Labour Costs in Turkey increased to 864.07 points in the first quarter of 2023 from 558.31 points in the fourth quarter of 2022. source: Turkish Statistical Institute

Labour Costs in Turkey averaged 153.68 points from 2007 until 2023, reaching an all time high of 864.07 points in the first quarter of 2023 and a record low of 56.26 points in the second quarter of 2009. This page provides - Turkey Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkey Hourly Labour Costs - values, historical data and charts - was last updated on June of 2023.

Labour Costs in Turkey is expected to be 578.11 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkey Hourly Labour Costs is projected to trend around 768.29 points in 2024 and 811.31 points in 2025, according to our econometric models.

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Turkey Hourly Labour Costs

Related Last Previous Unit Reference
Unemployment Rate 10.00 10.00 percent Mar 2023
Unemployed Persons 3508.00 3504.00 Thousand Mar 2023
Employed Persons 31462.00 31425.00 Thousand Mar 2023
Labor Force Participation Rate 53.60 53.60 percent Mar 2023
Youth Unemployment Rate 20.10 19.40 percent Mar 2023
Labour Costs 864.07 558.31 points Mar 2023
Wages 4050.00 3960.00 TRY/Month Dec 2020
Wages in Manufacturing 982.71 706.65 points Mar 2023
Population 85.28 84.68 Million Dec 2022
Employment Rate 48.20 48.20 percent Mar 2023