Bank assets as a share of GDP reached 102 % in 2017 in Turkey, according to the National Central Bank. This is 2.79 % more than in the previous year.
Historically, bank assets as a share of GDP in Turkey reached an all time high of 102 % in 2017 and an all time low of 27.0 % in 1963. When compared to Turkey's main peers, bank assets as a share of GDP in Bulgaria amounted to 101 % and 144 % in Greece in 2017.
Turkey has been ranked 47th within the group of 113 countries we follow in terms of bank assets as a share of GDP, 20 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.