Deposit Interest Rate in Turkey remained unchanged at 22.50 percent in December from 22.50 percent in November of 2018. Deposit Interest Rate in Turkey averaged 40.88 percent from 1990 until 2018, reaching an all time high of 398.10 percent in April of 1994 and a record low of 1.50 percent in December of 2010.

Deposit Interest Rate in Turkey is expected to be 22.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Turkey to stand at 16.25 in 12 months time. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 11.25 percent in 2020, according to our econometric models.

Turkey Overnight Borrowing Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-25 11:00 AM TCMB Overnight Borrowing Rate 7.25% 7.25% 7.25% 7.25%
2018-05-23 05:00 PM TCMB Overnight Borrowing Rate 7.25% 7.25%
2018-06-07 11:00 AM TCMB Overnight Borrowing Rate 16.25% 15% 18%
2018-07-24 11:00 AM TCMB Overnight Borrowing Rate 16.25% 16.25% 16.25% 16.25%


Turkey Money Last Previous Highest Lowest Unit
Interest Rate 24.00 24.00 500.00 4.50 percent [+]
Money Supply M1 488062659.10 522974069.80 559184534.70 55562063.00 TRY Thousand [+]
Interbank Rate 24.12 24.10 28.52 4.74 percent [+]
Money Supply M2 1891085359.70 1984450421.40 2031956192.40 236620702.00 TRY Thousand [+]
Money Supply M3 1934772523.70 2028975586.30 2080428515.90 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 127079.20 128160.30 150428.70 1240.00 USD Million [+]
Banks Balance Sheet 4098487430.00 4345002487.00 4345002487.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1279439729.00 1362830642.00 1438571065.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 22.50 22.50 398.10 1.50 percent [+]
Private Debt to GDP 170.80 159.40 170.80 131.20 percent [+]
Lending Rate 25.50 25.50 2300.00 6.50 percent [+]
Foreign Stock Investment 29677.00 31374.00 82048.00 0.00 USD Million [+]
Cash Reserve Ratio 12.00 12.00 13.00 9.00 percent [+]
Central Bank Balance Sheet 801298893.00 858925152.00 858925152.00 9071.00 TRY Thousand [+]


Turkey Overnight Borrowing Rate

In Turkey, the Overnight Borrowing Rate refers to the rate under which banks lend or deposit money to the Central Bank. This page includes a chart with historical data for Deposit Interest Rate in Turkey. Turkey Overnight Borrowing Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
22.50 22.50 398.10 1.50 1990 - 2018 percent Monthly




Country Last Previous
Turkey 22.50 Dec/18
Argentina 21.55 Dec/17
Brazil 8.51 Dec/17
South Africa 7.25 Dec/17
Indonesia 5.25 Nov/18
Russia 5.21 Sep/18
Saudi Arabia 3.13 Dec/18
Mexico 2.70 Dec/17
Australia 1.90 Nov/18
South Korea 1.67 Dec/17
United Kingdom 0.50 Sep/18
China 0.35 Nov/18
Japan 0.32 Dec/17
Singapore 0.14 Dec/17
Canada 0.10 Dec/17
Switzerland -0.32 Oct/18
Euro Area -0.40 Dec/18


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