Wages in Manufacturing in Turkey increased to 243.96 points in the fourth quarter of 2020 from 225.36 points in the third quarter of 2020. source: Turkish Statistical Institute

Wages in Manufacturing in Turkey averaged 89.06 points from 2005 until 2020, reaching an all time high of 243.96 points in the fourth 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 April of 2021.

Wages in Manufacturing in Turkey is expected to be 236.00 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 228.00 in 12 months time. In the long-term, the Turkey Gross Wages in Manufacturing Index is projected to trend around 234.00 points in 2022 and 240.00 points in 2023, according to our econometric models.

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Turkey Gross Wages in Manufacturing Index

Actual Previous Highest Lowest Dates Unit Frequency
243.96 225.36 243.96 25.97 2005 - 2020 points Quarterly
2015=100, NSA

Turkey Labour Last Previous Highest Lowest Unit
Unemployment Rate 13.40 12.70 14.40 8.00 percent [+]
Employed Persons 27477.00 27499.00 28965.00 19349.00 Thousand [+]
Unemployed Persons 4236.00 3986.00 4591.00 1909.00 Thousand [+]
Labor Force Participation Rate 50.10 49.80 53.60 43.90 percent [+]
Long Term Unemployment Rate 3.30 2.80 3.60 1.60 percent [+]
Youth Unemployment Rate 26.90 26.50 28.60 11.00 percent [+]
Labour Costs 222.42 222.13 256.43 56.26 points [+]
Minimum Wages 3577.50 3577.50 3577.50 1.50 TRY/Month [+]
Wages in Manufacturing 243.96 225.36 243.96 25.97 points [+]
Population 83.61 83.15 83.61 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 3297.30 2993.00 3297.30 1309.60 Thousand [+]
Employment Rate 43.40 43.50 48.00 38.90 percent [+]
Full Time Employment 23012.00 23787.20 25938.10 16911.50 Thousand [+]