Formal & Mobile Money Borrowing Statistics in Turkiye (2026)
As of the 2024 data, 41.7% of adults in Turkiye borrowed from a formal financial institution or using a mobile money account, per World Bank Global Findex. Up from 38% in 2021 to 41.7% in 2024 (+3.7 percentage points). Turkiye ranks #16 of 46 economies in Europe & Central Asia on this measure, and #28 of 142 globally.
Key Statistics
- Latest value (2024)
- 41.7% (2024)
- Formal & Mobile Money Borrowing in Turkiye as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +3.7 pp (2024)
- Up from 38% in 2021 to 41.7% in 2024 (+3.7 percentage points).
- Earliest value in this dataset (2014)
- 35.9% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 35.9% in 2014 to 41.7% in 2024.
- Peak value (2017)
- 42.8% (2017)
- Highest value in the available series; the 2024 value is 41.7%.
- Rank in Europe & Central Asia
- #16 of 46 (2024)
- Turkiye ranks 16 of 46 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #28 of 142 (2024)
- Turkiye ranks 28 of 142 countries with data globally.
- Europe & Central Asia average
- 33.4% (2024)
- Turkiye (41.7%) is above the average of 33.4% across the 46 countries in Europe & Central Asia with data.
- Borrowed from a formal bank or similar financial institution (% age 15+) (2024)
- 41.5% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Turkiye (2025)
- 89.8% (2025)
- 89.8% of the population in Turkiye used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 85.5 million (2024)
- Turkiye had a population of 85.5 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 41.7% | +3.7 pp |
| 2021 | 38% | −4.8 pp |
| 2017 | 42.8% | +6.9 pp |
| 2014 | 35.9% | — |
Frequently asked questions
What share of adults in Turkiye borrowed from a formal financial institution or using a mobile money account?
41.7% of adults in Turkiye borrowed from a formal financial institution or using a mobile money account in 2024, according to World Bank Global Findex data.
How has formal & mobile money borrowing in Turkiye changed over time?
World Bank Global Findex data show a rise from 35.9% in 2014 to 41.7% in 2024.
How does Turkiye compare with other countries in Europe & Central Asia?
Turkiye ranks 16 of 46 countries in Europe & Central Asia with data, with 41.7% versus a regional average of 33.4% (latest values per country).
Where does Turkiye rank globally on formal & mobile money borrowing?
Turkiye ranks 28 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fin22a.22a1.22g.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .