Labour Costs in Turkey increased to 200.63 Index Points in the second quarter of 2019 from 188.85 Index Points in the first quarter of 2019. Labour Costs in Turkey averaged 95.48 Index Points from 2007 until 2019, reaching an all time high of 200.63 Index Points in the second quarter of 2019 and a record low of 56.26 Index Points in the second quarter of 2009.

Labour Costs in Turkey is expected to be 199.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Turkey to stand at 207.00 in 12 months time. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 220.00 Index Points in 2020, according to our econometric models.

Turkey Hourly Labour Costs
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Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.90 13.00 14.80 7.30 percent [+]
Employed Persons 28517.00 28512.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4596.00 4253.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 53.10 52.90 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.90 2.60 3.20 1.60 percent [+]
Youth Unemployment Rate 27.10 24.80 28.60 11.00 percent [+]
Labour Costs 200.63 188.85 200.63 56.26 Index Points [+]
Minimum Wages 2558.40 2558.40 2558.40 1.50 TRY/Month [+]
Wages in Manufacturing 194.11 183.07 194.11 25.97 Index Points [+]
Population 82.00 80.81 82.00 28.23 Million [+]
Retirement Age Women 58.00 58.00 58.00 58.00 [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Part Time Employment 2735.70 2888.30 3084.10 1309.60 Thousand [+]
Living Wage Family 3190.00 3070.00 3190.00 2970.00 TRY/Month [+]
Living Wage Individual 1930.00 1820.00 1930.00 1750.00 TRY/Month [+]
Wages Low Skilled 1380.00 1380.00 1380.00 1380.00 TRY/Month [+]
Wages High Skilled 2830.00 2830.00 2830.00 2830.00 TRY/Month [+]
Full Time Employment 24678.30 23669.20 25938.10 16911.50 Thousand [+]
Employment Rate 45.50 45.60 47.90 38.90 percent [+]


Turkey Hourly Labour Costs

This page provides - Turkey Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Hourly Labour Costs - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
200.63 188.85 200.63 56.26 2007 - 2019 Index Points Quarterly
NSA, 2015=100




Country Last Previous
Australia 105.10 Jun/19
Brazil 104.13 Aug/19
Canada 108.85 Jun/19
China 104.20 Sep/19
Euro Area 110.50 Jun/19
France 107.60 Jun/19
Germany 108.22 Jun/19
Italy 111.90 Jun/19
Mexico 93.30 Aug/19
Netherlands 118.70 Jun/19
Singapore 99.50 Jun/19
South Africa 157.00 Mar/19
South Korea 129.90 Mar/19
Spain 104.80 Jun/19
Turkey 200.63 Jun/19
United Kingdom 105.50 Mar/19
United States 111.98 Jun/19


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