Financial Institutions Depth Index in Turkey
Turkey: Financial Institutions Depth Index was 0.2184 in 2020. ▲ Rising
Financial Institutions Depth Index in Turkey, 1980–2020
Source: International Monetary Fund.
Analysis
Turkey recorded 0.2184 for financial institutions depth index in 2020. That is the highest value across all 41 years on record.
The figure is up 14.5% on the previous year and up 58.7% over ten years.
Over the whole period, financial institutions depth index in Turkey peaked at 0.2184 in 2020 and was at its lowest, 0.0464, in 1980.
That places Turkey 82nd out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Depth Index in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0464 | — |
| 1981 | 0.0568 | +22.5% |
| 1982 | 0.0631 | +11.0% |
| 1983 | 0.0709 | +12.3% |
| 1984 | 0.0609 | -14.0% |
| 1985 | 0.0595 | -2.4% |
| 1986 | 0.0671 | +12.8% |
| 1987 | 0.0703 | +4.7% |
| 1988 | 0.0592 | -15.8% |
| 1989 | 0.0568 | -4.0% |
| 1990 | 0.0569 | +0.2% |
| 1991 | 0.0608 | +6.8% |
| 1992 | 0.0665 | +9.3% |
| 1993 | 0.071 | +6.8% |
| 1994 | 0.0652 | -8.2% |
| 1995 | 0.0696 | +6.8% |
| 1996 | 0.0794 | +14.0% |
| 1997 | 0.0904 | +13.8% |
| 1998 | 0.0636 | -29.6% |
| 1999 | 0.0673 | +5.9% |
| 2000 | 0.0743 | +10.4% |
| 2001 | 0.074 | -0.5% |
| 2002 | 0.0759 | +2.6% |
| 2003 | 0.0905 | +19.3% |
| 2004 | 0.0991 | +9.4% |
| 2005 | 0.1069 | +7.9% |
| 2006 | 0.1073 | +0.4% |
| 2007 | 0.1159 | +8.1% |
| 2008 | 0.1124 | -3.0% |
| 2009 | 0.1271 | +13.1% |
| 2010 | 0.1376 | +8.2% |
| 2011 | 0.1409 | +2.4% |
| 2012 | 0.1492 | +5.9% |
| 2013 | 0.1651 | +10.6% |
| 2014 | 0.1706 | +3.3% |
| 2015 | 0.1779 | +4.3% |
| 2016 | 0.1906 | +7.2% |
| 2017 | 0.1908 | +0.1% |
| 2018 | 0.179 | -6.1% |
| 2019 | 0.1906 | +6.5% |
| 2020 | 0.2184 | +14.5% |
Turkey compared with similar countries
- Turkey's 0.2184 is above the median for upper middle income countries, which is 0.1919, 1.1× the median. (54 countries reporting)
- Turkey's 0.2184 is below the median for Europe & Central Asia, which is 0.2816, 78% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0611 | 0.0464 | 0.0709 | 10 |
| 1990s | 0.0691 | 0.0569 | 0.0904 | 10 |
| 2000s | 0.0983 | 0.074 | 0.1271 | 10 |
| 2010s | 0.1692 | 0.1376 | 0.1908 | 10 |
| 2020s | 0.2184 | 0.2184 | 0.2184 | 1 |
Countries ranked near Turkey
- 80 United Arab Emirates 0.2219 compare
- 81 North Macedonia 0.2196 compare
- 83 Latvia 0.2126 compare
- 84 Suriname 0.2103 compare
- 85 Tunisia 0.2096 compare
More financial sector data for Turkey
- 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 financial institutions depth index in Turkey?
- Financial institutions depth index in Turkey was 0.2184 in 2020, according to International Monetary Fund.
- What is the highest financial institutions depth index recorded in Turkey?
- The highest recorded value was 0.2184 in 2020.
- What is the lowest financial institutions depth index recorded in Turkey?
- The lowest recorded value was 0.0464 in 1980.
- How does Turkey rank for financial institutions depth index?
- Turkey ranks 82nd out of 183 countries with data for 2020.
- Is financial institutions depth index rising or falling in Turkey?
- Over the last ten years it is up 58.7%. The long-run trend across the full record is rising.
- Where does this Turkey data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Depth 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.