Bank credit to bank deposits (%) in Turkey
Turkey: Bank credit to bank deposits (%) was 97.0% in 2021. ▼ Falling
Latest (2021)
97.0%
Change on year
down 13.6%
World rank
43rd
of 186 countries
All-time high
197.7%
in 1960
All-time low
35.9%
in 2001
Years of data
62
1960–2021
Bank credit to bank deposits in Turkey, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, bank credit to bank deposits in Turkey stood at 97.0%.
Compared with earlier readings it is down 13.6% on the previous year and down 2.6% over ten years.
Over the whole period, bank credit to bank deposits in Turkey peaked at 197.7% in 1960 and was at its lowest, 35.9%, in 2001.
That places Turkey 43rd out of 186 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 62 years of available data.
Bank credit to bank deposits (%) in Turkey, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 197.7% | — |
| 1961 | 135.6% | -31.4% |
| 1962 | 153.1% | +12.9% |
| 1963 | 152.1% | -0.6% |
| 1964 | 148.8% | -2.2% |
| 1965 | 137.0% | -7.9% |
| 1966 | 132.8% | -3.1% |
| 1967 | 135.4% | +2.0% |
| 1968 | 126.5% | -6.6% |
| 1969 | 136.7% | +8.0% |
| 1970 | 82.5% | -39.6% |
| 1971 | 72.0% | -12.8% |
| 1972 | 73.5% | +2.0% |
| 1973 | 74.1% | +0.8% |
| 1974 | 76.6% | +3.4% |
| 1975 | 82.0% | +7.1% |
| 1976 | 88.3% | +7.7% |
| 1977 | 85.5% | -3.2% |
| 1978 | 118.0% | +38.0% |
| 1979 | 106.9% | -9.4% |
| 1980 | 101.0% | -5.5% |
| 1981 | 92.3% | -8.6% |
| 1982 | 85.7% | -7.2% |
| 1983 | 99.2% | +15.8% |
| 1984 | 83.1% | -16.3% |
| 1985 | 81.5% | -2.0% |
| 1986 | 78.7% | -3.4% |
| 1987 | 78.9% | +0.3% |
| 1988 | 69.9% | -11.3% |
| 1989 | 70.7% | +1.2% |
| 1990 | 80.7% | +14.1% |
| 1991 | 70.8% | -12.2% |
| 1992 | 72.1% | +1.8% |
| 1993 | 80.9% | +12.2% |
| 1994 | 55.1% | -31.9% |
| 1995 | 62.5% | +13.4% |
| 1996 | 66.7% | +6.8% |
| 1997 | 75.9% | +13.8% |
| 1998 | 63.2% | -16.7% |
| 1999 | 44.6% | -29.5% |
| 2000 | 54.6% | +22.4% |
| 2001 | 35.9% | -34.2% |
| 2002 | 38.3% | +6.8% |
| 2003 | 44.1% | +15.0% |
| 2004 | 53.4% | +21.2% |
| 2005 | 59.0% | +10.5% |
| 2006 | 66.3% | +12.4% |
| 2007 | 72.1% | +8.7% |
| 2008 | 71.6% | -0.7% |
| 2009 | 71.5% | -0.1% |
| 2010 | 85.0% | +18.8% |
| 2011 | 99.6% | +17.2% |
| 2012 | 108.1% | +8.6% |
| 2013 | 120.2% | +11.2% |
| 2014 | 128.3% | +6.8% |
| 2015 | 132.3% | +3.2% |
| 2016 | 130.8% | -1.2% |
| 2017 | 135.2% | +3.4% |
| 2018 | 129.0% | -4.6% |
| 2019 | 113.5% | -12.0% |
| 2020 | 112.3% | -1.0% |
| 2021 | 97.0% | -13.6% |
Turkey compared with similar countries
- Turkey's 97.0% is above the median for upper middle income countries, which is 79.3%, 1.2× the median. (55 countries reporting)
- Turkey's 97.0% is above the median for Europe & Central Asia, which is 85.7%, 1.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 145.6% | 126.5% | 197.7% | 10 |
| 1970s | 85.9% | 72.0% | 118.0% | 10 |
| 1980s | 84.1% | 69.9% | 101.0% | 10 |
| 1990s | 67.3% | 44.6% | 80.9% | 10 |
| 2000s | 56.7% | 35.9% | 72.1% | 10 |
| 2010s | 118.2% | 85.0% | 135.2% | 10 |
| 2020s | 104.6% | 97.0% | 112.3% | 2 |
Countries ranked near Turkey
More financial sector data for Turkey
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 1.8 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 1.8 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank credit to bank deposits in Turkey?
- Bank credit to bank deposits in Turkey was 97.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Turkey?
- The highest recorded value was 197.7% in 1960.
- What is the lowest bank credit to bank deposits recorded in Turkey?
- The lowest recorded value was 35.9% in 2001.
- How does Turkey rank for bank credit to bank deposits?
- Turkey ranks 43rd out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Turkey?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
- Where does this Turkey data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).