Money Supply M2 in Turkey increased to 3274777899.60 TRY Thousand in September from 3200919339.40 TRY Thousand in August of 2020. source: Central Bank of the Republic of Turkey

Money Supply M2 in Turkey averaged 1024144545.32 TRY Thousand from 2005 until 2020, reaching an all time high of 3274777899.60 TRY Thousand in September of 2020 and a record low of 236620702 TRY Thousand in January of 2006. This page provides the latest reported value for - Turkey Money Supply M2 - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Money Supply M2 - values, historical data and charts - was last updated on October of 2020.

Money Supply M2 in Turkey is expected to be 3497000000.00 TRY Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Money Supply M2 in Turkey to stand at 3846000000.00 in 12 months time. In the long-term, the Turkey Money Supply M2 is projected to trend around 3955000000.00 TRY Thousand in 2021 and 4047000000.00 TRY Thousand in 2022, according to our econometric models.

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Turkey Money Supply M2

Actual Previous Highest Lowest Dates Unit Frequency
3274777899.60 3200919339.40 3274777899.60 236620702.00 2005 - 2020 TRY Thousand Monthly
Current Prices, NSA

Turkey Money Last Previous Highest Lowest Unit
Interest Rate 10.25 10.25 500.00 4.50 percent [+]
Interbank Rate 14.97 14.97 28.52 4.74 percent [+]
Money Supply M1 1230903566.40 1212125110.40 1230903566.40 55562063.00 TRY Thousand [+]
Money Supply M2 3274777899.60 3200919339.40 3274777899.60 236620702.00 TRY Thousand [+]
Money Supply M3 3378587262.60 3308755118.50 3378587262.60 260092810.00 TRY Thousand [+]
Foreign Exchange Reserves 42822.00 41118.00 115144.00 1389.90 USD Million [+]
Banks Balance Sheet 5613388052.00 5342310743.00 5613388052.00 15859.80 TRY Thousand [+]
Loans to Private Sector 1702718610.00 1653607565.00 1702718610.00 3402.30 TRY Thousand [+]
Deposit Interest Rate 8.75 8.75 398.10 1.50 percent [+]
Private Debt to GDP 163.70 170.00 170.50 131.20 percent [+]
Lending Rate 11.75 9.75 2300.00 6.50 percent [+]
Cash Reserve Ratio 17.00 15.00 17.00 9.00 percent [+]
Central Bank Balance Sheet 1129085410.00 1144361908.00 1144361908.00 9071.00 TRY Thousand [+]
Foreign Stock Investment 21012.00 20379.00 82048.00 0.00 USD Million [+]


Turkey Money Supply M2
Turkey Money Supply M2 includes M1 plus short-term time deposits in banks.