | 40.2% | 13.4% | 71.0% | 6 |
Countries ranked near Turkey
More financial sector data for Turkey
- Domestic credit to private sector 45.8% (2025)
- Net domestic credit 31.38 trillion current LCU (2025)
- Total reserves in months of imports 4.73 (2024)
- Net foreign assets 1.47 trillion current LCU (2025)
- Domestic credit to private sector by banks 36.9% (2025)
- Monetary Sector credit to private sector 36.9% (2025)
- Claims on central government, etc. 12.9% (2025)
- Broad money 42.4% (2025)
- Official exchange rate 39.45 LCU per US$, period average (2025)
- Net migration -258,205 (2025)
Frequently asked questions
- What is deposit interest rate in Turkey?
- Deposit interest rate in Turkey was 57.6% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Turkey?
- The highest recorded value was 87.8% in 1994.
- What is the lowest deposit interest rate recorded in Turkey?
- The lowest recorded value was 6.0% in 1978.
- How does Turkey rank for deposit interest rate?
- Turkey ranks 1st out of 152 countries with data for 2025.
- Is deposit interest rate rising or falling in Turkey?
- Over the last ten years it is up 286.2%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
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About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.