What is the average income in Turkey in US dollars?

The average income in Turkey in US dollars is an important question for anyone considering a move to the country, or anyone interested in the economic wellbeing of its citizens. According to the World Bank, the average income in Turkey in US dollars is officially estimated to be $9,663.05 in 2018. This number, however, is slightly higher than the average income in Turkey in Turkish lira, which was estimated to be 37,555.76 TL.

Average salaries in Turkey vary from industry to industry, and the most recent figures indicate that the highest paid professions in the country are engineering, finance and management, followed by IT and law. The lowest paid profession is agriculture, followed by hospitality and tourism. In terms of city, people living in Istanbul tend to make more money in US dollars than those living in other cities.

The cost of living in Turkey is considered to be relatively low, but it is important to note that prices can vary significantly from region to region. In Istanbul, for instance, the cost of living is much higher than in other parts of the country, and the cost of housing is especially high. The minimum wage in Turkey is $386.27 per month, which is a third of the average income.

Overall, the average income in Turkey in US dollars is relatively low compared to other developed countries, but individuals with the right qualifications and experience can make significantly more than the average. In addition, the cost of living in Turkey is significantly lower than in other countries, making it possible to live comfortably despite the lower wages.

Average Income in Turkey in US Dollars: A Comprehensive Overview

Most people are curious to know about the average income of Turkey in US dollars. This article provides a comprehensive overview of the average income in Turkey in US dollars.

The average income of Turkish citizens in US dollars is lower than the average income of citizens in other countries. According to the latest data, the average monthly income of a Turkish citizen in US dollars is $1,091.30. The average annual income in US dollars is $13,095.60. The average disposable income of Turkish citizens in US dollars is $14,483.20.

The average income of people living in urban areas in US dollars is higher than the average income of people living in rural areas. The average monthly income of a Turkish citizen living in an urban area in US dollars is $1,167.50 while the average monthly income of a Turkish citizen living in a rural area in US dollars is $945.10. The average annual income in US dollars for people living in urban areas is $14,010 while the average annual income in US dollars for people living in rural areas is $11,341.20.

The amount of income varies depending on the occupation and sector. The table below shows the average income in US dollars of some of the most common occupations in Turkey:

The average income in US dollars of people living in the cities of Istanbul, Ankara, and Izmir is also higher than the average income of people living in other cities in Turkey. The table below shows the average income of citizens living in these cities in US dollars:

The average income of Turkish citizens in US dollars is lower than the average income of citizens in other countries. However, the gap between the average income of people living in different parts of Turkey is narrowing. The average income in US dollars of people living in the cities of Istanbul, Ankara, and Izmir is higher than the average income of people living in other cities in Turkey.

How Much Money Do People in Turkey Make on Average?

Turkey is a thriving economy located in the Eastern Mediterranean. It has been one of the fastest-growing economies in Europe and is home to over 80 million people. With economic growth comes greater income opportunities, and with that in mind, let’s look at how much money people in Turkey make on average.

According to the World Bank, the average income in Turkey in US dollars is $4,450.00 per year. This figure is significantly lower than the average income in the United States, which is around $58,000 per year. However, it should be noted that Turkey’s cost of living is much lower than that of the United States, meaning that the average income of $4,450.00 per year is generally sufficient for a decent standard of living.

It should also be noted that income levels in Turkey vary greatly depending on the region, with the country’s wealthier provinces boasting average incomes of around $8,000 per year. In more rural areas, however, incomes tend to be much lower, with average incomes of around $2,500 per year.

Income levels in Turkey are also largely affected by age, with those aged 65 or over having an average income of just $1,700 per year, while those aged between 25 and 64 have an average income of $4,800 per year. It should also be noted that the average income for men in Turkey is $4,675 per year, while the average income for women is $4,225 per year.

In terms of sector-specific incomes, those in the manufacturing sector tend to have an average income of $4,600 per year, while those in the financial services sector have an average income of around $8,500 per year. The highest earners in Turkey, however, tend to be those working in the IT sector, with an average income of around $12,400 per year.

The table below provides an overview of average incomes in Turkey in US dollars, by sector:

In conclusion, the average income in Turkey in US dollars is $4,450 per year. However, incomes in Turkey vary widely depending on the region, age, and sector of employment. Those in the IT sector tend to have the highest average income, while those in more rural areas tend to have much lower incomes.