Domestic credit to private sector in Türkiye
Türkiye: Domestic credit to private sector was 75.2% in 2020. ▲ Rising
Domestic credit to private sector in Türkiye, 2008–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in Türkiye stood at 75.2%. That is the highest value across all 13 years on record.
That represents a change of up 14.8% on the previous year and up 69.5% over ten years.
Over the whole period, domestic credit to private sector in Türkiye peaked at 75.2% in 2020 and was at its lowest, 33.4%, in 2008.
That places Türkiye 51st out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Domestic credit to private sector in Türkiye, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 33.4% | — |
| 2009 | 37.1% | +11.1% |
| 2010 | 44.4% | +19.6% |
| 2011 | 49.1% | +10.6% |
| 2012 | 51.8% | +5.7% |
| 2013 | 60.3% | +16.2% |
| 2014 | 63.5% | +5.3% |
| 2015 | 66.5% | +4.7% |
| 2016 | 69.4% | +4.4% |
| 2017 | 70.5% | +1.6% |
| 2018 | 67.5% | -4.2% |
| 2019 | 65.5% | -3.0% |
| 2020 | 75.2% | +14.8% |
Türkiye compared with similar countries
- Türkiye's 75.2% is above the median for upper middle income countries, which is 52.0%, 1.4× the median. (55 countries reporting)
- Türkiye's 75.2% is above the median for Europe & Central Asia, which is 59.9%, 1.3× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.2% | 33.4% | 37.1% | 2 |
| 2010s | 60.8% | 44.4% | 70.5% | 10 |
| 2020s | 75.2% | 75.2% | 75.2% | 1 |
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 in Türkiye?
- Domestic credit to private sector in Türkiye was 75.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Türkiye?
- The highest recorded value was 75.2% in 2020.
- What is the lowest domestic credit to private sector recorded in Türkiye?
- The lowest recorded value was 33.4% in 2008.
- How does Türkiye rank for domestic credit to private sector?
- Türkiye ranks 51st out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Türkiye?
- Over the last ten years it is up 69.5%. The long-run trend across the full record is rising.
- Where does this Türkiye data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.