Short-term interest rate measured by 3-month interbank interest rate reached 12.5% in 2022 in Turkey, according to the National Statistical Office. This is 20.9% less than in the previous year.
Historically, short-term interest rate measured by 3-month interbank interest rate in Turkey reached an all time high of 92.4% in 2001 and an all time low of 6.93% in 2013.
Turkey has been ranked 1st within the group of 44 countries we follow in terms of short-term interest rate measured by 3-month interbank interest rate.
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