Financial soundness indicators in Turkey

Turkey: Financial soundness indicators was 2.8% in 2024. ▬ Flat

Latest (2024)
2.8%
Change on year
down 28.2%
World rank
42nd
of 150 countries
All-time high
4.9%
in 2022
All-time low
1.4%
in 2020
Years of data
20
2005–2024

Financial soundness indicators in Turkey, 2005–2024

123452005201420242005: 2.3 %2006: 3.2 %2007: 3.4 %2008: 2.5 %2009: 3.2 %2010: 3 %2011: 2.2 %2012: 2.4 %2013: 2 %2014: 1.7 %2015: 1.6 %2016: 1.9 %2017: 2 %2018: 1.8 %2019: 1.4 %2020: 1.4 %2021: 1.7 %2022: 4.9 %2023: 3.9 %2024: 2.8 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

The most recent figure for financial soundness indicators in Turkey is 2.8%, measured in 2024.

Compared with earlier readings it is down 28.2% on the previous year and up 64.5% over ten years.

Over the whole period, financial soundness indicators in Turkey peaked at 4.9% in 2022 and was at its lowest, 1.4%, in 2020.

Turkey ranks 42nd of 150 countries on this measure, in the middle of the range.

Financial soundness indicators in Turkey, year by year

Annual values for Financial soundness indicators in Turkey, 2005 to 2024.
Year % Change
2005 2.3%
2006 3.2% +39.3%
2007 3.4% +6.6%
2008 2.5% -25.6%
2009 3.2% +28.1%
2010 3.0% -7.4%
2011 2.2% -25.3%
2012 2.4% +5.4%
2013 2.0% -14.4%
2014 1.7% -16.3%
2015 1.6% -4.1%
2016 1.9% +16.7%
2017 2.0% +7.9%
2018 1.8% -11.8%
2019 1.4% -20.0%
2020 1.4% -2.1%
2021 1.7% +17.7%
2022 4.9% +195.2%
2023 3.9% -21.0%
2024 2.8% -28.2%

Turkey compared with similar countries

  • Turkey's 2.8% is above the median for upper middle income countries, which is 2.5%, 1.1× the median. (47 countries reporting)
  • Turkey's 2.8% is above the median for Europe & Central Asia, which is 1.8%, 1.5× the median. (47 countries reporting)

Biggest year-on-year movements

Years where Financial soundness indicators in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 +195.2% 1.7% 4.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.9% 2.3% 3.4% 5
2010s 2.0% 1.4% 3.0% 10
2020s 2.9% 1.4% 4.9% 5

Countries ranked near Turkey

  1. 39 Ethiopia 2.9% compare
  2. 40 Moldova 2.8% compare
  3. 41 Russia 2.8% compare
  4. 43 Mexico 2.8% compare
  5. 44 Montenegro 2.7% compare
  6. 45 Indonesia 2.7% compare

See the full ranking of 150 places →

More reference data data for Turkey

All data for Turkey →

Frequently asked questions

What is financial soundness indicators in Turkey?
Financial soundness indicators in Turkey was 2.8% in 2024, according to International Monetary Fund – processed by Our World in Data.
What is the highest financial soundness indicators recorded in Turkey?
The highest recorded value was 4.9% in 2022.
What is the lowest financial soundness indicators recorded in Turkey?
The lowest recorded value was 1.4% in 2020.
How does Turkey rank for financial soundness indicators?
Turkey ranks 42nd out of 150 countries with data for 2024.
Is financial soundness indicators rising or falling in Turkey?
Over the last ten years it is up 64.5%. The long-run trend across the full record is flat.
Where does this Turkey data come from?
The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.

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Financial soundness indicators in Turkey. Statizoid, drawing on International Monetary Fund – processed by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/regulation-financial-markets/turkiye/

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About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
150 places, 2,289 data points, 2001–2025
Last refreshed

Return on assets (%).