Turkey Domestic Credit Growth
Key information about Turkey Domestic Credit Growth
- Turkey Domestic Credit increased 37.5 % YoY in Nov 2024, compared with an increase of 37.4 % YoY in the previous month
- Turkey Domestic Credit Growth YoY data is updated monthly
- It averaged 38.4 %, available from Jan 1987 to Nov 2024
- The data reached an all-time high of 153.6 % in Oct 1996 and a record low of 1.0 % in Aug 2019
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Central Bank of the Republic of Turkey provides Domestic Credit in local currency.
Further information about Turkey Domestic Credit Growth
- In the latest reports, Turkey Domestic Credit reached 570.6 USD bn in Nov 2024
- Money Supply M2 in Turkey increased to 491.2 USD bn YoY in Nov 2024
- Turkey Foreign Exchange Reserves was measured at 85.4 USD bn in Nov 2024
- The Foreign Exchange Reserves equaled 2.9 Months of Import in Nov 2024
- The country's Non Performing Loans Ratio stood at 1.8 % in Nov 2024, compared with the ratio of 1.8 % in the previous month
- Household Debt of Turkey reached 10.3 % in Jun 2024, accounting for 10.3 % of the country's Nominal GDP
View Turkey's Domestic Credit Growth from Jan 1987 to Nov 2024 in the chart:
What was Turkey's Domestic Credit Growth in Nov 2024?
Turkey Domestic Credit increased 37.5 % YoY in Nov 2024, compared with an increase of 37.4 % YoY in the previous month See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
37.5 Nov 2024 | 37.4 Oct 2024 | 1.0 Aug 2019 | 153.6 Oct 1996 | % | monthly | Jan 1987 - Nov 2024 |
Domestic Credit Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 8.5 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Algeria (%) | 14.3 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Argentina (%) | 150.1 Oct 2024 | monthly | Jan 1991 - Oct 2024 |
Armenia (%) | 20.7 Oct 2024 | monthly | Dec 1994 - Oct 2024 |
Australia (%) | -1.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Austria (%) | -1.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Azerbaijan (%) | -1.0 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Bahrain (%) | 6.4 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
Bangladesh (%) | 9.6 Oct 2024 | monthly | Jul 1988 - Oct 2024 |
Belarus (%) | 15.4 Nov 2024 | monthly | Dec 2007 - Nov 2024 |
Belgium (%) | 0.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
Bosnia and Herzegovina (%) | 10.4 Nov 2024 | monthly | Aug 1998 - Nov 2024 |
Botswana (%) | 27.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Brazil (%) | 8.7 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Brunei (%) | 20.6 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
Bulgaria (%) | 19.9 Nov 2024 | monthly | Dec 1994 - Nov 2024 |
Cambodia (%) | 2.1 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
Canada (%) | 3.5 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
Chile (%) | 4.5 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
China (%) | 9.0 Oct 2024 | monthly | Jun 2000 - Oct 2024 |
Colombia (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
Cyprus (%) | -1.9 Nov 2024 | monthly | Nov 2006 - Nov 2024 |
Czech Republic (%) | 6.3 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Denmark (%) | -4.9 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Ecuador (%) | 6.0 Nov 2024 | monthly | Jan 2007 - Nov 2024 |
Egypt (%) | 31.4 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
Estonia (%) | 3.6 Jul 2024 | monthly | Jun 1993 - Jul 2024 |
European Union (%) | -1.4 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
Finland (%) | -4.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
France (%) | 1.7 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Georgia (%) | 20.8 Nov 2024 | monthly | Oct 1996 - Nov 2024 |
Germany (%) | -8.0 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Ghana (%) | -3.5 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
Greece (%) | 3.5 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
Hong Kong SAR, China (%) | 3.0 Sep 2024 | monthly | Dec 1991 - Sep 2024 |
Hungary (%) | 8.3 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
Iceland (%) | 9.4 Oct 2024 | monthly | Sep 1994 - Oct 2024 |
India (%) | 10.9 Oct 2024 | monthly | Mar 2000 - Oct 2024 |
Indonesia (%) | 8.5 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
Ireland (%) | -2.9 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Israel (%) | 13.4 Oct 2024 | monthly | Dec 2000 - Oct 2024 |
Italy (%) | 1.8 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Ivory Coast (%) | 10.9 Aug 2024 | monthly | Jan 1965 - Aug 2024 |
Japan (%) | 1.4 Oct 2024 | monthly | Apr 2004 - Oct 2024 |
Jordan (%) | 3.0 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
Kazakhstan (%) | 20.6 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Kenya (%) | 2.3 Sep 2024 | monthly | Dec 1996 - Sep 2024 |
South Korea (%) | 5.3 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Kosovo (%) | 17.0 Oct 2024 | monthly | Nov 2008 - Oct 2024 |
Kuwait (%) | 2.4 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
Kyrgyzstan (%) | 35.1 Oct 2024 | monthly | Dec 2003 - Oct 2024 |
Laos (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
Latvia (%) | -1.6 Aug 2024 | monthly | Jul 2004 - Aug 2024 |
Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
Lithuania (%) | 4.2 Aug 2024 | monthly | Dec 1994 - Aug 2024 |
Luxembourg (%) | 2.9 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Macau SAR, China (%) | -3.1 Jul 2024 | monthly | Jun 1985 - Jul 2024 |
North Macedonia (%) | 5.6 Nov 2024 | monthly | Jan 2004 - Nov 2024 |
Malawi (%) | 56.3 Oct 2024 | monthly | Jan 1976 - Oct 2024 |
Malaysia (%) | 4.8 Nov 2024 | monthly | Jan 1988 - Nov 2024 |
Malta (%) | 7.1 Oct 2024 | monthly | Jan 2009 - Oct 2024 |
Mauritius (%) | 10.9 Nov 2024 | monthly | Jun 2006 - Nov 2024 |
Mexico (%) | 12.9 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Moldova (%) | 18.9 Nov 2024 | monthly | Jan 2001 - Nov 2024 |
Mongolia (%) | 22.5 Nov 2024 | monthly | Dec 1993 - Nov 2024 |
Montenegro (%) | 3.6 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Morocco (%) | 6.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Mozambique (%) | 12.5 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
Nepal (%) | 5.3 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Netherlands (%) | -4.7 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
New Zealand (%) | 1.8 Nov 2024 | monthly | Mar 1989 - Nov 2024 |
Nigeria (%) | 35.4 Nov 2024 | monthly | Nov 1993 - Nov 2024 |
Norway (%) | 3.3 Nov 2024 | monthly | Dec 1986 - Nov 2024 |
Oman (%) | 4.7 Sep 2024 | monthly | Dec 2000 - Sep 2024 |
Pakistan (%) | 16.2 Nov 2024 | monthly | Jun 2009 - Nov 2024 |
Palestinian Territory (%) | 2.4 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
Panama (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Paraguay (%) | 16.7 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Peru (%) | 17.5 Jul 2024 | monthly | Jan 1993 - Jul 2024 |
Philippines (%) | 9.8 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Poland (%) | 5.3 Nov 2024 | monthly | Dec 1997 - Nov 2024 |
Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
Qatar (%) | 4.8 Nov 2024 | monthly | Jan 2008 - Nov 2024 |
Romania (%) | 13.8 Oct 2024 | monthly | Dec 2005 - Oct 2024 |
Russia (%) | 20.9 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
Serbia (%) | 7.0 Nov 2024 | monthly | Dec 2004 - Nov 2024 |
Singapore (%) | 5.5 Nov 2024 | monthly | Mar 2005 - Nov 2024 |
Slovakia (%) | 2.4 Aug 2024 | monthly | Jan 2007 - Aug 2024 |
Slovenia (%) | 3.5 Aug 2024 | monthly | Jan 2005 - Aug 2024 |
South Africa (%) | 6.8 Oct 2024 | monthly | Mar 1966 - Oct 2024 |
Spain (%) | -1.6 Aug 2024 | monthly | Jan 2000 - Aug 2024 |
Sri Lanka (%) | 3.9 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Sweden (%) | -6.8 Aug 2024 | monthly | Dec 2002 - Aug 2024 |
Switzerland (%) | 2.1 Nov 2024 | monthly | Dec 1988 - Nov 2024 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doTurkey Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -5.0 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -971.800 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Tax Revenue (USD mn) | 23,824.103 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Tax Revenue: % of GDP (%) | 16.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
National Government Debt (USD mn) | 254,513.1 2022 | yearly | 2001 - 2022 |
Government Debt: % of GDP (%) | 25.6 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
Forecast: Government Expenditure (TRY bn) | 40,421.476 2029 | yearly | 2000 - 2029 |
Forecast: Government Net Debt (TRY bn) | 32,432.832 2029 | yearly | 2000 - 2029 |
Forecast: Government Revenue (TRY bn) | 36,604.966 2029 | yearly | 2000 - 2029 |
General Budget: Revenue (TRY mn) | 932,770.130 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
General Budget: Expenditure (TRY mn) | 994,990.060 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
General Budget: Cash Balance (TRY mn) | -62,219.930 Nov 2024 | monthly | Jan 2005 - Nov 2024 |
General Budget: ytd: Expenditure (EX) (TRY th) | 8,939,364,029.950 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: Revenue (TRY th) | 7,618,404,307.406 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: Balance (TRY th) | -1,320,959,722.545 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: EX: Primary: Current Transfers (CT) (TRY th) | 3,783,551,890.205 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: Revenue: Tax (TRY th) | 6,597,108,972.372 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: Revenue: Tax: Direct (TRY th) | 2,290,824,265.626 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
General Budget: ytd: EX: Primary: Capital Expenditure (TRY th) | 442,126,776.060 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
Central Government Debt: External (TRY mn) | 538,505.357 Mar 2019 | monthly | Jan 2002 - Mar 2019 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 7.230 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -8,483.7 Apr 2023 | monthly | Jan 2013 - Apr 2023 |
Total Exports (USD mn) | 14,265.9 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
Total Exports Growth (%) | 0.9 May 2023 | monthly | Jan 2014 - May 2023 |
Aluminum: Exports (USD th) | 3,832,265.952 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,443,044.753 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 806,223.291 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 17,684.5 Dec 2019 | monthly | Jan 1997 - Dec 2019 |
Total Imports Growth (%) | 6.5 May 2023 | monthly | Jan 2014 - May 2023 |
Imports: Medicament (USD th) | 2,460,947.731 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 2,964,157.172 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 1,562.076 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
Total Imports from USA (USD mn) | 1,278.154 Oct 2024 | monthly | Apr 1964 - Oct 2024 |
Total Exports to China (USD mn) | 316.768 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
Total Imports from China (USD mn) | 3,627.985 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
Trade Balance: USD (USD mn) | -2,136.727 Mar 2019 | monthly | Jan 1969 - Mar 2019 |
Natural Gas: Annual: Production (Cub m mn) | 851.970 2023 | yearly | 1976 - 2023 |
Export Value Index (2015=100) | 149.169 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 127.060 2021 | yearly | 1980 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.8 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Household Debt: % of GDP (%) | 10.3 Jun 2024 | quarterly | Dec 2014 - Jun 2024 |
Non-Performing Loans (USD mn) | 8,271.936 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Money Supply M1 (USD mn) | 175,326.921 Nov 2024 | monthly | Dec 1963 - Nov 2024 |
Money Supply M2 (USD mn) | 491,213.217 Nov 2024 | monthly | Dec 1976 - Nov 2024 |
M2 Growth (%) | 30.2 Nov 2024 | monthly | Dec 1977 - Nov 2024 |
Reserve Requirement Ratio (%) | 8.0 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 85,416.0 Nov 2024 | monthly | Apr 2000 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 6.497 Sep 2024 | quarterly | Jun 2000 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.9 Nov 2024 | monthly | Apr 2000 - Nov 2024 |
Gold Reserves (USD mn) | 67,375.000 Oct 2024 | monthly | Dec 1956 - Oct 2024 |
Total Deposits (USD mn) | 525,236.009 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Total Deposits Growth (%) | 28.6 Nov 2024 | monthly | Dec 2003 - Nov 2024 |
Domestic Credit (USD mn) | 570,561.5 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
Domestic Credit Growth (%) | 37.5 Nov 2024 | monthly | Jan 1987 - Nov 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 35.400 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Credit to Households (USD bn) | 104.846 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 556.651 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
Household Debt (USD mn) | 103,991.9 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
Total Loans (USD mn) | 367,301.734 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
Total Loans Growth (%) | 37.74 Nov 2024 | monthly | Jan 1987 - Nov 2024 |
Private Debt: % of Nominal GDP (%) | 29.57 Sep 2024 | quarterly | Dec 1998 - Sep 2024 |
Money Supply: M3 (TRY th) | 18,864,400,909.000 Nov 2024 | monthly | Dec 2005 - Nov 2024 |
Consumer Loans: BS: Loan: Housing (TRY mn) | 496,122.301 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Consumer Loans: BS: Non Performing (TRY mn) | 51,944.967 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Consumer Loans: Banking Sector (BS): Loan (TRY mn) | 1,945,198.159 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
Asset Quality: Banking Sector: NPL to Total Loan (%) | 1.802 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -0.7 Dec 2024 | monthly | Jan 2008 - Dec 2024 |
Composite Leading Indicator Index: Trend Restored (NA) | 396.330 Nov 2024 | monthly | Dec 1987 - Nov 2024 |
Real Sector Confidence Index: CANE 2: Seasonally Adjusted (sa) (Point) | 102.700 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
Services Sector Confidence Index (SCI): Seasonally Adjusted (sa) (Point) | 113.603 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
Construction Confidence Index (CCI): Seasonally Adjusted (sa) (Point) | 89.440 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
Retail Trade Confidence Index (RCI): Seasonally Adjusted (sa) (Point) | 113.017 Dec 2024 | monthly | Jan 2011 - Dec 2024 |
More Indicators for Turkey
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