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

The Trend of Minimum Wage in Terms of Gold

Minimum wage is of critical importance in terms of labor and employment policies. In particular, examining the historical value of minimum wage in terms of gold is important for assessing the impact on the economic situation and inflation. In this article, we will discuss how the minimum wage has changed in terms of gold from 2004 to 2024.

Change of Minimum Wage in Terms of Gold from 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 highlight the changes in purchasing power of minimum wage.

Conclusion

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