Living Wage Individual in Turkey increased to 1930 TRY/Month in 2018 from 1820 TRY/Month in 2017.

Living Wage Individual in Turkey averaged 1812.50 TRY/Month from 2015 until 2018, reaching an all time high of 1930 TRY/Month in 2018 and a record low of 1750 TRY/Month in 2016.

Living Wage Individual in Turkey is expected to be 1800.00 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 Individual is projected to trend around 1850.00 TRY/Month in 2020, according to our econometric models.


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Turkey Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
1930.00 1820.00 1930.00 1750.00 2015 - 2018 TRY/Month yearly

Turkey Living Wage Individual
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.

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 [+]