Average Salary in Gabon 2024

Exploring Salary Dynamics in Gabon: Unveiling the Pay Scale, Wage Gap, Salary Yearly Increments, and more. Discover the intricate details of salary structures in Gabon, unveiling insights into the pay scale, wage gaps, and yearly increments. Gain valuable knowledge on how education level and years of experience can impact earnings, as we dig into the breakdown of salaries in Gabon. Stay ahead of the curve and navigate the complexities of salary dynamics in Gabon through this comprehensive article.
Please be aware that the data we are providing is as accurate as possible at this early stage of the year 2024.

However, as we gather more data for 2024, we make adjustments to ensure the highest level of precision.

What is the average salary in Gabon in 2024?

What is the average salary in Gabon in 2024?
460USD
(USD 5,600 yearly)
Low 210 USD
Average 460 USD
High 2,100 USD
The typical earnings in Gabon amount to around USD 460 per month. However, the salary spectrum extends from as low as USD 210 (lowest average) to as high as USD 2,100 (highest average, actual maximum salary is higher). Please note that this includes housing, transport, and other benefits. Salaries can vary greatly among different careers. If you are curious about the salary of a particular job, please see the information on specific job titles below.
In comparison with average salary in Gabon in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison 2023 and 2024 we are able to do it at the end of the year.

Pay Scale and Salaries in Gabon

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,100, 75% of the people earn USD 640 or less. 50% employees earn less USD 450 or less, 25% of the employees earn less than USD 340.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,100, 75% of the people earn USD 640 or less. 50% employees earn less USD 450 or less, 25% of the employees earn less than USD 340.

Minimum Wage and Starting Salary

Minimum Wage and Starting Salary refers to the fundamental pay levels for entry-level positions. It encompasses the legally mandated minimum wage and the initial compensation offered to new hires, impacting job seekers and employers alike. Understanding these figures is crucial for ensuring fair labor practices and successful career beginnings. In Gabon the minimum salary is USD 210.

Median Salary

In Gabon, the median salary of USD 370 represents the middle point of all salaries in a dataset. This metric offers a more equitable perspective on income distribution and is frequently employed to assess average earnings across different professions and industries.

Salary range and Percentile

Salary Range refers to the span between the lowest and highest salaries in a given dataset, indicating the scope of potential earnings. Percentile, on the other hand, represents a specific point in the range, showing how a salary compares to others in the dataset, making it useful for benchmarking pay levels. In Gabon the salary ranges from USD 210 to USD 2,100.

Annual Salary Increments in Gabon

What is the average annual salary increment in the Gabon? How frequently do employees receive salary raises?

In 2024 the workforce in Gabon experienced approximately 0.7% salary growth. It's important to highlight that this figure represents the average across diverse job sectors. Globally, the average salary increase for 2024 stands at 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, employees in Gabon witnessed an average salary growth of 0.7%. This represents an overall average across various job sectors. The worldwide average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Gabon

In the past years, employees in Gabon have seen their salaries rise by an average of 3.4% per year. The increment ranges from 0.7% to 5.5% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
Within the past years, employees in Gabon have seen their salaries increase by an average of 3.4% per year. This encompasses a range of 0.7% to 5.5% increment per year.

Salary Forecast and Trends for the Future in Gabon

There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.2%. Estimated range is between 1.7% and 4.9%.Download chartGet chart linkShare on FacebookShare on Twitter
There are several key factors that influence future of salary growth. That is why we provide range of most probable forecast of salary increments. During next year salary increment will most likely be around 3.2%. Estimated range is between 1.7% and 4.9%.

Gender Wage Gap in Gabon

What is the difference in pay between mens and womens? Men vs. women salary comparison.

Actual wage gap in Gabon is 8.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Gabon is 8.0%.
It's due to many factors, such as:
  • Gender bias.
  • On average, women take 10% more days of paid vacation than men each year.
  • Having a college degree is less common among women compared to men.
  • Females are more inclined than males to assume caregiving responsibilities for children and elderly relatives.
  • Women are more inclined to pursue part-time jobs, and these jobs typically come with lower earnings compared to full-time positions.
  • When it comes to occupations, women are more inclined towards lower-paying ones than men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and obtaining a bachelor's degree come with numerous benefits. Firstly, it significantly improves career prospects, leading to higher earning potential and increased access to a wider variety of job opportunities. Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge.Download chartGet chart linkShare on FacebookShare on Twitter

The Benefits of Transitioning from High School to a Bachelor's Degree

The completion of high school and the acquisition of a bachelor's degree bring about a wealth of benefits. Most importantly, they greatly improve career prospects, leading to higher earning potential and a wider range of job opportunities. Beyond financial advantages, pursuing a bachelor's degree fosters personal growth, hones critical thinking skills, and allows for specialization in a specific field of interest. It also provides valuable networking opportunities and encourages the development of a global outlook. Ultimately, the journey from high school to a bachelor's degree is a transformative endeavor that unlocks a more fulfilling and prosperous future.

The Advantages of Progressing from a Bachelor's to a Master's Degree

Advancing from a bachelor's degree to a master's degree offers several compelling advantages. Firstly, it deepens one's expertise and knowledge in a specific field, making graduates highly sought-after specialists in their areas of study. This advanced education often leads to even greater earning potential and career advancement opportunities. Additionally, master's programs often emphasize research and critical thinking, honing these skills for practical application in professional settings. Networking opportunities expand further, connecting students with experts in their fields. Lastly, pursuing a master's degree is a significant personal achievement, reflecting dedication and a commitment to lifelong learning, which can contribute to personal growth and fulfillment.

The Advantages of Advancing from a Master's to a Ph.D. Degree

Continuing from a master's degree to a Ph.D. brings numerous benefits. Firstly, it allows individuals to become true experts in their chosen fields, conducting groundbreaking research and contributing to the advancement of knowledge. This expertise often leads to prestigious career opportunities in academia, research, and leadership positions in various sectors. Ph.D. programs foster advanced critical thinking, problem-solving, and analytical skills, making graduates highly adaptable and innovative. Networking opportunities expand even further, with collaborations and connections in the global academic and professional communities. Pursuing a Ph.D. is a testament to perseverance, intellectual curiosity, and a commitment to pushing the boundaries of human understanding, ultimately leading to a fulfilling and influential career.

Salary Breakdown Based on Career Levels

How does an individual's salary evolve as time goes on?

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 16%-20% higher, reflecting higher skill level and value to the company. Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of roughly 5%-9%. Expertise and leadership earn higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.Download chartGet chart linkShare on FacebookShare on Twitter

Salary increase going from Junior to Intermediate

Promotion from junior to intermediate role brings increased responsibilities and expertise. Generally, salary rises significantly, often 16%-20% higher, reflecting higher skill level and value to the company.

Elevation from Intermediate to Senior Role Brings Salary Advancement

Elevated from intermediate to senior role, responsibilities expand, along with a substantial salary hike of approximately 5%-9%. Expertise and leadership yield higher recognition and greater financial rewards.

Executive Promotion: Salary Increase from Senior Position

Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 20%-24% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Gabon

What is the average hourly wage in the Gabon?

Average Hourly Wage
3USD
Low 1 USD
Average 3 USD
High 12 USD

What are the disadvantages of being paid on an hourly wage basis?

  • Income instability: It can be challenging to budget and plan for expenses when the income from hourly wages is irregular or fluctuating.
  • Limited earning potential: Hourly workers may face limitations in terms of the number of hours they can work, which can restrict their earning potential compared to salaried positions.
  • Lack of benefits: Hourly workers often have fewer or limited benefits such as paid time off, health insurance, retirement plans, and other perks usually attributed to full-time employment.
  • Inconsistent work hours: Hourly workers may experience unpredictable work schedules, including shifts that vary in duration or irregular hours, which can disrupt work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: When it comes to job insecurity, hourly positions are often more affected than salaried positions due to layoffs, downsizing, or changes in demand.
  • Limited career advancement: In some cases, hourly jobs might provide minimal prospects for career progression, professional development, or upward mobility within the organization.
It's important to note that these disadvantages may not apply universally and can vary depending on specific job circumstances and individual preferences.

Highest and Lowest Paying Jobs in Gabon

What are the best paying jobs in Gabon?

List with best paid jobs in GabonDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs Gabon?

  1. Surgeon (USD 2,000)
  2. Doctor (USD 1,900)
  3. Chief Executive Officer (CEO) (USD 1,800)
  4. Registered Nurse Anesthetist (USD 1,700)
  5. Dentist (USD 1,700)
  6. Airline Pilot (USD 1,600)
  7. Intellectual Property Lawyer (USD 1,500)
  8. Marketing Manager (USD 1,400)
  9. Marketing Director (USD 1,400)
  10. Sales Director (USD 1,300)
  11. Sales Manager (USD 1,300)
  12. Petroleum Engineer (USD 1,300)
  13. Brand Manager (USD 1,300)
  14. Marketer (USD 1,300)
  15. Judge (USD 1,200)
  16. Treasurer (USD 1,200)
  17. Controller (USD 1,200)
  18. Pharmacist (USD 1,200)
  19. Tax Lawyer (USD 1,200)
  20. Lawyer (USD 1,200)
List with worst paid jobs in GabonDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Gabon?

  1. Cashier (USD 220)
  2. Childcare Worker (USD 230)
  3. Stock clerk (USD 240)
  4. Elder Care Worker (USD 240)
  5. Receptionist (USD 240)
  6. Bartender (USD 270)
  7. Food and beverage server (USD 270)
  8. Janitor (USD 270)
  9. Waiter (USD 270)
  10. Tour Guide (USD 270)
  11. Customer Service Representative (USD 330)
  12. Hotel Concierge (USD 330)
  13. Rehabilitation Counselor (USD 340)
  14. Travel Agent (USD 370)
  15. Secretary (USD 380)
  16. Painter (USD 390)
  17. Carpenter (USD 400)
  18. Bus Driver (USD 410)
  19. Artist (USD 420)
  20. Truck Driver (USD 420)
List with best paid industries in GabonDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,300)
  2. Business and Management (USD 1,100)
  3. Marketing and Sales (USD 1,000)
  4. Engineering (USD 930)
  5. Law (USD 880)
  6. Accounting and Finance (USD 870)
  7. Computer and Information Technology (USD 850)
  8. Transportation and Logistics (USD 830)
  9. Science (USD 830)
  10. Education and Training (USD 680)
  11. Other (USD 510)
  12. Hospitality and Tourism (USD 430)
  13. Social Services (USD 350)
  14. Services (USD 320)