Wages in Manufacturing in Turkey increased to 200.60 Index Points in the third quarter of 2019 from 194.19 Index Points in the second quarter of 2019. Wages in Manufacturing in Turkey averaged 78.24 Index Points from 2005 until 2019, reaching an all time high of 200.60 Index Points in the third quarter of 2019 and a record low of 25.97 Index Points in the first quarter of 2005. source: Turkish Statistical Institute

Wages in Manufacturing in Turkey is expected to be 205.00 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 219.00 in 12 months time. In the long-term, the Turkey Gross Wages in Manufacturing Index is projected to trend around 229.00 points in 2020, according to our econometric models.

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Turkey Gross Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
200.60 194.19 200.60 25.97 2005 - 2019 points Quarterly
2015=100, NSA

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 [+]