Lending Rate in Turkey decreased to 18 percent in September from 21.25 percent in August of 2019. Lending Rate in Turkey averaged 32.24 percent from 1996 until 2019, reaching an all time high of 2300 percent in February of 2001 and a record low of 6.50 percent in May of 2013.

Lending Rate in Turkey is expected to be 21.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Turkey to stand at 20.50 in 12 months time. In the long-term, the Turkey Overnight Lending Rate is projected to trend around 18.75 percent in 2020, according to our econometric models.

Turkey Overnight Lending Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-25 11:00 AM TCMB Overnight Lending Rate 9.25% 9.25% 9.25% 9.25%
2018-05-23 05:00 PM TCMB Overnight Lending Rate 9.25% 9.25%
2018-06-07 11:00 AM TCMB Overnight Lending Rate 19.25% 16.5% 19.5%
2018-07-24 11:00 AM TCMB Overnight Lending Rate 19.25% 19.25% 19.25% 19.25%


Turkey Money Last Previous Highest Lowest Unit
Interest Rate 16.50 19.75 500.00 4.50 percent [+]
Interbank Rate 14.94 14.94 28.52 4.74 percent [+]
Money Supply M1 655467404.20 641449465.40 655467404.20 55562063.00 TRY Thousand [+]
Money Supply M2 2289717355.30 2266821545.10 2289717355.30 236620702.00 TRY Thousand [+]
Money Supply M3 2393667392.30 2366661377.10 2393667392.30 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 142126.40 139773.90 150427.20 1240.00 USD Million [+]
Banks Balance Sheet 4219301270.00 4124541372.00 4345002487.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1275167269.00 1259281390.00 1438571065.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 15.00 15.00 398.10 1.50 percent [+]
Private Debt to GDP 170.00 170.50 170.50 131.20 percent [+]
Lending Rate 18.00 21.25 2300.00 6.50 percent [+]
Cash Reserve Ratio 16.00 16.00 16.00 9.00 percent [+]
Central Bank Balance Sheet 751059560.00 783623223.00 858925152.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 28832.00 31238.00 82048.00 0.00 USD Million [+]


Turkey Overnight Lending Rate

In Turkey, lending rate refers to central bank overnight lending rate. This page provides - Turkey Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Overnight Lending Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18.00 21.25 2300.00 6.50 1996 - 2019 percent Monthly




Country Last Previous
Turkey 18.00 Sep/19
Indonesia 6.00 Sep/19
China 4.35 Sep/19
South Korea 2.25 Oct/19
United Kingdom 1.00 Sep/19
Euro Area 0.25 Oct/19


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