Average Salary in Kuwait by 2024 | Cost of Living

Average Salary in Kuwait by 2024 | Cost of Living

The salary structure in Kuwait 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 Kuwait to 2024, highlighting the compensation landscape.

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

Salary in Kuwait by Year and Month

We’ve recently conducted surveys in Kuwait, 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 Kuwait based on our survey results

Annual
Salary
Lowest
4,440 KWD
Average
17,020 KWD
Maximum
66,180 KWD

In the table above, we’ve meticulously outlined the annual salary statistics for Kuwait, 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 Kuwait, aiding your understanding of this dynamic economic landscape.

Monthly
Salary
Lowest
370 KWD
Average
1,418 KWD
Maximum
5,515 KWD

Comparison of Salaries in Kuwait Cities

As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Kuwait. 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)
Kuwait City5,200 KWD
Al Jahrā’4,900 KWD
Abū Ḩulayfah5,200 KWD
Al Aḩmadī4,800 KWD
Ar Riqqah4,200 KWD
Al Bida‘5,000 KWD
Al Farwānīyah2,500 KWD
Abraq Khayţān1,700 KWD
Al ‘Udaylīyah2,600 KWD
Al ‘Abbāsīyah3,500 KWD
Ash Shadādīyah4,400 KWD
An Nijfah4,300 KWD
Al Quşūr3,200 KWD
Mishrif4,100 KWD
Al Massīlah3,000 KWD
Al Funayţīs1,900 KWD
Al Maqwa‘1,800 KWD
An Nuqayyāt1,700 KWD
Duwaydāt1,000 KWD
Aţ Ţawīl1,100 KWD
Al Qurayn1400 KWD
Al ‘Uqaylah1,300 KWD
Aḑ Ḑibā‘īyah1,200 KWD
‘Urayfijān1,100 KWD
Ash Shu‘aybah2,000 KWD
Az Zawr3,000 KWD
Umm Qaşbah2,900 KWD
Aş Şabāḩīyah2,700 KWD
Al Qulay‘ah2,650 KWD
Manīfah2,550 KWD
Al Manqaf2,170 KWD
Mubārak al Kabīr1,990 KWD
Şubayḩīyah1,870 KWD
Ju‘aydān1,290 KWD

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 Kuwait

As mentioned earlier, salary in Kuwait often depends on experience. The minimum and starting monthly salary in Kuwait is 370 KWD, with variations based on one’s experience level. Notably, 26% of Kuwait’s population earns a basic salary of 370 KWD per month, which includes most of the labor.

  • Average Salary in Kuwait

As previously discussed, salaries in Kuwait exhibit variations in line with experience. The median/average monthly salary in Kuwait stands at 1,418 KWD, 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 Kuwait

Continuing our exploration of salary dynamics in Kuwait, we turn to maximum earnings. The maximum monthly salary in Kuwait reaches 5,515 KWD 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 Kuwait.

Read More: How To Calculate Leave Salary In UAE | Step-by-Step Guide

Salary Comparison by Experience in Kuwait

Securing a competitive salary in any sector or organization hinges on valuable work experience, and Kuwait is no exception. In Kuwait’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 Kuwait’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 Kuwait

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

  • Illiterate Salary in Kuwait

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

  • High School Graduates Salary in Kuwait

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

  • Certificate or Diploma Holders Salary in Kuwait

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 Kuwait

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 Kuwait

While those with a Bachelor’s Degree experience impressive earnings, those who have earned a Ph.D. receive a noteworthy 22% boost in income compared to Bachelor’s Degree holders. This data underscores the substantial impact of education on income levels in Kuwait.

Read More: Average Salary in Mauritania by 2024

Salary Comparison By Gender in Kuwait

Experience YearIncrease in income
Male6% more than Females
Female6% less than men

Men generally earn 6% more than women, which shows that Males earn more than Females. Conversely, Females earn 6% less than males in Kuwait. 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 Kuwait

In Kuwait, 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 Kuwait professions and their salaries:

ProfessionSalary (by month in 2024)
Doctors6,500 KWD
Engineers5,530 KWD
IT Professionals8,400 KWD
Investment Bankers4,600 KWD
Pilots7,300 KWD
Management Consultants6,450 KWD
Lawyers4,270 KWD
Dentists5,100 KWD
Pharmacists6,100 KWD
Labor600 KWD
Accountant900 KWD
Architect1,430 KWD
Barber700 KWD
Chef570 KWD
Electrician500 KWD
Fashion Designer1,210 KWD
Financial Analyst1,216 KWD
Firefighter1,300 KWD
Graphic Designer1,800 KWD
Human Resources Manager1,110 KWD
Journalist1,900 KWD
Judge8,500 KWD
Marketing Manager1,300 KWD
Nurse1,100 KWD
Occupational Therapist940 KWD
Painter900 KWD
Police Officer800 KWD
Real Estate Agent998 KWD
School Teacher476 KWD
Technical Writer160 KWD

Bonuses on Salary in Kuwait

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.

Read More: The Average Salary in Egypt for 2024

FAQs

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

The average hourly wage in Kuwait stands at 22.9 KWD, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 1.5 KWD, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Kuwait.

How much is the government vs private sector salary difference?

There exists an approximately 5% salary disparity between government and private sector employment in Kuwait. Government employees tend to enjoy a 5% salary advantage, accompanied by additional benefits such as housing and car allowances. This discrepancy reflects the variations in compensation packages and perks often extended to those in public service roles in Kuwait.

What is the cost of living in Kuwait in 2024?

In 2024, there are various costs of living in Kuwait some of which are mentioned below:

1)
Monthly rent for accommodation ranges from 30 KWD to 200 KWD.

2) Grocery expenses range from KWD 5 to KWD 20 for an individual or a family of four.

3) Meals cost between KWD 2 to KWD 8 + per person.

4) Transportation includes a monthly pass of 3 KWD-18 KWD and a taxi ride of 1-10 KWD.

5) Utilities can total KWD 90-900 per month, phone bills KWD 10-50, gym memberships KWD 5-32, and movie tickets KWD 1-9 per person.

Kuwait offers relatively cheap living, yet careful budgeting is advised, as individual circumstances can make a difference in costs.

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