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Turkey: Short-term interest rate

Percent · 1934–2024 · 44 observations · forecasts to 2026 · strate

2024
52.0%percent
Change on 2023
+26.0 pointsfrom 26.0%
Average, 2015–2024
19.7%10 years
Record high and low
72.2% (1992)low 4.00% (1940)

Short-term interest rate

Report error
0%10%20%30%40%50%60%70%80%19401960198020002020TurkeyTurkey
ForecastPercent

Compare with other countries →Definition of Short-term interest rate

Recent values

Percent

YearValue
202625.8Forecast
202544.5Forecast
202452.0
202326.0
202214.3
202118.7
202011.1
201920.7
201819.8
201712.8
201610.3
201511.0

Sources

  • National Bank of Serbia1934–1947
  • Bordo1987–1992
  • OECD Key Economic Indicators1992–2004
  • OECD Economic Outlook2002–2025
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

Turkey documentation (PDF)

More for Turkey

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Short-term interest rate elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms