Turkey unemployment rate


Turkey unemployment rate: 8.8 (-2.22%)
Last Update: December 31, 2023

Turkey unemployment rate closed down 8.8 as of December 31, 2023 from 9 from the previous month and 10.3 from last year.


Turkey unemployment rate Analytics & Data




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Turkey unemployment rate

Date Values
2023-12-31 8.8
2023-11-30 9
2023-10-31 8.6
2023-09-30 9.1
2023-08-31 9.2
2023-07-31 9.3
2023-06-30 9.6
2023-05-31 9.5
2023-04-30 10
2023-03-31 10
2023-02-28 10
2023-01-31 9.8
2022-12-31 10.3
2022-11-30 10.2
2022-10-31 10.2
2022-09-30 10.1
2022-08-31 9.8
2022-07-31 10.2
2022-06-30 10.3
2022-05-31 10.6


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Turkey unemployment rate Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
unemployment rate tr.unemploymentrate 9 8.6 5 -12 Down Down 23 2023-11-30

Turkey unemployment rate Factors

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What is the Turkey unemployment rate

Welcome to our webpage dedicated to Turkey's unemployment rate! Here you will find a wealth of current and historical data, trends and signals, analytics, and charts that shed light on the state of unemployment in Turkey.

The unemployment rate represents the percentage of the labor force that is unemployed and actively seeking employment. It is an essential economic indicator that helps gauge the health of an economy. A low unemployment rate typically suggests a strong economy with robust job opportunities, while a high unemployment rate may indicate economic downturn or structural issues.

Interpreting the unemployment rate requires considering various factors. A sudden increase in the unemployment rate might indicate a recession or economic instability. Conversely, a continuous decrease in the rate might signify economic growth and improved job prospects. However, a low unemployment rate alone does not necessarily imply a healthy labor market, as it may also result from discouraged workers dropping out of the labor force. Therefore, it is crucial to analyze other labor market indicators alongside the unemployment rate for a comprehensive understanding.

Our webpage provides valuable tools to help you thoroughly comprehend Turkey's unemployment rate dynamics. The current and historical data, presented in easy-to-read charts, allow you to observe the long-term trends and fluctuations over time. By visually analyzing the data, you can identify patterns, seasonal effects, and potential correlations with other economic factors.

In addition to the freely accessible data and charts, you also have the option to export the historical data for further analysis. We understand the importance of in-depth research and the need for customized analysis, so we provide this feature to assist you in conducting your own investigations.

Furthermore, to enhance your understanding of Turkey's unemployment rate, we offer MacroVar signals, trends, and analysis. MacroVar enriches your analysis by providing insightful signals and trends based on advanced analytics, helping you uncover hidden patterns and potential future developments. Incorporating these sophisticated analytic techniques allows for a deeper comprehension of the unemployment rate and its implications.

Whether you are an economist, researcher, student, or someone interested in the labor market dynamics of Turkey, our webpage equips you with the necessary tools to access and interpret the unemployment rate thoroughly. Stay informed, monitor trends, and gain valuable insights using our current and historical data, charts, and analytics. Start exploring today!

Turkey Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
BIST 100 BIST 7959.95 0.5 0.75 1.15663 53.9485 0.00777 0.01357 0.0329 0.665
Turkey ETF TUR 33.98 -1 0 0.06992 39.0073 -0.00498 -0.00118 -0.12445 0.24972
Turkish Lira US Dollar (TRY/USD) TRYUSD 28.3534 1 1 1.36292 87.9983 0.00107 0.0067 0.0286 0.52363
Turkey 10-Year Bond Yield TR.10Y 28.595 1 1 2.36663 81.1416 0.07906 0.10619 0.13653 1.74424
Turkey 5-Year Bond Yield TR.5Y 19.335 1 1 2.22517 60.2564 0.04064 0.09858 0.10234 -0.18383
Turkey 2-year bond yield TR.2Y 19.14 1 1 2.83189 82.44 6.22 11.21 45.33 6.1
Turkey Yield Curve TR.YC -7.08 0.5 -1 -2.35315 27.9508 0.25979 0.416 1.20561 3.75168
Turkey Credit Default Swaps CDS.Turkey 284 -1 -1 -1.8167 20.6882 0.00531 -0.0173 -0.16409 -0.45853
Turkey Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade tr.balanceoftrade -5920 -6518.77 -9 -33 UP UP 22 2023-11-30
banks balance sheet tr.banks.bs 23803800000 23333300000 2 62 UP UP 85 2024-01-31
building permits tr.buildingpermits 187442 65145 188 242 UP UP 97 2023-10-31
business confidence tr.bizconfidence 104.4 101.5 3 -1 UP Down 40 2024-03-31
capacity utilization tr.caputilization 76.2 77.5 -2 1 Down UP 63 2024-01-31
capital flows tr.capitalflows -4388 -4010 9 -60 Down UP 60 2024-01-31
car registrations tr.carregistrations 193600 213493 -9 78 Down UP 75 2024-02-29
cash reserve ratio tr.cashreserveratio 25 25 0 32 UP UP 72 2022-02-28
central bank balance sheet tr.cb.assets 6889690000 6861390000 0 99 Down Down 0 2024-02-29
consumer confidence tr.consconfidence 79.3 80.4 -1 -4 UP Down 38 2024-02-29
consumer price index cpi tr.cpi 2073.88 1984.02 5 67 UP UP 87 2024-02-29
core inflation rate tr.coreinflationrate 72.89 70.48 3 44 UP UP 55 2024-02-29
current account tr.currentaccount -2556 -2126 20 -75 UP UP 40 2024-01-31
current account to gdp tr.currentaccountgdp -5.4 -0.9 500 -7 Down UP 0 2022-01-31
deposit interest rate tr.depositrate 16 13.5 19 28 UP UP 77 2023-07-20
exports tr.exports 21090 19991.4 5 -11 Down Down 11 2024-03-31
external debt tr.externaldebt 482639 478399 1 11 UP UP 44 2023-09-30
fiscal expenditure tr.fiscalexp 689.9 767.97 -10 77 Down UP 67 2024-02-29
foreign exchange reserves tr.fxreserves 74890 77790 -4 -23 Down Down 4 2029-04-30
gdp tr.gdp 905.99 819.04 11 9 UP UP 0 2022-12-31
Real GDP tr.realgdp 604781000 597306000 1 18 UP UP 52 2023-12-31
gdp growth tr.gdpgrowth 1 0.3 233 -17 Down Down 73 2023-12-31
gdp growth annual tr.gdpgrowthan 4 6.1 -34 -38 Down Down 50 2023-12-31
gold reserves tr.goldres 540.19 478.97 13 -1 UP Down 5 2023-12-31
government budget tr.govbudget -5.4 -0.9 500 315 Down Down 0 2023-01-31
Government budget tr.govbudgetvalue -150.72 -842.53 -82 367 Down Down 87 2024-01-31
government debt tr.govdebt 6965150 6722640 4 65 UP UP 85 2024-02-29
government debt to gdp tr.govdebtgdp 31.7 41.8 -24 -21 Down Down 0 2022-01-31
government revenues tr.govrev 536.11 617.25 -13 145 UP UP 95 2024-02-29
housing index tr.housingindex 1190 1163.3 2 68 UP UP 60 2024-01-31
housing starts tr.housingstarts 21288 10117 110 135 UP UP 90 2023-10-31
imports tr.imports 28930 29389.9 -2 -6 Down Down 24 2023-11-30
industrial production tr.indproduction 1.6 0.1 1500 -900 UP UP 3 2023-12-31
industrial production mom tr.indproductionmm 0 2.8 -100 -100 Down Down 0 2024-01-31
inflation cpi tr.inflationcpi 67.07 64.86 3 16 UP UP 45 2024-01-31
interbank rate tr.interbankrate 15.63 15.63 0 0 Down Down 51 2023-08-15
interest rate tr.interestrate 17.5 15 17 25 UP UP 63 2023-07-20
lending rate tr.lendingrate 19 16.5 15 23 UP UP 67 2023-07-20
loans to private sector tr.loanprivate 5408520000 5277890000 2 45 UP UP 72 2024-01-31
long term unemployment rate tr.ltunemploymentrate 3.5 3.3 6 52 UP UP 0 2020-12-31
Manufacturing PMI tr.manpmi 50.2 49.2 2 0 UP UP 47 2024-02-29
money supply m1 tr.msm1 5049770000 4837360000 4 55 UP UP 49 2024-02-29
money supply m2 tr.msm2 13953000000 13751200000 1 61 UP UP 63 2024-02-29
money supply m3 tr.msm3 14510000000 14175500000 2 64 UP UP 72 2024-02-29
new home sales tr.newhomesales 28594 25263 13 22 Down UP 86 2024-02-29
Producer Price Index tr.producerprices 3149.03 3035.59 4 47 UP UP 68 2024-02-29
PPI Index tr.producerpricesch 47.29 44.2 7 -45 Down Down 38 2024-01-31
retail sales MoM tr.retailsales 2.6 1.6 62 -52 UP Down 0 2024-01-31
retail sales tr.retailsalesan 13.3 14 -5 -61 Down Down 43 2024-01-31
total vehicle sales tr.vehiclesales 105990 79701 33 31 Down UP 52 2024-02-29
unemployment rate tr.unemploymentrate 9 8.6 5 -12 Down Down 23 2023-11-30
youth unemployment rate tr.ytunemploymentrate 16.6 15.5 7 -16 Down Down 16 2024-01-31
foreign direct investment tr.fdi 399 804 -50 58 Down UP 80 2024-01-31
Construction Confidence tr.esi.constr -8.8 -11 -2000 -900 UP UP 5200 2024-01-22
Consumer Confidence tr.esi.cons -24.7 -25.4 -300 600 Down Down 4800 2024-01-22
Industrial Confidence tr.esi.man -1.3 -0.4 22500 -5800 Down UP 6200 2024-01-22
Retail Confidence tr.esi.ret 15.2 16.4 -700 -3000 Down Down 2500 2024-01-22
Services Confidence tr.esi.serv 18.1 20.3 -1100 -2900 Down Down 3700 2024-01-22
ESI - Economic Composite tr.esi.conf 97.7 101.1 -3 9 Down UP 73 2022-02-28