Mortgage loans as a share of GDP fell 1.97% to 6.22% in Turkey in 2017, according to the National Central Bank.
Historically, mortgage loans as a share of GDP in Turkey reached an all time high of 6.35% in 2016 and an all time low of 0.168% in 2003.
Turkey has been ranked 52nd within the group of 89 countries we follow in terms of mortgage loans as a share of GDP, 6 places below the position seen 10 years ago.
Mortgage Loans (As % of GDP) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Albania | % | ... | 8.68% | 8.19% | 8.12% | 9.14% | 8.77% | |||||||||||||||
Bulgaria | % | 9.58% | ... | ... | ... | 11.9% | ||||||||||||||||
Greece | % | 37.2% | 35.7% | 32.2% | 31.0% | 16.6% | ||||||||||||||||
Iran | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Kuwait | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Macedonia | % | ... | ... | ... | ... | ... | ... | 12.7% | 13.2% | 13.9% | 15.7% | 15.4% | ||||||||||
Pakistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.441% | 0.548% | 0.590% | 0.896% | 0.388% | ||||||
Romania | % | 7.71% | 9.19% | 8.85% | 9.48% | 9.32% | ... | |||||||||||||||
Saudi Arabia | % | ... | ... | ... | ... | ... | ... | ... | 4.68% | 4.53% | 6.57% | 12.0% | 14.3% | |||||||||
Serbia | % | 7.97% | ... | ... | ... | ... | ... | ... | ||||||||||||||
Syria | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Turkey | % | 6.22% | 5.20% | 4.67% | 5.56% | 4.12% | ||||||||||||||||
Turkmenistan | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |