Key Indicators

Disinflation

Year-End Inflation

44.4 %

(December 2024)

-20.4 % points

Reserves

Net Reserves Excluding Swaps

USD 45.2 billion

(December 31, 2024)

+USD 82.5 billion

Turkish Lira Deposit Share

59.2 %

(December 31, 2024)

17 % points

KKM Balance

USD 32.6 billion

(December 31, 2024)

-USD 66.4 billion

Balance of Payments

Current Account Deficit

(12-month cumulative)

USD 10 billion

(December 2024)

-USD 30 billion

Access to External Financing

CDS

263

(December 31, 2024)

-440 points


Treasury’s
External Borrowing
Cost

-4.5 % points


Banking Sector’s
External Borrowing
Cost

-2.6 % points

Sectoral Expectations

Sectoral Inflation Expectations

(12-Month Ahead, %)

Market Participants

27.1 %

(December 2024)

-14.16 % points


Real Sector

47.6 %

(December 2024)

-10.3 % points


Household

63.1 %

(December 2024)

-13.63 % points

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