Labour Costs in Turkey increased to 166.66 Index Points in the third quarter of 2018 from 153.67 Index Points in the second quarter of 2018. Labour Costs in Turkey averaged 89.84 Index Points from 2007 until 2018, reaching an all time high of 166.66 Index Points in the third quarter of 2018 and a record low of 56.26 Index Points in the second quarter of 2009.

Labour Costs in Turkey is expected to be 160.00 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 175.00 in 12 months time. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 215.00 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 11.10 10.80 14.80 7.30 percent [+]
Employed Persons 29318.00 29265.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 3670.00 3531.00 3985.00 1773.00 Thousand [+]
Labor Force Participation Rate 53.50 53.20 53.50 43.90 percent [+]
Long Term Unemployment Rate 2.30 2.30 3.20 1.60 percent [+]
Youth Unemployment Rate 20.80 19.90 28.60 11.00 percent [+]
Labour Costs 166.66 153.67 166.66 56.26 Index Points [+]
Wages 2207.00 1512.00 2207.00 1103.00 TRY/Month [+]
Wages in Manufacturing 162.01 155.68 162.01 25.97 Index Points [+]
Minimum Wages 2029.50 2029.50 2029.50 1.50 TRY/Month [+]
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 2946.30 3084.10 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 25328.80 24245.70 25530.40 16911.50 Thousand [+]
Employment Rate 47.60 47.40 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
166.66 153.67 166.66 56.26 2007 - 2018 Index Points Quarterly
NSA, 2015=100




Country Last Previous
Australia 102.20 Sep/18
Brazil 119.16 Oct/18
Canada 105.63 Sep/18
China 104.80 Sep/18
Euro Area 113.70 Jun/18
France 108.20 Sep/18
Germany 115.29 Sep/18
Italy 107.00 Jun/18
Mexico 82.30 Sep/18
Netherlands 115.30 Jun/18
Singapore 108.30 Sep/18
South Africa 150.80 Mar/18
South Korea 96.50 Jun/18
Spain 102.40 Jun/18
Turkey 166.66 Sep/18
United Kingdom 103.90 Jun/18
United States 109.05 Sep/18


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