Turkey Interest Rate — 2026 Central Bank Data & Outlook
Turkey's central bank interest rate was 37.00% in August 2026, little changed from 37.00% the previous month. A year earlier it stood at 43.00%.
Turkey's central bank interest rate stands at 37.00% as of August 2026. The central bank interest rate currently sits at 37.00% (little changed from 37.00% in the prior month). Across the tracked window it has ranged between 8.50% and 50.00%, and is 6.00% lower than a year ago.
The trend
Among the 168 economies tracked on this platform, Turkey ranks #5 on central bank interest rate by latest value. It was little changed from 37.00% in the previous month, and compares with a year-earlier 43.00%.
What's driving it
The policy rate is set to balance inflation against growth and employment; it rises to restrain demand and falls to support it.
Recent readings
| Period | Central bank interest rate |
|---|---|
| Aug 2026 | 37.00% |
| Jul 2026 | 37.00% |
| Jun 2026 | 37.00% |
| May 2026 | 37.00% |
| Apr 2026 | 37.00% |
| Mar 2026 | 37.00% |
| Feb 2026 | 37.00% |
| Jan 2026 | 37.00% |
Data: Source: Bank for International Settlements — central bank policy rates. Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the Central Bank Interest Rate in Turkey (2026)?
Turkey's central bank interest rate was 37.00% in August 2026, little changed from 37.00% the previous month. A year earlier it stood at 43.00%.
Is the central bank interest rate rising or falling in Turkey?
It was little changed in the latest reading — 37.00% in August 2026 versus 37.00% a month earlier. Year on year it is lower.
What is central bank interest rate?
It measures the benchmark policy rate set by the central bank, which steers borrowing costs across the economy.