All Countries
Türkiye
enplru

Türkiye
Inflation in Türkiye for 5 years: 2021 – 2026

Since 20201 Year5 Years10 Years15 Years20 YearsAll
Start
End
Data source:HICP Eurostat
Latest month of data:May 2026
Cumulative Inflation for 5 Years
+664.0%
Average Inflation Rate
50.2%
Price Multiplier
7.64x
Loss of Buying Power
-86.9%
inflationcompare.com

Report for: June 2021 — May 2026

Hyperinflation has been recorded — a catastrophic scenario for the economy. With such average annual price growth of 50.2%, money ceases to perform the function of a measure of value and a means of saving. Nominal prices soared 7.64 times, and the real purchasing power of TRY fell to 13% of the original.

Inflation Rate by Year

Inflation Adjusted Prices

Equivalent Value
What cost 100 TRY in 2021, would cost 764 TRY today. To maintain the same standard of living, income over 5 years should have grown by 7.64 times.
2021100 TRY
+664.0%
2026764 TRY

Value Adjusted for Inflation

Loss of Buying Power

Real Value
Since 2021, the purchasing power of 100 TRY has decreased to 13 TRY. The chart shows how TRY lost a total of 86.9% of its value over 5 years.
2021100 TRY
-86.9%
202613 TRY
-87%
Total Loss

Purchasing Power Over Time

Cumulative Inflation (%)

Historical Inflation Table

YearInflation (%)
202616.60%
202530.91%
202444.40%
202364.93%
202264.24%
202136.11%

Related Countries

Russia
Russia
Germany
Germany
Greece
Greece

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)=CPI2026CPI2021\text{Price Multiplier} (K) = \frac{\text{CPI}_{2026}}{\text{CPI}_{2021}}
Calculation:
128.73016.850=7.6398\frac{128.730}{16.850} = 7.6398
Cumulative Inflation

To calculate the cumulative inflation since 2021, we use the following formula:

Formula:
(K−1)×100=Cumulative(%)(K - 1) \times 100 = \text{Cumulative} (\%)
Calculation:
(7.6398−1)×100=664.0%(7.6398 - 1) \times 100 = 664.0\%
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 5 years since 2021, we use the following formula:

Formula:
K1n−1=Average Inflation RateK^{\frac{1}{n}} - 1 = \text{Average Inflation Rate}
n — number of years (5)
Calculation:
(7.63981/5−1)×100=50.2%(7.6398^{1/5} - 1) \times 100 = 50.2\%
Loss of Buying Power

To find out what share of its real value savings in TRY have lost since 2021, 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:
(1−17.6398)×100=86.9%\left( 1 - \frac{1}{7.6398} \right) \times 100 = 86.9\%
Equivalent Value

To calculate the equivalent value in terms of purchasing power in 2026, we multiply the initial value from 2021 by the price growth factor:

Formula:
Original Amount×K=Equivalent\text{Original Amount} \times K = \text{Equivalent}
Calculation:
100×7.6398=764 TRY100 \times 7.6398 = 764 \text{ TRY}

Citation & Data Usage

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

"Inflation in Türkiye (2021–2026)", InflationCompare, . Accessed 18 July 2026. Data source: HICP Eurostat.
Inflation in Türkiye for 5 years (2021–2026) | Yearly Chart