Deposit Interest Rate in Turkey averaged 38.95 percent from 1990 until 2021, reaching an all time high of 398.10 percent in April of 1994 and a record low of 1.50 percent in December of 2010. This page includes a chart with historical data for Deposit Interest Rate in Turkey. Turkey Overnight Borrowing Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Deposit Interest Rate in Turkey is expected to be 17.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Deposit Interest Rate in Turkey to stand at 16.50 in 12 months time. In the long-term, the Turkey Overnight Borrowing Rate is projected to trend around 13.50 percent in 2022, according to our econometric models.