Editorial photo #13140190 Economy, Business and Finance

Turkey's Economy

People pass by a currency 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: #13140190
Date taken: 29 December 2025
Location: —
Photographer: Umit Turhan Coskun/NurPhoto
Category: Economy, Business and Finance

Related keywords

currency exchange Istanbul Turkey December 29 2025 minimum wage increased 27 percent dollar terms $140 equivalent beginning of the year approximately $655 Umit Turhan Coskun NurPhoto economic change wage hike financial impact Turkish economy labor market cost of living inflation income adjustment salary increase economic policy Turkish lira foreign exchange purchasing power economic growth wage comparison currency fluctuation standard of living wage reform economic conditions.