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Bank of Turkey Interest Rate

Interest Rate in Turkey

Indicator Data Period
Interest Rate 9 % Jan/23


Latest data on Interest Rate (%)

Interest Rate
                     Turkey - Historical Data (%)

What is Bank of Turkey Interest Rate?

  • Interest Rate in Turkey remained unchanged at 9 % in January 2023. The maximum level was 500 % and minimum was 4.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
9 Jan/23 19.01.2023
9 Dec/22 22.12.2022
9 Nov/22 24.11.2022
10.5 Oct/22 20.10.2022
12 Sep/22 22.09.2022
13 Aug/22 25.08.2022
14 Jul/22 21.07.2022
14 Jun/22 23.06.2022


Historical Chart by presidents (%)

Interest Rate in Turkey by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Tayyip Erdogan 28.08.2014 - 8.2500 17.7500 17.7500 7.5000 115.15%
Abdullah Gul 28.08.2007 - 28.08.2014 17.5000 8.2500 17.5000 4.5000 -52.86%
Necdet Sezer 16.05.2000 - 28.08.2007 39.0000 17.5000 300.0000 5.0000 -55.13%
Suleyman Demirel 16.05.1993 - 16.05.2000 61.2500 39.0000 500.0000 5.0000 -36.33%
Turgut Ozal 09.11.1989 - 17.04.1993 25.0000 63.0000 140.0000 20.0000 152.00%

Other money indicators in Turkey

Index Updated Actual Previous
Interbank Rate Jan/23 15.63 % 15.63
Loans to Private Sector Nov/22 190.627 B USD 187.007
Money Supply M1 Dec/22 163.567 B USD 158.797
Central Bank Balance Sheet Nov/22 187.939 B USD 174.889
Deposit Interest Rate Jan/23 7.5 % 7.5
Foreign Direct Investment 2022 0.949 B USD 0.432
Private Sector Credit  Nov/22 2936.903 B USD 2841.461

Interest Rate in other countries

Country Updated Actual Previous
Austria Dec/22 2.5 % 2
Ireland Dec/22 2.5 % 2
Luxembourg Dec/22 2.5 % 2
Spain Dec/22 2.5 % 2
Iceland Dec/22 6 % 6
Norway Jan/23 2.75 % 2.75
Belarus Jan/23 11.5 % 12
Belgium Dec/22 2.5 % 2
Bulgaria Dec/22 1.3 % 0.59
Croatia Dec/22 2.5 % 2
Cyprus Dec/22 2.5 % 2
Czech Republic Dec/22 7 % 7
Denmark Dec/22 1.75 % 1.25
Estonia Dec/22 2.5 % 2
Euro Area Dec/22 2.5 % 2
Finland Dec/22 2.5 % 2
France Dec/22 2.5 % 2
Germany Dec/22 2.5 % 2
Greece Dec/22 2.5 % 2
Hungary Jan/23 13 % 13
Italy Dec/22 2.5 % 2
Latvia Dec/22 2.5 % 2
Lithuania Dec/22 2.5 % 2
Macedonia Jan/23 4.75 % 4.75
Malta Dec/22 2.5 % 2
Moldova Dec/22 20 % 20
Netherlands Dec/22 2.5 % 2
Poland Jan/23 6.75 % 6.75
Portugal Dec/22 2.5 % 2
Romania Jan/23 7 % 6.75
Russia Dec/22 7.5 % 7.5
Serbia Jan/23 5.25 % 5
Slovakia Dec/22 2.5 % 2
Slovenia Dec/22 2.5 % 2
Sweden Dec/22 2.5 % 2.5
Switzerland Dec/22 1 % 0.5
Turkey Jan/23 9 % 9
Ukraine Jan/23 25 % 25
United Kingdom Dec/22 3.5 % 3
Albania Dec/22 2.75 % 2.75
Bosnia and Herzegovina Nov/22 3.66 % 3.77