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Deposit Interest Rate in Turkey

Deposit Interest Rate in Turkey

Indicator Data Period
Deposit Interest Rate 7 % May/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 remained unchanged at 7 % in May 2023. The maximum rate was 398 % and minimum was 1.5 %.
  • Data published Monthly by World Bank.

Historical Data (%) by years

Data
Period
Date
7 May/23 25.05.2023
7 Apr/23 27.04.2023
7 Mar/23 23.03.2023
7 Feb/23 23.02.2023
7.5 Jan/23 19.01.2023
7.5 Dec/22 22.12.2022
7.5 Nov/22 24.11.2022
9 Oct/22 20.10.2022


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 Jun/23 15.63 % 15.63
Interest Rate May/23 8.5 % 8.5
Loans to Private Sector Apr/23 174.257 B USD 168.476
Money Supply M1 May/23 150.676 B USD 157.253
Central Bank Balance Sheet Apr/23 165.114 B USD 159.854
Foreign Direct Investment 2023 0.449 B USD 0.284
Private Sector Credit  Apr/23 2892.678 B USD 2776.827

Deposit Interest Rate in other countries

Country Updated Actual Previous
Ireland Mar/23 11 % 10.8
Norway May/23 2.25 % 2
Belarus May/23 8.75 % 9
Bulgaria 2022 0.02 % 0.02
Croatia Dec/22 0 % 0
Czech Republic May/23 6 % 6
Euro Area May/23 3.25 % 3
Hungary May/23 12.5 % 12.5
Macedonia May/23 3.65 % 3.4
Moldova May/23 8 % 8
Poland Jun/23 6.25 % 6.25
Romania May/23 6 % 6
Russia Apr/23 5.68 % 5.81
Serbia Jun/23 5 % 5
Sweden May/23 3.4 % 2.9
Switzerland Apr/23 1 % 0.94
Turkey May/23 7 % 7
Ukraine Apr/23 13.17 % 13.23
United Kingdom Mar/23 4 % 3.75
Albania May/23 2 % 2
Bosnia and Herzegovina 2022 0.54 % 0.58