Labour Costs in Turkey increased to 188.85 Index Points in the first quarter of 2019 from 162.92 Index Points in the fourth quarter of 2018. Labour Costs in Turkey averaged 93.34 Index Points from 2007 until 2019, reaching an all time high of 188.85 Index Points in the first 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 195.00 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 205.00 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 12.80 13.00 14.80 7.30 percent [+]
Employed Persons 28269.00 28199.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4157.00 4202.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 52.80 53.10 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.90 2.60 3.20 1.60 percent [+]
Youth Unemployment Rate 23.30 23.20 28.60 11.00 percent [+]
Labour Costs 188.85 162.92 188.85 56.26 Index Points [+]
Minimum Wages 2558.40 2558.40 2558.40 1.50 TRY/Month [+]
Wages in Manufacturing 183.07 167.61 183.07 25.97 Index Points [+]
Population 80.81 79.81 80.81 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 [+]
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 [+]
Part Time Employment 2888.30 3079.80 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 [+]
Full Time Employment 23669.20 24403.70 25938.10 16911.50 Thousand [+]
Employment Rate 45.40 45.70 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
188.85 162.92 188.85 56.26 2007 - 2019 Index Points Quarterly
NSA, 2015=100




Country Last Previous
Australia 103.80 Mar/19
Brazil 101.89 Jun/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 97.70 May/19
Netherlands 105.20 Mar/19
Singapore 99.50 Jun/19
South Africa 156.20 Dec/18
South Korea 129.90 Mar/19
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 111.89 Jun/19


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