Deposit Interest Rate in Turkey remained unchanged at 22.50 percent in April from 22.50 percent in March of 2019. Deposit Interest Rate in Turkey averaged 40.67 percent from 1990 until 2019, 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 22.50 in 12 months time. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 16.50 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 567654053.50 569489896.20 569489896.20 55562063.00 TRY Thousand [+]
Interbank Rate 26.13 26.13 28.52 4.74 percent [+]
Money Supply M2 2139582203.20 2068386069.80 2139582203.20 236620702.00 TRY Thousand [+]
Money Supply M3 2240589216.50 2157053749.70 2240589216.50 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 139273.00 135576.50 150428.70 1240.00 USD Million [+]
Banks Balance Sheet 3800152261.00 3764100502.00 4345002487.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1285634717.00 1168557625.00 1438571065.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 22.50 22.50 398.10 1.50 percent [+]
Private Debt to GDP 170.20 170.50 170.50 131.20 percent [+]
Lending Rate 25.50 25.50 2300.00 6.50 percent [+]
Foreign Stock Investment 25035.00 27668.00 82048.00 0.00 USD Million [+]
Cash Reserve Ratio 13.00 12.00 13.00 9.00 percent [+]
Central Bank Balance Sheet 757449524.00 758413514.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
22.50 22.50 398.10 1.50 1990 - 2019 percent Monthly




Country Last Previous
Argentina 51.63 May/19
Turkey 22.50 Apr/19
South Africa 7.12 Feb/19
Brazil 6.19 Mar/19
Russia 6.12 Mar/19
Indonesia 5.25 May/19
Mexico 3.69 Feb/19
Saudi Arabia 3.40 May/19
South Korea 2.07 Feb/19
Australia 1.85 Apr/19
Canada 1.81 May/19
United Kingdom 0.50 May/19
China 0.35 Apr/19
Singapore 0.20 Apr/19
Japan -0.22 May/19
Switzerland -0.31 Mar/19
Euro Area -0.40 Apr/19


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