Living Wage Family in Turkey increased to 3190 TRY/Month in 2018 from 3070 TRY/Month in 2017. Living Wage Family in Turkey averaged 3050 TRY/Month from 2015 until 2018, reaching an all time high of 3190 TRY/Month in 2018 and a record low of 2970 TRY/Month in 2016.

Living Wage Family in Turkey is expected to be 2950.00 TRY/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Living Wage Family is projected to trend around 3200.00 TRY/Month in 2020, according to our econometric models.


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Turkey Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
3190.00 3070.00 3190.00 2970.00 2015 - 2018 TRY/Month yearly


Turkey Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.

Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.40 13.80 14.80 7.30 percent [+]
Employed Persons 28343.00 28440.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 4396.00 4566.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 52.90 52.90 53.50 43.90 percent [+]
Long Term Unemployment Rate 3.40 3.00 3.40 1.60 percent [+]
Youth Unemployment Rate 25.30 26.10 28.60 11.00 percent [+]
Labour Costs 204.20 200.64 204.20 56.26 points [+]
Minimum Wages 2943.00 2943.00 2943.00 1.50 TRY/Month [+]
Wages in Manufacturing 200.60 194.19 200.60 25.97 points [+]
Population 82.00 80.81 82.00 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 [+]
Part Time Employment 2407.60 2735.70 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 [+]
Wages High Skilled 2830.00 2830.00 2830.00 2830.00 TRY/Month [+]
Wages Low Skilled 1380.00 1380.00 1380.00 1380.00 TRY/Month [+]
Full Time Employment 25244.20 24678.30 25938.10 16911.50 Thousand [+]
Employment Rate 45.70 45.60 47.90 38.90 percent [+]