Wages in Manufacturing in Turkey increased to 221.98 points in the first quarter of 2020 from 205.81 points in the fourth quarter of 2019.

Wages in Manufacturing in Turkey averaged 82.69 points from 2005 until 2020, reaching an all time high of 221.98 points in the first quarter of 2020 and a record low of 25.97 points in the first quarter of 2005. This page provides the latest reported value for - Turkey Gross Wages in Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Turkey Gross Wages in Manufacturing Index - values, historical data and charts - was last updated on July of 2020. source: Turkish Statistical Institute

Wages in Manufacturing in Turkey is expected to be 195.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Turkey to stand at 196.00 in 12 months time. In the long-term, the Turkey Gross Wages in Manufacturing Index is projected to trend around 206.00 points in 2021 and 214.00 points in 2022, according to our econometric models.

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Turkey Gross Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
221.98 205.81 221.98 25.97 2005 - 2020 points Quarterly
2015=100, NSA

Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.20 13.60 14.80 7.30 percent [+]
Employed Persons 26133.00 26753.00 29318.00 18493.00 Thousand [+]
Unemployed Persons 3971.00 4228.00 4730.00 1773.00 Thousand [+]
Labor Force Participation Rate 49.00 50.70 53.50 43.90 percent [+]
Long Term Unemployment Rate 3.60 3.40 3.60 1.60 percent [+]
Youth Unemployment Rate 24.60 24.40 28.60 11.00 percent [+]
Labour Costs 221.43 197.80 221.43 56.26 points [+]
Minimum Wages 2943.00 2943.00 2943.00 1.50 TRY/Month [+]
Wages in Manufacturing 221.98 205.81 221.98 25.97 points [+]
Population 83.15 82.00 83.15 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 2779.80 2407.60 3084.10 1309.60 Thousand [+]
Employment Rate 42.60 44.30 47.90 38.90 percent [+]
Full Time Employment 24516.50 25244.20 25938.10 16911.50 Thousand [+]