Turkey - Broad money (% of GDP)

Broad money (% of GDP) in Turkey was 67.50 as of 2020. Its highest value over the past 60 years was 67.50 in 2020, while its lowest value was 14.59 in 1963.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 14.70
1961 15.27
1962 14.94
1963 14.59
1964 15.93
1965 17.69
1966 18.47
1967 19.25
1968 19.83
1969 20.86
1970 22.67
1971 23.54
1972 24.89
1973 25.38
1974 23.42
1975 23.06
1976 22.28
1977 23.24
1978 21.18
1979 19.51
1980 18.03
1981 22.49
1982 25.60
1983 25.05
1984 25.13
1985 24.45
1986 27.90
1987 29.24
1988 27.91
1989 26.82
1990 23.74
1991 27.09
1992 27.81
1993 25.20
1994 31.60
1995 32.16
1996 36.59
1997 37.08
1998 28.13
1999 38.07
2000 33.53
2001 44.27
2002 38.66
2003 33.93
2004 33.20
2005 38.68
2006 40.40
2007 41.73
2008 46.11
2009 51.76
2010 52.88
2011 50.64
2012 49.67
2013 52.19
2014 51.49
2015 52.44
2016 55.22
2017 53.85
2018 53.15
2019 58.77
2020 67.50

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)