How Much Money Does A Person Working In Ethiopia Make?

Distribution of Salaries in Ethiopia
Distribution of Salaries in Ethiopia

A person working in Ethiopia typically earns around $8,970 ETB per month. Salaries range from $1,210 ETB (lowest average) to $39,700 ETB (highest standard, the actual maximum wage is higher).

This is the average monthly salary, including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the pay of a particular job, see below for salaries for specific job titles.

 

Distribution of Salaries in Ethiopia

Distribution of Salaries in Ethiopia
Distribution of Salaries in Ethiopia

The median, the maximum, the minimum, and the range

 

Salary Range

Salaries in Ethiopia range from $1,210 ETB per month (minimum wage) to $39,700 ETB per month (maximum average salary, the actual maximum is higher).

 

Median Salary

The median salary is $9,150 ETB per month, which means that half (50%) of the population are earning less than $9,150 ETB while the other half are earning more than $9,150 ETB. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

 

Percentiles

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than $4,660 ETB while 75% of them are earning more than $4,660 ETB. Also, from the picture, 75% of the people are earning less than $24,900 ETB while 25% are earning more than $24,900 ETB.

 

Salary Comparison by Years of Experience

 

How does a person’s salary progress over time?

Salary Comparison By Experience Level
Salary/ Education

The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

 

Source: | Salary Explorer