Türkiye Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Türkiye's domestic credit was 44.59% in 2025, ranked 36th globally. This represents a 23.1% decrease from 2024. Data from World Bank, covering 2008–2025.
Overview
Türkiye's domestic credit stood at 44.59% in 2025, a decline of +13.40% from 2024. Based on recent trends, this figure is projected to reach 44.59% by 2025. Türkiye ranked 36th globally.
Turkey’s domestic credit to the private sector has fallen sharply from an all‑time peak of 98.39 in 2020 to a trough of 44.59 in 2025, placing the country 36th globally with the lowest level recorded over the 18‑year series. The decline of more than 50 percentage points reflects tighter financing conditions, higher policy rates and a slowdown in private investment after the pandemic‑induced boom. By contrast, Indonesia’s credit ratio of 48.58 remains slightly higher, while Guatemala sits at 42.80, underscoring Turkey’s position near the lower end of the regional distribution. The early‑stage contraction coincides with a broader credit squeeze across emerging markets, yet the steepness of Turkey’s drop exceeds that of peers such as Bosnia and Herzegovina (49.00) and Kazakhstan (41.32). If monetary policy eases and macro‑financial stability improves, the downward trajectory could reverse, allowing domestic credit to regain momentum and narrow the gap with comparable economies.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 22.75% | - | - |
| 2026* trend | 33.67% | - | - |
| 2025* trend | 44.59% | - | - |
| 2025 | 44.59% | −13.40% | #36 |
| 2024 | 57.99% | −6.69% | #18 |
| 2023 | 64.68% | −7.90% | #27 |
| 2022 | 72.58% | −20.48% | #31 |
| 2021 | 93.07% | −5.33% | #36 |
| 2020 | 98.39% | +17.17% | #38 |
| 2019 | 81.23% | −0.01% | #39 |
| 2018 | 81.23% | +1.40% | #36 |
| 2017 | 79.84% | −0.11% | #37 |
| 2016 | 79.95% | +2.91% | #38 |
| 2015 | 77.03% | +2.37% | #35 |
| 2014 | 74.67% | +2.64% | #30 |
| 2013 | 72.03% | +5.74% | #30 |
| 2012 | 66.28% | +0.55% | #28 |
| 2011 | 65.73% | −1.39% | #28 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's domestic credit was 44.59% in 2025. Ranked 36th globally. This represents a 23.1% decrease from the previous year.
Türkiye's domestic credit peaked at 98.39% in 2020.
The lowest domestic credit in Türkiye was 44.59% in 2025.
Türkiye ranks 36th globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Türkiye's domestic credit is projected to reach 44.59% by 2025 based on trend extrapolation.
The domestic credit of Türkiye in 2025 was 44.59%. This ranks 36th in the world.
Cite this page
@misc{historysaid_turkiye_domestic-credit,
title = {Türkiye Domestic Credit},
url = {https://historysaid.com/turkiye/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}