Domestic credit provided by financial sector in Türkiye
Türkiye: Domestic credit provided by financial sector was 60.2% in 2025. ▲ Rising
Domestic credit provided by financial sector in Türkiye, 2008–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit provided by financial sector in Türkiye is 60.2%, measured in 2025.
Compared with earlier readings it is up 5.0% on the previous year and down 21.9% over ten years.
Over the whole period, domestic credit provided by financial sector in Türkiye peaked at 96.8% in 2020 and was at its lowest, 51.5%, in 2008.
Türkiye ranks 35th of 65 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Domestic credit provided by financial sector in Türkiye, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 51.5% | — |
| 2009 | 60.8% | +18.2% |
| 2010 | 67.1% | +10.4% |
| 2011 | 65.7% | -2.1% |
| 2012 | 66.3% | +0.8% |
| 2013 | 72.0% | +8.7% |
| 2014 | 74.7% | +3.7% |
| 2015 | 77.0% | +3.2% |
| 2016 | 79.9% | +3.8% |
| 2017 | 79.8% | -0.1% |
| 2018 | 81.2% | +1.7% |
| 2019 | 81.2% | -0.0% |
| 2020 | 96.8% | +19.2% |
| 2021 | 91.5% | -5.4% |
| 2022 | 71.2% | -22.2% |
| 2023 | 63.8% | -10.4% |
| 2024 | 57.3% | -10.2% |
| 2025 | 60.2% | +5.0% |
Türkiye compared with similar countries
- Türkiye's 60.2% is below the median for upper middle income countries, which is 62.6%, 96% of the median. (30 countries reporting)
- Türkiye's 60.2% is above the median for Europe & Central Asia, which is 53.7%, 1.1× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.1% | 51.5% | 60.8% | 2 |
| 2010s | 74.5% | 65.7% | 81.2% | 10 |
| 2020s | 73.5% | 57.3% | 96.8% | 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 domestic credit provided by financial sector in Türkiye?
- Domestic credit provided by financial sector in Türkiye was 60.2% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit provided by financial sector recorded in Türkiye?
- The highest recorded value was 96.8% in 2020.
- What is the lowest domestic credit provided by financial sector recorded in Türkiye?
- The lowest recorded value was 51.5% in 2008.
- How does Türkiye rank for domestic credit provided by financial sector?
- Türkiye ranks 35th out of 65 countries with data for 2025.
- Is domestic credit provided by financial sector rising or falling in Türkiye?
- Over the last ten years it is down 21.9%. The long-run trend across the full record is rising.
- Where does this Türkiye data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit provided by financial sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.