Türkiye’s minimum wage debates amid global comparisons
As discussions on minimum wage continue in Türkiye, the country’s global position is increasingly under scrutiny. Compared to BRICS nations, all of which have minimum wages below $412, Türkiye stands out with a minimum wage of $515, the highest among these countries. However, in Europe, Türkiye ranks second to last with a minimum wage equivalent to 480 euros, highlighting significant disparities across different regions.
Despite ongoing debates, the government has announced there will be no “interim increase.” Nevertheless, unions like DISK, TURK-IS, and HAK-IS held a joint press conference last week, demanding an immediate wage increase through a 10-point declaration.
In Türkiye, the six-month inflation rate surged to 24.73%, leading to a corresponding rise in retiree benefits. Concurrently, salaries for civil servants and retired civil servants saw a 19.31% increase.
Continuation at ₺17,000 for minimum wage
For the past two years, the minimum wage, which has seen interim increases, currently stands at a net ₺17,000. If no interim increase occurs, this amount will remain unchanged until the end of the year. Recently, Treasury and Finance Minister Mehmet Simsek stated that the minimum wage in dollar terms is “not at low levels” compared to similar countries.
Minimum wage comparison
Region / Country | Minimum wage ($) | Minimum wage (€) | Remarks |
---|---|---|---|
Türkiye | 515 | 480 | Second lowest in Europe |
BRICS Countries | |||
Russia | 218 | 200 | Lowest among BRICS |
South Africa | 248 | 228 | |
Indonesia | 325 | 299 | |
China | 370 | 340 | |
Brazil | 412 | 379 | Highest among BRICS |
European Countries | |||
Bulgaria | – | 477 | Lowest in Europe |
Romania | – | 663 | |
Hungary | — | 697 | |
Lithuania | – | 700 | |
Slovakia | – | 750 | Highest among lowest 5 in Europe |
Other Countries | |||
Morocco | 344 | 316 | |
Georgia | 299 | 275 | |
Mexico | 271 | 249 | |
Azerbaijan | 221 | 203 | |
Ukraine | 192 | 177 | |
Tunisia | 174 | 160 | |
Egypt | 136 | 125 |
When compared to neighboring countries and other developing nations, Türkiye’s minimum wage appears relatively higher.