Financial Institutions Access Index in Turkey

Turkey: Financial Institutions Access Index was 0.5395 in 2020. ◆ Volatile

Latest (2020)
0.5395
Change on year
down 2.6%
World rank
44th
of 183 countries
All-time high
0.5825
in 2015
All-time low
0.0857
in 1980
Years of data
41
1980–2020

Financial Institutions Access Index in Turkey, 1980–2020

0.10.20.30.40.50.61980200020201980: 0.0861981: 0.1051982: 0.1171983: 0.1311984: 0.1131985: 0.111986: 0.1241987: 0.131988: 0.1171989: 0.1111990: 0.111991: 0.1111992: 0.1171993: 0.1281994: 0.1191995: 0.1171996: 0.1361997: 0.1361998: 0.1131999: 0.1062000: 0.112001: 0.1092002: 0.1142003: 0.1222004: 0.1272005: 0.2822006: 0.3072007: 0.3392008: 0.3852009: 0.3992010: 0.4342011: 0.4732012: 0.5032013: 0.5542014: 0.5742015: 0.5832016: 0.5642017: 0.5592018: 0.5612019: 0.5542020: 0.539

Source: International Monetary Fund.

Analysis

In 2020, financial institutions access index in Turkey stood at 0.5395.

Compared with earlier readings it is down 2.6% on the previous year and up 24.4% over ten years.

Over the whole period, financial institutions access index in Turkey peaked at 0.5825 in 2015 and was at its lowest, 0.0857, in 1980.

Turkey ranks 44th of 183 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Financial Institutions Access Index in Turkey, year by year

Annual values for Financial Institutions Access Index in Turkey, 1980 to 2020.
Year Value Change
1980 0.0857 —
1981 0.105 +22.5%
1982 0.1166 +11.0%
1983 0.1309 +12.3%
1984 0.1125 -14.0%
1985 0.1099 -2.4%
1986 0.1239 +12.8%
1987 0.1298 +4.7%
1988 0.1172 -9.7%
1989 0.1107 -5.6%
1990 0.1104 -0.3%
1991 0.1113 +0.8%
1992 0.1171 +5.2%
1993 0.1276 +9.0%
1994 0.1187 -7.0%
1995 0.1171 -1.4%
1996 0.1356 +15.9%
1997 0.1356 -0.0%
1998 0.1127 -16.9%
1999 0.1062 -5.8%
2000 0.1103 +3.9%
2001 0.1086 -1.6%
2002 0.1138 +4.8%
2003 0.1223 +7.4%
2004 0.1271 +4.0%
2005 0.2816 +121.5%
2006 0.3069 +9.0%
2007 0.339 +10.5%
2008 0.3846 +13.4%
2009 0.399 +3.7%
2010 0.4337 +8.7%
2011 0.4729 +9.1%
2012 0.5031 +6.4%
2013 0.5538 +10.1%
2014 0.5742 +3.7%
2015 0.5825 +1.5%
2016 0.5643 -3.1%
2017 0.5589 -0.9%
2018 0.5611 +0.4%
2019 0.5541 -1.3%
2020 0.5395 -2.6%

Turkey compared with similar countries

  • Turkey's 0.5395 is above the median for upper middle income countries, which is 0.3583, 1.5× the median. (54 countries reporting)
  • Turkey's 0.5395 is above the median for Europe & Central Asia, which is 0.5389, 1.0× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Financial Institutions Access Index in Turkey 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.

YearChange FromTo
2005 +121.5% 0.1271 0.2816

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.1142 0.0857 0.1309 10
1990s 0.1192 0.1062 0.1356 10
2000s 0.2293 0.1086 0.399 10
2010s 0.5359 0.4337 0.5825 10
2020s 0.5395 0.5395 0.5395 1

Countries ranked near Turkey

  1. 41 Tonga 0.5519 compare
  2. 42 Panama 0.5497 compare
  3. 43 Slovakia 0.5431 compare
  4. 45 Serbia 0.5389 compare
  5. 46 Samoa 0.535 compare
  6. 47 Romania 0.5331 compare

See the full ranking of 192 places →

More financial sector data for Turkey

All data for Turkey →

Frequently asked questions

What is financial institutions access index in Turkey?
Financial institutions access index in Turkey was 0.5395 in 2020, according to International Monetary Fund.
What is the highest financial institutions access index recorded in Turkey?
The highest recorded value was 0.5825 in 2015.
What is the lowest financial institutions access index recorded in Turkey?
The lowest recorded value was 0.0857 in 1980.
How does Turkey rank for financial institutions access index?
Turkey ranks 44th out of 183 countries with data for 2020.
Is financial institutions access index rising or falling in Turkey?
Over the last ten years it is up 24.4%. The long-run trend across the full record is volatile.
Where does this Turkey data come from?
The figures come from International Monetary Fund, published as part of Financial Institutions Access Index. Statizoid updates them automatically from the source API.

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Financial Institutions Access Index in Turkey. Statizoid, drawing on International Monetary Fund. Retrieved 07 October 2026, from https://financial-sector.statizoid.com/stat/financial-institutions-access-index/turkiye/

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About this data

Indicator
Financial Institutions Access Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

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.