Monthly Minimum Wage Rises By 55% For 2023 In Turkey Doubling in one year

22nd December 2022

Turkey's monthly minimum wage will be 8,506.80 lira ($455) in 2023, announced today Thursday 22 December 22022, marking a 55% increase from the level in July. This doubles the rate from January.

Speaking at a news conference earlier, President Tayyip Erdogan said minimum wage may be hiked again throughout the year if necessary. Annual inflation hit 85% in recent months but has begun to ease slightly.