Turkiye—Deposit Interest Rate (%)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #1 of 113Updated April 2026
Latest Value
71.0%
2024
YoY Change
+38.4%
2023 → 2024
Global Rank
#1
of 113 countries
Maximum
74.7%
2001
Minimum
13.4%
2020
CAGR
+1.7%
25 years
Last
71.0%
Previous
51.3%
Highest
74.7%
Lowest
13.4%
Source
World Bank World Development Indicators
Turkiye's deposit interest rate (%) was 71.0% in 2024, ranking #1 out of 113 countries. This represents a +38.4% change from 2023. Over the past 25 years, the highest recorded value was 74.7% (2001) and the lowest was 13.4% (2020). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 71.0% | +38.4% |
| 2023 | 51.3% | +89.8% |
| 2022 | 27.0% | +30.6% |
| 2021 | 20.7% | +55.0% |
| 2020 | 13.4% | -47.4% |
| 2019 | 25.4% | +9.1% |
| 2018 | 23.3% | +52.3% |
| 2017 | 15.3% | +4.6% |
| 2016 | 14.6% | -2.1% |
| 2015 | 14.9% | -11.9% |
| 2014 | 16.9% | +10.7% |
| 2013 | 15.3% | -11.0% |
| 2012 | 17.2% | +21.9% |
| 2011 | 14.1% | -7.6% |
| 2010 | 15.3% | -13.5% |
| 2009 | 17.6% | -23.0% |
| 2008 | 22.9% | +1.6% |
| 2007 | 22.6% | +4.2% |
| 2006 | 21.6% | +6.1% |
| 2005 | 20.4% | -15.9% |
| 2004 | 24.3% | -35.6% |
| 2003 | 37.7% | -25.4% |
| 2002 | 50.5% | -32.4% |
| 2001 | 74.7% | +58.4% |
| 2000 | 47.2% |
Top Countries — Deposit Interest Rate (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Turkiye | 71.0% | 2024 |
| 2 | Zimbabwe | 62.8% | 2023 |
| 3 | Argentina | 54.2% | 2024 |
| 4 | Egypt, Arab Rep. | 19.2% | 2024 |
| 5 | Uzbekistan | 18.1% | 2024 |
| 6 | Madagascar | 13.0% | 2023 |
| 7 | Ghana | 11.4% | 2023 |
| 8 | Georgia | 10.6% | 2024 |
| 9 | Rwanda | 10.3% | 2024 |
| 10 | Colombia | 10.2% | 2024 |
About This Indicator
Definition
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.
Methodology
Data compiled by International Financial Statistics database, International Monetary Fund (IMF).