Average Salary in Myanmar 2024

Exploring Salary Trends in Myanmar: Unveiling the Pay Scale, Wage Gap, and Yearly Increments. This article delves into the intricacies of salaries in Myanmar, providing valuable insights into the pay scale across different industries. Uncovering the prevalent wage gap, it highlights the disparities that exist and the possible factors contributing to this inequality. Moreover, the article sheds light on the significance of yearly salary increments, discussing their impact on career growth and financial stability. Furthermore, it breaks down the salary variations based on education levels and years of experience, offering a comprehensive understanding of the financial landscape in Myanmar. Stay informed with this insightful read on salary trends in Myanmar.
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 Myanmar in 2024?

What is the average salary in Myanmar in 2024?
480USD
(USD 5,800 yearly)
Low 220 USD
Average 480 USD
High 2,200 USD
A person working in Myanmar typically earns around USD 480 per month. Salaries range from USD 220 (lowest average) to USD 2,200 (highest average, actual maximum salary is higher). This is the average salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
In comparison with average salary in Myanmar in 2023, salaries changed by +0.9% 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 Myanmar

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,200, 75% of the people earn USD 660 or less. 50% employees earn less USD 470 or less, 25% of the employees earn less than USD 350.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,200, 75% of the people earn USD 660 or less. 50% employees earn less USD 470 or less, 25% of the employees earn less than USD 350.

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 Myanmar the minimum salary is USD 220.

Median Salary

In Myanmar, the median salary is USD 380, which represents the middle point of all salaries in a dataset, with half of the values above and half below it. This measurement provides a more balanced view of income distribution and is commonly used to gauge average earnings in various 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 Myanmar the salary ranges from USD 220 to USD 2,200.

Annual Salary Increments in Myanmar

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

In 2024, Myanmar employees received an average salary increase of 0.9%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, the average salary increment for Myanmar employees was 0.9%. Please note that this is an average across all job sectors. On a global scale, the average for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Myanmar

In the past years, employees in Myanmar have seen their salaries rise by an average of 3.7% per year. The increment ranges from 0.9% to 6.1% per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
On average, employees in Myanmar experienced a salary increase ranging from 0.9% to 6.1% per year in recent years. This translates to an average increment of 3.7% per year.

Salary Forecast and Trends for the Future in Myanmar

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 3.8%. Estimated range is between 2.1% and 5.8%.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 3.8%. Estimated range is between 2.1% and 5.8%.

Gender Wage Gap in Myanmar

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

In terms of wage disparity, Myanmar experiences 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay gap in Myanmar is currently 9.0%.
It's due to many factors, such as:
  • Discrimination based on gender.
  • On average, women take 10% longer vacations than men each year.
  • A college degree is more frequently attained by men than women.
  • In the realm of caregiving responsibilities for children and elderly relatives, women are more predisposed than men to take them on.
  • In comparison to men, women are more prone to working part-time, resulting in lower earnings compared to full-time workers.
  • Compared to men, women have a higher likelihood of working in lower-paying occupations.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

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. 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. epitomizes a lifelong dedication to acquiring knowledge and paving the way for an inspiring and impactful 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 nearly 9%-13%. Expertise and leadership secure higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 17%-21% 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 close to 9%-13%. Expertise and leadership receive 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 17%-21% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Myanmar

What is the average hourly wage in the Myanmar?

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: The irregular or fluctuating income from hourly wages may make it challenging to budget and plan for expenses.
  • 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 normally 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 interrupt work-life balance and make it hard 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: Some hourly positions within the organization may offer limited opportunities for career growth, professional development, or upward mobility.
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 Myanmar

What are the best paying jobs in Myanmar?

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

Highest paying jobs Myanmar?

  1. Surgeon (USD 2,100)
  2. Doctor (USD 1,900)
  3. Chief Executive Officer (CEO) (USD 1,800)
  4. Registered Nurse Anesthetist (USD 1,800)
  5. Dentist (USD 1,700)
  6. Airline Pilot (USD 1,700)
  7. Intellectual Property Lawyer (USD 1,600)
  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 1,300)
  16. Treasurer (USD 1,300)
  17. Controller (USD 1,300)
  18. Pharmacist (USD 1,200)
  19. Tax Lawyer (USD 1,200)
  20. Lawyer (USD 1,200)
List with worst paid jobs in MyanmarDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Myanmar?

  1. Cashier (USD 230)
  2. Childcare Worker (USD 240)
  3. Stock clerk (USD 240)
  4. Elder Care Worker (USD 250)
  5. Receptionist (USD 250)
  6. Bartender (USD 280)
  7. Food and beverage server (USD 280)
  8. Janitor (USD 280)
  9. Waiter (USD 280)
  10. Tour Guide (USD 290)
  11. Customer Service Representative (USD 340)
  12. Hotel Concierge (USD 350)
  13. Rehabilitation Counselor (USD 350)
  14. Travel Agent (USD 380)
  15. Secretary (USD 390)
  16. Painter (USD 410)
  17. Carpenter (USD 420)
  18. Bus Driver (USD 430)
  19. Artist (USD 430)
  20. Truck Driver (USD 440)
List with best paid industries in MyanmarDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,400)
  2. Business and Management (USD 1,200)
  3. Marketing and Sales (USD 1,100)
  4. Engineering (USD 960)
  5. Law (USD 910)
  6. Accounting and Finance (USD 910)
  7. Computer and Information Technology (USD 890)
  8. Transportation and Logistics (USD 860)
  9. Science (USD 860)
  10. Education and Training (USD 710)
  11. Other (USD 530)
  12. Hospitality and Tourism (USD 440)
  13. Social Services (USD 360)
  14. Services (USD 330)