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The Average Salary in Eritrea by 2024 | A Complete Guide

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

    The Eritrean Nakfa used to pay salaries in Eritrea is known as ERN, and the currency symbol is Nfk, نافكا, ናቕፋ‎. By considering these key elements, individuals can better understand Eritrea’s dynamic job market and make more informed decisions regarding their career and financial planning.

    Salary in Eritrea by Year and Month

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

    Annual
    Salary
    Lowest
    19,060 ERN
    Average
    82,160 ERN
    Maximum
    366,200 ERN
    Annual Salary in Eritrea

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

    Monthly
    Salary
    Lowest
    1,588 ERN
    Average
    6,846 ERN
    Maximum
    30,516 ERN
    Monthly Salary in Eritrea

    Comparison of Salaries in Eritrea Cities

    As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Eritrea. We now present a city-specific salary comparison, illustrating the diversity in compensation nationwide. It’s important to note that these figures represent average salaries, and actual earnings may vary depending on location, experience, and job role.

    City NamesAverage Salary (by month in 2024)
    Asmara27,300 ERN
    Keren23,500 ERN
    Gwelej21,600 ERN
    Assab19,300 ERN
    Massawa18,250 ERN
    Mendefera15,500 ERN
    Dbarwa12,400 ERN
    Barentu9,500 ERN
    Bēylul11,600 ERN
    Adi Keyh10,500 ERN
    Ghinda’e11,400 ERN
    Edd12,300 ERN
    Dek’emhāre11,200 ERN
    Ak’ordat10,100 ERN
    Nefasīt9,000 ERN
    Senafe8,900 ERN
    Teseney7,800 ERN
    Zula6,700 ERN
    Salary in Eritrea Cities

    Salary Overview

    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 Eritrea

    As mentioned earlier, salary in Eritrea often depends on experience. The minimum and starting monthly salary in Eritrea is 1,588 ERN, with variations based on one’s experience level. Notably, 26% of Eritrea’s population earns a basic salary of 1,588 ERN per month, which includes most of the labor.

    • Average Salary in Eritrea

    As previously discussed, salaries in Eritrea exhibit variations in line with experience. The median/average monthly salary in Eritrea stands at 6,846 ERN, 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 Eritrea

    Continuing our exploration of salary dynamics in Eritrea, we turn to maximum earnings. The maximum monthly salary in Eritrea reaches 30,516 ERN 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 Eritrea.

    Salary Comparison by Experience in Eritrea

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

    Salary Comparison by Education in Eritrea

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

    • Illiterate Salary in Eritrea

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

    • High School Graduates Salary in Eritrea

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

    • Certificate or Diploma Holders Salary in Eritrea

    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 Eritrea

    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 Eritrea

    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 Eritrea.

    Salary Comparison By Gender in Eritrea

    Experience YearIncrease in income
    Male6% more than Females
    Female6% less than men
    Salary in Eritrea by Gender

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

    In Eritrea, 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 Eritrea professions and their salaries:

    ProfessionSalary (by month in 2024)
    Doctors6,500 ERN
    Engineers5,530 ERN
    IT Professionals5,400 ERN
    Investment Bankers6,600 ERN
    Pilots7,300 ERN
    Management Consultants5,450 ERN
    Lawyers4,270 ERN
    Dentists5,100 ERN
    Pharmacists6,100 ERN
    Labor600 ERN
    Accountant4,200 ERN
    Architect6,430 ERN
    Barber4,800 ERN
    Chef2,570 ERN
    Electrician1,500 ERN
    Fashion Designer7,210 ERN
    Financial Analyst9,216 ERN
    Firefighter1,300 ERN
    Graphic Designer2,800 ERN
    Human Resources Manager4,110 ERN
    Journalist0,900 ERN
    Judge8,500 ERN
    Marketing Manager3,300 ERN
    Nurse1,100 ERN
    Occupational Therapist540 ERN
    Painter9,000 ERN
    Police Officer6,800 ERN
    Real Estate Agent1,208 ERN
    School Teacher4,476 ERN
    Technical Writer4,160 ERN
    Salary in Eritrea by Profession

    Bonuses on Salary in Eritrea

    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 Eritrea?

    The average hourly wage in Eritrea stands at 127 ERN, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 6.61 ERN, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Eritrea.

    How much is the government vs private sector salary difference?

    There exists an approximately 5% salary disparity between government and private sector employment in Eritrea. Government employees 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 that are often extended to those in public service roles in Eritrea.

    What is the cost of living in Eritrea in 2024?

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

    1)
    Monthly rent for accommodation ranges from 20 ERN to 100 ERN.

    2) Grocery expenses range from ERN 50 to ERN 200 for an individual or a family of four.

    3) Meals cost between ERN 30 to ERN 90 + per person.

    4) Transportation includes a monthly pass of 90 ERN-150 ERN and a taxi ride of 10-150 ERN.

    5) Utilities can total ERN 30-7,00 per month, phone bills ERN 100-500, gym memberships ERN 90-320, and movie tickets ERN 10-90 per person.

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

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