Lending Rate in Turkey decreased to 14.50 percent in August from 15.50 percent in July of 2022. source: Central Bank of the Republic of Turkey

Lending Rate in Turkey averaged 32.14 percent from 1996 until 2022, reaching an all time high of 2300 percent in February of 2001 and a record low of 6.50 percent in May of 2013. This page provides - Turkey Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Overnight Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Lending Rate in Turkey is expected to be 15.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 15.50 percent in 2023 and 14.00 percent in 2024, according to our econometric models.

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Turkey Overnight Lending Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-07-21 11:00 AM Jul 15.5% 15.5% 15.5%
2022-08-18 11:00 AM Aug 14.5% 15.5% 15.5%
2022-09-22 11:00 AM Sep

Related Last Previous Unit Reference
Interest Rate 13.00 14.00 percent Aug 2022
Money Supply M1 2676783502.20 2662061648.30 TRY Thousand Jul 2022
Money Supply M2 6820437968.40 6672682758.20 TRY Thousand Jul 2022
Money Supply M3 6922580303.10 6775859616.10 TRY Thousand Jul 2022
Foreign Exchange Reserves 72560.00 67770.00 USD Million Aug 2022
Banks Balance Sheet 10140316743.00 9467288836.00 TRY Thousand Mar 2022
Loans to Private Sector 3137841856.00 3079089238.00 TRY Thousand Jun 2022
Deposit Interest Rate 11.50 12.50 percent Aug 2022
Lending Rate 14.50 15.50 percent Aug 2022
Central Bank Balance Sheet 3156169595.00 3078845664.00 TRY Thousand Jul 2022
Cash Reserve Ratio 25.00 25.00 percent Apr 2022
Foreign Stock Investment 22048.00 21255.00 USD Million Aug 2021

Turkey Overnight Lending Rate
In Turkey, lending rate refers to central bank overnight lending rate.
Actual Previous Highest Lowest Dates Unit Frequency
14.50 15.50 2300.00 6.50 1996 - 2022 percent Monthly