Average Salary in Iraq by 2024 | Cost of Living

Average Salary in Iraq by 2024 | Cost of Living

The salary structure in Iraq for 2024 is designed to accommodate a variety of factors, including location, industry, and experience level. This article provides a comprehensive overview of the Average Salary in Iraq to 2024, highlighting the compensation landscape.

The Iraqi Dinar used to pay salaries in Iraq is known as IQD, and the currency symbol is ع.د. By considering these key elements, individuals can gain a better understanding of the dynamic job market in Iraq and make more informed decisions regarding their career and financial planning.

Salary in Iraq by Year and Month

We’ve recently conducted surveys in Iraq, and the valuable findings are conveniently presented in the table below. This data encompasses both monthly and annual salary information, offering you a comprehensive view of income trends in the region. Explore the details and gain insights into the economic landscape of Iraq based on our survey results

Annual
Salary
Lowest
6,216,700 IQD
Average
24,599,500 IQD
Maximum
109,800,200 IQD

In the table above, we’ve meticulously outlined the annual salary statistics for Iraq, offering a comprehensive view of income trends. Similarly, for a more detailed perspective on monthly earnings, we’ve provided a breakdown below. This dual presentation allows you to grasp both the bigger picture and the finer nuances of income structures in Iraq, aiding your understanding of this dynamic economic landscape.

Monthly
Salary
Lowest
518,058 IQD
Average
2,049,958 IQD
Maximum
9,150,016 IQD

Comparison of Salaries in Iraq Cities

As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Iraq. We now present a city-specific salary comparison, illustrating the diversity in compensation across the country.

It’s important to note that these figures represent average salaries, and actual earnings may vary depending on factors such as location, experience, and job role.

City NamesAverage Salary (by month in 2024)
Baghdad1,200,000 IQD
Erbil1,260,000 IQD
Mosul1,210,000 IQD
Najaf1,250,000 IQD
Karbala800,000 IQD
Kirkuk820,200 IQD
Basra750,000 IQD
Babylon7,700,900 IQD
Nineveh7,600,700 IQD
Samarra6,500,900 IQD
Ramadi6,400,890 IQD
Tikrit6,300,890 IQD
Nasiriyah6,200,500 IQD
Fallujah5,100,790 IQD
Baqubah5,000,890 IQD
Hatra5,900,810 IQD
Hillah6,800,543 IQD
Umm Qasr6,700,809 IQD
Beni Suef5,600,843 IQD
Halabja6,500,509 IQD
Tal Afar4,400,121 IQD
Uruk6,300,311 IQD
Nippur4,200,823 IQD
Lagash6,100,098 IQD
Zakho3,000,009 IQD

Salary Overview – Median, Max, Min Wage, Starting, and Ranges

In this informative section, we will delve into the percentage of individuals earning high and low salaries. Additionally, we will provide insights into starting, median, and maximum salary levels, offering a comprehensive understanding of income trends and their underlying factors.

  • Minimum Salary in Iraq

As mentioned earlier, salary in Iraq often depends on experience. The minimum and starting monthly salary in Iraq is 518,058 IQD, with variations based on one’s experience level. Notably, 26% of Iraq’s population earns a basic salary of 518,058 IQD per month, which includes most of the labor.

  • Average Salary in Iraq

As previously discussed, salaries in Iraq exhibit variations in line with experience. The median/average monthly salary in Iraq stands at 2,049,958 IQD, with a quarter of the population, approximately 28%, earning this figure.

This median wage serves as a crucial benchmark for salary comparisons, considering the diverse experience levels within the workforce.

  • Maximum Salary in Iraq

Continuing our exploration of salary dynamics in Iraq, we turn to maximum earnings. The maximum monthly salary in Iraq reaches 9,150,016 IQD including employees of some famous private companies and government officials.

Specifically, about 46% of the population falls within this range. Understanding this upper limit provides valuable insight into the earning potential of a significant portion of the workforce in Iraq.

Read More: Average Salary in the United Arab Emirates for 2024

Salary Comparison by Experience in Iraq

Securing a competitive salary in any sector or organization hinges on valuable work experience, and Iraq is no exception. In Iraq’s employment landscape, individuals without prior experience typically receive the minimum wage. However, those with 1 to 5 years of experience enjoy an 8% pay increase, while those with 6 to 10 years see a 15% boost in earnings.

For professionals boasting 11 to 20 years of experience, the premium extends to 20%, and those with over 21 years of expertise are rewarded with a substantial 27% salary enhancement. This structured approach to compensation demonstrates Iraq’s recognition of the significance of experience in determining wages.

Experience YearIncrease in income
0 Years Experiencelowest Income
1-5 years of experience8% Boosted
6-10 years of experience15% Boosted
11-20 years of experience20% Boosted
More than 21 years of experience27% Boosted

Salary Comparison by Education in Iraq

In examining the correlation between education levels and income in Iraq, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:

  • Illiterate Salary in Iraq

This group typically receives the Lowest salary, with no significant income increase associated with education.

  • High School Graduates Salary in Iraq

Those who completed high school outperform the illiterate population, enjoying a notable 16% salary increase.

  • Certificate or Diploma Holders Salary in Iraq

Individuals with a certificate or diploma go a step further, securing a substantial 23% higher income compared to high school graduates.

  • Bachelor’s Degree Holders Salary in Iraq

Pursuing a Bachelor’s Degree significantly enhances earning potential, as these professionals make 28% more than those with a certificate or diploma.

  • Ph.D. Holders Salary in Iraq

While those with a Bachelor’s Degree experience impressive earnings, those who have earned a Ph.D. receive a noteworthy 21% boost in income compared to Bachelor’s Degree holders. This data underscores the substantial impact of education on income levels in Iraq.

Read More: Top 25 Arab Countries Average Salary | Complete Guide for 2024

Salary Comparison By Gender in Iraq

Experience YearIncrease in income
Male9% more than Females
Female9% less than men

Men generally earn 9% more than women, which shows that Males earn more than Females. Conversely, Females earn 9% less than males in Iraq. These disparities underscore ongoing challenges in achieving gender wage equality. Addressing these gaps is crucial for creating a fair and equitable work environment that values the contributions of both males and females, ensuring equal opportunities and rewards for all.

Salary Comparison By Professions in Iraq

In Iraq, a diverse array of professions flourish, each offering unique opportunities and salary structures. Understanding the monthly earnings associated with these occupations can be extremely helpful for individuals seeking employment or considering a career change in this dynamic and growing economy.

Below are some of the Iraq professions and their salaries:

ProfessionSalary (by month in 2024)
Doctors56,500,900 IQD
Engineers55,530,900 IQD
IT Professionals88,400,790 IQD
Investment Bankers86,600,000 IQD
Pilots77,300,000 IQD
Management Consultants15,450,000 IQD
Lawyers54,270,000 IQD
Dentists5,100,000 IQD
Pharmacists6,100,000 IQD
Labor2,600,000 IQD
Accountant4,200,000 IQD
Architect6,430,000 IQD
Barber4,800,000 IQD
Chef4,570,000 IQD
Electrician4,500,000 IQD
Fashion Designer7,210,000 IQD
Financial Analyst9,216,000 IQD
Firefighter6,300,000 IQD
Graphic Designer6,800,000 IQD
Human Resources Manager4,110,000 IQD
Journalist10,900,000 IQD
Judge11,500,000 IQD
Marketing Manager8,300,000 IQD
Nurse4,100,000 IQD
Occupational Therapist3,540,000 IQD
Painter4,000,000 IQD
Police Officer9,800,000 IQD
Real Estate Agent5,208,000 IQD
School Teacher7,476,000 IQD
Technical Writer9,160,000 IQD

Bonuses on Salary in Iraq

Several types of bonuses are considered in employment:

  1. Individual Performance-Based Bonuses: Employees receive rewards based on their exceptional performance.
  2. Company Performance Bonuses: Some companies share excess earnings and profits with all staff as collective bonuses, varying by role.
  3. Goal-Based Bonuses: Given upon achieving significant goals or milestones.
  4. Holiday / End of Year Bonuses: These are appreciation tokens offered without specific reasons or occasions.

FAQs

What is the average hourly, and minimum hourly wage in Iraq?

The average hourly wage in Iraq stands at 38,125 IQD, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 2,158 IQD, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Iraq.

How much is the government vs private sector salary difference?

There exists an approximately 10% salary disparity between government and private sector employment in Iraq. Government employees tend to enjoy a 10% salary advantage, accompanied by additional benefits such as housing and car allowances. This discrepancy reflects the variations in compensation packages and perks that are often extended to those in public service roles in Iraq.

What is the cost of living in Iraq in 2024?

In 2024, living in Iraq entails various costs. For accommodation, monthly rent ranges from 511,000 IQD to 1,181,000 IQD. Grocery expenses vary from 185,200 IQD to 831,000 IQD for a single person or a family of four. Dining out costs between 100,000 IQD to 200,000 IQD + per person.

Transportation includes a monthly pass for 200,000 IQD-450,000 IQD, and taxi rides for 15,000-55,000 IQD. Utilities may total 30,000 IQD-90,000 IQD per month, phone bills 8000 IQD-19,000 IQD, gym memberships 21,220 IQD-31,200 IQD, and movie tickets 9,000-50,000 per person IQD.

Iraq offers relatively affordable living, yet careful budgeting is advised, as individual circumstances may lead to variations in costs.

Follow Us

If you’ve enjoyed our topic today, kindly support us by following our social media pages (Twitter, Facebook, and Instagram). Stay updated on our latest content and join our community. Your engagement fuels our mission to provide valuable information and insights.

Thank you for being part of our online network!