SALARY IN TURKEY
Turkey is located in the southeast of Europe and southwest Asia. It borders with Georgia, Armenia, Azerbaijan and Iran in the east, Iraq and Syria in the south, and Greece and Bulgaria in the west. The state has a great history, culture and traditions, mostly comfortable climate and beautiful nature.
The population of Turkey in 2020 is about 84.3 million people. Unemployment is around 13.8%. The vast majority of local residents (99%) are Muslim. Over 4 million Turkish citizens are not officially employed, and about 26 million are employed. Let's find out what salaries in Turkey in 2020.
Minimum salary in Turkey
According to the official information of the Turkish Ministry of Labor and Social Security, before taxes, the minimum wage in Turkey in 2020 is 2,943 liras per month, which is equivalent to $380. After tax deductions, an employee is left with 2,324.7 liras ($300). The rate is relevant for single employees or employees with a working spouse.
Note. For married employees with three children, the after-tax minimum wage in Turkey rises to 2,479 liras ($320). The annual severance pay is 6,730.15 liras ($865).
Compared to last year, Turkey's minimum wage increased by 384.6 liras, from 2,558.4 liras in 2019, to 2,943 liras in 2020. And over the past five years, Turkish workers have begun to earn 1,741.5 liras more. That is, the minimum wage rate has more than doubled. The daily minimum wage in Turkey in 2020 is 98.1 liras ($12.6).
Average salary in Turkey
According to Turkish statistical agencies and recruitment agencies, the average wage in Turkey in 2020 is 8,000 liras per month, which at the current exchange rate is $1,030. After taxes, the net income of a Turkish worker is 5,825 liras ($750). These figures are relevant for large metropolitan areas such as Istanbul and Ankara.
Important. According to the official information of the Turkish Statistical Institute, women in Turkey on average earn 46,208 liras ($5,950) per year, while men earn 50,297 liras ($6,475).
The highest annual average gross earnings in Turkey are recorded in the "Information and communication" economic activity sector at 100,467 liras. This is followed by the "Finance and insurance activities" sector at 95,314 liras. The lowest average annual gross income was achieved in the "Accommodation and catering services" sector at 35,172 liras, and in the "Administrative and auxiliary services" sector at 38,080 liras.
| Sector of economy | Turkish Liras per month | US Dollars per month |
| Information and communication | 7,492 | 965 |
| Financial and insurance | 6,559 | 845 |
| Education | 5,280 | 680 |
| Professional, scientific and technical activities | 4,888 | 630 |
| Mining and quarrying | 4,746 | 610 |
| Arts | 4,572 | 590 |
| Supply of electricity, gas, steam and air conditioning | 4,522 | 580 |
| Water, sanitation and waste management | 4,484 | 575 |
| Health and social work | 4,429 | 570 |
| Transport and storage | 4,054 | 520 |
| Manufacturing | 3,642 | 470 |
| Wholesale and retail trade | 3,514 | 450 |
| Real estate operations | 3,419 | 440 |
| Construction | 3,324 | 430 |
| Administrative and auxiliary services | 3,999 | 385 |
| Accommodation and catering | 2,872 | 370 |
| Other services | 3,807 | 490 |
Note. Information on average wages in Turkey by sector of Economy is based on current official data from the Turkish Statistical Institute.
In conclusion, we note that the income tax rate in Turkey varies from 15 to 35%. At a maximum rate of 35% is taxed on annual income over 120,000 liras, and at a minimum rate of 14% annual income up to 14,800 liras.
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