Deposit Interest Rate in Turkey decreased to 34.50 percent in October from 35.50 percent in September of 2026. Deposit Interest Rate in Turkey averaged 37.43 percent from 1990 until 2026, 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. source: Central Bank of the Republic of Turkey
Deposit Interest Rate in Turkey is expected to be 33.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 26.50 percent in 2027 and 23.50 percent in 2028, according to our econometric models.