Lending Rate in Turkey decreased to 40 percent in January from 41 percent in December of 2025. Lending Rate in Turkey averaged 32.17 percent from 1996 until 2026, reaching an all time high of 2300.00 percent in February of 2001 and a record low of 6.50 percent in May of 2013. source: Central Bank of the Republic of Turkey

Lending Rate in Turkey is expected to be 38.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 25.00 percent in 2027 and 20.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-11 11:00 AM
Overnight Lending Rate
Dec 41% 42.5% 41.5%
2026-01-22 11:00 AM
Overnight Lending Rate
Jan 40.00% 41% 40%
2026-03-12 11:00 AM
Overnight Lending Rate
Mar 40.00%


Related Last Previous Unit Reference
Banks Balance Sheet 44830306261.00 44020544181.00 TRY Thousand Nov 2025
Cash Reserve Ratio 25.00 25.00 percent Dec 2025
Central Bank Balance Sheet 12071962275.00 12157882198.00 TRY Thousand Nov 2025
Overnight Borrowing Rate 35.50 36.50 percent Jan 2026
Foreign Exchange Reserves 86200.00 84150.00 USD Million Jan 2026
Interest Rate 37.00 38.00 percent Jan 2026
Overnight Lending Rate 40.00 41.00 percent Jan 2026
Loans to Non Financial Companies 11655740177.00 11372680185.00 TRY Thousand Nov 2025
Money Supply M1 9759190347.00 9197787703.00 TRY Thousand Dec 2025
Money Supply M2 24560117993.00 23540268652.00 TRY Thousand Dec 2025
Money Supply M3 27233149287.00 26053744333.00 TRY Thousand Dec 2025


Turkey Overnight Lending Rate
In Turkey, lending rate refers to central bank overnight lending rate.
Actual Previous Highest Lowest Dates Unit Frequency
40.00 41.00 2300.00 6.50 1996 - 2026 percent Monthly