Turkey Becomes the Country with the Lowest Minimum Wage in the EU

The data compiled from the European Statistics Office revealed that Turkey is at the bottom of the list in terms of minimum wage. The minimum wage in Turkey, which corresponds to 392 euros in January and 329 euros in October, has fallen behind even Bulgaria, which has the lowest minimum wage among the European Union countries.

The frequently increasing prices in the content we have shared with you recently and On the depreciation of the Turkish lira We have to inform. Now, unfortunately, we will talk about a similar development once again. Studies have shown that the minimum wage in Turkey has declined excessively, falling to the lowest levels in Europe reveals.

Emre Deveci from Sözcü, European Statistical Office (Eurostat) compiled the data and the analyzes made, the gross minimum wage amount in Turkey, from January 1, 2021 to the present. 63 euro melted revealed. With the latest data, Turkey has become the country with the lowest minimum wage among the European Union countries. When countries that are not members of the European Union are included in the work, we are in the second place from the last.

Here is the minimum wage chart on the basis of countries

According to Eurostat’s data, the highest gross minimum wage in Europe is paid in Luxembourg and the amount is 2,202 euros. The country with the lowest minimum wage in the European Union is Bulgaria with 332 euros. As of January 1, 2021, Turkey gives a gross minimum wage of 3 thousand 577 TL, which is according to the exchange rate of the day. 392 euros was doing. However, the euro rate, which has risen to 10.85 TL today, is less than the minimum wage. decreased to 329 euros reveals. So the minimum wage at the beginning of 2021 is as of October 20. 16 percent in melted condition. According to these figures, we are the second country in Europe with the lowest minimum wage after Albania.

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The gross salary statement reveals the non-tax-deducted state of the salaries. Business net on salary, that is, when it comes to the remaining part after all deductions are removed, it goes into the pocket of a citizen who receives the minimum wage. 260 euros money around. In the meantime, let us state that according to the data of the Social Security Institution, the number of minimum wage workers in Turkey in 2016 was 41 percent.

Source :
https://www.sozcu.com.tr/2021/ekonomi/turkiye-asgari-ucrette-bulgaristanin-da-gerisine-duserek-avrupanin-dibine-yerlesti-6717794/


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