TURKSTAT Data: Which Investment Paid How Much in 2025?
TURKSTAT Data: Which Investment Paid How Much in 2025?
Turkey’s statistical institute (TÜİK) reported that, after adjusting for inflation, gold delivered the highest annual real return in 2025. The agency also released December real return figures for major financial investment instruments.
December: the top monthly real return was in DİBS
In December, the highest monthly real return was recorded in government domestic debt securities (DİBS), at 4.13% when deflated by the domestic producer price index (Yİ-ÜFE) and 3.98% when deflated by the consumer price index (TÜFE).
December: real returns deflated by Yİ-ÜFE
When deflated by Yİ-ÜFE, real returns were: bullion gold 3.75%, BIST 100 index 2.81%, gross deposit interest 2.22%, euro 1.56%, and U.S. dollar 0.21%.
December: real returns deflated by TÜFE
When deflated by TÜFE, real returns were: bullion gold 3.61%, BIST 100 index 2.67%, gross deposit interest 2.08%, euro 1.42%, and U.S. dollar 0.07%.
3-month view
Over three months, bullion gold delivered the highest real return at 17.42% (Yİ-ÜFE) and 16.16% (TÜFE). Over the same period, the BIST 100 index was the biggest loser at 0.76% (Yİ-ÜFE) and 1.82% (TÜFE).
6-month view
Over six months, bullion gold again ranked first at 27.14% (Yİ-ÜFE) and 25.05% (TÜFE), while the U.S. dollar was the biggest loser at 1.98% (Yİ-ÜFE) and 3.59% (TÜFE).
Annual view: gold leads in real returns
On an annual basis, bullion gold posted the highest real return at 55.60% when deflated by Yİ-ÜFE and 51.77% when deflated by TÜFE.
Annually, when deflated by Yİ-ÜFE, real gains were recorded in gross deposit interest (8.93%), DİBS (7.36%), and the euro (6.84%), while the U.S. dollar lost 4.47% and the BIST 100 index lost 11.35%.
When deflated by TÜFE, real gains were recorded in gross deposit interest (6.25%), DİBS (4.72%), and the euro (4.21%), while the U.S. dollar lost 6.82% and the BIST 100 index lost 13.53%.
