Türkiye Interest Rate
Jul 2026 · Monthly
Türkiye's policy interest rate held at 37% in August 2026, unchanged from July 2026. The rate has remained at this level for eight consecutive months since January 2026, following a decline from 43% in August 2025. The current rate is 20 percentage points below the all-time high of 57% recorded in February 2002, and 32.5 percentage points above the all-time low of 4.5% set in December 2013, according to the Bank for International Settlements.
source: Bank for International Settlements
Türkiye's policy interest rate held steady at 37% in July 2026, unchanged from the previous month. The rate remains well below the all-time high of 57% recorded in February 2002 and above the record low of 4.5% from December 2013. The series dates back to February 2002.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 37.0% | 37.0% | 57.0%Feb 2002 | 4.5%Dec 2013 | 2002 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Exchange Rate | 47.77 per USD | 46.98 per USD | 47.77 per USD | 0.00 per USD | Aug 2026 | Monthly |
| Inflation Rate | 32.1% | 32.6% | 125.9% | -3.0% | Jun 2026 | Monthly |
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About this series
Interest Rate in Türkiye averaged 17.9% from 2002 until 2026, reaching an all-time high of 57.0% in Feb 2002 and a record low of 4.5% in Dec 2013. The series is reported monthly with history from 2002.
The policy interest rate is the benchmark rate set by the central bank to influence monetary conditions. It is expressed as an annual percentage and reported on a monthly basis. The series spans from February 2002 to the present.
Source & methodology
Bank for International Settlements · BIS central bank policy rates
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