Prices & public finance · Europe & Central Asia · Upper-middle income
Türkiye: prices, money and public finance
Inflation is 34.9% (2025), 6th of 180 in the world and 1st of 49 in Europe & Central Asia. GDP deflator is 36.4% (2025), 7th of 209 in the world and 1st of 56 in Europe & Central Asia. Exchange rate is 39.45 (2025), 83rd of 210 in the world and 12th of 57 in Europe & Central Asia.
Inflation
TürkiyeEurope & Central AsiaUpper-middle incomeWorld
GDP deflator
TürkiyeEurope & Central AsiaUpper-middle incomeWorld
12 indicators
Prices & public finance: Türkiye in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 34.9%2025 | 6/180 | 1/49 | 54.9% | 8.6% | 12.3% | +27.2 ppsince 2015 | 3.7% | 3.3% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 36.4%2025 | 7/209 | 1/56 | 49.4% | 6.9% | 14.7% | +28.5 ppsince 2015 | 3.6% | 3.3% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 39.452025 | 83/210 | 12/57 | 0.63 | 1.50 | 7.01 | +1,351%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 17.6%2024 | 65/142 | 35/48 | 14.7%1998 | 18.8% | 17.5% | −0.3 ppsince 2014 | 19.7% | 10.4% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 31.5%2024 | 41/142 | 30/48 | 17.2%1998 | 31.4% | 29.5% | +1.1 ppsince 2014 | 34.7% | 18.5% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 33.0%2023 | 47/142 | 32/47 | 21.8%1998 | 32.6% | 33.5% | +4.0 ppsince 2013 | 38.9% | — | 28.5% | |
| Government debtCentral government debt, % of GDP | 25.5%2024 | 66/78 | 15/19 | 30.3%1998 | 45.2% | 41.0% | −5.6 ppsince 2014 | — | — | — | |
| External debtExternal debt stocks, % of GNI | 39.4%2024 | 67/119 | 15/20 | 43.2% | 41.1% | 60.3% | −5.1 ppsince 2014 | — | 21.3% | — | |
| Private creditDomestic credit to private sector, % of GDP | 45.8%2025 | 78/169 | 30/48 | · | 44.0% | 75.3% | −20.6 ppsince 2015 | 82.1% | 139.0% | 140.3% | |
| Broad moneyBroad money, % of GDP | 42.4%2025 | 103/146 | 22/28 | 33.5% | 52.5% | 66.3% | −10.0 ppsince 2015 | — | 167.9% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 5.12025 | 69/165 | 17/49 | 4.2 | 5.0 | 4.6 | −6.2%since 2015 | 6.3 | 9.9 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 1.91%2025 | 69/156 | 30/47 | 3.64% | 2.26% | 2.16% | +0.1 ppsince 2015 | 2.83% | 1.87% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Government debt−5.6 pp25.5% in 2024
- External debt−5.1 pp39.4% in 2024
Worse than ten years ago
- Inflation+27.2 pp34.9% in 2025
- Reserves, months of imports−6.2%5.1 in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Türkiye and its neighbours
Countries sharing a land border with Türkiye. Latest values since 2005; the highest in each row is marked.
| Indicator | Türkiye | Iran | Iraq | Syria | Greece | Azerbaijan |
|---|---|---|---|---|---|---|
| Inflation | 34.9%2025 | 42.2%2025 | 0.3%2025 | 13.4%2019 | 2.5%2025 | 5.6%2025 |
| GDP deflator | 36.4%2025 | 28.8%2025 | -7.0%2025 | 107.4%2022 | 2.8%2025 | 0.6%2025 |
| Exchange rate | 39.452025 | 42,000.002023 | 1,300.002025 | 2,505.752022 | 0.882025 | 1.702025 |
| Tax revenue | 17.6%2024 | 7.4%2009 | 1.3%2019 | — | 27.4%2024 | 17.3%2024 |
| Government revenue | 31.5%2024 | 25.4%2009 | 38.6%2019 | — | 44.8%2024 | 38.9%2024 |
| Government expense | 33.0%2023 | 19.6%2009 | 27.6%2019 | — | 47.3%2023 | 23.0%2022 |
| Government debt | 25.5%2024 | — | 27.4%2018 | — | — | 6.4%2010 |
| External debt | 39.4%2024 | 2.2%2024 | 6.2%2024 | 25.3%2023 | — | 17.0%2024 |
| Private credit | 45.8%2025 | 57.8%2016 | 14.0%2024 | 20.7%2011 | 48.5%2024 | 24.9%2025 |