Average Salary in Namibia 2024

Exploring Salary Dynamics in Namibia: Unveiling Pay Scales, Wage Gaps, and Yearly Increments. Gain insight into Namibia's salary landscape as we delve into the intricacies of pay scales, uncover wage gaps, analyze salary yearly increments, and break down the impact of education levels and years of experience. This comprehensive article sheds light on the factors influencing salaries in Namibia, providing a valuable resource for individuals and businesses curious about fair compensation practices. Uncover the secrets behind fair wages and actionable insights for optimizing earning potential.
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 Namibia in 2024?

What is the average salary in Namibia in 2024?
840USD
(USD 10,100 yearly)
Low 380 USD
Average 840 USD
High 3,800 USD
A person working in Namibia typically earns around USD 840 per month. Salaries range from USD 380 (lowest average) to USD 3,800 (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 Namibia in 2023, salaries changed by +0.7% so far. Looking ahead, economists project a gradual recovery in the job market. The comprehensive comparison between 2023 and 2024 will be conducted at the year's end.

Pay Scale and Salaries in Namibia

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 3,800, 75% of the people earn USD 1,200 or less. 50% employees earn less USD 820 or less, 25% of the employees earn less than USD 610.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 3,800, 75% of the people earn USD 1,200 or less. 50% employees earn less USD 820 or less, 25% of the employees earn less than USD 610.

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 Namibia the minimum salary is USD 380.

Median Salary

The median salary in Namibia tends to reflect the middle point of all salaries in a dataset, with half of the values above and half below it. This indicator offers a more balanced outlook on income distribution and is frequently used to assess 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 Namibia the salary ranges from USD 380 to USD 3,800.

Annual Salary Increments in Namibia

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

During 2024, Namibia recorded an average salary increment of around 0.7% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.7%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024, Namibia employees received an average salary increase of 0.7%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Namibia

Employees in Namibia received in recent years salary increase from 0.7% to 5.7% on average per year. It means 2.9% increment per year on average.Download chartGet chart linkShare on FacebookShare on Twitter
The average yearly salary increase for employees in Namibia over the past years ranged from 0.7% to 5.7%. On average, this represents a 2.9% increment per year.

Salary Forecast and Trends for the Future in Namibia

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 3.0%. Estimated range is between 1.6% and 4.6%.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 3.0%. Estimated range is between 1.6% and 4.6%.

Gender Wage Gap in Namibia

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

The actual wage gap in Namibia reaches 6.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Namibia is 6.0%.
It's due to many factors, such as:
  • Gender-based prejudice.
  • On average, women use 10% more paid vacation days per year compared to men.
  • College degrees are less common among women compared to men.
  • Caregiving responsibilities for children and elderly relatives are more often taken on by women than men.
  • Compared to men, women are more prone to opt for part-time work, which often results in lower earnings than full-time employment.
  • Women generally find themselves working in lower-paying occupations compared to men.

Salary Comparison by Education Level

How does the education level influence the amount of salary?

Completing high school and attaining a bachelor's degree yields a host of benefits. Above all, it significantly enhances career prospects by increasing earning potential and broadening access to a greater 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 offer a myriad of benefits. Above all, it greatly enhances career prospects, resulting in higher earning potential and expanded job possibilities. Apart from financial rewards, pursuing a bachelor's degree fosters personal growth, nurtures critical thinking skills, and provides the chance to specialize in a specific area of interest. It also facilitates valuable networking opportunities and encourages the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative experience that paves the way for 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. underscores an unwavering commitment to intellectual exploration and a promising 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 15%-19% 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 approximately 8%-12%. Expertise and leadership attain higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 23%-27% 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 15%-19% 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 roughly 8%-12%. Expertise and leadership gain 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 23%-27% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Namibia

What is the average hourly wage in the Namibia?

Average Hourly Wage
5USD
Low 2 USD
Average 5 USD
High 22 USD

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

  • Income instability: The irregular or fluctuating income from hourly wages can 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 typically associated with 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 challenging to maintain consistent routines.
  • Uncertain job security: Hourly positions are sometimes more susceptible to layoffs, downsizing, or changes in demand, which can lead to job insecurity compared to salaried positions.
  • Limited career advancement: There are instances where hourly employment offers restricted opportunities for career growth, 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 Namibia

What are the best paying jobs in Namibia?

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

Highest paying jobs Namibia?

  1. Surgeon (USD 3,700)
  2. Doctor (USD 3,400)
  3. Chief Executive Officer (CEO) (USD 3,200)
  4. Registered Nurse Anesthetist (USD 3,100)
  5. Dentist (USD 3,000)
  6. Airline Pilot (USD 2,900)
  7. Intellectual Property Lawyer (USD 2,800)
  8. Marketing Manager (USD 2,500)
  9. Marketing Director (USD 2,500)
  10. Sales Director (USD 2,300)
  11. Sales Manager (USD 2,300)
  12. Petroleum Engineer (USD 2,300)
  13. Brand Manager (USD 2,300)
  14. Marketer (USD 2,300)
  15. Judge (USD 2,200)
  16. Treasurer (USD 2,200)
  17. Controller (USD 2,200)
  18. Pharmacist (USD 2,100)
  19. Tax Lawyer (USD 2,100)
  20. Lawyer (USD 2,100)
List with worst paid jobs in NamibiaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Namibia?

  1. Cashier (USD 400)
  2. Childcare Worker (USD 420)
  3. Stock clerk (USD 430)
  4. Elder Care Worker (USD 430)
  5. Receptionist (USD 440)
  6. Bartender (USD 480)
  7. Food and beverage server (USD 480)
  8. Janitor (USD 490)
  9. Waiter (USD 500)
  10. Tour Guide (USD 500)
  11. Customer Service Representative (USD 600)
  12. Hotel Concierge (USD 610)
  13. Rehabilitation Counselor (USD 610)
  14. Travel Agent (USD 670)
  15. Secretary (USD 690)
  16. Painter (USD 710)
  17. Carpenter (USD 730)
  18. Bus Driver (USD 750)
  19. Artist (USD 760)
  20. Truck Driver (USD 770)
List with best paid industries in NamibiaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 2,400)
  2. Business and Management (USD 2,000)
  3. Marketing and Sales (USD 1,900)
  4. Engineering (USD 1,700)
  5. Law (USD 1,700)
  6. Accounting and Finance (USD 1,600)
  7. Computer and Information Technology (USD 1,600)
  8. Transportation and Logistics (USD 1,600)
  9. Science (USD 1,600)
  10. Education and Training (USD 1,300)
  11. Other (USD 930)
  12. Hospitality and Tourism (USD 780)
  13. Social Services (USD 640)
  14. Services (USD 580)