{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"tr-private-credit-financial-institutions-gdp","url":"https://apiardata.com/statistics/tr-private-credit-financial-institutions-gdp","html_url":"https://apiardata.com/statistics/tr-private-credit-financial-institutions-gdp/","title":"Turkey Private Credit by All Financial Institutions (% of GDP) (2020)","description":"Turkey's Private Credit by All Financial Institutions (% of GDP): 75.2 % of GDP in 2020, +9.7pp YoY. World Bank (GFDD.DI.14), 2008–2020.","domain":"markets","category":"Financial Markets","keywords":["Financial Markets","World Bank","Turkey","2020"],"publisher":"World Bank","frequency":"Annual","geography":"Turkey","temporal_coverage":"2008/2020","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2020","variable_measured":"Turkey Private Credit by All Financial Institutions (% of GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/GFDD.DI.14?locations=TR"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2008–2020"},{"label":"Observations","value":"13"},{"label":"Geography","value":"Turkey"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"Turkey (2020)","value":"75.2","unit":"% of GDP","trend":{"direction":"up","value":"+9.7pp YoY"}},{"label":"YoY Change","value":"+9.7pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"13","unit":"years of data"}],"series":[{"key":"value","label":"Turkey Private Credit by All Financial Institutions (% of GDP)"}],"observation_count":13,"observations":[{"period":"2008","value":33.3766},{"period":"2009","value":37.0802},{"period":"2010","value":44.3622},{"period":"2011","value":49.0564},{"period":"2012","value":51.8381},{"period":"2013","value":60.2529},{"period":"2014","value":63.4672},{"period":"2015","value":66.4779},{"period":"2016","value":69.3731},{"period":"2017","value":70.483},{"period":"2018","value":67.5442},{"period":"2019","value":65.5098},{"period":"2020","value":75.1766}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2020","value":"75.18","yoyChange":"+9.67pp"},{"year":"2019","value":"65.51","yoyChange":"-2.03pp"},{"year":"2018","value":"67.54","yoyChange":"-2.94pp"},{"year":"2017","value":"70.48","yoyChange":"+1.11pp"},{"year":"2016","value":"69.37","yoyChange":"+2.90pp"},{"year":"2015","value":"66.48","yoyChange":"+3.01pp"},{"year":"2014","value":"63.47","yoyChange":"+3.21pp"},{"year":"2013","value":"60.25","yoyChange":"+8.41pp"},{"year":"2012","value":"51.84","yoyChange":"+2.78pp"},{"year":"2011","value":"49.06","yoyChange":"+4.69pp"},{"year":"2010","value":"44.36","yoyChange":"+7.28pp"},{"year":"2009","value":"37.08","yoyChange":"+3.70pp"},{"year":"2008","value":"33.38","yoyChange":"n/a"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total private sector credit (bank + non-bank financial institutions) as a share of GDP in Turkey from 1990 to present. This broader measure captures shadow banking and non-bank credit channels beyond deposit money banks. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2020. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 2008–2020 (13 observations)."},{"question":"What is the long-term trend?","answer":"The series peaked at 75.2 % of GDP in 2020 and reached its lowest recorded value of 33.4 in 2008. The latest reading of 75.2 in 2020 represents a change of +9.7pp."}]}