Labour Costs in Turkey increased to 268.49 points in the second quarter of 2021 from 256.60 points in the first quarter of 2021. source: Turkish Statistical Institute

Labour Costs in Turkey averaged 114.25 points from 2007 until 2021, reaching an all time high of 268.49 points in the second quarter of 2021 and a record low of 56.26 points in the second quarter of 2009. This page provides - Turkey Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Hourly Labour Costs - values, historical data and charts - was last updated on October of 2021.

Labour Costs in Turkey is expected to be 275.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 302.00 points in 2022 and 330.00 points in 2023, according to our econometric models.

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Turkey Hourly Labour Costs

Turkey Last Unit Reference Previous Highest Lowest
Unemployment Rate 12.10 percent Aug/21 12.10 14.50 8.00
Unemployed Persons 3965.00 Thousand Aug/21 3954.00 4591.00 1909.00
Employed Persons 28706.00 Thousand Aug/21 28720.00 28965.00 19349.00
Labor Force Participation Rate 51.20 percent Aug/21 51.30 53.70 43.90
Youth Unemployment Rate 22.70 percent Aug/21 22.80 28.60 11.00
Labour Costs 268.49 points Jun/21 256.60 268.49 56.26
Wages 3960.00 TRY/Month Dec/18 2207.00 3960.00 1103.00
Wages in Manufacturing 297.18 points Jun/21 275.39 297.18 25.97
Population 83.61 Million Dec/20 83.15 83.61 28.23
Employment Rate 45.00 percent Aug/21 45.10 47.70 38.90