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Cost of moneyTurkey

Deposit rate in Turkey

What does parked money earn there?

Turkey's deposit rate is 57.60 % #1 of 70 countries on the atlas (higher is better). Period 2025.

57.60%

Checked 21 Sept 2026Period 2025

Source: IMF International Financial Statistics

Deposit rate in Turkey over time

87.79 %46.90 %6.00 %87.79 % · 19946.00 % · 19781978: 6.00 %1979: 7.33 %1980: 8.00 %1981: 26.50 %1982: 45.00 %1983: 45.33 %1984: 51.42 %1985: 49.25 %1986: 40.58 %1987: 35.00 %1988: 49.08 %1989: 53.79 %1990: 47.48 %1991: 62.68 %1992: 68.74 %1993: 64.57 %1994: 87.79 %1995: 75.97 %1996: 80.75 %1997: 79.49 %1998: 80.11 %1999: 78.43 %2000: 47.16 %2001: 74.70 %2002: 50.49 %2003: 37.68 %2004: 24.26 %2005: 20.40 %2006: 21.65 %2007: 22.56 %2008: 22.91 %2009: 17.65 %2010: 15.27 %2011: 14.11 %2012: 17.19 %2013: 15.29 %2014: 16.93 %2015: 14.92 %2016: 14.61 %2017: 15.29 %2018: 23.28 %2019: 25.41 %2020: 13.36 %2021: 20.70 %2022: 27.04 %2023: 51.33 %2024: 71.04 %2025: 57.60 %19782002202557.60 %
48 official observations, 19782025. Every point is a published value — never interpolated.
Rank
#1 of 70
higher is better
Ranked behind
99 %
69 of 70 countries
Latest move
▼ 13.44 pp
since 2024
Below its peak
30.19 pp
peak 87.79 % in 1994
Full series
▲ 51.60 pp
since 1978

In Asia: #1 of 19vs median 4.96 %: +52.64 pp (better)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Turkey: ahead of 99 % of the 70 countries with a published deposit rateTurkey 57.60 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Turkey is ahead of 99 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Turkey
1 Turkey57.60 %
2 Argentina34.86 %−22.74 pp
3 Egypt19.16 %−38.44 pp
4 Russia14.62 %−42.98 pp
5 Honduras12.44 %−45.16 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Turkey

Savings vs inflationInflation rate
Deposit rate, all countries ranked →Compare Turkey with another country →Everything about Turkey
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