Banking - Turkey
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Central bank discount rate (%) | 5.25 |
Commercial bank prime lending rate (%) | 18.5 |
Value & RankThe Central bank discount rate of Turkey is 5.25 (%) with a global rank of 70.
Turkey compared to other CountriesThe Central bank discount rate of Turkey is similar to that of Kazakhstan, India, Guyana, Iceland, Philippines, Peru, South Africa, Madagascar, Bangladesh, Azerbaijan with a respective Central bank discount rate of 5.50, 5.50, 5.50, 5.40, 5.30, 5.05, 5.00, 5.00, 5.00, 5.00 (%) and a global rank of 65, 66, 67, 68, 69, 71, 72, 73, 74, 75.Turkey since the end of the Great RecessionTurkey's Central bank discount rate had a negative growth (decline) of 65.0% since the end of the Great Recession
Turkey compared to other CountriesThe Central bank discount rate of Turkey is similar to that of Kazakhstan, India, Guyana, Iceland, Philippines, Peru, South Africa, Madagascar, Bangladesh, Azerbaijan with a respective Central bank discount rate of 5.50, 5.50, 5.50, 5.40, 5.30, 5.05, 5.00, 5.00, 5.00, 5.00 (%) and a global rank of 65, 66, 67, 68, 69, 71, 72, 73, 74, 75.Turkey since the end of the Great RecessionTurkey's Central bank discount rate had a negative growth (decline) of 65.0% since the end of the Great Recession
Value & RankThe Commercial bank prime lending rate of Turkey is 18.5 (%) with a global rank of 19.
Turkey compared to other CountriesThe Commercial bank prime lending rate of Turkey is similar to that of Tajikistan, Georgia, Sierra Leone, Peru, Dem. Rep. Congo, Costa Rica, Venezuela, Mauritania, Honduras, Turkmenistan with a respective Commercial bank prime lending rate of 22.0, 20.7, 20.5, 20.3, 18.6, 18.2, 18.0, 18.0, 17.8, 17.5 (%) and a global rank of 14, 15, 16, 17, 18, 20, 21, 22, 23, 24.Last 4 years averageTurkey had an average Commercial bank prime lending rate of 15.8 (%) in the last 4 years from (2009 to 2013).
Turkey since the end of the Great RecessionTurkey's Commercial bank prime lending rate had a negative growth (decline) of 11.9% since the end of the Great Recession
Turkey compared to other CountriesThe Commercial bank prime lending rate of Turkey is similar to that of Tajikistan, Georgia, Sierra Leone, Peru, Dem. Rep. Congo, Costa Rica, Venezuela, Mauritania, Honduras, Turkmenistan with a respective Commercial bank prime lending rate of 22.0, 20.7, 20.5, 20.3, 18.6, 18.2, 18.0, 18.0, 17.8, 17.5 (%) and a global rank of 14, 15, 16, 17, 18, 20, 21, 22, 23, 24.Last 4 years averageTurkey had an average Commercial bank prime lending rate of 15.8 (%) in the last 4 years from (2009 to 2013).
Turkey since the end of the Great RecessionTurkey's Commercial bank prime lending rate had a negative growth (decline) of 11.9% since the end of the Great Recession
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Datasource: CIA - The World Factbook