Deposit interest rate | Turkey – yearly data, chart and table

The Deposit interest average annual rate of Turkey in 2024 was 71.04%. The 2023 rate was  51.33%. It has been growing in this country for already 4 years in a row. The lowest deposit interest rate in Turkey was recorded in 1978, with a value of  6.00%. The highest rate was in 1994, when it achieved 87.79%. The deposit interest rate is the rate paid by banks or other financial institutions to individuals or businesses for keeping money in a deposit account (such as a savings account, fixed-term deposit, or certificate of deposit).