Lending Rate in Turkey decreased to 39 percent in October from 40 percent in September of 2026. Lending Rate in Turkey averaged 32.18 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 31.00 percent in 2027 and 28.00 percent in 2028, according to our econometric models.