The labour costs in the food and beverages sector in Turkey have seen consistent increases over the years. Specifically, from a base of 42.48 Billion New Turkish Liras in 2023, the costs rose by 3.91% in 2024 to 44.14 Billion New Turkish Liras. The forecasted year-on-year growth continues, with labour costs expected to reach 46.0 Billion New Turkish Liras in 2025, reflecting an increase of 4.21%. This upward trend is projected to persist, with further increases of 3.93% in 2026, 3.73% in 2027, and 3.52% in 2028, reaching 51.34 Billion New Turkish Liras.
- 2024: 44.14 Billion New Turkish Liras (3.91% increase from 2023)
- 2025: 46.0 Billion New Turkish Liras (4.21% increase from 2024)
- 2026: 47.81 Billion New Turkish Liras (3.93% increase from 2025)
- 2027: 49.59 Billion New Turkish Liras (3.73% increase from 2026)
- 2028: 51.34 Billion New Turkish Liras (3.52% increase from 2027)
Future trends to watch for include potential impacts of inflation, changes in labour laws, and economic shifts that may influence wage growth and labour cost structures in the food and beverages industry. Additionally, technological advancements and automation could alter the trajectory of these costs significantly.
