Foreign banks among total banks (%) in Turkey
Turkey: Foreign banks among total banks (%) was 38.0% in 2013. ▲ Rising
Foreign banks among total banks in Turkey, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2013, foreign banks among total banks in Turkey stood at 38.0%.
The figure is up 8.6% on the previous year and up 90.0% over ten years.
Over the whole period, foreign banks among total banks in Turkey peaked at 39.0% in 2007 and was at its lowest, 12.0%, in 1997.
That places Turkey 74th out of 137 countries with data for 2013, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Turkey, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 13.0% | — |
| 1996 | 13.0% | +0.0% |
| 1997 | 12.0% | -7.7% |
| 1998 | 14.0% | +16.7% |
| 1999 | 15.0% | +7.1% |
| 2000 | 15.0% | +0.0% |
| 2001 | 14.0% | -6.7% |
| 2002 | 19.0% | +35.7% |
| 2003 | 20.0% | +5.3% |
| 2004 | 21.0% | +5.0% |
| 2005 | 23.0% | +9.5% |
| 2006 | 34.0% | +47.8% |
| 2007 | 39.0% | +14.7% |
| 2008 | 39.0% | +0.0% |
| 2009 | 39.0% | +0.0% |
| 2010 | 39.0% | +0.0% |
| 2011 | 36.0% | -7.7% |
| 2012 | 35.0% | -2.8% |
| 2013 | 38.0% | +8.6% |
Turkey compared with similar countries
- Turkey's 38.0% is below the median for upper middle income countries, which is 41.0%, 93% of the median. (40 countries reporting)
- Turkey's 38.0% is below the median for Europe & Central Asia, which is 50.0%, 76% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.4% | 12.0% | 15.0% | 5 |
| 2000s | 26.3% | 14.0% | 39.0% | 10 |
| 2010s | 37.0% | 35.0% | 39.0% | 4 |
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 foreign banks among total banks in Turkey?
- Foreign banks among total banks in Turkey was 38.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Turkey?
- The highest recorded value was 39.0% in 2007.
- What is the lowest foreign banks among total banks recorded in Turkey?
- The lowest recorded value was 12.0% in 1997.
- How does Turkey rank for foreign banks among total banks?
- Turkey ranks 74th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Turkey?
- Over the last ten years it is up 90.0%. The long-run trend across the full record is rising.
- Where does this Turkey data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.