As of January 2024, the net minimum wage in Turkey amounted to *** euros per month. The figure went up **** percent compared to the corresponding period of the previous year. Over the observed time, the minimum wage in the country saw an increase.
The monthly net minimum wage in Turkey doubled in 2024 compared to the amount in 2023, reaching ****** Turkish lira. This equaled approximately *** euros according to the exchange rate on April 29, 2024. Labor market dynamics: increasing participation rate The increase in Turkey's monthly net minimum wage aligns with the country's labor force participation rate, which reached a peak of ***** percent in 2022. Furthermore, in 2023, the country experienced a notable decrease in the youth unemployment rate, recording one of the lowest figures in the past twenty years. This surge in labor participation and youth employment indicates a growing pool of economically active individuals, potentially influenced by the substantial rise in the minimum wage. Shifts in sectoral employment Turkey underwent a significant transformation in sectoral employment over the last decade. From 2014 to 2023, both the agricultural and the construction sector experienced a constant decline in employment figures. Meanwhile, the service sector reached a peak level of employment as of 2023. That year, the service sector occupied the highest share of total employment, accounting for nearly ** percent. This reflects the ongoing structural changes in the Turkish economy, where the service sector has emerged as the largest employer.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Minimum Wages in Turkey increased to 26005.50 TRY/Month in 2025 from 20002.50 TRY/Month in 2024. This dataset provides the latest reported value for - Turkey Minimum Monthly Wage - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
TR: Monthly Minimum Wage data was reported at 708.000 EUR in Jun 2025. This records an increase from the previous number of 568.000 EUR for Dec 2024. TR: Monthly Minimum Wage data is updated semiannually, averaging 362.000 EUR from Jun 1999 (Median) to Jun 2025, with 53 observations. The data reached an all-time high of 708.000 EUR in Jun 2025 and a record low of 157.000 EUR in Dec 2001. TR: Monthly Minimum Wage data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Turkey – Table TR.Eurostat: Monthly Minimum Wage.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
As of January 2024, the net minimum wage in Turkey amounted to *** euros per month. The figure went up **** percent compared to the corresponding period of the previous year. Over the observed time, the minimum wage in the country saw an increase.