The salary structure in Somalia 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 Somalia to 2024, highlighting the compensation landscape.
The Somali Shilling used to pay salaries in Somalia is known as SOS, and the currency symbol is Sh.so‎. By considering these key elements, individuals can gain a better understanding of the dynamic job market in Somalia and make more informed decisions regarding their career and financial planning.
Salary in Somalia by Year and Month
We’ve recently conducted surveys in Somalia, 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 Somalia based on our survey results
| Annual Salary | Lowest 788,000 SOS | Average 3,108,200 SOS | Maximum 13,919,600 SOS |
|---|
In the table above, we’ve meticulously outlined the annual salary statistics for Somalia, 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 Somalia, aiding your understanding of this dynamic economic landscape.
| Monthly Salary | Lowest 65,666 SOS | Average 259,016 SOS | Maximum 1,159,966 SOS |
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Comparison of Salaries in Somalia Cities
As depicted in the preceding tables, we’ve analyzed the contrast between annual and monthly salaries in Somalia. 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) |
|---|---|
| Mogadishu | 1,159,966 SOS |
| Hargeisa | 1,073,900 SOS |
| Bosaso | 971,200 SOS |
| Kismayo | 969,800 SOS |
| Berbera | 968,200 SOS |
| Garowe | 865,000 SOS |
| Galkayo | 762,500 SOS |
| Marka | 659,700 SOS |
| Baidoa | 557,600 SOS |
| Beledweyne | 455,500 SOS |
| Jowhar | 355,400 SOS |
| Dhusamareb | 24,300 SOS |
| Buurhakaba | 23,200 SOS |
| Las Anod | 21,100 SOS |
| Qardho | 20,000 SOS |
| Borama | 182,900 SOS |
| Garbahaarey | 175,800 SOS |
| Burao | 156,700 SOS |
| Baraawe | 149,600 SOS |
| Eyl | 121,500 SOS |
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 Somalia
As mentioned earlier, salary in Somalia often depends on experience. The minimum and starting monthly salary in Somalia is 65,666 SOS, with variations based on one’s experience level. Notably, 38% of Somalia’s population earns a basic salary of 65,666 SOS per month, which includes most of the labor.
- Average Salary in Somalia
As previously discussed, salaries in Somalia exhibit variations in line with experience. The median/average monthly salary in Somalia stands at 259,016 SOS, with a quarter of the population, approximately 38%, 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 Somalia
Continuing our exploration of salary dynamics in Somalia, we turn to maximum earnings. The maximum monthly salary in Somalia reaches 1,159,966 SOS including employees of some famous private companies and government officials.
Specifically, about 24% 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 Somalia.
Salary Comparison by Experience in Somalia
Securing a competitive salary in any sector or organization hinges on valuable work experience, and Somalia is no exception. In Somalia’s employment landscape, individuals without prior experience typically receive the minimum wage. However, those with 1 to 5 years of experience enjoy a 12% pay increase, while those with 6 to 10 years see an 18% boost in earnings.
For professionals boasting 11 to 20 years of experience, the premium extends to 24%, and those with over 21 years of expertise are rewarded with a substantial 31% salary enhancement. This structured approach to compensation demonstrates Somalia’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 | 12% Boosted |
| 6-10 years of experience | 18% Boosted |
| 11-20 years of experience | 24% Boosted |
| More than 21 years of experience | 31% Boosted |
Salary Comparison by Education in Somalia
In examining the correlation between education levels and income in Somalia, a clear pattern emerges. The data reveals that educational qualifications play a pivotal role in determining salary scales:
- Illiterate Salary in Somalia
This group typically receives the Lowest salary, with no significant income increase associated with education.
- High School Graduates Salary in Somalia
Those who completed high school outperform the illiterate population, enjoying a notable 15% salary increase.
- Certificate or Diploma Holders Salary in Somalia
Individuals with a certificate or diploma go a step further, securing a substantial 22% higher income compared to high school graduates.
- Bachelor’s Degree Holders Salary in Somalia
Pursuing a Bachelor’s Degree significantly enhances earning potential, as these professionals make 27% more than those with a certificate or diploma.
- Ph.D. Holders Salary in Somalia
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 Somalia.
Salary Comparison By Gender in Somalia
| Experience Year | Increase in income |
|---|---|
| Male | 4% more than Females |
| Female | 4% less than men |
Men generally earn 4% more than women, which shows that Males earn more than Females. Conversely, Females earn 4% less than males in Somalia. 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 Somalia
In Somalia, 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 Somalia professions and their salaries:
| Profession | Salary (by month in 2024) |
|---|---|
| Doctors | 1,176,500 SOS |
| Software Engineers | 753,530 SOS |
| IT Professionals | 528,400 SOS |
| Investment Bankers | 426,600 SOS |
| Pilots | 1,177,300 SOS |
| Management Consultants | 635,450 SOS |
| Lawyers | 1,084,270 SOS |
| Dentists | 545,100 SOS |
| Pharmacists | 166,100 SOS |
| Labor | 116,600 SOS |
| Accountant | 174,200 SOS |
| Architect | 166,430 SOS |
| Barber | 144,800 SOS |
| Chef | 132,570 SOS |
| Electrician | 161,500 SOS |
| Fashion Designer | 557,210 SOS |
| Financial Analyst | 459,216 SOS |
| Firefighter | 351,300 SOS |
| Graphic Designer | 452,800 SOS |
| Human Resources Manager | 594,110 SOS |
| Journalist | 1,110,900 SOS |
| Judge | 1,281,500 SOS |
| Marketing Manager | 718,300 SOS |
| Nurse | 741,100 SOS |
| Occupational Therapist | 159,540 SOS |
| Painter | 139,000 SOS |
| Police Officer | 6,526,800 SOS |
| Real Estate Agent | 7,851,208 SOS |
| School Teacher | 5,994,476 SOS |
| Technical Writer | 3,984,160 SOS |
Bonuses on Salary in Somalia
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 Somalia stands at 4,833.19 SOS, offering a competitive earning potential. Meanwhile, the minimum hourly wage is set at 273.60 SOS, ensuring a baseline income for those entering the job market or holding lower-paying positions. These figures outline the spectrum of hourly earnings in Somalia.
There exists an approximately 8% salary disparity between government and private sector employment in Somalia. Government employees enjoy an 8% 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 Somalia.
In 2024, there are various costs of living in Somalia some of which are mentioned below:
1) Monthly rent for accommodation ranges from 22,200 SOS to 118,000 SOS.
2) Grocery expenses range from SOS 51,100 to SOS 100,000 for an individual or a family of four.
3) Meals cost between SOS 3100 to SOS 9100 + per person.
4) Transportation includes a monthly pass of 1900 SOS-11450 SOS and a taxi ride of 1510-12,150 SOS.
5) Utilities can total SOS 3100-19,000 per month, phone bills SOS 11,000-18,000, gym memberships SOS 90-320, and movie tickets SOS 1110-5950 per person.
Somalia offers relatively cheap living, yet careful budgeting is advised, as individual circumstances can make a difference in costs.