Forecast: Number of Employees in Non-Specialized Wholesale Trade Sector in Turkey

The number of employees in the non-specialized wholesale trade sector in Turkey has demonstrated a general upward trend from 2013 to 2023. Specifically, the sector saw remarkable growth starting from 2017, culminating in a steady annual increase up to 2023, where it stood at 27.46 thousand employees. The year-on-year increase for the last two years, 2022 and 2023, were 2.89% and 2.79%, respectively. Over the past five years leading to 2023, the Compound Annual Growth Rate (CAGR) has been 3.36%.

Looking ahead, from 2024 onwards, the forecasted data suggests continued growth, with the number of employees expected to reach 31.13 thousand by 2028, representing an average annual growth rate of approximately 2%. The forecasted five-year growth rate is projected to be around 10.39%.

Future trends to watch for include potential market fluctuations due to economic policies, technological advancements influencing operational efficiencies, and broader macroeconomic factors that could impact the non-specialized wholesale trade sector's employment dynamics in Turkey.