Retirement Age Men in Turkey is expected to be 60.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Retirement Age - Men is projected to trend around 60.00 in 2020, according to our econometric models.


Forecast Data Chart
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Turkey Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 11.1 11.5 11.7 11.9 12.1 11.9
Employed Persons 29318 27800 28200 28600 27900 30700
Unemployed Persons 3670 3620 3430 3320 3570 4010
Labor Force Participation Rate 53.5 53.6 53.6 53.8 53.8 54.9
Long Term Unemployment Rate 2.3 2.4 2.4 2.5 2.5 2.8
Youth Unemployment Rate 20.8 21 21.4 21.6 21.8 21.9
Labour Costs 154 160 165 170 175 215
Wages 2207 2800 3000 3000 3000 3200
Wages in Manufacturing 162 175 180 185 189 215
Minimum Wages 2030 2030 2280 2280 2235 2530
Population 80.81 82.15 83.42 83.42 83.42 84.34
Retirement Age Women 58 58 58 58 58 58
Retirement Age Men 60 60 60 60 60 60
Wages Low Skilled 1380 1480 1550 1550 1550 1600
Wages High Skilled 2830 2950 3100 3100 3100 3200
Part Time Employment 2946 2600 2800 2500 2300 3200
Living Wage Family 3190 2910 2950 2950 2950 3100
Living Wage Individual 1930 1750 1800 1800 1800 1850
Full Time Employment 25329 24400 23900 24100 25600 27600
Employment Rate 47.6 47.8 47.8 48 48 50.5