Turkey's unemployment rate rose to 12.8 percent in May 2019 from 9.7 percent in the same period of the previous year, as the number of unemployed jumped 32.6 percent to 4.157 million while employment fell 3 percent to 28.269 million. Unemployment Rate in Turkey averaged 10.23 percent from 2005 until 2019, reaching an all time high of 14.80 percent in February of 2009 and a record low of 7.30 percent in June of 2012.

Unemployment Rate in Turkey is expected to be 16.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Turkey to stand at 14.50 in 12 months time. In the long-term, the Turkey Unemployment Rate is projected to trend around 12.90 percent in 2020, according to our econometric models.

Turkey Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-15 07:00 AM Unemployment Rate Feb 14.7% 14.7% 14.6%
2019-06-17 07:00 AM Unemployment Rate Mar 14.1% 14.7% 14.2%
2019-07-16 07:00 AM Unemployment Rate Apr 13% 14.1% 13.7%
2019-08-15 07:00 AM Unemployment Rate May 12.8% 13% 13.5%
2019-09-16 07:00 AM Unemployment Rate Jun 12.8% 14.9%
2019-10-15 07:00 AM Unemployment Rate Jul 15.5%
2019-11-15 07:00 AM Unemployment Rate Aug 15.9%


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 Unemployment Rate

In Turkey, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Turkey Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.80 13.00 14.80 7.30 2005 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 12.80 May/19
Brazil 12.00 Jun/19
Argentina 10.10 Mar/19
Italy 9.70 Jun/19
France 8.50 Jun/19
Euro Area 7.50 Jun/19
India 6.00 Dec/18
Canada 5.70 Jul/19
Saudi Arabia 5.70 Mar/19
Australia 5.20 Jul/19
Indonesia 5.01 Mar/19
Russia 4.50 Jul/19
South Korea 4.00 Jul/19
United Kingdom 3.90 Jun/19
United States 3.70 Jul/19
China 3.61 Jun/19
Mexico 3.60 Jun/19
Netherlands 3.40 Jul/19
Germany 3.10 Jun/19
Japan 2.30 Jun/19
Singapore 2.20 Jun/19
Switzerland 2.10 Jul/19


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