Turkey Real Residential Property Price Index Growth

2011 - 2023 | Quarterly | % | Bank for International Settlements

Key information about Turkey Real Residential Property Price Index Growth

  • Turkey Real Residential Property Price Index Growth was reported at 7.866 % in Dec 2023.
  • This records a decrease from the previous number of 21.130 % for Sep 2023.
  • Turkey Real Residential Property Price Index Growth data is updated quarterly, averaging 4.228 % from Mar 2011 to Dec 2023, with 52 observations.
  • The data reached an all-time high of 59.628 % in Sep 2022 and a record low of -14.644 % in Dec 2018.
  • Turkey Real Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
  • The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly: YoY %.

View Turkey's Real Residential Property Price Index Growth from Mar 2011 to Dec 2023 in the chart:

Turkey Real Residential Property Price Index Growth

What was Turkey's Real Residential Property Price Index Growth in Dec 2023?

Turkey Real Residential Property Price Index Growth was reported at 7.866 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.866 Dec 2023 21.130 Sep 2023 -14.644 Dec 2018 59.628 Sep 2022 % quarterly Mar 2011 - Dec 2023

Real Residential Property Price Index Growth by Country Comparison

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country/region Last Frequency Range
Australia (%) 2.766 Dec 2023 quarterly Mar 1971 - Dec 2023
Austria (%) -7.381 Dec 2023 quarterly Mar 2001 - Dec 2023
Belgium (%) -2.292 Sep 2023 quarterly Mar 1971 - Sep 2023
Brazil (%) -3.132 Dec 2023 quarterly Mar 2002 - Dec 2023
Bulgaria (%) 1.585 Sep 2023 quarterly Mar 2006 - Sep 2023
Canada (%) -3.586 Sep 2023 quarterly Mar 1971 - Sep 2023
Chile (%) 2.419 Sep 2023 quarterly Mar 2003 - Sep 2023
China (%) -3.100 Sep 2023 quarterly Jun 2006 - Sep 2023
Colombia (%) -3.925 Sep 2023 quarterly Mar 1989 - Sep 2023
Croatia (%) 3.389 Sep 2023 quarterly Mar 2003 - Sep 2023
Cyprus (%) 4.725 Sep 2023 quarterly Mar 2003 - Sep 2023
Czech Republic (%) -10.694 Sep 2023 quarterly Mar 2009 - Sep 2023
Denmark (%) -2.378 Sep 2023 quarterly Mar 1971 - Sep 2023
Estonia (%) -1.158 Sep 2023 quarterly Mar 2006 - Sep 2023
Finland (%) -12.118 Sep 2023 quarterly Mar 1971 - Sep 2023
France (%) -5.895 Sep 2023 quarterly Mar 1971 - Sep 2023
Germany (%) -14.991 Sep 2023 quarterly Mar 1971 - Sep 2023
Greece (%) 8.189 Dec 2023 quarterly Mar 2007 - Dec 2023
Hong Kong SAR, China (%) -9.543 Dec 2023 quarterly Dec 1980 - Dec 2023
Hungary (%) -12.018 Sep 2023 quarterly Mar 2008 - Sep 2023
Iceland (%) -3.380 Dec 2023 quarterly Mar 2001 - Dec 2023
India (%) -2.884 Sep 2023 quarterly Mar 2010 - Sep 2023
Indonesia (%) -0.915 Dec 2023 quarterly Mar 2003 - Dec 2023
Ireland (%) -4.529 Sep 2023 quarterly Mar 1971 - Sep 2023
Israel (%) -3.780 Sep 2023 quarterly Mar 1995 - Sep 2023
Italy (%) -3.593 Sep 2023 quarterly Mar 1948 - Sep 2023
Japan (%) -0.877 Sep 2023 quarterly Mar 1956 - Sep 2023
South Korea (%) -8.734 Dec 2023 quarterly Mar 1976 - Dec 2023
Latvia (%) -0.173 Dec 2023 quarterly Mar 2007 - Dec 2023
Lithuania (%) 6.201 Dec 2023 quarterly Dec 1999 - Dec 2023
Luxembourg (%) -16.958 Sep 2023 quarterly Mar 2008 - Sep 2023
North Macedonia (%) 3.428 Dec 2023 quarterly Mar 2001 - Dec 2023
Malaysia (%) -1.115 Dec 2023 quarterly Mar 1989 - Dec 2023
Malta (%) 0.353 Sep 2023 quarterly Mar 2006 - Sep 2023
Mexico (%) 5.502 Sep 2023 quarterly Mar 2006 - Sep 2023
Morocco (%) -4.869 Sep 2023 quarterly Mar 2006 - Sep 2023
Netherlands (%) -6.179 Sep 2023 quarterly Mar 1971 - Sep 2023
New Zealand (%) -9.412 Sep 2023 quarterly Mar 1971 - Sep 2023
Norway (%) -5.028 Dec 2023 quarterly Mar 1993 - Dec 2023
Peru (%) -0.775 Dec 2023 quarterly Mar 1999 - Dec 2023
Philippines (%) 7.112 Sep 2023 quarterly Mar 2009 - Sep 2023
Poland (%) -0.125 Sep 2023 quarterly Mar 2011 - Sep 2023
Portugal (%) 3.973 Sep 2023 quarterly Mar 2009 - Sep 2023
Romania (%) -3.969 Sep 2023 quarterly Mar 2010 - Sep 2023
Russia (%) -3.224 Sep 2023 quarterly Mar 2002 - Sep 2023
Serbia (%) -2.873 Sep 2023 quarterly Mar 2001 - Sep 2023
Singapore (%) 0.267 Sep 2023 quarterly Mar 1999 - Sep 2023
Slovakia (%) -11.661 Sep 2023 quarterly Mar 2007 - Sep 2023
Slovenia (%) -0.793 Sep 2023 quarterly Mar 2008 - Sep 2023
South Africa (%) -4.587 Dec 2023 quarterly Mar 1967 - Dec 2023
Spain (%) 1.665 Sep 2023 quarterly Mar 1972 - Sep 2023
Sweden (%) -11.091 Sep 2023 quarterly Mar 1971 - Sep 2023
Switzerland (%) -0.363 Dec 2023 quarterly Mar 1971 - Dec 2023
Thailand (%) 3.490 Dec 2023 quarterly Mar 1992 - Dec 2023
Turkey (%) 7.866 Dec 2023 quarterly Mar 2011 - Dec 2023
United Arab Emirates (%) 19.123 Dec 2023 quarterly Mar 2004 - Dec 2023
United Kingdom (%) -5.630 Dec 2023 quarterly Jun 1969 - Dec 2023
United States (%) 2.213 Dec 2023 quarterly Mar 1971 - Dec 2023

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Turkey Key Series

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Includes 249 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 (%) -5.3 Dec 2023 quarterly Dec 2006 - Dec 2023
Consolidated Fiscal Balance (USD mn) -7,844.487 Feb 2024 monthly Jan 2006 - Feb 2024
Tax Revenue (USD mn) 13,220.533 Feb 2024 monthly Jan 2006 - Feb 2024
Tax Revenue: % of GDP (%) 18.0 Dec 2023 quarterly Mar 2006 - Dec 2023
National Government Debt (USD mn) 254,513.1 2022 yearly 2001 - 2022
Government Debt: % of GDP (%) 29.5 Dec 2023 quarterly Dec 2001 - Dec 2023
Forecast: Government Expenditure (TRY bn) 62,930.420 2028 yearly 2000 - 2028
Forecast: Government Net Debt (TRY bn) 60,762.080 2028 yearly 2000 - 2028
Forecast: Government Revenue (TRY bn) 56,428.620 2028 yearly 2000 - 2028
General Budget: Revenue (TRY mn) 518,331.430 Mar 2024 monthly Jan 2005 - Mar 2024
General Budget: Cash Balance (TRY mn) -166,778.310 Mar 2024 monthly Jan 2005 - Mar 2024
General Budget: Expenditure (TRY mn) 685,109.740 Mar 2024 monthly Jan 2005 - Mar 2024
General Budget: ytd: Revenue (TRY th) 1,109,903,150.658 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: Expenditure (EX) (TRY th) 1,535,309,409.705 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) 39,280,820.339 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: Revenue: Tax (TRY th) 923,492,012.994 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) 701,496,210.599 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: Balance (TRY th) -425,406,259.047 Feb 2024 monthly Jan 2006 - Feb 2024
General Budget: ytd: Revenue: Tax: Direct (TRY th) 224,813,506.044 Feb 2024 monthly Jan 2006 - Feb 2024
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) -8,483.7 Apr 2023 monthly Jan 2013 - Apr 2023
Total Exports (USD mn) 14,265.9 Dec 2019 monthly Jan 1997 - Dec 2019
Total Exports Growth (%) 0.9 May 2023 monthly Jan 2014 - May 2023
Aluminum: Exports (USD th) 5,241,090.145 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,290,644.710 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 651,764.672 2022 yearly 1995 - 2022
Total Imports (USD mn) 17,684.5 Dec 2019 monthly Jan 1997 - Dec 2019
Total Imports Growth (%) 6.5 May 2023 monthly Jan 2014 - May 2023
Imports: Medicament (USD th) 2,306,593.258 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,692,489.997 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 1,332.448 Feb 2024 monthly Apr 1964 - Feb 2024
Total Imports from USA (USD mn) 1,337.223 Feb 2024 monthly Apr 1964 - Feb 2024
Total Exports to China (USD mn) 252.828 Feb 2024 monthly Jan 2013 - Feb 2024
Total Imports from China (USD mn) 3,434.292 Feb 2024 monthly Sep 1992 - Feb 2024
Trade Balance: USD (USD mn) -2,136.727 Mar 2019 monthly Jan 1969 - Mar 2019
Natural Gas: Annual: Production (Cub m mn) 408.017 2022 yearly 1976 - 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 249.0 Jan 2024 monthly Jan 1992 - Jan 2024
Current Account Balance (USD mn) -2,556.0 Jan 2024 monthly Jan 1992 - Jan 2024
Current Account Balance: % of GDP (%) -1.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment (USD mn) 910.0 Jan 2024 monthly Jan 1992 - Jan 2024
Foreign Direct Investment: % of GDP (%) 1.3 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment (USD mn) 7,497.000 Dec 2023 quarterly Mar 1992 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 2.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 1,552.0 Dec 2023 quarterly Mar 1992 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 5,945.000 Dec 2023 quarterly Mar 1992 - Dec 2023
External Debt (USD mn) 499,885.7 Dec 2023 quarterly Dec 1989 - Dec 2023
External Debt: % of GDP (%) 45.6 2023 yearly 1989 - 2023
External Debt: Short Term (USD mn) 175,219.0 Dec 2023 quarterly Dec 1989 - Dec 2023
External Debt: Short Term: % of GDP (%) 16.0 2023 yearly 1989 - 2023
Total Debt: % of GDP (%) 305.1 Sep 2023 quarterly Dec 2014 - Sep 2023
Forecast: Current Account Balance (USD bn) -36.365 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -284,660.000 Dec 2023 quarterly Mar 2006 - Dec 2023
BoP: Current Account: Goods: Exports: F.o.B. (USD mn) 19,721.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Goods (USD mn) -4,448.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Goods: Imports: F.o.B. (USD mn) 24,169.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Services: Debit (USD mn) 3,825.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Services: Credit (USD mn) 6,617.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Primary Income: Debit (USD mn) 1,895.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Primary Income: Credit (USD mn) 1,039.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current Account: Secondary Income (USD mn) -44.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Portfolio Investment: Net Acquisition of Financial Assets (USD mn) 799.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Direct Investment: Net Acquisition of Financial Assets (USD mn) 249.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Portfolio Investment: Net Incurrence of Liabilities (NI) (USD mn) 1,885.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Other Investment: Net Acquisition of Financial Assets (FA) (USD mn) 4,934.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Other Investment: Net Incurrence of Liabilities (NI) (USD mn) 1,401.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Net Errors and Omissions (USD mn) -1,898.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Current, Capital and Financial Accounts (USD mn) -4,309.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: Capital Account (USD mn) 33.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: CA: Services (USD mn) 2,792.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Direct Investment (DI) (USD mn) -661.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: CA: Primary Income (PI) (USD mn) -856.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Other Investment (OI) (USD mn) 3,533.000 Jan 2024 monthly Jan 1992 - Jan 2024
BoP: FA: Portfolio Investment (PI) (USD mn) -1,086.000 Jan 2024 monthly Jan 1992 - Jan 2024
International Investment Position (IIP) (USD mn) -284,660.000 Dec 2023 quarterly Mar 2006 - Dec 2023
IIP: Assets (USD mn) 327,987.000 Dec 2023 quarterly Mar 2006 - Dec 2023
IIP: Liabilities (USD mn) 612,647.000 Dec 2023 quarterly Mar 2006 - Dec 2023
External Debt: BR: Long Term (LT) (USD mn) 324,666.682 Dec 2023 quarterly Dec 1989 - Dec 2023
FDI: Flows: NACE 2: SE: Financial and Insurance (FI) (USD mn) 4.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: NACE 2: IS: Electricity, Gas, Steam & Air Conditioning (USD mn) 9.000 Jan 2024 monthly Jan 2005 - Jan 2024
Foreign Direct Investment (FDI): Flows: NACE 2 (USD mn) 399.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: NACE 2: IS: Manufacturing (Mfg) (USD mn) 87.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: NACE 2: Industrial Sectors (IS) (USD mn) 263.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: NACE 2: Services (SE) (USD mn) 136.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: Europe: Spain (USD mn) 2.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: Europe: Austria (USD mn) 0.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: Asia: NM: GA: Qatar (USD mn) 0.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: Europe: Germany (USD mn) 66.000 Jan 2024 monthly Jan 2005 - Jan 2024
FDI: Flows: Europe: Netherlands (USD mn) 17.000 Jan 2024 monthly Jan 2005 - Jan 2024
Investment Abroad: DI: FL: RE: IS: Manufacturing (Mfg) (USD mn) 24.000 Jan 2024 monthly Jan 2005 - Jan 2024
Investment Abroad: DI: FL: RE: Industrial Sectors (IS) (USD mn) 105.000 Jan 2024 monthly Jan 2005 - Jan 2024
Investment Abroad: DI: FL: RE: SE: Financial and Insurance (FI) (USD mn) 7.000 Jan 2024 monthly Jan 2005 - Jan 2024
Investment Abroad: DI: FL: RE: IS: Mining and Quarrying (USD mn) 65.000 Jan 2024 monthly Jan 2005 - Jan 2024
Investment Abroad: DI: FL: RE: Services (SE) (USD mn) 232.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: RE: Europe: United Kingdom (USD mn) 48.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: RE: America: North: United States (USD mn) 84.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: RE: Europe: OT: Russia (USD mn) 1.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: RE: Asia: NM: OT: Azerbaijan (USD mn) 1.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: Residents (RE) (USD mn) 337.000 Jan 2024 monthly Jan 2005 - Jan 2024
Direct Investment Abroad: Flows: RE: Europe: Netherlands (USD mn) 26.000 Jan 2024 monthly Jan 2005 - Jan 2024
Number of Companies: Newly Established (Unit) 10,233.000 Feb 2024 monthly Jan 1995 - Feb 2024
Number of Companies: Liquidated (Unit) 2,001.000 Feb 2024 monthly Jan 1995 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Feb 2024 monthly Jan 2003 - Feb 2024
Household Debt: % of GDP (%) 11.7 Sep 2023 quarterly Dec 2014 - Sep 2023
Non-Performing Loans (USD mn) 6,290.680 Feb 2024 monthly Dec 2002 - Feb 2024
Money Supply M1 (USD mn) 164,594.042 Feb 2024 monthly Dec 1963 - Feb 2024
Money Supply M2 (USD mn) 450,114.582 Feb 2024 monthly Dec 1976 - Feb 2024
M2 Growth (%) 62.1 Feb 2024 monthly Dec 1977 - Feb 2024
Reserve Requirement Ratio (%) 8.0 Mar 2024 monthly Jan 2011 - Mar 2024
Foreign Exchange Reserves (USD mn) 71,600.0 Feb 2024 monthly Apr 2000 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 7.776 Dec 2023 quarterly Jun 2000 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 2.6 Feb 2024 monthly Apr 2000 - Feb 2024
Gold Reserves (USD mn) 48,378.000 Jan 2024 monthly Dec 1956 - Jan 2024
Total Deposits (USD mn) 486,028.613 Feb 2024 monthly Dec 2002 - Feb 2024
Total Deposits Growth (%) 60.4 Feb 2024 monthly Dec 2003 - Feb 2024
Domestic Credit (USD mn) 519,194.2 Feb 2024 monthly Jan 1986 - Feb 2024
Domestic Credit Growth (%) 58.0 Feb 2024 monthly Jan 1987 - Feb 2024
Debt Service Ratio: Private Non-Financial Sector (%) 23.000 Sep 2023 quarterly Mar 2002 - Sep 2023
Credit to Households (USD bn) 93.089 Sep 2023 quarterly Mar 1986 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 512.544 Sep 2023 quarterly Mar 1986 - Sep 2023
Household Debt (USD mn) 89,667.2 Feb 2024 monthly Jan 1986 - Feb 2024
Total Loans (USD mn) 324,417.133 Feb 2024 monthly Jan 1986 - Feb 2024
Total Loans Growth (%) 53.42 Feb 2024 monthly Jan 1987 - Feb 2024
Private Debt: % of Nominal GDP (%) 33.94 Dec 2023 quarterly Dec 1998 - Dec 2023
Money Supply: M3 (TRY th) 14,588,900,986.000 Feb 2024 monthly Dec 2005 - Feb 2024
Asset Quality: Banking Sector: NPL to Total Loan (%) 1.545 Feb 2024 monthly Jan 2003 - Feb 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -0.6 Mar 2024 monthly Jan 2008 - Mar 2024
Composite Leading Indicator Index: Trend Restored (NA) 392.630 Feb 2024 monthly Dec 1987 - Feb 2024
Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) 103.500 Mar 2024 monthly Jan 2007 - Mar 2024
Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) 113.301 Mar 2024 monthly Jan 2011 - Mar 2024
Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) 88.554 Mar 2024 monthly Jan 2011 - Mar 2024
Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) 120.433 Mar 2024 monthly Jan 2011 - Mar 2024

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