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Bank of Turkey Interest Rate

Interest Rate in Turkey

Indicator Data Period
Interest Rate 12 % Sep/22


Latest data on Interest Rate (%)

Interest Rate
                     Turkey - Historical Data (%)

What is Bank of Turkey Interest Rate?

  • Interest Rate in Turkey decreased to 12 % in September 2022. The maximum level was 500 % and minimum was 4.5 %.
  • Data published Monthly by Central Bank.

Historical Data (%) by years

Data
Period
Date
12 Sep/22 22.09.2022
13 Aug/22 25.08.2022
14 Jul/22 21.07.2022
14 Jun/22 23.06.2022
14 May/22 26.05.2022
14 Apr/22 14.04.2022
14 Mar/22 17.03.2022
14 Feb/22 17.02.2022


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 Sep/22 15.63 % 15.63
Loans to Private Sector Aug/22 181.598 B USD 177.312
Money Supply M1 Aug/22 149.203 B USD 144.547
Central Bank Balance Sheet Aug/22 174.867 B USD 170.434
Deposit Interest Rate Sep/22 10.5 % 11.5
Foreign Direct Investment 2022 0.29 B USD 0.217
Private Sector Credit  Aug/22 2731.83 B USD 2659.623

Interest Rate in other countries

Country Updated Actual Previous
Austria Sep/22 1.25 % 0.5
Ireland Sep/22 1.25 % 0.5
Luxembourg Sep/22 1.25 % 0.5
Spain Sep/22 1.25 % 0.5
Iceland Aug/22 5.5 % 4.75
Norway Sep/22 2.25 % 1.75
Belarus Aug/22 12 % 12
Belgium Sep/22 1.25 % 0.5
Bulgaria Aug/22 0 % 0
Croatia Jul/22 2.5 % 2.5
Cyprus Sep/22 1.25 % 0.5
Czech Republic Sep/22 7 % 7
Denmark Sep/22 0.65 % -0.1
Estonia Sep/22 1.25 % 0.5
Euro Area Sep/22 1.25 % 0.5
Finland Sep/22 1.25 % 0.5
France Sep/22 1.25 % 0.5
Germany Sep/22 1.25 % 0.5
Greece Sep/22 1.25 % 0.5
Hungary Sep/22 13 % 11.75
Italy Sep/22 1.25 % 0.5
Latvia Sep/22 1.25 % 0.5
Lithuania Sep/22 1.25 % 0.5
Macedonia Aug/22 2.5 % 2.5
Malta Sep/22 1.25 % 0.5
Moldova Sep/22 21.5 % 21.5
Netherlands Sep/22 1.25 % 0.5
Poland Sep/22 6.75 % 6.5
Portugal Sep/22 1.25 % 0.5
Romania Aug/22 5.5 % 4.75
Russia Sep/22 7.5 % 8
Serbia Sep/22 3.5 % 3
Slovakia Sep/22 1.25 % 0.5
Slovenia Sep/22 1.25 % 0.5
Sweden Sep/22 1.75 % 0.75
Switzerland Sep/22 0.5 % -0.25
Turkey Sep/22 12 % 13
Ukraine Sep/22 25 % 25
United Kingdom Sep/22 2.25 % 1.75
Albania Aug/22 1.75 % 1.25
Bosnia and Herzegovina Jul/22 3.63 % 3.27