Turkey: Exchange rate regimes

* indicates monthly or quarterly data series
 Turkey

Exchange rate regimes

 Latest value 7
 Year 2021
 Measure index points
 Data availability 2008 - 2021
 Average 7
 Min - Max 7 - 7
 Source International Monetary Fund
For that indicator, we provide data for Turkey from 2008 to 2021. The average value for Turkey during that period was 7 index points with a minimum of 7 index points in 2008 and a maximum of 7 index points in 2008. The latest value from 2021 is 7 index points. For comparison, the world average in 2021 based on 186 countries is 5 index points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Turkey - Exchange rate regimes - Recent values chart

Historical chart
Turkey - Exchange rate regimes - historical chart - 2008-2021




Definition: The data are from the IMF Annual Reports on Exchange Arrangements and Exchange Restrictions. A higher value of the index indicates more exchange rate flexibility: 1 = the country has no independent legal tender; 2 = currency board; 3 = conventional peg; 4 = target zone; 5 = crawling peg; 6 = other managed exchange rate regimes; 7 = floating regime. The IMF categorization does not include currency unions. Instead, it assigns to the member country the regime of the union it is a part of. For example, all EMU members are assigned a floating exchange rate regime. The data begin with the latest change of the IMF categorization in 2008.


 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 23.00 Q3/2023 percent
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