Bank of Turkey Interest Rate
Interest Rate in Turkey
| Indicator | Data | Period |
|---|---|---|
| Interest Rate | 30 % | Sep/23 |
Latest data on Interest Rate (%)
What is Bank of Turkey Interest Rate?
- Interest Rate in Turkey increased to 30 % in September 2023. The maximum level was 500 % and minimum was 4.5 %.
- Data published Monthly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 30 | Sep/23 | 21.09.2023 |
| 25 | Aug/23 | 24.08.2023 |
| 17.5 | Jul/23 | 20.07.2023 |
| 15 | Jun/23 | 22.06.2023 |
| 8.5 | May/23 | 25.05.2023 |
| 8.5 | Apr/23 | 27.04.2023 |
| 8.5 | Mar/23 | 23.03.2023 |
| 8.5 | Feb/23 | 23.02.2023 |
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 | Oct/23 | 15.63 % | 15.63 |
| 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 |
| Deposit Interest Rate | Sep/23 | 28.5 % | 23.5 |
| Foreign Direct Investment | 2023 | 0.287 B USD | 0.536 |
| Private Sector Credit | Aug/23 | 2897.153 B USD | 2849.318 |
Interest Rate in other countries
| Country | Updated | Actual | Previous |
| Austria | Sep/23 | 4.5 % | 4.25 |
| Ireland | Sep/23 | 4.5 % | 4.25 |
| Luxembourg | Sep/23 | 4.5 % | 4.25 |
| Spain | Sep/23 | 4.5 % | 4.25 |
| Iceland | Oct/23 | 9.25 % | 9.25 |
| Norway | Sep/23 | 4.25 % | 4 |
| Belarus | Aug/23 | 9.5 % | 9.5 |
| Belgium | Sep/23 | 4.5 % | 4.25 |
| Bulgaria | Aug/23 | 3.29 % | 3.12 |
| Croatia | Sep/23 | 4.5 % | 4.25 |
| Cyprus | Sep/23 | 4.5 % | 4.25 |
| Czech Republic | Sep/23 | 7 % | 7 |
| Denmark | Aug/23 | 3.35 % | 3.35 |
| Estonia | Sep/23 | 4.5 % | 4.25 |
| Euro Area | Sep/23 | 4.5 % | 4.25 |
| Finland | Sep/23 | 4.5 % | 4.25 |
| France | Sep/23 | 4.5 % | 4.25 |
| Germany | Sep/23 | 4.5 % | 4.25 |
| Greece | Sep/23 | 4.5 % | 4.25 |
| Hungary | Sep/23 | 13 % | 14 |
| Italy | Sep/23 | 4.5 % | 4.25 |
| Latvia | Sep/23 | 4.5 % | 4.25 |
| Lithuania | Sep/23 | 4.5 % | 4.25 |
| Macedonia | Sep/23 | 6.3 % | 6.15 |
| Malta | Sep/23 | 4.5 % | 4.25 |
| Moldova | Sep/23 | 6 % | 6 |
| Netherlands | Sep/23 | 4.5 % | 4.25 |
| Poland | Oct/23 | 5.75 % | 6 |
| Portugal | Sep/23 | 4.5 % | 4.25 |
| Romania | Oct/23 | 7 % | 7 |
| Russia | Sep/23 | 13 % | 12 |
| Serbia | Oct/23 | 6.5 % | 6.5 |
| Slovakia | Sep/23 | 4.5 % | 4.25 |
| Slovenia | Sep/23 | 4.5 % | 4.25 |
| Sweden | Sep/23 | 4 % | 3.75 |
| Switzerland | Sep/23 | 1.75 % | 1.75 |
| Turkey | Sep/23 | 30 % | 25 |
| Ukraine | Sep/23 | 20 % | 22 |
| United Kingdom | Sep/23 | 5.25 % | 5.25 |
| Albania | Oct/23 | 3 % | 3 |
| Bosnia and Herzegovina | Aug/23 | 4.36 % | 4.45 |
