Turkey: Business credit interest rate

* indicates monthly or quarterly data series
 Turkey

Business credit interest rate, percent

 Latest value 62.33
 Reference June 2024
 Measure percent
 Data availability January 2002 - June 2024
 Average 20.47
 Min - Max 8.09 - 67.06
 Source Central Bank of the Republic of Turkey
For that indicator, we provide data for Turkey from January 2002 to June 2024. The average value for Turkey during that period was 20.47 percent with a minimum of 8.09 percent in May 2013 and a maximum of 67.06 percent in April 2024. Click on the following link to see the values of Business credit interest rate, percent around the world.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Turkey - Business credit interest rate - recent values

Historical chart
Turkey - Business credit interest rate - historical chart - 2002-2024
Measure: percent
Source: Central Bank of the Republic of Turkey


Download data from our database


Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

 Related indicators Latest value Reference Measure
 Inflation 72.3 2022 percent
 Exchange rate regimes 7 2021 index points
 USD exchange rate 26.9956 9/2023 Local Currency Units per USD
 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 22.90 Q3/2023 percent
This site uses cookies.
Learn more here


OK