Bank concentration in Turkey
Turkey: Bank concentration was 46.8% in 2021. ▼ Falling
Bank concentration in Turkey, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Turkey stood at 46.8%.
That represents a change of down 4.9% on the previous year and up 5.3% over ten years.
Over the whole period, bank concentration in Turkey peaked at 97.8% in 2003 and was at its lowest, 38.3%, in 2017.
That places Turkey 148th out of 169 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.5% | 44.1% | 97.8% | 9 |
| 2010s | 41.6% | 38.3% | 46.2% | 10 |
| 2020s | 48.0% | 46.8% | 49.2% | 2 |
Countries ranked near Turkey
More financial sector data for Turkey
- Domestic credit to private sector by banks 36.9% (2025)
- Total reserves in months of imports 4.73 (2024)
- Net domestic credit 31.38 trillion current LCU (2025)
- Net foreign assets 1.47 trillion current LCU (2025)
- Monetary Sector credit to private sector 36.9% (2025)
- Broad money 42.4% (2025)
- Claims on central government, etc. 12.9% (2025)
- Domestic credit to private sector 45.8% (2025)
- Official exchange rate 39.45 LCU per US$, period average (2025)
- Net migration -258,205 (2025)
Frequently asked questions
- What is bank concentration in Turkey?
- Bank concentration in Turkey was 46.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Turkey?
- The highest recorded value was 97.8% in 2003.
- What is the lowest bank concentration recorded in Turkey?
- The lowest recorded value was 38.3% in 2017.
- How does Turkey rank for bank concentration?
- Turkey ranks 148th out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Turkey?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.