Change of Minimum Wage in Terms of Gold: From 2004 to 2024

Trend of Minimum Wage in Gold

The minimum wage is critically important for worker and employment policies. In particular, examining the past years' minimum wage in terms of gold is essential for evaluating economic conditions and the effects on inflation. In this article, we will discuss how the minimum wage in gold terms has changed from 2004 to 2024.

Change of Minimum Wage in Gold from the Past to Present

• 2004: 27.7 grams of gold
• 2005: 31.5 grams of gold
• 2006: 23.6 grams of gold
• 2007: 24.2 grams of gold
• 2008: 23.6 grams of gold
• 2009: 19.3 grams of gold
• 2010: 17.3 grams of gold
• 2011: 13.2 grams of gold
• 2012: 13 grams of gold
• 2013: 15.8 grams of gold
• 2014: 17.1 grams of gold
• 2015: 16.9 grams of gold
• 2016: 19.3 grams of gold
• 2017: 17 grams of gold
• 2018: 14.1 grams of gold
• 2019: 13.8 grams of gold
• 2020: 10 grams of gold
• 2021: 9.6 grams of gold
• 2022: 8.9 grams of gold
• 2023: 11.2 grams of gold
• 2024: 11.2 grams of gold

These figures are based on the research report prepared by DİSK-AR and illustrate the changes in the purchasing power of the minimum wage.

Conclusion

The change of the minimum wage in gold is influenced by many factors such as economic conditions, inflation rates, and fluctuations in exchange rates. Therefore, accessing up-to-date data is vital to protect the purchasing power of the working class.