Average Salary in Turkmenistan 2024

Unveiling the intricate salary landscape of Turkmenistan, this article navigates through various aspects, shedding light on the country's pay scale, wage gap, yearly increments, and the breakdown based on education level and years of experience. Offering in-depth insights and analysis, it provides an overarching view of the dynamics shaping the earning potential in Turkmenistan. Explore the intricate details of salaries in this Central Asian nation and uncover the factors influencing income distribution and progression for individuals across diverse backgrounds.
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 Turkmenistan in 2024?

What is the average salary in Turkmenistan in 2024?
560USD
(USD 6,700 yearly)
Low 260 USD
Average 560 USD
High 2,500 USD
You can expect to earn around USD 560 per month if you work in Turkmenistan. Keep in mind that salaries can range from USD 260 (lowest average) to USD 2,500 (highest average, actual maximum salary is higher). This average salary includes housing, transport, and other benefits. Salaries differ greatly depending on the career. For detailed salary information on specific job titles, please refer below.
In comparison with average salary in Turkmenistan in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. At the end of the year, we will be able to fully compare 2023 and 2024.

Pay Scale and Salaries in Turkmenistan

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 2,500, 75% of the people earn USD 770 or less. 50% employees earn less USD 540 or less, 25% of the employees earn less than USD 410.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 2,500, 75% of the people earn USD 770 or less. 50% employees earn less USD 540 or less, 25% of the employees earn less than USD 410.

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 Turkmenistan the minimum salary is USD 260.

Median Salary

The median salary in Turkmenistan 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 Turkmenistan the salary ranges from USD 260 to USD 2,500.

Annual Salary Increments in Turkmenistan

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

During 2024, Turkmenistan recorded an average salary increment of around 0.8% for its employees, spanning various job sectors. On a global scale, the average salary increase for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, employees in Turkmenistan witnessed an average salary growth of 0.8%. This represents an overall average across various job sectors. The worldwide average for 2024 is 0.8%.

Historical Graph of Annual Salary Increments in Turkmenistan

Within the past years, employees in Turkmenistan have seen their salaries increase by an average of 4.2% per year. This encompasses a range of -0.5% to 7.9% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
Employees in Turkmenistan received in recent years salary increase from -0.5% to 7.9% on average per year. It means 4.2% increment per year on average.

Salary Forecast and Trends for the Future in Turkmenistan

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 3.9%. Estimated range is between 2.1% and 5.9%.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 3.9%. Estimated range is between 2.1% and 5.9%.

Gender Wage Gap in Turkmenistan

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

The gender pay gap in Turkmenistan is currently 9.0%.Download chartGet chart linkShare on FacebookShare on Twitter
Actual wage gap in Turkmenistan is 9.0%.
It's due to many factors, such as:
  • Gender discrimination.
  • On average, women take 10% more days of paid vacation than men each year.
  • College degrees are less common among women compared to men.
  • Compared to men, women are more likely to take on 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.
  • Women are more likely to work in lower-paying occupations 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

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. Along with financial rewards, pursuing a bachelor's degree promotes personal growth, cultivates critical thinking skills, and allows for specialization in a chosen field of interest. Furthermore, it facilitates valuable networking possibilities and fosters the development 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. demonstrates a strong dedication to knowledge and paves the way 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 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 9%-13%. Expertise and leadership yield 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 nearly 9%-13%. Expertise and leadership acquire 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 Turkmenistan

What is the average hourly wage in the Turkmenistan?

Average Hourly Wage
3USD
Low 2 USD
Average 3 USD
High 14 USD

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

  • Income instability: Budgeting and planning for expenses can be difficult due to the irregular or fluctuating income that hourly wages may result in.
  • 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 disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions may experience higher job insecurity than salaried positions due to their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: In certain cases, hourly positions may have limited 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 Turkmenistan

What are the best paying jobs in Turkmenistan?

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

Highest paying jobs Turkmenistan?

  1. Surgeon (USD 2,500)
  2. Doctor (USD 2,200)
  3. Chief Executive Officer (CEO) (USD 2,100)
  4. Registered Nurse Anesthetist (USD 2,100)
  5. Dentist (USD 2,000)
  6. Airline Pilot (USD 1,900)
  7. Intellectual Property Lawyer (USD 1,900)
  8. Marketing Manager (USD 1,700)
  9. Marketing Director (USD 1,700)
  10. Sales Director (USD 1,600)
  11. Sales Manager (USD 1,600)
  12. Petroleum Engineer (USD 1,500)
  13. Brand Manager (USD 1,500)
  14. Marketer (USD 1,500)
  15. Judge (USD 1,500)
  16. Treasurer (USD 1,500)
  17. Controller (USD 1,500)
  18. Pharmacist (USD 1,400)
  19. Tax Lawyer (USD 1,400)
  20. Lawyer (USD 1,400)
List with worst paid jobs in TurkmenistanDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Turkmenistan?

  1. Cashier (USD 270)
  2. Childcare Worker (USD 280)
  3. Stock clerk (USD 280)
  4. Elder Care Worker (USD 290)
  5. Receptionist (USD 300)
  6. Bartender (USD 320)
  7. Food and beverage server (USD 320)
  8. Janitor (USD 330)
  9. Waiter (USD 330)
  10. Tour Guide (USD 330)
  11. Customer Service Representative (USD 400)
  12. Hotel Concierge (USD 400)
  13. Rehabilitation Counselor (USD 410)
  14. Travel Agent (USD 440)
  15. Secretary (USD 460)
  16. Painter (USD 470)
  17. Carpenter (USD 490)
  18. Bus Driver (USD 500)
  19. Artist (USD 500)
  20. Truck Driver (USD 510)
List with best paid industries in TurkmenistanDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 1,600)
  2. Business and Management (USD 1,400)
  3. Marketing and Sales (USD 1,300)
  4. Engineering (USD 1,200)
  5. Law (USD 1,100)
  6. Accounting and Finance (USD 1,100)
  7. Computer and Information Technology (USD 1,100)
  8. Transportation and Logistics (USD 1,100)
  9. Science (USD 1,000)
  10. Education and Training (USD 830)
  11. Other (USD 620)
  12. Hospitality and Tourism (USD 520)
  13. Social Services (USD 430)
  14. Services (USD 390)