Central Bank RatesTürkiye policy rate in 2025 (7 changes)
Start of year47.50%
End of year38.00%Dec 31, 2025
Net change-950 bp1 hikes, 6 cuts
Average43.183%
Rank by level1 / 38
Changes in 2025
| Date | From | To | Change |
|---|---|---|---|
| Jan 24, 2025 | 47.50% | 45.00% | cut -250 bp |
| Mar 7, 2025 | 45.00% | 42.50% | cut -250 bp |
| Apr 18, 2025 | 42.50% | 46.00% | hike +350 bp |
| Jul 25, 2025 | 46.00% | 43.00% | cut -300 bp |
| Sep 12, 2025 | 43.00% | 40.50% | cut -250 bp |
| Oct 24, 2025 | 40.50% | 39.50% | cut -100 bp |
| Dec 12, 2025 | 39.50% | 38.00% | cut -150 bp |
Compared with other areas at the end of 2025
38%
16%
15%
9.25%
7.25%
7%
6.75%
6.5%
6.5%
5.75%
5.25%
4.75%
4.5%
4.5%
4.25%
4.25%
4.25%
4%
4%
4%
4%
3.75%
3.625%
3.6%
3.5%
3.5%
3%
2.75%
2.5%
2.25%
2.25%
2.25%
2%
1.75%
1.6%
1.25%
0.75%
0%
Year-end rate over time
37%
38%
47.5%
42.5%
9%
14%
17%
12%
24%
8%
8%
7.5%
8.25%
4.5%
5.5%
5.75%
6.5%
6.5%
15%
15.75%
17.5%
13.5%
18%
26%
44%
2025: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.