Discount Rate, Percent per annum in Türkiye
Türkiye: Discount Rate, Percent per annum was 38.75 in 2025. ◆ Volatile
Discount Rate, Percent per annum in Türkiye, 1964–2025
Source: International Monetary Fund.
Analysis
In 2025, discount rate, percent per annum in Türkiye stood at 38.75.
Compared with earlier readings it is down 19.7% on the previous year and up 330.6% over ten years.
Over the whole period, discount rate, percent per annum in Türkiye peaked at 67 in 1997 and was at its lowest, 7.5, in 1964.
That places Türkiye 1st out of 70 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Discount Rate, Percent per annum in Türkiye, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 7.5 | — |
| 1965 | 7.5 | +0.0% |
| 1966 | 7.5 | +0.0% |
| 1967 | 7.5 | +0.0% |
| 1968 | 7.5 | +0.0% |
| 1969 | 7.5 | +0.0% |
| 1970 | 9 | +20.0% |
| 1971 | 9 | +0.0% |
| 1972 | 9 | +0.0% |
| 1973 | 8.75 | -2.8% |
| 1974 | 9 | +2.9% |
| 1975 | 9 | +0.0% |
| 1976 | 9 | +0.0% |
| 1977 | 9 | +0.0% |
| 1978 | 10 | +11.1% |
| 1979 | 10.75 | +7.5% |
| 1980 | 26 | +141.9% |
| 1981 | 31.5 | +21.2% |
| 1982 | 31.5 | +0.0% |
| 1983 | 48.5 | +54.0% |
| 1984 | 52 | +7.2% |
| 1985 | 52 | +0.0% |
| 1986 | 48 | -7.7% |
| 1987 | 45 | -6.2% |
| 1988 | 54 | +20.0% |
| 1989 | 54 | +0.0% |
| 1990 | 45 | -16.7% |
| 1991 | 48 | +6.7% |
| 1992 | 48 | +0.0% |
| 1993 | 48 | +0.0% |
| 1994 | 55 | +14.6% |
| 1995 | 50 | -9.1% |
| 1996 | 50 | +0.0% |
| 1997 | 67 | +34.0% |
| 1998 | 67 | +0.0% |
| 1999 | 60 | -10.4% |
| 2000 | 60 | +0.0% |
| 2001 | 60 | +0.0% |
| 2002 | 55 | -8.3% |
| 2003 | 43 | -21.8% |
| 2004 | 38 | -11.6% |
| 2005 | 23 | -39.5% |
| 2006 | 27 | +17.4% |
| 2007 | 25 | -7.4% |
| 2008 | 25 | +0.0% |
| 2009 | 15 | -40.0% |
| 2010 | 14 | -6.7% |
| 2011 | 17 | +21.4% |
| 2012 | 13.5 | -20.6% |
| 2013 | 10.25 | -24.1% |
| 2014 | 9 | -12.2% |
| 2015 | 9 | +0.0% |
| 2016 | 8.75 | -2.8% |
| 2017 | 8.75 | +0.0% |
| 2018 | 18.5 | +111.4% |
| 2019 | 12.75 | -31.1% |
| 2020 | 15.75 | +23.5% |
| 2021 | 15.75 | +0.0% |
| 2022 | 9.75 | -38.1% |
| 2023 | 43.25 | +343.6% |
| 2024 | 48.25 | +11.6% |
| 2025 | 38.75 | -19.7% |
Türkiye compared with similar countries
- Türkiye's 38.75 is above the median for upper middle income countries, which is 3.94, 9.8× the median. (22 countries reporting)
- Türkiye's 38.75 is above the median for Europe & Central Asia, which is 9, 4.3× the median. (5 countries reporting)
Biggest year-on-year movements
Years where Discount Rate, Percent per annum in Türkiye changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +343.6% | 9.75 | 43.25 |
| 1980 | +141.9% | 10.75 | 26 |
| 2018 | +111.4% | 8.75 | 18.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.5 | 7.5 | 7.5 | 6 |
| 1970s | 9.25 | 8.75 | 10.75 | 10 |
| 1980s | 44.25 | 26 | 54 | 10 |
| 1990s | 53.8 | 45 | 67 | 10 |
| 2000s | 37.1 | 15 | 60 | 10 |
| 2010s | 12.15 | 8.75 | 18.5 | 10 |
| 2020s | 28.58 | 9.75 | 48.25 | 6 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- 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 discount rate, percent per annum in Türkiye?
- Discount rate, percent per annum in Türkiye was 38.75 in 2025, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Türkiye?
- The highest recorded value was 67 in 1997.
- What is the lowest discount rate, percent per annum recorded in Türkiye?
- The lowest recorded value was 7.5 in 1964.
- How does Türkiye rank for discount rate, percent per annum?
- Türkiye ranks 1st out of 70 countries with data for 2025.
- Is discount rate, percent per annum rising or falling in Türkiye?
- Over the last ten years it is up 330.6%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.