Foreign Investor Guide
Reference: Presidency of the Republic of Turkey Investment office www.invest.gov.tr
QUALIFIED AND COST EFFECTIVE LABOR FORCE
QUALIFIED AND COST EFFECTIVE LABOR FORCE
With a workforce of 32.7 million people, Turkey constitutes Europe's third largest labor pool.
The young population of Turkey has contributed to the country's ranking higher than its competitors as the most important factor in the growth of the workforce. Turkey also achieved the highest growth in its workforce compared to EU countries.
Labor Force – 2018
Kaynak: OECD, Dünya Bankası, TÜİK
Annual Average Worker Productivity Increase (%)
The rapidly increasing number of universities in Turkey ensures that the number of university graduates in the country increases, enabling the young population and large workforce to turn into a qualified workforce.
- Over 6.7 million students in higher education
- Approximately 800,000 graduates per year from universities
- World-class engineering education
Number of Universities and University Graduates
Kaynak: YÖK
Qualified Labor force Availability – 2019
Source: IMD, IMD World Competitiveness Yearbook Executive Opinion Survey (0-10)
Competent Senior Managers – 2019
Source: IMD, IMD World Competitiveness Yearbook Executive Opinion Survey (0-10)
Qualified Engineers – 2019
Source: IMD, IMD World Competitiveness Yearbook Executive Opinion Survey (0-10)
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