Türkiye: Deposit interest rate (%)

Key figures

What the numbers say

In 2025, Türkiye's deposit interest rate (%) fell 13.44 percentage points on 2024 (from 71.04% to 57.6%).

Across the 30 yearly changes before that (1995 to 2024), the average change was −0.56 percentage points and a typical year strayed about 12.01 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 27.54 percentage points in 2001 and the biggest yearly fall was 31.27 percentage points in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 5.63 percentage points a year. A straight line explains 70% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Türkiye had the 2nd highest value of the 77 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Türkiye in the 2025 ranking

• Argentina — 2nd of 77: 34.86%
• Honduras — 3rd of 77: 12.44%
• Madagascar — 4th of 77: 12.08%

What this measures

Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.

Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.

All 48 values

Deposit interest rate (%) in nearby economies

• Albania — 1.86% (2024)
• Armenia — 8.03% (2025)
• Azerbaijan — 9.36% (2025)
• Belarus — 6.76% (2025)
• Bosnia and Herzegovina — 1.89% (2025)
• Bulgaria — 0.25% (2025)
• Czechia — 1.6% (2025)
• France — 0.79% (2017)
• Georgia — 10.59% (2025)
• Hungary — 5.71% (2025)
• Kosovo — 1.31% (2018)
• Kyrgyz Republic

More financial sector data for Türkiye

• Domestic credit to private sector by banks (% of GDP) — 36.89% (2025)
• Net domestic credit (current LCU) — 31.33 trillion (2025)
• Net foreign assets (current LCU) — 1.08 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 36.89% (2025)
• Broad money (current LCU) — 26.72 trillion (2025)
• Broad money (% of GDP) — 42.41% (2025)
• Broad money to total reserves ratio — 3.65 (2025)
• Consumer price index (2010 = 100) — 1,784 (2025)
• Inflation, consumer prices (annual % growth) — 34.88% (2025)
• Claims on central government, etc. (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Türkiye's deposit interest rate (%)?

57.6% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1978?

It is up 51.6 percentage points from 6% in 1978. The highest value was 87.79% in 1994 and the lowest 6% in 1978.

How does Türkiye rank?

2nd highest of 77 economies with data for 2025.

Is the latest change in deposit interest rate (%) unusual for Türkiye?

In 2025, Türkiye's deposit interest rate (%) fell 13.44 percentage points on 2024 (from 71.04% to 57.6%). Across the 30 yearly changes before that (1995 to 2024), the average change was −0.56 percentage points and a typical year strayed about 12.01 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator FR.INR.DPST, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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