Financial Institutions Index in Turkey
Turkey: Financial Institutions Index was 0.4764 in 2020. ▲ Rising
Financial Institutions Index in Turkey, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions index in Turkey stood at 0.4764.
The figure is up 0.9% on the previous year and up 19.0% over ten years.
Over the whole period, financial institutions index in Turkey peaked at 0.4828 in 2017 and was at its lowest, 0.1, in 1998.
Turkey ranks 68th of 183 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Institutions Index in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1736 | — |
| 1981 | 0.2076 | +19.6% |
| 1982 | 0.23 | +10.8% |
| 1983 | 0.2511 | +9.2% |
| 1984 | 0.2185 | -13.0% |
| 1985 | 0.213 | -2.5% |
| 1986 | 0.2373 | +11.4% |
| 1987 | 0.246 | +3.7% |
| 1988 | 0.1996 | -18.9% |
| 1989 | 0.1903 | -4.6% |
| 1990 | 0.1997 | +5.0% |
| 1991 | 0.168 | -15.9% |
| 1992 | 0.1999 | +19.0% |
| 1993 | 0.2146 | +7.4% |
| 1994 | 0.1899 | -11.5% |
| 1995 | 0.1876 | -1.2% |
| 1996 | 0.2203 | +17.4% |
| 1997 | 0.1806 | -18.0% |
| 1998 | 0.1 | -44.6% |
| 1999 | 0.1431 | +43.1% |
| 2000 | 0.1847 | +29.1% |
| 2001 | 0.1345 | -27.2% |
| 2002 | 0.2196 | +63.3% |
| 2003 | 0.2122 | -3.4% |
| 2004 | 0.2159 | +1.7% |
| 2005 | 0.3114 | +44.2% |
| 2006 | 0.3246 | +4.2% |
| 2007 | 0.3474 | +7.0% |
| 2008 | 0.3605 | +3.8% |
| 2009 | 0.3792 | +5.2% |
| 2010 | 0.4002 | +5.5% |
| 2011 | 0.4126 | +3.1% |
| 2012 | 0.4299 | +4.2% |
| 2013 | 0.4578 | +6.5% |
| 2014 | 0.4712 | +2.9% |
| 2015 | 0.479 | +1.7% |
| 2016 | 0.4806 | +0.3% |
| 2017 | 0.4828 | +0.5% |
| 2018 | 0.4752 | -1.6% |
| 2019 | 0.4721 | -0.6% |
| 2020 | 0.4764 | +0.9% |
Turkey compared with similar countries
- Turkey's 0.4764 is above the median for upper middle income countries, which is 0.4252, 1.1× the median. (54 countries reporting)
- Turkey's 0.4764 is below the median for Europe & Central Asia, which is 0.5263, 91% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Financial Institutions 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +63.3% | 0.1345 | 0.2196 |
| 1998 | -44.6% | 0.1806 | 0.1 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2167 | 0.1736 | 0.2511 | 10 |
| 1990s | 0.1804 | 0.1 | 0.2203 | 10 |
| 2000s | 0.269 | 0.1345 | 0.3792 | 10 |
| 2010s | 0.4561 | 0.4002 | 0.4828 | 10 |
| 2020s | 0.4764 | 0.4764 | 0.4764 | 1 |
Countries ranked near Turkey
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 index in Turkey?
- Financial institutions index in Turkey was 0.4764 in 2020, according to International Monetary Fund.
- What is the highest financial institutions index recorded in Turkey?
- The highest recorded value was 0.4828 in 2017.
- What is the lowest financial institutions index recorded in Turkey?
- The lowest recorded value was 0.1 in 1998.
- How does Turkey rank for financial institutions index?
- Turkey ranks 68th out of 183 countries with data for 2020.
- Is financial institutions index rising or falling in Turkey?
- Over the last ten years it is up 19.0%. 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 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.