Domestic credit to private sector by banks in Türkiye
Türkiye: Domestic credit to private sector by banks was 36.9% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Türkiye, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Türkiye recorded 36.9% for domestic credit to private sector by banks in 2025.
That represents a change of up 2.5% on the previous year and down 41.0% over ten years.
Over the whole period, domestic credit to private sector by banks in Türkiye peaked at 69.6% in 2020 and was at its lowest, 12.7%, in 1961.
Türkiye ranks 96th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Türkiye, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 17.7% | — |
| 1961 | 12.7% | -27.9% |
| 1962 | 14.1% | +10.9% |
| 1963 | 14.1% | -0.4% |
| 1964 | 14.7% | +4.6% |
| 1965 | 16.2% | +10.3% |
| 1966 | 17.0% | +4.9% |
| 1967 | 17.7% | +3.9% |
| 1968 | 18.6% | +5.3% |
| 1969 | 20.1% | +8.1% |
| 1970 | 20.6% | +2.6% |
| 1971 | 18.9% | -8.5% |
| 1972 | 20.3% | +7.7% |
| 1973 | 20.9% | +3.0% |
| 1974 | 19.7% | -6.1% |
| 1975 | 21.4% | +8.8% |
| 1976 | 22.2% | +3.8% |
| 1977 | 22.0% | -1.1% |
| 1978 | 17.5% | -20.5% |
| 1979 | 14.7% | -15.8% |
| 1980 | 13.6% | -7.5% |
| 1981 | 16.6% | +22.5% |
| 1982 | 18.5% | +11.0% |
| 1983 | 20.8% | +12.3% |
| 1984 | 17.8% | -14.0% |
| 1985 | 17.4% | -2.4% |
| 1986 | 19.7% | +12.8% |
| 1987 | 20.6% | +4.7% |
| 1988 | 17.3% | -15.8% |
| 1989 | 16.6% | -4.0% |
| 1990 | 16.7% | +0.2% |
| 1991 | 17.2% | +3.0% |
| 1992 | 17.9% | +4.5% |
| 1993 | 18.1% | +1.0% |
| 1994 | 15.9% | -12.0% |
| 1995 | 13.3% | -16.3% |
| 1996 | 16.5% | +24.1% |
| 1997 | 18.9% | +14.4% |
| 1998 | 16.8% | -11.4% |
| 1999 | 16.2% | -3.5% |
| 2000 | 17.2% | +6.5% |
| 2001 | 14.9% | -13.6% |
| 2002 | 14.0% | -5.8% |
| 2003 | 14.0% | -0.3% |
| 2004 | 16.5% | +18.2% |
| 2005 | 21.1% | +28.0% |
| 2006 | 24.6% | +16.4% |
| 2007 | 27.9% | +13.2% |
| 2008 | 30.7% | +10.2% |
| 2009 | 34.3% | +11.7% |
| 2010 | 41.3% | +20.5% |
| 2011 | 45.9% | +11.0% |
| 2012 | 48.5% | +5.7% |
| 2013 | 56.5% | +16.5% |
| 2014 | 59.4% | +5.2% |
| 2015 | 62.5% | +5.2% |
| 2016 | 65.2% | +4.3% |
| 2017 | 65.6% | +0.6% |
| 2018 | 62.4% | -4.9% |
| 2019 | 60.6% | -2.8% |
| 2020 | 69.6% | +14.8% |
| 2021 | 64.5% | -7.4% |
| 2022 | 47.4% | -26.6% |
| 2023 | 42.5% | -10.3% |
| 2024 | 36.0% | -15.3% |
| 2025 | 36.9% | +2.5% |
Türkiye compared with similar countries
- Türkiye's 36.9% is below the median for upper middle income countries, which is 39.8%, 93% of the median. (55 countries reporting)
- Türkiye's 36.9% is below the median for Europe & Central Asia, which is 52.1%, 71% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.3% | 12.7% | 20.1% | 10 |
| 1970s | 19.8% | 14.7% | 22.2% | 10 |
| 1980s | 17.9% | 13.6% | 20.8% | 10 |
| 1990s | 16.8% | 13.3% | 18.9% | 10 |
| 2000s | 21.5% | 14.0% | 34.3% | 10 |
| 2010s | 56.8% | 41.3% | 65.6% | 10 |
| 2020s | 49.5% | 36.0% | 69.6% | 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 to private sector by banks in Türkiye?
- Domestic credit to private sector by banks in Türkiye was 36.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Türkiye?
- The highest recorded value was 69.6% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Türkiye?
- The lowest recorded value was 12.7% in 1961.
- How does Türkiye rank for domestic credit to private sector by banks?
- Türkiye ranks 96th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Türkiye?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is volatile.
- 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 to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. 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.