Turkey Hourly Labour Costs

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.

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Turkey Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	12.30	11.60	14.80	7.30	percent	[+]
Employed Persons	28314.00	28870.00	29318.00	18493.00	Thousand	[+]
Unemployed Persons	3981.00	3788.00	3985.00	1773.00	Thousand	[+]
Labor Force Participation Rate	53.40	53.60	53.60	43.90	percent	[+]
Long Term Unemployment Rate	2.50	2.30	3.20	1.60	percent	[+]
Youth Unemployment Rate	23.60	22.30	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	166.50	162.01	166.50	25.97	Index Points	[+]
Minimum Wages	2558.40	2558.40	2558.40	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	2500.70	2946.30	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	25938.10	25328.80	25938.10	16911.50	Thousand	[+]
Employment Rate	47.00	47.40	47.90	38.90	percent	[+]

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 February of 2019.

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

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Country	Last		Previous	Range
Australia	102.20	Sep/18	101	102 : 45.4	Index Points
Brazil	93.07	Dec/18	106	182 : 39.6	Index Points
Canada	105.63	Sep/18	117	117 : 49.37	Index Points
China	104.80	Dec/18	105	110 : 103	Index Points
Euro Area	106.40	Sep/18	114	114 : 85.1	Index Points
France	108.20	Sep/18	108	108 : 5.9	Index Points
Germany	115.29	Sep/18	113	115 : 78.67	Index Points
Italy	107.00	Jun/18	105	108 : 44.5	Index Points
Mexico	79.30	Nov/18	76.2	127 : 66.4	Index Points
Netherlands	101.50	Sep/18	115	118 : 66.6	Index Points
Singapore	117.00	Dec/18	108	136 : 57.37	Index Points
South Africa	150.90	Jun/18	151	151 : 1.1	Index Points
South Korea	109.40	Sep/18	96.5	149 : 91.3	Index Points
Spain	98.40	Sep/18	102	106 : 66.7	Index Points
Turkey	166.66	Sep/18	154	167 : 56.26	Index Points
United Kingdom	104.80	Sep/18	104	105 : 20.7	Index Points
United States	109.05	Sep/18	109	110 : 17	Index Points