Monetary Sector credit to private sector (% GDP) in Turkey
Turkey: Monetary Sector credit to private sector (% GDP) was 36.9% in 2025. ◆ Volatile
Monetary Sector credit to private sector in Turkey, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, monetary sector credit to private sector in Turkey stood at 36.9%.
Compared with earlier readings it is up 2.5% on the previous year and down 41.0% over ten years.
Over the whole period, monetary sector credit to private sector in Turkey peaked at 69.6% in 2020 and was at its lowest, 12.7%, in 1961.
That places Turkey 97th out of 187 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monetary Sector credit to private sector (% GDP) in Turkey, year by year
| Year | % GDP | Change |
|---|---|---|
| 1960 | 17.7% | — |
| 1961 | 12.7% | -27.9% |
| 1962 | 14.1% | +10.9% |
| 1963 | 14.1% | -0.4% |
| 1964 | 14.7% | +4.6% |
| 1965 | 16.2% | +10.3% |
| 1966 | 17.0% | +4.9% |
| 1967 | 17.7% | +3.9% |
| 1968 | 17.8% | +0.9% |
| 1969 | 19.3% | +8.4% |
| 1970 | 18.0% | -6.7% |
| 1971 | 16.5% | -8.6% |
| 1972 | 18.2% | +10.3% |
| 1973 | 19.0% | +4.4% |
| 1974 | 17.9% | -5.5% |
| 1975 | 19.7% | +10.0% |
| 1976 | 20.6% | +4.3% |
| 1977 | 20.4% | -0.8% |
| 1978 | 17.5% | -14.4% |
| 1979 | 14.7% | -15.8% |
| 1980 | 13.6% | -7.5% |
| 1981 | 16.6% | +22.5% |
| 1982 | 18.5% | +11.0% |
| 1983 | 20.8% | +12.3% |
| 1984 | 17.8% | -14.0% |
| 1985 | 17.4% | -2.4% |
| 1986 | 19.7% | +12.8% |
| 1987 | 20.6% | +4.7% |
| 1988 | 17.3% | -15.8% |
| 1989 | 16.6% | -4.0% |
| 1990 | 16.7% | +0.2% |
| 1991 | 17.2% | +3.0% |
| 1992 | 17.9% | +4.5% |
| 1993 | 18.1% | +1.0% |
| 1994 | 15.9% | -12.0% |
| 1995 | 13.3% | -16.3% |
| 1996 | 16.5% | +24.1% |
| 1997 | 18.9% | +14.4% |
| 1998 | 16.8% | -11.4% |
| 1999 | 16.2% | -3.5% |
| 2000 | 17.2% | +6.5% |
| 2001 | 14.9% | -13.6% |
| 2002 | 14.0% | -5.8% |
| 2003 | 14.0% | -0.3% |
| 2004 | 16.5% | +18.2% |
| 2005 | 21.1% | +28.0% |
| 2006 | 24.6% | +16.4% |
| 2007 | 27.9% | +13.2% |
| 2008 | 30.7% | +10.2% |
| 2009 | 34.3% | +11.7% |
| 2010 | 41.3% | +20.5% |
| 2011 | 45.9% | +11.0% |
| 2012 | 48.5% | +5.7% |
| 2013 | 56.5% | +16.5% |
| 2014 | 59.4% | +5.2% |
| 2015 | 62.5% | +5.2% |
| 2016 | 65.2% | +4.3% |
| 2017 | 65.6% | +0.6% |
| 2018 | 62.4% | -4.9% |
| 2019 | 60.6% | -2.8% |
| 2020 | 69.6% | +14.8% |
| 2021 | 64.5% | -7.4% |
| 2022 | 47.4% | -26.6% |
| 2023 | 42.5% | -10.3% |
| 2024 | 36.0% | -15.3% |
| 2025 | 36.9% | +2.5% |
Turkey compared with similar countries
- Turkey's 36.9% is below the median for upper middle income countries, which is 39.9%, 93% of the median. (55 countries reporting)
- Turkey's 36.9% is below the median for Europe & Central Asia, which is 51.0%, 72% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.1% | 12.7% | 19.3% | 10 |
| 1970s | 18.2% | 14.7% | 20.6% | 10 |
| 1980s | 17.9% | 13.6% | 20.8% | 10 |
| 1990s | 16.8% | 13.3% | 18.9% | 10 |
| 2000s | 21.5% | 14.0% | 34.3% | 10 |
| 2010s | 56.8% | 41.3% | 65.6% | 10 |
| 2020s | 49.5% | 36.0% | 69.6% | 6 |
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 monetary sector credit to private sector in Turkey?
- Monetary sector credit to private sector in Turkey was 36.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Turkey?
- The highest recorded value was 69.6% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Turkey?
- The lowest recorded value was 12.7% in 1961.
- How does Turkey rank for monetary sector credit to private sector?
- Turkey ranks 97th out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Turkey?
- Over the last ten years it is down 41.0%. The long-run trend across the full record is volatile.
- Where does this Turkey data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Monetary Sector credit to private sector (% GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.