- It marked a turning point in British imperialism in the Middle East. The British government was forced to reassess its commitments in the region and to recognize that it could no longer rely on military force alone to maintain its control.
- It led to the rise of Turkish nationalism. The Turkish people were inspired by the success of the Turkish National Movement in resisting the Allied occupation of Turkey and in establishing an independent Turkish state.
- It contributed to the outbreak of the Second World War. The resentment felt by the Turkish people towards the Allied powers, particularly Britain and France, played a role in Turkey's decision to remain neutral during the Second World War.
- It laid the foundation for the modern Turkish Republic. The Turkish National Movement, led by Mustafa Kemal Atatürk, emerged from the Chanak Crisis with a strong sense of national identity and a determination to build a modern, secular, and independent Turkish state.