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

The Trend of Minimum Wage in Terms of Gold

The minimum wage holds critical importance in labor and employment policies. In particular, examining the past years' minimum wage in terms of gold is essential for assessing economic conditions and the effects of inflation. In this article, we will discuss how the minimum wage in terms of gold has changed 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

This data is based on the research report prepared by DİSK-AR and reveals changes in the purchasing power of the minimum wage.

Conclusion

The change of minimum wage in terms of 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 for protecting the purchasing power of the labor class.