Inflation Rate in Turkey decreased to 32.87 percent in October from 33.29 percent in September of 2025. This dataset provides the latest reported value for - Turkey Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View monthly updates and historical trends for Turkey Inflation Rate. Source: Eurostat. Track economic data with YCharts analytics.

The USD/TRY exchange rate rose to 42.4368 on December 2, 2025, up 0.12% from the previous session. Over the past month, the Turkish Lira has weakened 0.91%, and is down by 22.27% over the last 12 months. Turkish Lira - values, historical data, forecasts and news - updated on December of 2025.

The statistic shows the average inflation rate in Turkey from 1987 to 2024, with projections up until 2030. In 2024, the average inflation rate in Turkey was at around 58.51 percent compared to the previous year. Turkey’s economy With a continuously growing gross domestic product /GDP and thus a rising share in the global GDP adjusted for Purchasing Power Parity, Turkey’s economy is one of the largest worldwide. By 2030, Turkey is estimated to be one of the countries with the highest gross domestic product worldwide. Import of goods figures and export figures are rising as well, however, the trade balance of Turkey has been in the negative range for several years now with a downwards trend which indicates a serious trade deficit – or in other words: an imbalance between export and import costs; the value of goods Turkey imports is a lot higher than the value of exported goods. Main export partners of Turkey for textiles, automotive goods, iron and steel, among other goods, are mostly European countries, with Germany leading the ranking, followed by Iraq, Great Britain, Italy and France. The most important economic sector for Turkey is the services sector, especially the tourism sector, which has experienced a significant boost over the last decade. Thus, Turkey is now among the most popular destinations for visitors of all nations. A look at gross domestic product /GDP growth in Turkey shows that the country suffered a brief setback during the economic crisis of 2008, but swiftly recovered and was back in the black by 2010. Turkey’s employment figures hardly suffered at all, they too recovered quickly and are now back to pre-crisis levels.

In November 2024, the inflation rate in Turkey corresponded to **** percent. The monthly inflation rate in Turkey reached ***** percent in October 2022, the highest inflation rate recorded during the provided time interval. In June 2023, the year-on-year change in the Consumer Price Index (CPI) was recorded at ***** percent, the lowest since January 2022. Since the second half of 2019, Turkey’s inflation rate has consistently been in double digits, with inflation accelerating at the fastest rate in 2022. High production costs In Turkey, domestic producer price indices have been continuously rising, which has directly resulted in a price increase in all consumer goods and services. Accordingly, the Consumer Price Index (CPI) in all commodity groups increased extremely since 2022. In the same year, the food and non-alcoholic beverages category had one of the highest inflation rates in the CPI. This particularly affected Turkish consumers, as these products accounted for the highest share of household expenditure in 2023. Soaring food prices Since 2020, food prices have increased significantly around the world, and Turkey is no exception. Although inflation has started to slow down recently, food prices in Turkey continue to go up steadily, increasing by **** percent in November 2024 compared to the same month in the previous year. It is not surprising that food inflation has not simmered down, as the producer price index (PPI) of agricultural products followed a constant increasing trend in the country over the past few years.

Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Turkey (CCUSMA02TRM618N) from Jan 1957 to Oct 2025 about Turkey, exchange rate, currency, and rate.

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🇹🇷 USD/TRY + the Central Bank of the Republic of Turkey Economic Indicators Dataset

📌 Overview

This dataset brings together key economic indicators published by The Central Bank of the Republic of Turkey (TCMB) via the EVDS API, including:

• The official USD/TRY exchange rate
• Central Bank’s open market operations data (repo rates, funding)
• Inflation expectations and actual CPI index
• FX swap amounts
• TRY interest rates
• Transaction volumes and market sentiment indicators
• Stock market index (BIST100)

All indicators are structured in a time series format, ideal for: - Macroeconomic research - Forecasting exchange rates - Monetary policy analysis - Financial market sentiment modeling

Data was then cleaned, translated into English, and exported as CSV using pandas.

📁 Column Descriptions

Column	Description
Date	The calendar date for which the exchange rate was recorded. Each row corresponds to one trading day (or business day).
Conversion_Rate	The official USD→TRY exchange rate, expressed as “Turkish Lira per one U.S. Dollar.”
Repo_1Day_Weighted_Average_Rate	Weighted average 1-day repo rate (% annualized) for transactions via the Central Bank. Indicates short-term monetary policy stance.
Net_Funding_Million_TRY	Net liquidity provided/absorbed by the Central Bank through alternative funding tools. Positive = liquidity injection.
Transaction_Volume	Total daily FX transaction volume through the banking system (in TRY terms). Useful as a market activity indicator.
FX_Swap_Deposit_Amount	The volume of foreign currency swap deposits (TRY equivalent) placed with the CBRT. High values = more FX liquidity absorbed.
BIST100_Index	Daily closing value of the BIST100 stock index, representing Turkey’s top 100 listed companies.
Year_Week	Week label in the format YYYY-WW (e.g., 2025-4 means the 4th week of 2025).
TRY_Interest_Rate_6Month	Weekly average TRY money market interest rate for 6-month maturity (%). Reflects borrowing cost in mid-term.
Inflation_Expectation_12M	Households’ expected annual inflation rate 12 months ahead, based on surveys conducted by TCMB.
CPI_Index	General Consumer Price Index (TÜFE) showing inflation in Turkey, base year normalized (e.g., 2003=100).

📊 Example Use Cases

✅ Time-series forecasting using exchange rate and macro indicators
✅ Relationship modeling: inflation vs. interest rates vs. FX
✅ Macro financial dashboards
✅ Market reaction analysis post-policy announcements
✅ Econometric & deep learning models for policy simulation

The benchmark interest rate in Turkey was last recorded at 39.50 percent. This dataset provides the latest reported value for - Turkey Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As 2022 progressed, less Turkish lira could be bought with U.S. dollars than in previous years, decreasing by nearly five liras. By November 4, 2025, one U.S. dollar was worth approximately 42.07. The average (standardized) measure is based on the calculation of many observations throughout the period in question. It is therefore different from an annual measure at a point, which reflects concrete values as of the end of the year.

Key information about Turkey Real Effective Exchange Rate

• Turkey Real Effective Exchange Rate (REER: 2005=100: Month Avg: Turkey) was 63.8 in Oct 2025, compared with the number of 62.8 in the previous month.
• Turkey Real Effective Exchange Rate data is updated monthly and averaged 113.3 from Jan 1994 to Oct 2025.
• The data reached an all-time high of 113.3 in Dec 2007 and a record low of 44.6 in Dec 2021.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Central Bank of the Republic of Turkey provides Real Effective Exchange Rate with base 2003=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.