Turkey Policy Rate

2010 - 2020 | Monthly | % pa | Central Bank of the Republic of Turkey

Turkey cash rate (Policy Rate: Month End: Repo Rate: 1 Week) was set at 17.00 % pa in Dec 2020, compared with 15.00 % pa in the previous Nov 2020. Turkey Policy Rate averaged 7.50 % pa and is updated monthly, available from May 2010 to Dec 2020. The data reached an all-time high of 24.00 % pa in Jun 2019 and a record low of 4.50 % pa in Dec 2013. The Central Bank of the Republic of Turkey changed the monetary policy rate as the interest rate for 1 week repo transactions on April 14th, 2010. According to the former policy rate, the Overnight Borrowing Rate was used as Policy Rate.

In the latest reports, Turkey Short Term Interest Rate: Month End: TRLIBOR: 3 Months was reported at 15.69 % pa in Oct 2020. Its Long Term Interest Rate (Long Term Interest Rate: Month End: Turkey: Government Bond Yield: 10 Years) was reported at 12.98 % pa in Oct 2020. Turkey Exchange Rate against USD averaged 7.88 (TRY/USD) in Oct 2020.

View Turkey's Policy Rate from May 2010 to Dec 2020 in the chart:

Turkey Policy Rate

What was Turkey's Policy Rate in Dec 2020?

Last Previous Min Max Unit Frequency Range
17.00 Dec 2020 15.00 Nov 2020 4.50 Dec 2013 24.00 Jun 2019 % pa monthly May 2010 - Dec 2020

Policy Rate by Country Comparison

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country/region Last Frequency Range
Albania (% pa) 0.50 Oct 2020 monthly Jan 2000 - Oct 2020
Algeria (% pa) 3.00 Dec 2020 monthly Jan 1963 - Dec 2020
Argentina (%) 30.79 Oct 2020 monthly Aug 1985 - Oct 2020
Armenia (% pa) 5.25 Dec 2020 monthly May 2001 - Dec 2020
Australia (% pa) 0.10 Nov 2020 monthly Aug 1990 - Nov 2020
Austria (% pa) 0.00 Dec 2020 monthly Jan 1999 - Dec 2020
Azerbaijan (% pa) 6.50 Nov 2020 monthly Jan 2005 - Nov 2020
Bahrain (% pa) 1.00 Dec 2020 monthly Jan 2007 - Dec 2020
Bangladesh (% pa) 4.75 Nov 2020 monthly Sep 2009 - Nov 2020
Belarus (% pa) 7.75 Dec 2020 monthly Jul 1991 - Dec 2020

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Turkey Key Series

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Includes 320 key indicators for Turkey, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.5 Jun 2020 quarterly Dec 2006 - Jun 2020
Consolidated Fiscal Balance (USD mn) -580.134 Oct 2020 monthly Jan 2006 - Oct 2020
Tax Revenue (USD mn) 12,389.694 Nov 2020 monthly Jan 2006 - Nov 2020
Tax Revenue: % of GDP (%) 17.1 Sep 2020 quarterly Mar 2006 - Sep 2020
National Government Debt (USD mn) 247,523.1 2019 yearly 2001 - 2019
Government Debt: % of GDP (%) 39.4 Jun 2020 quarterly Dec 2001 - Jun 2020
Forecast: Government Expenditure (TRY bn) 3,254.416 2025 yearly 2000 - 2025
Forecast: Government Net Debt (TRY bn) 4,457.983 2025 yearly 2000 - 2025
Forecast: Government Revenue (TRY bn) 2,597.422 2025 yearly 2000 - 2025
General Budget: ytd: Revenue (TRY th) 912,490,285.000 Nov 2020 monthly Jan 2006 - Nov 2020
General Budget: ytd: Expenditure (EX) (TRY th) 1,042,301,431.000 Nov 2020 monthly Jan 2006 - Nov 2020
General Budget: ytd: Revenue: Tax (TRY th) 754,592,889.000 Nov 2020 monthly Jan 2006 - Nov 2020
General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) 31,146,981.000 Nov 2020 monthly Jan 2006 - Nov 2020
General Budget: ytd: Revenue: Tax: Direct (TRY th) 262,210,898.000 Nov 2020 monthly Jan 2006 - Nov 2020
General Budget: ytd: Balance (TRY th) -129,811,146.000 Nov 2020 monthly Jan 2006 - Nov 2020
Central Government Debt: External (TRY mn) 538,505.357 Mar 2019 monthly Jan 2002 - Mar 2019

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