Türkiye M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Türkiye's m2 money supply growth was 93.58% in 2025, ranked 4th globally. This represents a 33.8% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Türkiye's m2 money supply growth stood at 93.58% in 2025, a rise of +23.64pp from 2023. Based on recent trends, this figure is projected to reach 93.58% by 2025. Türkiye ranked 4th globally.
Turkey’s M2 money‑supply growth has surged to 93.58 % in 2025, ranking fourth worldwide, a stark contrast to the modest 9.69 % recorded in the series’ first observation in 1961. The rapid expansion reflects a long‑term acceleration that peaked at 144.80 % in 1994, the highest level in the 64‑year span, before retreating to a trough of 9.29 % in 1962. Compared with peers, Turkey’s growth outpaces Kyrgyz Republic’s 46.60 % and Malawi’s 52.06 % but remains below Argentina’s 163.63 % and South Sudan’s 101.56 %. The persistent upward trajectory suggests that unless monetary policy tightens or inflation expectations moderate, the high growth rate is likely to continue, keeping Turkey among the world’s most rapidly expanding money‑supply economies.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 104.77% | - | - |
| 2025* trend | 93.58% | - | - |
| 2025 | 93.58% | +23.64pp | #4 |
| 2023 | 69.94% | +9.60pp | #119 |
| 2022 | 60.34% | +7.82pp | #127 |
| 2021 | 52.52% | +18.28pp | #136 |
| 2020 | 34.24% | +7.22pp | #137 |
| 2019 | 27.02% | +8.64pp | #146 |
| 2018 | 18.38% | +2.03pp | #138 |
| 2017 | 16.35% | −1.30pp | #124 |
| 2016 | 17.65% | +1.13pp | #130 |
| 2015 | 16.51% | +5.33pp | #123 |
| 2014 | 11.18% | −9.97pp | #95 |
| 2013 | 21.15% | +10.73pp | #139 |
| 2012 | 10.42% | −4.78pp | #81 |
| 2011 | 15.20% | −3.34pp | #104 |
| 2010 | 18.55% | +5.89pp | #109 |
Detected Pattern
Analysis
Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Türkiye's m2 money supply growth was 93.58% in 2025. Ranked 4th globally. This represents a 33.8% increase from the previous year.
Türkiye's m2 money supply growth peaked at 144.80% in 1994.
The lowest m2 money supply growth in Türkiye was 9.29% in 1962.
Türkiye ranks 4th globally in m2 money supply growth as of 2025.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
Türkiye's m2 money supply growth is projected to reach 93.58% by 2025 based on trend extrapolation.
The m2 money supply growth of Türkiye in 2025 was 93.58%. This ranks 4th in the world.
Cite this page
@misc{historysaid_turkiye_m2-growth,
title = {Türkiye M2 Money Supply Growth},
url = {https://historysaid.com/turkiye/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}