Average Salary in Tuvalu 2024

Discover the salary landscape in Tuvalu, where this insightful article unveils fascinating details about the pay scale, wage gap, salary yearly increments, and breakdown over education level or year of experience. Gain a comprehensive understanding of the economic structure in Tuvalu as you explore the factors influencing salaries and the varying remuneration across different educational qualifications and levels of experience. Stay informed and empowered with valuable insights to navigate the salary dynamics in Tuvalu.
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 Tuvalu in 2024?

What is the average salary in Tuvalu in 2024?
5,600USD
(USD 66,500 yearly)
Low 2,500 USD
Average 5,600 USD
High 24,500 USD
The average salary in Tuvalu is typically USD 5,600 per month. However, salaries can range from USD 2,500 (lowest average) to USD 24,500 (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 Tuvalu in 2023, salaries changed by +0.8% so far. Looking ahead, economists project a gradual recovery in the job market. Full comparison between 2023 and 2024 will be conducted by the year's end.

Pay Scale and Salaries in Tuvalu

Pay Scale Comparison and Salary Structure

Nearly everyone earns less than USD 24,500, 75% of the people earn USD 7,700 or less. 50% employees earn less USD 5,400 or less, 25% of the employees earn less than USD 4,100.Download chartGet chart linkShare on FacebookShare on Twitter

Salary Structure

Nearly everyone earns less than USD 24,500, 75% of the people earn USD 7,700 or less. 50% employees earn less USD 5,400 or less, 25% of the employees earn less than USD 4,100.

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 Tuvalu the minimum salary is USD 2,500.

Median Salary

By considering the median salary in Tuvalu of USD 4,400, 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 Tuvalu the salary ranges from USD 2,500 to USD 24,500.

Annual Salary Increments in Tuvalu

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

In 2024, Tuvalu employees received an average salary increase of 0.8%. It's essential to note that this is an average figure across all job sectors. Globally, the average salary increment for 2024 is 0.8%.Download chartGet chart linkShare on FacebookShare on Twitter
During 2024, Tuvalu 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%.

Historical Graph of Annual Salary Increments in Tuvalu

In recent years, the salary of employees in Tuvalu has witnessed an average yearly increase of 3.0%. This corresponds to a range of 0.8% to 5.5% increment per year.Download chartGet chart linkShare on FacebookShare on Twitter
The average yearly salary increase for employees in Tuvalu over the past years ranged from 0.8% to 5.5%. On average, this represents a 3.0% increment per year.

Salary Forecast and Trends for the Future in Tuvalu

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 3.1%. Estimated range is between 1.7% and 4.8%.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 3.1%. Estimated range is between 1.7% and 4.8%.

Gender Wage Gap in Tuvalu

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

The gender pay gap in Tuvalu is currently 7.0%.Download chartGet chart linkShare on FacebookShare on Twitter
The gender pay disparity in Tuvalu is 7.0%.
It's due to many factors, such as:
  • Gender bias.
  • On average, women take 10% more days of paid vacation than men each year.
  • Compared to men, women are less likely to hold a college degree.
  • 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?

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

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. 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 14%-18% 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 11%-15%. Expertise and leadership acquire 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 14%-18% 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 11%-15%. 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 Tuvalu

What is the average hourly wage in the Tuvalu?

Average Hourly Wage
33USD
Low 15 USD
Average 33 USD
High 144 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 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 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 disturb work-life balance and make it difficult to maintain consistent routines.
  • Uncertain job security: Hourly positions have a higher risk of job insecurity compared to salaried positions because of their susceptibility to layoffs, downsizing, or changes in demand.
  • Limited career advancement: Limited opportunities for career growth, professional development, or upward mobility within the organization may be observed in certain 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 Tuvalu

What are the best paying jobs in Tuvalu?

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

Highest paying jobs Tuvalu?

  1. Surgeon (USD 24,200)
  2. Doctor (USD 21,800)
  3. Chief Executive Officer (CEO) (USD 20,800)
  4. Registered Nurse Anesthetist (USD 20,300)
  5. Dentist (USD 19,400)
  6. Airline Pilot (USD 18,800)
  7. Intellectual Property Lawyer (USD 18,100)
  8. Marketing Manager (USD 16,000)
  9. Marketing Director (USD 16,000)
  10. Sales Director (USD 15,100)
  11. Sales Manager (USD 15,100)
  12. Petroleum Engineer (USD 14,900)
  13. Brand Manager (USD 14,600)
  14. Marketer (USD 14,600)
  15. Judge (USD 14,400)
  16. Treasurer (USD 14,200)
  17. Controller (USD 14,200)
  18. Pharmacist (USD 13,800)
  19. Tax Lawyer (USD 13,600)
  20. Lawyer (USD 13,600)
List with worst paid jobs in TuvaluDownload chartGet chart linkShare on FacebookShare on Twitter

Lowest paying jobs Tuvalu?

  1. Cashier (USD 2,700)
  2. Childcare Worker (USD 2,800)
  3. Stock clerk (USD 2,800)
  4. Elder Care Worker (USD 2,800)
  5. Receptionist (USD 2,900)
  6. Bartender (USD 3,200)
  7. Food and beverage server (USD 3,200)
  8. Janitor (USD 3,200)
  9. Waiter (USD 3,300)
  10. Tour Guide (USD 3,300)
  11. Customer Service Representative (USD 4,000)
  12. Hotel Concierge (USD 4,000)
  13. Rehabilitation Counselor (USD 4,100)
  14. Travel Agent (USD 4,400)
  15. Secretary (USD 4,500)
  16. Painter (USD 4,700)
  17. Carpenter (USD 4,900)
  18. Bus Driver (USD 5,000)
  19. Artist (USD 5,000)
  20. Truck Driver (USD 5,100)
List with best paid industries in TuvaluDownload chartGet chart linkShare on FacebookShare on Twitter

Highest paying jobs by industry

  1. Healthcare (USD 15,500)
  2. Business and Management (USD 13,200)
  3. Marketing and Sales (USD 12,100)
  4. Engineering (USD 11,200)
  5. Law (USD 10,600)
  6. Accounting and Finance (USD 10,500)
  7. Computer and Information Technology (USD 10,300)
  8. Transportation and Logistics (USD 10,000)
  9. Science (USD 10,000)
  10. Education and Training (USD 8,300)
  11. Other (USD 6,100)
  12. Hospitality and Tourism (USD 5,100)
  13. Social Services (USD 4,200)
  14. Services (USD 3,900)