The salary structure in Lebanon 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 Lebanon to 2024, highlighting the compensation landscape.
The Lebanese pound used to pay salaries in Lebanon is known as LBP, and the currency symbol is ل.ل. By considering these key elements, individuals can gain a better understanding of the dynamic job market in Lebanon and make more informed decisions regarding their career and financial planning.
Salary in Lebanon by Year and Month
We’ve recently conducted surveys in Lebanon, 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 Lebanon based on our survey results
| Annual Salary | Lowest 6,922,100 LBP | Average 27,361,200 LBP | Maximum 122,398,700 LBP |
|---|
In the table above, we’ve meticulously outlined the annual salary statistics for Lebanon, 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 Lebanon, aiding your understanding of this dynamic economic landscape.
| Monthly Salary | Lowest 576,841 LBP | Average 2,280,100 LBP | Maximum 10,199,891 LBP |
|---|
Comparison of Salaries in Lebanon Cities
As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Lebanon. 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 Names | Average Salary (by month in 2024) |
|---|---|
| Tripoli | 10,199,891 LBP |
| Beirut | 9,973,900 LBP |
| Sidon | 9,871,200 LBP |
| Tyre | 9,669,800 LBP |
| Borj Hammoud | 8,568,200 LBP |
| El Minié | 5,765,000 LBP |
| Aaley | 4,762,500 LBP |
| Joünié | 5,759,700 LBP |
| Zahlé | 5,477,600 LBP |
| Nabatîyé | 3,755,500 LBP |
| Borj el Qoblé | 2,955,400 LBP |
| El Ghâzîyé | 1,654,300 LBP |
| Qabb Eliâs | 1,113,200 LBP |
| Batroûn | 1,034,100 LBP |
| Jbaïl | 923,000 LBP |
| Barr Eliâs | 812,900 LBP |
| Zghartā | 715,800 LBP |
| Bent Jbaïl | 716,700 LBP |
| Chmistâr | 669,600 LBP |
| Qornet Chahouâne | 5611,500 LBP |
| Baalbek | 556,400 LBP |
| El Bâzoûrîyé | 555,300 LBP |
| Baaqlîne | 557,200 LBP |
| Kahhalé | 518,100 LBP |
| Barja | 509,000 LBP |
| Bteghrîne | 501,908 LBP |
| Sarafand | 556,980 LBP |
| Srîfa | 513,655 LBP |
| Qâna | 2,500,760 LBP |
| Ed Dâmoûr | 690,170 LBP |
| Kfar Aabîda | 1,090,870 LBP |
| Baabda | 698,390 LBP |
| El Qalamoûn | 908,120 LBP |
| Ej Jmaïlîyé | 509,390 LBP |
| Nahr Ibrâhîm | 908,340 LBP |
| Halba | 765,908 LBP |
| Zakrît | 901,870 LBP |
| Saoufar | 898,921 LBP |
| Borj Rahhâl | 9,123,980 LBP |
| Jdaidet el Matn | 908,465 LBP |
| Sîr ed Danniyé | 567,890 LBP |
| Jezzîne | 783,920 LBP |
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 Lebanon
As mentioned earlier, salary in Lebanon often depends on experience. The minimum and starting monthly salary in Lebanon is 576,841 LBP, with variations based on one’s experience level. Notably, 31% of Lebanon’s population earns a basic salary of 576,841 LBP per month, which includes most of the labor.
- Average Salary in Lebanon
As previously discussed, salaries in Lebanon exhibit variations in line with experience. The median/average monthly salary in Lebanon stands at 2,280,100 LBP, with a quarter of the population, approximately 39%, 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 Lebanon
Continuing our exploration of salary dynamics in Lebanon, we turn to maximum earnings. The maximum monthly salary in Lebanon reaches 10,199,891 LBP including employees of some famous private companies and government officials. Specifically, about 30% 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 Lebanon.
Salary Comparison by Experience in Lebanon
Securing a competitive salary in any sector or organization hinges on valuable work experience, and Lebanon is no exception. In Lebanon’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 Lebanon’s recognition of the significance of experience in determining wages.
| Experience Year | Increase in income |
|---|---|
| 0 Years Experience | lowest Income |
| 1-5 years of experience | 8% Boosted |
| 6-10 years of experience | 15% Boosted |
| 11-20 years of experience | 20% Boosted |
| More than 21 years of experience | 27% Boosted |
Salary Comparison by Education in Lebanon
In examining the correlation between education levels and income in Lebanon, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:
- Illiterate Salary in Lebanon
This group typically receives the Lowest salary, with no significant income increase associated with education.
- High School Graduates Salary in Lebanon
Those who completed high school outperform the illiterate population, enjoying a notable 16% salary increase.
- Certificate or Diploma Holders Salary in Lebanon
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 Lebanon
Pursuing a Bachelor’s Degree significantly enhances earning potential, as these professionals earn 28% more than those with a certificate or diploma.
- Ph.D. Holders Salary in Lebanon
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 Lebanon.
Salary Comparison By Gender in Lebanon
| Experience Year | Increase in income |
|---|---|
| Male | 3% more than Females |
| Female | 3% less than men |
Men generally earn 3% more than women, which shows that Males earn more than Females. Conversely, Females earn 3% less than males in Lebanon. 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 Lebanon
In Lebanon, 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 Lebanon professions and their salaries:
| Profession | Salary (by month in 2024) |
|---|---|
| Doctors | 9,976,500 LBP |
| Engineers | ,8975,530 LBP |
| IT Professionals | 8,958,400 LBP |
| Investment Bankers | 7,946,600 LBP |
| Pilots | 7,977,300 LBP |
| Management Consultants | 5,665,450 LBP |
| Lawyers | 6,784,270 LBP |
| Dentists | 6,555,100 LBP |
| Pharmacists | 5,616,100 LBP |
| Labor | 526,600 LBP |
| Accountant | 4,814,200 LBP |
| Architect | 516,430 LBP |
| Barber | 614,800 LBP |
| Chef | 912,570 LBP |
| Electrician | 611,500 LBP |
| Fashion Designer | 3,217,210 LBP |
| Financial Analyst | 2,719,216 LBP |
| Firefighter | 2,111,300 LBP |
| Graphic Designer | 2,612,800 LBP |
| Human Resources Manager | 2,514,110 LBP |
| Journalist | 9,510,900 LBP |
| Judge | 6,081,500 LBP |
| Marketing Manager | 9,718,300 LBP |
| Nurse | 3,541,100 LBP |
| Occupational Therapist | 2,49,540 LBP |
| Painter | 2,19,000 LBP |
| Police Officer | 1,926,800 LBP |
| Real Estate Agent | 1,951,208 LBP |
| School Teacher | 1,554,476 LBP |
| Technical Writer | 1,234,160 LBP |
Bonuses on Salary in Lebanon
Several types of bonuses are considered in employment:
- Individual Performance-Based Bonuses: Employees receive rewards based on their exceptional performance.
- Company Performance Bonuses: Some companies share excess earnings and profits with all staff as collective bonuses, varying by role.
- Goal-Based Bonuses: Given upon achieving significant goals or milestones.
- Holiday / End of Year Bonuses: These are appreciation tokens offered without specific reasons or occasions.
FAQs
The average hourly wage in Lebanon stands at 42,499 LBP, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 2,403. LBP, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Lebanon.
There exists an approximately 5% salary disparity between government and private sector employment in Lebanon. Government employees enjoy a 5% salary advantage and 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 Lebanon.
In 2024, there are various costs of living in Lebanon some of which are mentioned below:
1) Monthly rent for accommodation ranges from 92,100 LBP to 918,000 LBP.
2) Grocery expenses range from LBP 50,000 to LBP 200,000 for an individual or a family of four.
3) Meals cost between LBP 30,000 to LBP 190,000 + per person.
4) Transportation includes a monthly pass of 20,000 LBP-200,000 LBP and a taxi ride of 2,350-10,500 LBP.
5) Utilities can total LBP 25,000-120,000 per month, phone bills LBP 9,000-43,000, gym memberships LBP 10,000-45000, and movie tickets LBP 700-5000 per person.
Lebanon offers relatively cheap living, yet careful budgeting is advised, as individual circumstances can make a difference in costs.