Inflation rates by country and year

0%26.3%52.6%78.9%105.2%
0%26.3%52.6%78.9%105.2%
19605.7%
199270.1%
202534.9%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate34.9%

Behind the curve

Turning points in Turkiye

  1. 1994↑ Upward pressure

    The 1994 crisis — Wikipedia (opens in a new tab)

    A balance-of-payments crisis and lira collapse in 1994 pushed Turkish inflation to triple digits.

    Central Bank of the Republic of Turkey
  2. 2001↑ Upward pressure

    The 2001 economic crisis — Wikipedia (opens in a new tab)

    The 2001 banking and currency crisis collapsed the lira and lifted inflation sharply.

    Central Bank of the Republic of Turkey
  3. 2018↑ Upward pressure

    The 2018 currency crisis — Wikipedia (opens in a new tab)

    The 2018 currency and debt crisis pushed the lira down and inflation up, a slide that continued into the 2020s.

    Central Bank of the Republic of Turkey
  4. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    Unorthodox monetary policy and higher global prices drove Turkish inflation to its highest levels in decades.

    Central Bank of the Republic of Turkey

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Turkiye?

The annual inflation rate in Turkiye was 34.9% in 2025, the most recent year in the World Bank dataset. That means prices rose 34.9% on average compared with the year before. Use the chart above to explore Turkiye's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Turkiye has changed

Inflation in Turkiye peaked at 105.2% in 1994 and reached its lowest point at 1.1% in 1964. Averaged across the 66 years of available data (1960–2025), the rate has been 32.9% per year.

Frequently asked questions about inflation in Turkiye

What is the current inflation rate in Turkiye?

The latest available annual figure is 34.9% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Turkiye's statistical office.

What was the highest inflation rate in Turkiye?

The highest annual inflation rate on record is 105.2%, reached in 1994.

What was the lowest inflation rate in Turkiye?

The lowest annual inflation rate on record is 1.1%, recorded in 1964.

Where does the inflation data for Turkiye come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.