Inflation Turkey 1981

Average inflation: 38.6%

Inflation in 1981

Inflation is very high at 38.6%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 64.2%. The lowest inflation was in December at 28.6%.

Highest month
January: 64.2%
Lowest month
December: 28.6%
Difference
35.6 percentage points
Months with data
12 of 12

Historical Context

Inflation is 18.5 percentage points lower than the 5-year average of 57.1%.

5-year average
57.1%
10-year average
37.8%
All-time high (1980)
97.1%
All-time low (1964)
1.1%

Trend

Over the period 1979-1981, inflation shows a downward trend. Compared to 1980, inflation has fallen by 58.5 percentage points.

Change vs. previous year
-58.5 percentage points
Largest monthly swing
April: -79.2 percentage points

ECB Target

Inflation is 36.6 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for TRY 100 this year will cost approximately TRY 138.60 next year at this inflation rate.

Multi-year trend

Monthly figures 1981

Inflation by category

Food and non-alcoholic beverages
37.8%
-0.8 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 1980
January 64.2% -32.0
February 47.0% -70.4
March 42.6% -77.5
April 38.2% -79.2
May 37.8% -76.7
June 37.7% -63.7
July 36.7% -52.5
August 33.1% -55.1
September 34.3% -52.4
October 31.4% -51.3
November 32.2% -44.0
December 28.6% -46.5
Average 38.6%

Data source

Data from OECD. Last updated: 19/12/2025.

See also