Financial soundness indicators in Turkey

Turkey: Financial soundness indicators was 3.9% in 2023. ▼ Falling

Latest (2023)
3.9%
Change on year
down 21.0%
World rank
18th
of 146 countries
All-time high
4.9%
in 2022
All-time low
1.4%
in 2020
Years of data
19
2005–2023

Financial soundness indicators in Turkey, 2005–2023

123452005201420232005: 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 %

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

Analysis

The most recent figure for financial soundness indicators in Turkey is 3.9%, measured in 2023.

Compared with earlier readings it is down 21.0% on the previous year and up 91.6% 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 18th of 146 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.9% 2.3% 3.4% 5
2010s 2.0% 1.4% 3.0% 10
2020s 3.0% 1.4% 4.9% 4

Countries ranked near Turkey

  1. 15 Uganda 4.1% compare
  2. 16 Papua New Guinea 4.0% compare
  3. 17 Guinea 4.0% compare
  4. 19 Democratic Republic of Congo 3.5% compare
  5. 20 Tanzania 3.5% compare
  6. 21 Tonga 3.4% compare

See the full ranking of 146 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 3.9% in 2023, 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 18th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Turkey?
Over the last ten years it is up 91.6%. The long-run trend across the full record is falling.
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.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).

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
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)