Bank net interest margin (%) in Turkey
Turkey: Bank net interest margin (%) was 3.3% in 2021. ▼ Falling
Bank net interest margin in Turkey, 2000–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Turkey recorded 3.3% for bank net interest margin in 2021. That is the lowest value across all 20 years on record.
The figure is down 26.3% on the previous year and down 10.9% over ten years.
Over the whole period, bank net interest margin in Turkey peaked at 9.4% in 2001 and was at its lowest, 3.3%, in 2021.
That places Turkey 73rd out of 166 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Bank net interest margin (%) in Turkey, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.8% | — |
| 2001 | 9.4% | +37.6% |
| 2002 | 6.2% | -33.7% |
| 2003 | 8.5% | +36.5% |
| 2004 | 8.9% | +5.0% |
| 2007 | 6.3% | -29.7% |
| 2008 | 4.8% | -23.0% |
| 2009 | 6.1% | +25.7% |
| 2010 | 4.7% | -22.0% |
| 2011 | 3.7% | -22.1% |
| 2012 | 4.9% | +33.5% |
| 2013 | 4.2% | -15.3% |
| 2014 | 4.1% | -1.7% |
| 2015 | 3.8% | -6.3% |
| 2016 | 4.0% | +4.0% |
| 2017 | 4.5% | +11.9% |
| 2018 | 4.3% | -4.6% |
| 2019 | 4.2% | -1.5% |
| 2020 | 4.5% | +6.1% |
| 2021 | 3.3% | -26.3% |
Turkey compared with similar countries
- Turkey's 3.3% is below the median for upper middle income countries, which is 3.6%, 93% of the median. (47 countries reporting)
- Turkey's 3.3% is above the median for Europe & Central Asia, which is 2.0%, 1.6× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.1% | 4.8% | 9.4% | 8 |
| 2010s | 4.2% | 3.7% | 4.9% | 10 |
| 2020s | 3.9% | 3.3% | 4.5% | 2 |
Countries ranked near Turkey
- 70 Jordan 3.4% compare
- 71 Vietnam 3.3% compare
- 72 Cote d'Ivoire 3.3% compare
- 74 Saint Lucia 3.3% compare
- 75 Bosnia and Herzegovina 3.3% compare
- 76 Pakistan 3.3% compare
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 net interest margin in Turkey?
- Bank net interest margin in Turkey was 3.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Turkey?
- The highest recorded value was 9.4% in 2001.
- What is the lowest bank net interest margin recorded in Turkey?
- The lowest recorded value was 3.3% in 2021.
- How does Turkey rank for bank net interest margin?
- Turkey ranks 73rd out of 166 countries with data for 2021.
- Is bank net interest margin rising or falling in Turkey?
- Over the last ten years it is down 10.9%. 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 net interest margin (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.