Expected Salary Increases in Türkiye at the Beginning of Next Year
Recent estimates have indicated expectations of salary increases in Türkiye at the beginning of next year.
This comes after the Central Bank of Türkiye revised its annual inflation forecasts, which showed changes in the projected scenarios for the anticipated salary raises in January.
According to the new estimates, retirees may receive an increase of up to 14%, while the salaries of public-sector employees are expected to rise by approximately 20.5%.
Based on these figures, the minimum salary for government employees is likely to exceed 61,000 TRY, whereas the minimum pension for retirees is expected to reach around 19,000 TRY.
It is worth noting that the minimum wage in Türkiye has been set at 22,104 TRY for the year 2025, meaning that the lowest possible wage in the country starts at approximately 540 USD, based on an exchange rate of 1 USD = 41 TRY. With the new adjustments, the minimum wage is anticipated to increase by 30%, reaching approximately 28,000 TRY.
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