Lending Rate in Turkey remained unchanged at 20.50 percent in August from 20.50 percent in July of 2021. source: Central Bank of the Republic of Turkey

Lending Rate in Turkey averaged 32.17 percent from 1996 until 2021, 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 September of 2021.

Lending Rate in Turkey is expected to be 20.50 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 14.00 percent in 2022, according to our econometric models.

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Turkey Overnight Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
20.50 20.50 2300.00 6.50 1996 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2018-04-25 11:00 AM 9.25% 9.25% 9.25% 9.25%
2018-05-23 05:00 PM 9.25% 9.25%
2018-06-07 11:00 AM 19.25% 16.5% 19.5%
2018-07-24 11:00 AM 19.25% 19.25% 19.25% 19.25%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 19.00 19.00 500.00 4.50 percent [+]
Interbank Rate 19.41 19.41 28.52 4.74 percent [+]
Money Supply M1 1408637302.00 1421625230.80 1421625230.80 55562063.00 TRY Thousand [+]
Money Supply M2 3836079770.60 3843828525.50 3843828525.50 236620702.00 TRY Thousand [+]
Money Supply M3 3950835911.40 3957597505.00 3957597505.00 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 79660.00 78000.00 115144.00 1390.00 USD Million [+]
Banks Balance Sheet 6683002756.00 6697739675.00 6697739675.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1840915200.00 1866065706.00 1866065706.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 17.50 17.50 398.10 1.50 percent [+]
Private Debt to GDP 173.00 167.10 173.00 130.30 percent [+]
Lending Rate 20.50 20.50 2300.00 6.50 percent [+]
Cash Reserve Ratio 23.00 21.00 23.00 9.00 percent [+]
Central Bank Balance Sheet 1646846713.00 1432625597.00 1646846713.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 22048.00 21255.00 82048.00 0.00 USD Million [+]


Turkey Overnight Lending Rate
In Turkey, lending rate refers to central bank overnight lending rate.