Development of inflation rates in Turkey
The inflation rate for consumer prices in Turkey moved over the past 41 years between 6.3% and 105.2%. For 2020, an inflation rate of 12.3% was calculated.During the observation period from 1979 to 2020, the average inflation rate was 40.6% per year. Overall, the price increase was 48,413,838.32 %. An item that cost 100 Lira in 1979 was so charged 48,413,938.32 Lira in the beginning of 2021.
In only a very few countries, the price increase is that high. The Consumer Price Index (CPI) of 105.2% in 1994 means, that compared to the previous year all prices have been increased by an average of 105.2%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.
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Performance over the last 41 years compared to the US
Performance based on 100% in 1978.
Inflation calculator for Turkey
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Lira in 1979 corresponds to an amount of 484,139,383.18 Lira at the beginning of 2021 due to inflation.Development of inflation rates for consumer goods in Turkey
| Year | Turkey | Ø USA | Ø World |
|---|---|---|---|
| 2020 | 12.28 % | 1.23 % | 1.94 % |
| 2019 | 15.18 % | 1.81 % | 2.17 % |
| 2018 | 16.33 % | 2.44 % | 2.44 % |
| 2017 | 11.14 % | 2.13 % | 2.19 % |
| 2016 | 7.78 % | 1.26 % | 1.55 % |
| 2015 | 7.67 % | 0.12 % | 1.43 % |
| 2014 | 8.85 % | 1.62 % | 2.35 % |
| 2013 | 7.49 % | 1.46 % | 2.62 % |
| 2012 | 8.89 % | 2.07 % | 3.73 % |
| 2011 | 6.47 % | 3.16 % | 4.82 % |
| 2010 | 8.57 % | 1.64 % | 3.33 % |
| 2009 | 6.25 % | -0.36 % | 2.94 % |
| 2008 | 10.44 % | 3.84 % | 8.90 % |
| 2007 | 8.76 % | 2.85 % | 4.83 % |
| 2006 | 9.60 % | 3.23 % | 4.22 % |
| 2005 | 8.18 % | 3.39 % | 4.08 % |
| 2004 | 8.60 % | 2.68 % | 3.36 % |
| 2003 | 21.60 % | 2.27 % | 3.03 % |
| 2002 | 44.96 % | 1.59 % | 2.83 % |
| 2001 | 54.40 % | 2.83 % | 3.84 % |
| 2000 | 54.92 % | 3.38 % | 3.43 % |
| 1999 | 64.87 % | 2.19 % | 3.16 % |
| 1998 | 84.64 % | 1.55 % | 5.19 % |
| 1997 | 85.67 % | 2.34 % | 5.42 % |
| 1996 | 80.41 % | 2.93 % | 6.68 % |
| 1995 | 89.11 % | 2.81 % | 9.08 % |
| 1994 | 105.21 % | 2.61 % | 10.32 % |
| 1993 | 66.09 % | 2.95 % | 6.78 % |
| 1992 | 70.08 % | 3.03 % | 7.54 % |
| 1991 | 65.98 % | 4.23 % | 8.97 % |
| 1990 | 60.30 % | 5.40 % | 8.13 % |
| 1989 | 63.27 % | 4.83 % | 7.00 % |
| 1988 | 68.81 % | 4.08 % | 7.15 % |
| 1987 | 38.86 % | 3.66 % | 5.66 % |
| 1986 | 34.61 % | 1.90 % | 5.78 % |
| 1985 | 44.96 % | 3.55 % | 6.81 % |
| 1984 | 48.39 % | 4.30 % | 8.22 % |
| 1983 | 31.39 % | 3.21 % | 8.87 % |
| 1982 | 29.14 % | 6.13 % | 10.26 % |
| 1981 | 37.61 % | 10.33 % | 12.48 % |
| 1980 | 94.26 % | 13.55 % | 13.98 % |
| 1979 | 63.54 % | 11.25 % | n/a |
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