Turkey Policy Rate
1996 - 2025 | Monthly | % pa | Central Bank of the Republic of Turkey
Key information about Turkey Policy Rate
- Turkey cash rate (Policy Rate: Month End: Repo Rate: 1 Week) was set at 39.50 % pa in Nov 2025, compared with 39.50 % pa in the previous Oct 2025.
- Turkey Policy Rate averaged 8.25 % pa and is updated monthly, available from Jun 1996 to Nov 2025.
- The data reached an all-time high of 150.16 % pa in Dec 1999 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.
View Turkey's Policy Rate from Jun 1996 to Nov 2025 in the chart:
What was Turkey's Policy Rate in Nov 2025?
Turkey cash rate (Policy Rate: Month End: Repo Rate: 1 Week) was set at 39.50 % pa in Nov 2025, compared with 39.50 % pa in the previous Oct 2025. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 39.50 Nov 2025 | 39.50 Oct 2025 | 4.50 Dec 2013 | 150.16 Dec 1999 | % pa | monthly | Jun 1996 - Nov 2025 |
Policy Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (% pa) | 2.50 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Algeria (% pa) | 2.75 Nov 2025 | monthly | Jan 1963 - Nov 2025 |
| Argentina (%) | 37.49 Oct 2025 | monthly | Jan 1985 - Oct 2025 |
| Armenia (% pa) | 6.75 Nov 2025 | monthly | May 2001 - Nov 2025 |
| Australia (% pa) | 3.60 Nov 2025 | monthly | Aug 1990 - Nov 2025 |
| Austria (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Azerbaijan (% pa) | 7.00 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| Bahrain (% pa) | 4.75 Nov 2025 | monthly | Jan 2007 - Nov 2025 |
| Bangladesh (% pa) | 10.00 Oct 2025 | monthly | Sep 2009 - Oct 2025 |
| Belarus (% pa) | 9.75 Nov 2025 | monthly | Jul 1991 - Nov 2025 |
| Belgium (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Bolivia (% pa) | 3.21 Nov 2025 | monthly | Jan 2013 - Nov 2025 |
| Botswana (% pa) | 3.75 Apr 2022 | monthly | Aug 1976 - Apr 2022 |
| Brazil (% pa) | 15.00 Nov 2025 | monthly | Mar 1999 - Nov 2025 |
| Bulgaria (% pa) | 1.81 Dec 2025 | monthly | Feb 1991 - Dec 2025 |
| Canada (% pa) | 2.25 Oct 2025 | monthly | Dec 1992 - Oct 2025 |
| Chile (% pa) | 4.75 Nov 2025 | monthly | May 1995 - Nov 2025 |
| China (% pa) | 1.40 Nov 2025 | monthly | May 2012 - Nov 2025 |
| Colombia (% pa) | 9.25 Nov 2025 | monthly | Apr 1995 - Nov 2025 |
| Croatia (% pa) | 3.00 Dec 2022 | monthly | Dec 1992 - Dec 2022 |
| Cyprus (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Czech Republic (% pa) | 2.50 Nov 2025 | monthly | Jan 1993 - Nov 2025 |
| Denmark (% pa) | 1.60 Nov 2025 | monthly | Aug 1914 - Nov 2025 |
| Ecuador (% pa) | 7.76 Dec 2025 | monthly | Jul 1995 - Dec 2025 |
| Egypt (% pa) | 21.50 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Estonia (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| European Union (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Finland (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| France (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Georgia (% pa) | 8.00 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Germany (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Ghana (% pa) | 25.00 Nov 2025 | monthly | Nov 2002 - Nov 2025 |
| Greece (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Hong Kong SAR, China (% pa) | 4.25 Nov 2025 | monthly | Jun 1992 - Nov 2025 |
| Hungary (% pa) | 6.50 Nov 2025 | monthly | Oct 1990 - Nov 2025 |
| Iceland (% pa) | 8.00 Nov 2025 | monthly | Jan 1994 - Nov 2025 |
| India (% pa) | 5.50 Nov 2025 | monthly | Apr 2001 - Nov 2025 |
| Indonesia (% pa) | 4.75 Nov 2025 | monthly | Jun 2015 - Nov 2025 |
| Ireland (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Israel (% pa) | 4.25 Nov 2025 | monthly | Dec 1998 - Nov 2025 |
| Italy (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Ivory Coast (% pa) | 2.50 Mar 2017 | monthly | Jan 1964 - Mar 2017 |
| Japan (% pa) | 0.50 Nov 2025 | monthly | Mar 2006 - Nov 2025 |
| Jordan (% pa) | 7.00 Nov 2025 | monthly | Dec 1965 - Nov 2025 |
| Kazakhstan (% pa) | 18.00 Nov 2025 | monthly | Feb 1992 - Nov 2025 |
| Kenya (% pa) | 9.00 Dec 2025 | monthly | Jul 2003 - Dec 2025 |
| South Korea (% pa) | 2.50 Nov 2025 | monthly | May 1999 - Nov 2025 |
| Kosovo (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Kuwait (% pa) | 3.75 Nov 2025 | monthly | Jul 1999 - Nov 2025 |
| Kyrgyzstan (% pa) | 11.00 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Laos (% pa) | 8.50 Nov 2025 | monthly | Dec 1992 - Nov 2025 |
| Latvia (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Lebanon (% pa) | 20.00 Sep 2025 | monthly | Apr 1964 - Sep 2025 |
| Lithuania (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Luxembourg (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Macau SAR, China (% pa) | 4.25 Nov 2025 | monthly | Dec 1999 - Nov 2025 |
| North Macedonia (% pa) | 5.35 Oct 2025 | monthly | Jan 2002 - Oct 2025 |
| Malawi (% pa) | 26.00 Nov 2025 | monthly | Jan 1980 - Nov 2025 |
| Malaysia (% pa) | 2.75 Nov 2025 | monthly | Apr 2004 - Nov 2025 |
| Malta (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Mauritius (% pa) | 4.50 Nov 2025 | monthly | Dec 1999 - Nov 2025 |
| Mexico (% pa) | 7.25 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Moldova (% pa) | 6.00 Nov 2025 | monthly | Feb 2001 - Nov 2025 |
| Mongolia (% pa) | 12.00 Nov 2025 | monthly | Jul 2007 - Nov 2025 |
| Montenegro (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Morocco (% pa) | 2.25 Nov 2025 | monthly | Jun 1995 - Nov 2025 |
| Myanmar (% pa) | 9.00 2025 | yearly | 1986 - 2025 |
| Nepal (% pa) | 6.00 Nov 2025 | monthly | Jul 2003 - Nov 2025 |
| Netherlands (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| New Zealand (% pa) | 2.25 Nov 2025 | monthly | Mar 1999 - Nov 2025 |
| Nigeria (% pa) | 27.00 Nov 2025 | monthly | Jan 2006 - Nov 2025 |
| Norway (% pa) | 4.00 Nov 2025 | monthly | Jan 1991 - Nov 2025 |
| Oman (% pa) | 4.50 Nov 2025 | monthly | May 2007 - Nov 2025 |
| Pakistan (% pa) | 12.00 Nov 2025 | monthly | Feb 1992 - Nov 2025 |
| Paraguay (% pa) | 6.00 Nov 2025 | monthly | Jul 2010 - Nov 2025 |
| Peru (% pa) | 4.25 Nov 2025 | monthly | Sep 2003 - Nov 2025 |
| Philippines (% pa) | 5.25 Nov 2025 | monthly | Jun 2016 - Nov 2025 |
| Poland (% pa) | 4.00 Dec 2025 | monthly | Jan 2005 - Dec 2025 |
| Portugal (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Qatar (% pa) | 4.60 Nov 2025 | monthly | Mar 2003 - Nov 2025 |
| Romania (% pa) | 6.50 Nov 2025 | monthly | Jan 2003 - Nov 2025 |
| Russia (% pa) | 16.50 Nov 2025 | monthly | Sep 2013 - Nov 2025 |
| Saudi Arabia (% pa) | 4.50 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Serbia (% pa) | 5.75 Nov 2025 | monthly | Jan 2001 - Nov 2025 |
| Singapore (% pa) | 1.05 Nov 2025 | monthly | Jul 2005 - Nov 2025 |
| Slovakia (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Slovenia (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| South Africa (% pa) | 6.75 Nov 2025 | monthly | Nov 1999 - Nov 2025 |
| Spain (% pa) | 2.15 Nov 2025 | monthly | Jan 1999 - Nov 2025 |
| Sri Lanka (% pa) | 7.25 Nov 2025 | monthly | Jan 1997 - Nov 2025 |
| Sweden (% pa) | 1.75 Nov 2025 | monthly | Jan 1987 - Nov 2025 |
| Switzerland (% pa) | -0.05 Nov 2025 | monthly | Jun 1999 - Nov 2025 |
| Syria (% pa) | 5.00 Sep 2025 | monthly | Jan 1962 - Sep 2025 |
| Taiwan, China (% pa) | 2.00 Nov 2025 | monthly | Jul 1961 - Nov 2025 |
| Tajikistan (% pa) | 7.50 Nov 2025 | monthly | Jun 1995 - Nov 2025 |
| Thailand (% pa) | 1.50 Nov 2025 | monthly | May 2000 - Nov 2025 |
| Tunisia (% pa) | 7.50 Nov 2025 | monthly | Jan 2000 - Nov 2025 |
| Turkey (% pa) | 39.50 Nov 2025 | monthly | Jun 1996 - Nov 2025 |
| Ukraine (% pa) | 15.50 Nov 2025 | monthly | Dec 1992 - Nov 2025 |
| United Arab Emirates (% pa) | 3.90 Nov 2025 | monthly | Nov 2007 - Nov 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doTurkey Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.2 Sep 2025 | quarterly | Dec 2006 - Sep 2025 |
| Consolidated Fiscal Balance (USD mn) | -4,544.782 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Tax Revenue (USD mn) | 23,367.640 Oct 2025 | monthly | Jan 2006 - Oct 2025 |
| Tax Revenue: % of GDP (%) | 17.1 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| National Government Debt (USD mn) | 298,427.1 2024 | yearly | 2001 - 2024 |
| Government Debt: % of GDP (%) | 24.1 Jun 2025 | quarterly | Dec 2001 - Jun 2025 |
| Forecast: Government Expenditure (TRY bn) | 54,988.117 2030 | yearly | 2000 - 2030 |
| Forecast: Government Net Debt (TRY bn) | 43,869.538 2030 | yearly | 2000 - 2030 |
| Forecast: Government Revenue (TRY bn) | 49,153.935 2030 | yearly | 2000 - 2030 |
| General Budget: Revenue (TRY mn) | 1,312,021.350 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| General Budget: Expenditure (TRY mn) | 1,255,627.940 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| General Budget: Cash Balance (TRY mn) | 56,393.420 Nov 2025 | monthly | Jan 2005 - Nov 2025 |
| General Budget: ytd: Revenue (TRY th) | 902,661,814.890 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Balance (TRY th) | -148,404,035.193 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Revenue: Tax: Direct (TRY th) | 241,582,447.800 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Expenditure (EX) (TRY th) | 1,051,065,850.083 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: Revenue: Tax (TRY th) | 792,667,161.286 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 20,491,041.868 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 458,493,370.568 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -9,122.7 Oct 2025 | monthly | Jan 2013 - Oct 2025 |
| Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Exports Growth (%) | 2.2 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Aluminum: Exports (USD th) | 3,851,910.706 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 1,409,898.365 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 907,071.763 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
| Total Imports Growth (%) | 6.6 Oct 2025 | monthly | Jan 2014 - Oct 2025 |
| Imports: Medicament (USD th) | 2,648,171.753 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 3,230,287.747 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 1,409.048 Oct 2025 | monthly | Apr 1964 - Oct 2025 |
| Total Imports from USA (USD mn) | 1,828.456 Oct 2025 | monthly | Apr 1964 - Oct 2025 |
| Total Exports to China (USD mn) | 299.327 Oct 2025 | monthly | Jan 2013 - Oct 2025 |
| Total Imports from China (USD mn) | 3,976.689 Oct 2025 | monthly | Sep 1992 - Oct 2025 |
| Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
| Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
| Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.4 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Household Debt: % of GDP (%) | 10.2 Jun 2025 | quarterly | Dec 2014 - Jun 2025 |
| Non-Performing Loans (USD mn) | 12,726.779 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Money Supply M1 (USD mn) | 218,051.455 Oct 2025 | monthly | Dec 1963 - Oct 2025 |
| Money Supply M2 (USD mn) | 555,913.646 Oct 2025 | monthly | Dec 1976 - Oct 2025 |
| M2 Growth (%) | 38.5 Oct 2025 | monthly | Dec 1977 - Oct 2025 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2025 | monthly | Jan 2011 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 72,719.0 Oct 2025 | monthly | Apr 2000 - Oct 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 4.879 Sep 2025 | quarterly | Jun 2000 - Sep 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.3 Oct 2025 | monthly | Apr 2000 - Oct 2025 |
| Gold Reserves (USD mn) | 97,765.000 Sep 2025 | monthly | Dec 1956 - Sep 2025 |
| Total Deposits (USD mn) | 604,798.854 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Total Deposits Growth (%) | 40.1 Oct 2025 | monthly | Dec 2003 - Oct 2025 |
| Domestic Credit (USD mn) | 627,993.8 Oct 2025 | monthly | Jan 1986 - Oct 2025 |
| Domestic Credit Growth (%) | 35.9 Oct 2025 | monthly | Jan 1987 - Oct 2025 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 31.400 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Credit to Households (USD bn) | 127.748 Jun 2025 | quarterly | Mar 1986 - Jun 2025 |
| Credit to Private Non-Financial Sector (USD bn) | 646.711 Jun 2025 | quarterly | Mar 1986 - Jun 2025 |
| Household Debt (USD mn) | 122,180.5 Oct 2025 | monthly | Jan 1986 - Oct 2025 |
| Total Loans (USD mn) | 419,633.609 Oct 2025 | monthly | Jan 1986 - Oct 2025 |
| Total Loans Growth (%) | 41.86 Oct 2025 | monthly | Jan 1987 - Oct 2025 |
| Private Debt: % of Nominal GDP (%) | 28.20 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Money Supply: M3 (TRY th) | 25,577,217,497.000 Oct 2025 | monthly | Dec 2005 - Oct 2025 |
| Consumer Loans: BS: Loan: Housing (TRY mn) | 642,144.415 Oct 2025 | monthly | Dec 2002 - Oct 2025 |
| Asset Quality: Banking Sector: NPL to Total Loan (%) | 2.386 Oct 2025 | monthly | Jan 2003 - Oct 2025 |
| Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 2,062,487.848 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Consumer Loans: BS: Non Performing (TRY mn) | 65,604.353 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -0.2 Nov 2025 | monthly | Jan 2008 - Nov 2025 |
| Composite Leading Indicator Index: Trend Restored (NA) | 402.960 Nov 2025 | monthly | Dec 1987 - Nov 2025 |
| Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.800 Feb 2025 | monthly | Jan 2007 - Feb 2025 |
| Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 89.287 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
| Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 116.330 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
| Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 114.233 Feb 2025 | monthly | Jan 2011 - Feb 2025 |
More Indicators for Turkey
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