Turkey: Inflation, annual

* indicates monthly or quarterly data series
The most recent value is 44.41 percent as of December 2024, a decline compared to the previous value of 47.13 percent. Historically, the average for Turkey from January 1997 to December 2024 is 28.01 percent. The minimum of 3.98 percent was recorded in March 2011, while the maximum of 99.53 percent was reached in January 1998. Click on the following link to see the values of: Inflation, annual around the world.
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* indicates monthly or quarterly data series

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  • Measure: percent
  • Source: Eurostat

Recent values Turkey: Inflation, annual percent change in the CPI
2024  Dec 44.41
2024  Nov 47.13
2024  Oct 48.66
2024  Sep 49.45
2024  Aug 51.98
2024  Jul 61.77
2024  Jun 71.63
2024  May 75.5


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Definition: Percent change in the CPI from the same month last year.

 Related indicators Latest Reference Measure
 Inflation 53.9 2023 percent
 Exchange rate regimes 5 2022 index points
 USD exchange rate 35.5070 1/2025 Local Currency Units per USD
 Money supply (broad money) 17,500.66 12/2024 billion
 Consumer Price Index (CPI) 1,029.8200 12/2024 index points
 Inflation, monthly 1.04 12/2024 percent
 Inflation, annual 44.41 12/2024 percent
 Private sector credit 12,339.37 12/2024 billion
 Business credit 8,570.94 12/2024 billion
 Household credit 3,768.43 12/2024 billion
 Mortgage credit 462.83 12/2024 billion
 Consumer credit 3,305.60 12/2024 billion
 Deposit interest rate 48.35 12/2024 percent
 Business credit interest rate 59.60 12/2024 percent
 Mortgage credit interest rate 40.87 12/2024 percent
 Policy rate 47.50 12/2024 percent
 Household debt to GDP 9.70 6/2024 percent
 Debt service ratios for private non-financial sector 35.40 Q2/2024 percent
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