Financial Markets Depth Index in Turkey
Turkey: Financial Markets Depth Index was 0.45 in 2020. ◆ Volatile
Financial Markets Depth Index in Turkey, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial markets depth index in Turkey stood at 0.45. That is the highest value across all 41 years on record.
That represents a change of up 23.5% on the previous year and up 22.0% over ten years.
Over the whole period, financial markets depth index in Turkey peaked at 0.45 in 2020 and was at its lowest, 0.0169, in 1980.
Turkey ranks 40th 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 Markets Depth Index in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0169 | — |
| 1981 | 0.0207 | +22.5% |
| 1982 | 0.0229 | +11.0% |
| 1983 | 0.0258 | +12.3% |
| 1984 | 0.0221 | -14.0% |
| 1985 | 0.0216 | -2.4% |
| 1986 | 0.0418 | +93.1% |
| 1987 | 0.0642 | +53.8% |
| 1988 | 0.0658 | +2.4% |
| 1989 | 0.0742 | +12.7% |
| 1990 | 0.065 | -12.3% |
| 1991 | 0.0706 | +8.6% |
| 1992 | 0.0828 | +17.2% |
| 1993 | 0.1007 | +21.7% |
| 1994 | 0.1288 | +27.9% |
| 1995 | 0.1766 | +37.1% |
| 1996 | 0.1462 | -17.2% |
| 1997 | 0.2 | +36.8% |
| 1998 | 0.147 | -26.5% |
| 1999 | 0.2582 | +75.6% |
| 2000 | 0.3671 | +42.2% |
| 2001 | 0.2563 | -30.2% |
| 2002 | 0.2078 | -18.9% |
| 2003 | 0.2271 | +9.3% |
| 2004 | 0.2479 | +9.2% |
| 2005 | 0.2775 | +11.9% |
| 2006 | 0.2857 | +3.0% |
| 2007 | 0.3512 | +22.9% |
| 2008 | 0.2062 | -41.3% |
| 2009 | 0.3464 | +68.0% |
| 2010 | 0.369 | +6.5% |
| 2011 | 0.2992 | -18.9% |
| 2012 | 0.3238 | +8.2% |
| 2013 | 0.2882 | -11.0% |
| 2014 | 0.3039 | +5.4% |
| 2015 | 0.3214 | +5.8% |
| 2016 | 0.2904 | -9.6% |
| 2017 | 0.3452 | +18.9% |
| 2018 | 0.347 | +0.5% |
| 2019 | 0.3643 | +5.0% |
| 2020 | 0.45 | +23.5% |
Turkey compared with similar countries
- Turkey's 0.45 is above the median for upper middle income countries, which is 0.0427, 10.5× the median. (54 countries reporting)
- Turkey's 0.45 is above the median for Europe & Central Asia, which is 0.1807, 2.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0376 | 0.0169 | 0.0742 | 10 |
| 1990s | 0.1376 | 0.065 | 0.2582 | 10 |
| 2000s | 0.2773 | 0.2062 | 0.3671 | 10 |
| 2010s | 0.3252 | 0.2882 | 0.369 | 10 |
| 2020s | 0.45 | 0.45 | 0.45 | 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 markets depth index in Turkey?
- Financial markets depth index in Turkey was 0.45 in 2020, according to International Monetary Fund.
- What is the highest financial markets depth index recorded in Turkey?
- The highest recorded value was 0.45 in 2020.
- What is the lowest financial markets depth index recorded in Turkey?
- The lowest recorded value was 0.0169 in 1980.
- How does Turkey rank for financial markets depth index?
- Turkey ranks 40th out of 183 countries with data for 2020.
- Is financial markets depth index rising or falling in Turkey?
- Over the last ten years it is up 22.0%. 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 Markets Depth Index. Statizoid updates them automatically from the source API.
Download this data
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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.