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Will there be public protests in Turkey against the minimum wage increase by March 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
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Turkey Increases Minimum Wage by 30% to 22,104 Lira ($628) for 2025, Effective January 1
Dec 24, 2024, 05:42 PM
Turkey has announced a 30% increase in the minimum wage for 2025, setting it at 22,104 Turkish lira ($628) effective from January 1, 2025. The decision was disclosed by Labor and Social Security Minister Vedat Işıkhan following the fourth meeting of the Minimum Wage Determination Commission. This adjustment marks a significant rise from the previous year's minimum wage, reflecting efforts to address economic conditions and inflation.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
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Yes • 50%
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Yes • 50%
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Less than 22,104 TL • 25%
22,104 TL to 25,000 TL • 25%
25,001 TL to 29,583 TL • 25%
More than 29,583 TL • 25%
Yes • 50%
No • 50%
