Turkey

Asia · Turkish lira (TRY) · 85.9 million people

Inflation

34.9%

▼ 23.6 pt vs 2024 · 2025

Interest rate

37.00%

No change since Jan 2026

GDP per person

US$18,599

2025

Inflation

Inflation was 34.9% in 2025, down from 58.5% in 2024.

Annual averages, consumer prices. No monthly series is available.

Exchange rates

Closing rates on 6 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2026

₺33,030 a month

about US$672

Average annual wage

2024 · US dollars at purchasing power parity

US$57,300

Median household disposable income

2022

₺62,700 a year

Wages and income are OECD figures. Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$45,300

Population

2025

85.9 million

▲ 0.4% vs 2024

Sources and method

Figures from the World Bank, the Bank for International Settlements, ILOSTAT and the OECD. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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