Bank net interest margin in Turkey

Turkey: Bank net interest margin was 3.3% in 2021. β–Ό Falling

Latest (2021)
3.3%
Change on year
down 26.3%
World rank
73rd
of 165 countries
All-time high
9.4%
in 2001
All-time low
3.3%
in 2021
Years of data
20
2000–2021

Bank net interest margin in Turkey, 2000–2021

02468102000201020212000: 6.8 %2001: 9.4 %2002: 6.2 %2003: 8.5 %2004: 8.9 %2007: 6.3 %2008: 4.8 %2009: 6.1 %2010: 4.7 %2011: 3.7 %2012: 4.9 %2013: 4.2 %2014: 4.1 %2015: 3.8 %2016: 4 %2017: 4.5 %2018: 4.3 %2019: 4.2 %2020: 4.5 %2021: 3.3 %

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 165 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 70 Jordan 3.4% compare
  2. 71 Vietnam 3.3% compare
  3. 72 Cote d'Ivoire 3.3% compare
  4. 74 Saint Lucia 3.3% compare
  5. 75 Bosnia and Herzegovina 3.3% compare
  6. 76 Pakistan 3.3% compare

See the full ranking of 165 places β†’

More financial sector data for Turkey

All data for Turkey β†’

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 165 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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CSV Β· JSON β€” 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank net interest margin (%)
Unit
%
Source
Bankscope, Bureau van Dijk (BvD)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
165 places, 3,147 data points, 2000–2021
Last refreshed

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.