Turkey: Business credit

* indicates monthly or quarterly data series
 Turkey

Business credit, billion currency units

 Latest value 6283.43
 Reference December 2023
 Measure billion Turkish Lira
 Data availability December 2002 - December 2023
 Average 1017.58
 Min - Max 22.36 - 6283.43
 Source Central Bank of the Republic of Turkey
For that indicator, we provide data for Turkey from December 2002 to December 2023. The average value for Turkey during that period was 1017.58 billion Turkish Lira with a minimum of 22.36 billion Turkish Lira in December 2002 and a maximum of 6283.43 billion Turkish Lira in December 2023. Click on the following link to see the values of Business credit, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Turkey - Business credit - recent values

Historical chart
Turkey - Business credit - historical chart - 2002-2023
Measure: billion Turkish Lira
Source: Central Bank of the Republic of Turkey


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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.

 Related indicators Latest value Reference Measure
 Inflation 72.3 2022 percent
 Money supply (broad money) 12,374.66 9/2023 billion
 Consumer Price Index (CPI) 648.4500 9/2023 index points
 Inflation, monthly 4.74 9/2023 percent
 Inflation, annual 61.67 9/2023 percent
 Private sector credit 8,175.39 9/2023 billion
 Business credit 5,851.10 9/2023 billion
 Household credit 2,324.29 9/2023 billion
 Mortgage credit 402.42 9/2023 billion
 Consumer credit 1,921.88 9/2023 billion
 Deposit interest rate 35.61 9/2023 percent
 Business credit interest rate 45.27 9/2023 percent
 Mortgage credit interest rate 42.21 9/2023 percent
 Policy rate 30.00 9/2023 percent
 Household debt to GDP 11.30 9/2023 percent
 Debt service ratios for private non-financial sector 23.00 Q3/2023 percent
 USD exchange rate 26.9956 9/2023 Local Currency Units per USD
 Exchange rate regimes 7 2021 index points
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