Turkey: Financial markets development

* indicates monthly or quarterly data series
 Turkey

Financial markets development

 Latest value 0.563
 Year 2021
 Measure index points
 Data availability 1985 - 2021
 Average 0.446
 Min - Max 0.070 - 0.582
 Source International Monetary Fund
The latest value from 2021 is 0.563 index points, a decline from 0.582 index points in 2020. In comparison, the world average is 0.239 index points, based on data from 158 countries. Historically, the average for Turkey from 1985 to 2021 is 0.446 index points. The minimum value, 0.07 index points, was reached in 1985 while the maximum of 0.582 index points was recorded in 2020. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Turkey - Financial markets development - Recent values chart

Historical series
Turkey - Financial markets development - historical chart - 1985-2021




Definition: An index for overall financial markets development based on the three subindexes for depth, access, and efficiency listed on the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Financial development 0.500 2021 index points
 Financial institutions development 0.417 2021 index points
 Financial institutions development, depth 0.065 2021 index points
 Financial institutions development, access 0.530 2021 index points
 Financial institutions development, efficiency 0.594 2021 index points
 Financial markets development 0.563 2021 index points
 Financial markets development, depth 0.421 2021 index points
 Financial markets development, access 0.273 2021 index points
 Financial markets development, efficiency 1.000 2021 index points
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