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Bank Interest Expenses (Local Currency) in Turkey

Source: IMF
Last Updated: July 24, 2023

Bank interest expenses reached TRY 208,676 mil in 2020 in Turkey, according to the National Central Bank. This is 19.2% less than in the previous year.

Historically, bank interest expenses in Turkey reached an all time high of TRY 258,165 mil in 2019 and an all time low of TRY < 0.001 mil in 1961.

Turkey has been ranked 18th within the group of 70 countries we follow in terms of bank interest expenses.

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