Compensation of employees in Türkiye
Türkiye: Compensation of employees was 3.65 trillion current LCU in 2024. ◆ Volatile
Compensation of employees in Türkiye, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for compensation of employees in Türkiye is 3.65 trillion current LCU, measured in 2024. That is the highest value across all 43 years on record.
The figure is up 95.7% on the previous year and up 2,356.4% over ten years.
Over the whole period, compensation of employees in Türkiye peaked at 3.65 trillion current LCU in 2024 and was at its lowest, 20,000 current LCU, in 1972.
That places Türkiye 23rd out of 156 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Compensation of employees in Türkiye, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 20,000 current LCU | — |
| 1973 | 25,000 current LCU | +25.0% |
| 1974 | 32,700 current LCU | +30.8% |
| 1975 | 43,100 current LCU | +31.8% |
| 1976 | 56,400 current LCU | +30.9% |
| 1977 | 75,000 current LCU | +33.0% |
| 1978 | 123,900 current LCU | +65.2% |
| 1979 | 212,200 current LCU | +71.3% |
| 1980 | 394,100 current LCU | +85.7% |
| 1981 | 463,700 current LCU | +17.7% |
| 1983 | 752,000 current LCU | +62.2% |
| 1984 | 998,100 current LCU | +32.7% |
| 1985 | 1.40 million current LCU | +40.8% |
| 1986 | 2.02 million current LCU | +44.0% |
| 1987 | 3.31 million current LCU | +63.6% |
| 1988 | 5.48 million current LCU | +65.5% |
| 1989 | 13.73 million current LCU | +150.7% |
| 1990 | 28.55 million current LCU | +107.9% |
| 1991 | 55.85 million current LCU | +95.6% |
| 1992 | 106.38 million current LCU | +90.5% |
| 1993 | 189.79 million current LCU | +78.4% |
| 1994 | 302.03 million current LCU | +59.1% |
| 1995 | 515.61 million current LCU | +70.7% |
| 1996 | 998.72 million current LCU | +93.7% |
| 1997 | 2.13 billion current LCU | +113.7% |
| 1998 | 3.97 billion current LCU | +86.0% |
| 2008 | 64.21 billion current LCU | +1517.1% |
| 2009 | 72.57 billion current LCU | +13.0% |
| 2010 | 84.62 billion current LCU | +16.6% |
| 2011 | 97.82 billion current LCU | +15.6% |
| 2012 | 115.05 billion current LCU | +17.6% |
| 2013 | 127.82 billion current LCU | +11.1% |
| 2014 | 148.75 billion current LCU | +16.4% |
| 2015 | 169.18 billion current LCU | +13.7% |
| 2016 | 201.59 billion current LCU | +19.2% |
| 2017 | 218.37 billion current LCU | +8.3% |
| 2018 | 278.24 billion current LCU | +27.4% |
| 2019 | 350.57 billion current LCU | +26.0% |
| 2020 | 410.03 billion current LCU | +17.0% |
| 2021 | 497.08 billion current LCU | +21.2% |
| 2022 | 870.68 billion current LCU | +75.2% |
| 2023 | 1.87 trillion current LCU | +114.4% |
| 2024 | 3.65 trillion current LCU | +95.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73,538 current LCU | 20,000 current LCU | 212,200 current LCU | 8 |
| 1980s | 3.17 million current LCU | 394,100 current LCU | 13.73 million current LCU | 9 |
| 1990s | 922.40 million current LCU | 28.55 million current LCU | 3.97 billion current LCU | 9 |
| 2000s | 68.39 billion current LCU | 64.21 billion current LCU | 72.57 billion current LCU | 2 |
| 2010s | 179.20 billion current LCU | 84.62 billion current LCU | 350.57 billion current LCU | 10 |
| 2020s | 1.46 trillion current LCU | 410.03 billion current LCU | 3.65 trillion current LCU | 5 |
Countries ranked near Türkiye
- 20 Russian Federation 4.53 trillion current LCU compare
- 21 India 4.32 trillion current LCU compare
- 22 Madagascar 3.92 trillion current LCU compare
- 24 Myanmar 3.42 trillion current LCU compare
- 25 Angola 3.18 trillion current LCU compare
- 26 Côte d'Ivoire 2.04 trillion current LCU compare
More public sector data for Türkiye
- Arms imports 381.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.46 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -43.89 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 381.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 292.08 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0184 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 27.59 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 24.98 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 882.24 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is compensation of employees in Türkiye?
- Compensation of employees in Türkiye was 3.65 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest compensation of employees recorded in Türkiye?
- The highest recorded value was 3.65 trillion current LCU in 2024.
- What is the lowest compensation of employees recorded in Türkiye?
- The lowest recorded value was 20,000 current LCU in 1972.
- How does Türkiye rank for compensation of employees?
- Türkiye ranks 23rd out of 156 countries with data for 2024.
- Is compensation of employees rising or falling in Türkiye?
- Over the last ten years it is up 2,356.4%. The long-run trend across the full record is volatile.
- Where does this Türkiye data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Compensation of employees (current LCU). Statizoid updates them automatically from the source API.
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About this data
Compensation of employees is defined as the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by the latter during the accounting period. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.