Latest: Colombia 15:00 Colombian Presidential Election Forecast: 0
Latest: Switzerland 12:00 SNB Gov Board Member Zurbrugg Speaks Forecast: 0
Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0

Deposit Interest Rate in Turkey

Deposit Interest Rate in Turkey

Indicator Data Period
Deposit Interest Rate 28.5 % Sep/23


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Turkey - Historical Data (%)

What is average deposit bank interest rate in Turkey?

  • Bank Deposit Interest Rate in Turkey increased to 28.5 % in September 2023. The maximum rate was 398 % and minimum was 1.5 %.
  • Data published Monthly by World Bank.

Historical Data (%) by years

Data
Period
Date
28.5 Sep/23 21.09.2023
23.5 Aug/23 24.08.2023
16 Jul/23 20.07.2023
13.5 Jun/23 22.06.2023
7 May/23 25.05.2023
7 Apr/23 27.04.2023
7 Mar/23 23.03.2023
7 Feb/23 23.02.2023


Historical Chart by presidents (%)

Deposit Interest Rate in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Turkey

Index Updated Actual Previous
Interbank Rate Oct/23 15.63 % 15.63
Interest Rate Sep/23 30 % 25
Loans to Private Sector Aug/23 173.657 B USD 172.681
Money Supply M1 Sep/23 162.421 B USD 164.351
Central Bank Balance Sheet Aug/23 203.56 B USD 199.115
Foreign Direct Investment 2023 0.287 B USD 0.536
Private Sector Credit  Aug/23 2897.153 B USD 2849.318

Deposit Interest Rate in other countries

Country Updated Actual Previous
Ireland Jul/23 13.3 % 12.2
Norway Sep/23 3.25 % 3
Belarus Aug/23 8.5 % 8.5
Bulgaria 2022 0.02 % 0.02
Croatia Jul/23 0.02 % 0.02
Czech Republic Aug/23 6 % 6
Euro Area Sep/23 4 % 3.75
Hungary Sep/23 12 % 12.5
Macedonia Aug/23 4.05 % 3.9
Moldova Sep/23 4 % 4
Poland Oct/23 5.25 % 5.25
Romania Aug/23 6 % 6
Russia Aug/23 8.64 % 5.75
Serbia Oct/23 5.25 % 5.25
Sweden Sep/23 3.9 % 3.65
Switzerland Aug/23 1.28 % 1.26
Turkey Sep/23 28.5 % 23.5
Ukraine Aug/23 13.33 % 14.26
United Kingdom Jul/23 4.25 % 4.25
Albania Oct/23 2 % 2
Bosnia and Herzegovina 2022 0.54 % 0.58