Financial Development Index in Türkiye
Türkiye: Financial Development Index was 0.5395 in 2020. ▲ Rising
Financial Development Index in Türkiye, 1980–2020
Source: International Monetary Fund.
Analysis
The most recent figure for financial development index in Türkiye is 0.5395, measured in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 10.7% over ten years.
Over the whole period, financial development index in Türkiye peaked at 0.5395 in 2020 and was at its lowest, 0.1162, in 1980.
Türkiye ranks 31st of 183 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1711 | 0.1162 | 0.2292 | 10 |
| 1990s | 0.2843 | 0.1958 | 0.35 | 10 |
| 2000s | 0.4097 | 0.3416 | 0.4751 | 10 |
| 2010s | 0.5079 | 0.4782 | 0.529 | 10 |
| 2020s | 0.5395 | 0.5395 | 0.5395 | 1 |
Countries ranked near Türkiye
More financial sector data for Türkiye
- Net domestic credit (current LCU), per capita 365,380 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 19.64 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 42.15 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 913.08 million SDR (2025)
- Gold reserves at market value 83.20 billion SDR (2025)
- Reserves excluding gold, foreign exchange 46.67 billion SDR (2025)
- Reserves excluding gold 52.30 billion SDR (2025)
- Total reserves (gold at market value) 135.50 billion SDR (2025)
- Total reserves (gold at national valuation) 134.36 billion SDR (2025)
- Domestic credit to private sector by banks 36.9% (2025)
Frequently asked questions
- What is financial development index in Türkiye?
- Financial development index in Türkiye was 0.5395 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Türkiye?
- The highest recorded value was 0.5395 in 2020.
- What is the lowest financial development index recorded in Türkiye?
- The lowest recorded value was 0.1162 in 1980.
- How does Türkiye rank for financial development index?
- Türkiye ranks 31st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Türkiye?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
- Where does this Türkiye data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.