Data shared by the BRSA showed that the number of millionaires in Turkey increased by 61% in one year. The increase is unfortunately not related to our enrichment but to economic developments.
The Banking Regulation and Supervision Agency (BDDK) shared monthly data for the period of December 2022. Data shared by the institution, Number of TL millionaires He pointed out that there has been a huge increase from year to year.
The number of domestic millionaires (people with deposits over 1 million TL in their banks), which was 470 thousand 972 in December 2021, increased by 290 thousand 10 in a year. to 760 thousand 982 reached.
So what is the reason for this increase? How much is today’s 1 million TL actually worth?
The increase in the number of people with more than 1 million TL in their bank account is actually directly related to inflation. Today’s one million TL is actually not the same value as in 2021 and before.
To explain with an example, the total rate of change in consumer inflation (CPI) from December 2017 to December 2022 244.66% (According to TURKSTAT data).
- According to this data, today’s 1 million TL is For 300 thousand TL of December 2017 it corresponds.
- If we take a closer look at the same account; today’s 1 million TL, For 610 thousand TL of December 2021 test is coming. (CPI change 64.27%).
Source :
https://www.cumhuriyet.com.tr/ekonomi/millioner-sayisi-katlandi-hesabinda-1-milyon-tl-ve-u%CC%88stu%CC%88-para-bulunan-kisi-sayisi-yu% CC88%zde-82-increased-2027129