Skip to main content

Key Facts: Turkey vs Faroe Islands Wages

Turkey Minimum Wage
₺164.94/hr ($3.59 USD)
Faroe Islands Minimum Wage
No statutory minimum wage
Turkey Avg. Gross Monthly Salary
₺25,482 /mo ($555.24 USD)
Faroe Islands Avg. Gross Monthly Salary
kr34,278 /mo ($5,341.42 USD)
Data Sources
Ministry of Labour and Social Security (Çalışma ve Sosyal Güvenlik Bakanlığı); 2026 figure announced by Minister Vedat Işıkhan, verified via Daily Sabah (dailysabah.com) (2026-05-04), Statistics Faroe Islands (hagstova.fo) (2026-05-04)

Turkey flag Turkey Faroe Islands flag Faroe Islands

Updated 2026-05-04

Turkey flag Turkey

Minimum Wage

₺164.94 /hr

$3.59 USD

Avg. Gross Salary

₺25,482 /mo

Faroe Islands flag Faroe Islands

No statutory minimum wage

Avg. Gross Salary

kr34,278 /mo

Avg. salary: -90% Turkey vs Faroe Islands

Unlike Faroe Islands, which has no statutory minimum wage, Turkey mandates a wage floor of $4/hr. Average gross salaries diverge further: $555/mo in Turkey versus $5,341/mo in Faroe Islands, a 9.6:1 ratio.

Detailed Comparison

Detailed wage comparison between Turkey and Faroe Islands
Metric Turkey Faroe Islands
Minimum wage /hr ₺164.94 $3.59 None
Minimum wage /mo ₺33,030 $719.70 None
Minimum wage /yr ₺396,360 $8,636.42 None
Avg. gross salary /mo ₺25,482 /mo $555.24 kr34,278 /mo $5,341.42
Avg. net salary /mo ₺20,021 /mo $436.24 N/A/mo

Percentage differences are based on USD equivalent values. Positive means Turkey is higher.

Work Week

Turkey

45 hrs/wk standard

Max 45 hrs/wk

Overtime : 1.5x pay

Standard workweek is 45 hours under the Labour Act (No. 4857). Can be distributed unevenly across days of the week, but no more than 11 hours/day. Overtime is limited to 270 hours/year. Overtime premium is 50%; weekend/holiday work is at 100% premium if the worker does not get a substitute rest day.

Faroe Islands

40 hrs/wk standard

Max 48 hrs/wk

Overtime : 1.5x pay

Standard workweek is 40 hours. Working conditions governed by collective agreements.

What This Means for Workers

Standard work weeks differ: Turkey mandates 45 hours while Faroe Islands mandates 40 hours.

See this comparison from Faroe Islands's perspective: Faroe Islands vs Turkey

Compare Turkey with...

Frequently Asked Questions

Is the minimum wage higher in Turkey or Faroe Islands?

In Turkey, the minimum wage is ₺164.94/hr ($3.59 USD). In Faroe Islands, it is no statutory minimum wage.

How much less does the average worker earn in Turkey compared to Faroe Islands?

The average gross salary in Turkey is ₺25,482/mo ($555.24 USD), compared to kr34,278/mo ($5,341.42 USD) in Faroe Islands. In USD terms, workers in Turkey earn approximately 862% less. Average salaries reflect the full labor market, not just the minimum wage floor. The gap between Turkey and Faroe Islands is shaped by differences in industry composition, labor productivity, and the overall cost of living in each country. Workers in Faroe Islands earn more in nominal terms, though how far that income stretches depends on local prices in Turkey.

How do work hours compare between Turkey and Faroe Islands?

Turkey has a longer standard work week at 45 hours, compared to 40 hours in Faroe Islands. Workers in Turkey work 45 hours per week by law. Longer mandatory hours can offset a nominally higher wage; a worker in Faroe Islands working fewer hours may have comparable or better effective hourly earnings depending on the wage levels of each country. Total annual compensation depends on both the wage rate and the number of hours required.