Ratio of people with savings in Turkey 2019-2023

Published by Zeynep Dierks, May 2, 2024
As of the second quarter of 2023, about 25 percent of the Turkish people claimed that they have savings of different sorts, according to the results of a quarterly survey. Between the first quarter of 2019 and the second quarter of 2023, the ratio of people who have saving in Turkey fluctuated.

Proportion of people who have savings in Turkey from 1st quarter 2019 to 2nd quarter 2023

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Release date

October 2023

Region

Turkey

Survey time period

Q1 2019 to Q2 2023

Number of respondents

2,400 respondents

Age group

18 years and older

Special properties

Randomly selected people are interviewed every month in 26 provinces selected in the NUTS2 regions

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

Savings within the scope of this research include the following items:

• Time deposit accounts in banks in TL or foreign currency

• Monetary amount of securities such as stocks, treasury bills, government bonds held in banks and/or intermediary institutions

• Investment accounts and participation funds in banks • Private retirement funds

• The part of the amount in TL or foreign currency in the current account / liquid fund in banks that is not / will not be spent within that month

• The part of the money (including foreign currency and gold) in your wallet, safe, or under your pillow that is not/will not be spent during that month.

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