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Turkey's Economy

People transact at the exchange office in Istanbul, Turkey, on December 29, 2025. The minimum wage in Turkey increases by 27 percent. In dollar terms, this means the minimum wage increases by $140. The equivalent of the minimum wage at the beginning of the year is approximately $655. (Photo by Umit Turhan Coskun/NurPhoto)

Photo Details

Photo ID	#13140185
Date Taken	29 December 2025
Location	N/A
Photographer	Umit Turhan Coskun/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Umit Turhan Coskun/NurPhoto

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exchange office Istanbul Turkey December 29 2025 minimum wage increase 27 percent dollar terms $140 equivalent beginning of the year $655 Umit Turhan Coskun NurPhoto transaction economic change financial adjustment salary wage hike currency exchange economic policy inflation cost of living labor market employee income purchasing power economic impact monetary policy wage comparison currency value economic conditions financial news wage growth.

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