Economy in Turkey: Income Inequality Deepens, Middle Class Disappears

The Poor Are Getting Poorer

A large part of society is facing severe financial hardship. Retirees eagerly await small increases to their pensions. A significant portion of the population works for minimum wage, and small business owners are also struggling. For the majority, daily life is becoming increasingly difficult.

The Rich Are Getting Richer
While economic troubles grow, a small segment of society continues to accumulate wealth. Income distribution data reveals that the top earners are receiving a larger share of total income, while the broader population is experiencing income loss.

The Middle Class Is Fading Away
The once-stable middle class, long seen as the backbone of society, is rapidly shrinking. Many now find themselves squeezed between poverty and wealth, losing both economic and social footing.

An Unfair Distribution
The poorest groups receive a very small share of total income, while the richest group’s share is nearly the same. A large part of society is left with little, while a small minority takes the lion’s share.

Stark Realities
As the lowest-income groups struggle to survive, the richest continue to see sharp increases in their earnings. This growing gap clearly illustrates the worsening income inequality in the country.