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Türkiye
Inflation in Türkiye for 20 years: 2006 – 2026

Start
End
Data source:HICP Eurostat
Latest month of data:April 2026
Cumulative Inflation for 20 Years
+3104.1%
Average Inflation Rate
18.9%
Price Multiplier
32.04x
Loss of Buying Power
-96.9%

Report for: May 2006 — April 2026

This is a period of galloping inflation and deep monetary shock. Average annual loss of buying power at the level of 18.9% makes keeping capital in national currency critically unprofitable. The total price growth of 32.04 times means a cardinal change in the cost of living and a drop in real purchasing power to 3%.

Inflation Rate by Year

Inflation Adjusted Prices

Equivalent Value
What cost 100 TRY in 2006, would cost 3204 TRY today. To maintain the same standard of living, income over 20 years should have grown by 32.04 times.
2006100 TRY
+3104.1%
20263204 TRY

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 2006, the purchasing power of 100 TRY has decreased to 3 TRY. The chart shows how TRY lost a total of 96.9% of its value over 20 years.
2006100 TRY
-96.9%
20263 TRY
-97%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
202614.64%
202530.91%
202444.40%
202364.93%
202264.24%
202136.11%
202014.62%
201911.81%
201820.35%
201711.87%
20168.51%
20158.74%
20148.21%
20137.47%
20126.19%
201110.33%
20106.53%
20096.56%
200810.07%
20078.29%
20069.61%

Calculation Methodology

Calculations are based on HICP Eurostat. It is a consumer price index that measures the average change in prices for goods and services purchased by the population.

Price Multiplier

Price Multiplier shows how many times prices have increased. In macroeconomics, this baseline metric is known as the Price Index Ratio. It is derived directly from official CPI data and serves as the mathematical foundation for all other calculations on this page.

Formula:
Price Multiplier(K)=CPI2026CPI2006\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{2006}}
Calculation:
126.5603.950=32.0405\frac{126.560}{3.950} = 32.0405
Cumulative Inflation

To calculate the cumulative inflation since 2006, we use the following formula:

Formula:
(K−1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(32.0405−1)×100=3104.1%(32.0405 - 1) \times 100 = 3104.1\%
Average Inflation Rate

Shows the average annual price growth rate including compound interest (where each year's inflation is added to already increased prices). To calculate the average annual inflation for 20 years since 2006, we use the following formula:

Formula:
K1n−1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (20)
Calculation:
(32.04051/20−1)×100=18.9%(32.0405^{1/20} - 1) \times 100 = 18.9\%
Loss of Buying Power

To find out what share of its real value savings in TRY have lost since 2006, we calculate the percentage drop in purchasing power. Loss of buying power is calculated as an inverse proportion to price growth:

Formula:
(1−1K)×100=Loss of Buying Power(%)\left( 1 - \frac{1}{K} \right) \times 100 = \text{Loss of Buying Power} (\%)
Calculation:
(1−132.0405)×100=96.9%\left( 1 - \frac{1}{32.0405} \right) \times 100 = 96.9\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 2006 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×32.0405=3,204 TRY100 \times 32.0405 = 3,204 \text{ TRY}

Citation & Data Usage

You can use the data in your articles. Link to the source:

"Inflation in Türkiye (2006–2026)", InflationCompare, . Accessed 26 May 2026. Data source: HICP Eurostat.