Turkey - Domestic credit to private sector

Domestic credit to private sector by banks (% of GDP)

Domestic credit to private sector by banks (% of GDP) in Turkey was 70.92 as of 2020. Its highest value over the past 60 years was 70.92 in 2020, while its lowest value was 12.73 in 1961.

Definition: Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 17.65
1961 12.73
1962 14.11
1963 14.06
1964 14.70
1965 16.21
1966 17.01
1967 17.67
1968 18.60
1969 20.10
1970 20.63
1971 18.88
1972 20.33
1973 20.95
1974 19.66
1975 21.38
1976 22.19
1977 21.95
1978 17.45
1979 14.69
1980 13.59
1981 16.65
1982 18.48
1983 20.76
1984 17.85
1985 17.43
1986 19.65
1987 20.58
1988 17.33
1989 16.64
1990 16.67
1991 17.17
1992 17.94
1993 18.12
1994 15.94
1995 18.49
1996 22.83
1997 26.30
1998 16.77
1999 16.20
2000 17.25
2001 14.91
2002 14.05
2003 14.01
2004 16.57
2005 21.22
2006 24.72
2007 28.02
2008 30.90
2009 34.53
2010 41.60
2011 46.16
2012 48.73
2013 56.72
2014 59.64
2015 62.60
2016 65.28
2017 65.94
2018 63.17
2019 61.83
2020 70.92

Domestic credit to private sector (% of GDP)

Domestic credit to private sector (% of GDP) in Turkey was 75.07 as of 2020. Its highest value over the past 12 years was 75.07 in 2020, while its lowest value was 33.38 in 2008.

Definition: Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2008 33.38
2009 37.08
2010 44.36
2011 49.06
2012 51.84
2013 60.25
2014 63.47
2015 66.48
2016 69.37
2017 70.33
2018 67.41
2019 65.39
2020 75.07

Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets