Average Salary in Somalia 2024

Explore the intricacies of the salary landscape in Somalia with this insightful article. Delving into vital aspects such as pay scales, wage gaps, yearly increments, and breakdowns based on education level or years of experience, this comprehensive guide offers a nuanced understanding of the country's remuneration patterns. Shedding light on the various factors influencing salaries, this article equips readers with valuable knowledge, ensuring informed decisions when it comes to compensation in Somalia. Stay ahead in the realm of salaries with this indispensable resource.
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 Somalia in 2024?

What is the average salary in Somalia in 2024?
380USD
(USD 4,500 yearly)
Low 170 USD
Average 380 USD
High 1,700 USD
For individuals working in Somalia, the average salary amounts to USD 380 per month. Yet, there is notable variability, with salaries ranging from USD 170 (lowest average) to USD 1,700 (highest average, actual maximum salary is higher). Take into account that these figures incorporate housing, transport, and other benefits. Across various professions, there exist significant differences in salary scales. To find out the salaries for specific job titles, please refer to the information below.
In comparison with average salary in Somalia 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 this year.

Pay Scale and Salaries in Somalia

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 1,700, 75% of the people earn USD 520 or less. 50% employees earn less USD 360 or less, 25% of the employees earn less than USD 270.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 1,700, 75% of the people earn USD 520 or less. 50% employees earn less USD 360 or less, 25% of the employees earn less than USD 270.

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 Somalia the minimum salary is USD 170.

Median Salary

In Somalia, the median salary of USD 300 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 Somalia the salary ranges from USD 170 to USD 1,700.

Annual Salary Increments in Somalia

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

In 2024, the average salary increase for employees in Somalia was around 0.9%. It's important to highlight that this figure is an average across all job sectors. Globally, the average for 2024 is 0.9%.Download chartGet chart linkShare on FacebookShare on Twitter
In 2024 employees in Somalia received around 0.9% salary increase. Please note that this is average across all job sectors. In comparison worldwide average for 2024 is 0.9%.

Historical Graph of Annual Salary Increments in Somalia

In recent years, the salary of employees in Somalia has witnessed an average yearly increase of 4.1%. This corresponds to a range of 0.9% to 7.1% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
The salary of employees in Somalia has been increasing in recent years, with an average yearly increment of 4.1%. The increment ranges from 0.9% to 7.1% per year.

Salary Forecast and Trends for the Future in Somalia

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 4.3%. Estimated range is between 2.3% and 6.5%.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 4.3%. Estimated range is between 2.3% and 6.5%.

Gender Wage Gap in Somalia

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

The wage gap in Somalia currently stands at 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Somalia is 7.0%.
It's due to many factors, such as:
  • Gender disparity.
  • On average, women take 10% extra days of paid vacation per year compared to men.
  • College degrees are less common among women compared to men.
  • Females are more inclined than males to assume caregiving responsibilities for children and elderly relatives.
  • Part-time employment is disproportionately dominated by women, who usually earn less than their full-time counterparts.
  • 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 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. 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 successful completion of high school and attainment of a bachelor's degree bring forth a wide range of advantages. Primarily, they greatly enhance one's career prospects by increasing earning potential and opening doors to a broader range of job opportunities. Apart from monetary benefits, pursuing a bachelor's degree nurtures personal growth, fosters critical thinking skills, and enables specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and promotes the development of a global perspective. Ultimately, the journey from high school to a bachelor's degree is a transformative endeavor that leads to a more enriching 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 indicative of someone's commitment to knowledge and their potential for a successful 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 17%-21% 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 13%-17%. Expertise and leadership secure 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 17%-21% 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 around 13%-17%. Expertise and leadership garner 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 Somalia

What is the average hourly wage in the Somalia?

Average Hourly Wage
2USD
Low 1 USD
Average 2 USD
High 10 USD

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

  • Income instability: Hourly wages may result in irregular or fluctuating income, making it difficult 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 ordinarily related 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 hard 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 may be limited opportunities for career growth, professional development, or upward mobility within the organization in some hourly jobs.
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 Somalia

What are the best paying jobs in Somalia?

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

Highest paying jobs Somalia?

  1. Surgeon (USD 1,700)
  2. Doctor (USD 1,500)
  3. Chief Executive Officer (CEO) (USD 1,400)
  4. Registered Nurse Anesthetist (USD 1,400)
  5. Dentist (USD 1,400)
  6. Airline Pilot (USD 1,300)
  7. Intellectual Property Lawyer (USD 1,300)
  8. Marketing Manager (USD 1,100)
  9. Marketing Director (USD 1,100)
  10. Sales Director (USD 1,100)
  11. Sales Manager (USD 1,100)
  12. Petroleum Engineer (USD 1,000)
  13. Brand Manager (USD 980)
  14. Marketer (USD 980)
  15. Judge (USD 970)
  16. Treasurer (USD 950)
  17. Controller (USD 950)
  18. Pharmacist (USD 930)
  19. Tax Lawyer (USD 920)
  20. Lawyer (USD 920)
List with worst paid jobs in SomaliaDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Somalia?

  1. Cashier (USD 180)
  2. Childcare Worker (USD 190)
  3. Stock clerk (USD 190)
  4. Elder Care Worker (USD 190)
  5. Receptionist (USD 200)
  6. Bartender (USD 220)
  7. Food and beverage server (USD 220)
  8. Janitor (USD 220)
  9. Waiter (USD 220)
  10. Tour Guide (USD 220)
  11. Customer Service Representative (USD 270)
  12. Hotel Concierge (USD 270)
  13. Rehabilitation Counselor (USD 270)
  14. Travel Agent (USD 300)
  15. Secretary (USD 310)
  16. Painter (USD 320)
  17. Carpenter (USD 330)
  18. Bus Driver (USD 330)
  19. Artist (USD 340)
  20. Truck Driver (USD 340)
List with best paid industries in SomaliaDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,100)
  2. Business and Management (USD 880)
  3. Marketing and Sales (USD 810)
  4. Engineering (USD 750)
  5. Law (USD 710)
  6. Accounting and Finance (USD 710)
  7. Computer and Information Technology (USD 690)
  8. Transportation and Logistics (USD 680)
  9. Science (USD 670)
  10. Education and Training (USD 560)
  11. Other (USD 410)
  12. Hospitality and Tourism (USD 350)
  13. Social Services (USD 290)
  14. Services (USD 260)