EUR
enTurkey predicts double increase of minimum pensions and wages in January 2024
October 31, 2023
Based on inflation data for the last 6 months, experts expect the minimum wage and minimum pension to increase by 50%. It is expected that in January the minimum pension will be increased from 7,500 liras to 11,250 liras ($400) and the minimum wage from 11,402 liras to 17,103 liras ($607).
Currently, the minimum living wage per working person is 17,803 liras ($632). The poverty threshold for a single person is 13,684 liras (486), for a family of two adults and two children is 44,573 liras ($1,583).
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