Average Salary in Nepal 2024

Discover the intricate salary landscape in Nepal as we delve into key aspects such as pay scale, wage gap, salary yearly increments, and breakdown over education level or years of experience. Gain valuable insights into the dynamic remuneration structure of this vibrant nation, all within a concise and informative 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 Nepal in 2024?

What is the average salary in Nepal in 2024?
210USD
(USD 2,600 yearly)
Low 100 USD
Average 210 USD
High 930 USD
The average salary in Nepal is typically USD 210 per month. However, salaries can vary greatly, ranging from USD 100 (lowest average) to USD 930 (highest average, actual maximum salary is higher). These figures include housing, transport, and other benefits. Different careers offer significantly diverse salary opportunities. If you wish to explore salaries for specific job titles, they are listed below.
In comparison with average salary in Nepal 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 Nepal

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 930, 75% of the people earn USD 290 or less. 50% employees earn less USD 210 or less, 25% of the employees earn less than USD 160.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 930, 75% of the people earn USD 290 or less. 50% employees earn less USD 210 or less, 25% of the employees earn less than USD 160.

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 Nepal the minimum salary is USD 100.

Median Salary

By considering the median salary in Nepal of USD 170, one can understand the middle point of all salaries in a dataset. This measurement provides a fairer assessment of income distribution and is commonly employed to estimate 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 Nepal the salary ranges from USD 100 to USD 930.

Annual Salary Increments in Nepal

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

In 2024, Nepal 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%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Nepal received around 0.7% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.7%.

Historical Graph of Annual Salary Increments in Nepal

On an average, employees in Nepal have received a salary increase ranging from -0.1% to 5.6% per year in recent years. This translates to an average increment of 2.6% per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees based in Nepal have experienced a salary increase averaging 2.6% per year in recent years. This translates to a range of -0.1% to 5.6% increment per year.

Salary Forecast and Trends for the Future in Nepal

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 2.9%. Estimated range is between 1.6% and 4.5%.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 2.9%. Estimated range is between 1.6% and 4.5%.

Gender Wage Gap in Nepal

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

In Nepal, the gender wage gap is 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
In terms of wage disparity, Nepal experiences 7.0%.
It's due to many factors, such as:
  • Unequal treatment based on gender.
  • On average, women enjoy 10% more days of paid vacation than men each year.
  • When it comes to college degrees, women are less represented than men.
  • Women are more likely than men to take on caregiving responsibilities for children and elderly relatives.
  • The majority of part-time workers are women, and they typically earn less than those in full-time positions.
  • Men are more likely to work in higher-paying occupations than women.

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

Completing high school and receiving a bachelor's degree present a multitude of benefits. First and foremost, they significantly enhance career prospects, leading to higher earning potential and broader access to job opportunities. Alongside financial advantages, pursuing a bachelor's degree fosters personal growth, develops critical thinking skills, and offers the chance to specialize in a particular field of interest. It also facilitates valuable networking opportunities and promotes the cultivation of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative path that opens doors to 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 around 6%-10%. Expertise and leadership bring higher recognition and greater financial rewards. Ascending from senior to executive role amplifies responsibilities. Typically, salary surges significantly, often 19%-23% 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 nearly 6%-10%. Expertise and leadership secure 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 19%-23% higher, mirroring strategic influence and heightened leadership contributions.

Average Hourly Wage in Nepal

What is the average hourly wage in the Nepal?

Average Hourly Wage
1USD
Low 1 USD
Average 1 USD
High 5 USD

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

  • Income instability: Budgeting and planning for expenses may be challenging due to the irregular or fluctuating income that hourly wages can bring.
  • 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 commonly linked 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: Certain hourly positions may offer limited chances for career advancement, professional growth, or upward movement within the company.
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 Nepal

What are the best paying jobs in Nepal?

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

Highest paying jobs Nepal?

  1. Surgeon (USD 920)
  2. Doctor (USD 830)
  3. Chief Executive Officer (CEO) (USD 790)
  4. Registered Nurse Anesthetist (USD 770)
  5. Dentist (USD 740)
  6. Airline Pilot (USD 710)
  7. Intellectual Property Lawyer (USD 690)
  8. Marketing Manager (USD 610)
  9. Marketing Director (USD 610)
  10. Sales Director (USD 570)
  11. Sales Manager (USD 570)
  12. Petroleum Engineer (USD 570)
  13. Brand Manager (USD 550)
  14. Marketer (USD 550)
  15. Judge (USD 550)
  16. Treasurer (USD 540)
  17. Controller (USD 540)
  18. Pharmacist (USD 530)
  19. Tax Lawyer (USD 520)
  20. Lawyer (USD 520)
List with worst paid jobs in NepalDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Nepal?

  1. Cashier (USD 100)
  2. Childcare Worker (USD 110)
  3. Stock clerk (USD 110)
  4. Elder Care Worker (USD 110)
  5. Receptionist (USD 110)
  6. Bartender (USD 120)
  7. Food and beverage server (USD 120)
  8. Janitor (USD 130)
  9. Waiter (USD 130)
  10. Tour Guide (USD 130)
  11. Customer Service Representative (USD 150)
  12. Hotel Concierge (USD 150)
  13. Rehabilitation Counselor (USD 160)
  14. Travel Agent (USD 170)
  15. Secretary (USD 170)
  16. Painter (USD 180)
  17. Carpenter (USD 190)
  18. Bus Driver (USD 190)
  19. Artist (USD 190)
  20. Truck Driver (USD 200)
List with best paid industries in NepalDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 590)
  2. Business and Management (USD 500)
  3. Marketing and Sales (USD 460)
  4. Engineering (USD 420)
  5. Law (USD 400)
  6. Accounting and Finance (USD 400)
  7. Computer and Information Technology (USD 390)
  8. Transportation and Logistics (USD 380)
  9. Science (USD 380)
  10. Education and Training (USD 310)
  11. Other (USD 230)
  12. Hospitality and Tourism (USD 200)
  13. Social Services (USD 160)
  14. Services (USD 150)