Country profile · Edition 1

🇹🇷Turkey

Middle East

Score

60.6

Rank

29 of 46

Overview

Turkey ranks 29th of 46 economies, with a score of 60.6 out of 100. It is 3rd of 3 ranked economies in Middle East.

Strongest: Consumer protection and Government support (100). Weakest: Credit literacy (24); Credit access (42).

Dimension scores

Credit literacy24.0

Credit access41.7

Financial inclusion70.6

Digital banking71.4

Innovation66.7

Consumer protection100.0

Government support100.0

Financial education75.0

Youth education50.0

Public awareness50.0

Dimensions with no score are left out of the overall score, never counted as zero.

Not yet measured: Reporting transparency, Alternative infrastructure.

Survey indicators

24%24% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)

61.7%62% of credit card users pay their balance in full (Findex, 2024)

41.7%42% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2024)

81.6%82% of adults have an account (Findex, 2024)

59.5%60% could raise emergency funds within 30 days without great difficulty (Findex, 2024)

71.4%71% of adults made or received a digital payment (Findex, 2024)

Youth education policy: nationwide

Financial education is part of the mandatory school curriculum nationwide. There is no standalone course or graduation requirement. Young people are mentioned in the national strategy but not as a priority, or the strategy has expired.

Policy dimensions record whether a policy exists, not how well it works.