Banker 1 salary in Algeria

Average Yearly Salary of Banker 1 in Algeria is approximately 1,390,043 DZD (8,040 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banker 1 do?

A banker is a professional who works in the financial industry, primarily in banks and other financial institutions. They are responsible for providing a wide range of financial services to individuals, businesses, and organizations. Bankers play a crucial role in managing deposits, loans, and investments, and they assist clients in achieving their financial goals. They analyze financial data, assess risks, and make informed decisions regarding loans and investments. Bankers also provide advice on financial planning, wealth management, and investment strategies. They handle transactions, open and close accounts, and ensure compliance with banking regulations and policies. Effective communication, strong analytical skills, attention to detail, and customer service orientation are essential qualities for success in this occupation.

Skills: Financial services, Banking industry, Investments, Risk assessment, Financial planning, Customer service.
Job industry: Finance

How much does Banker 1 make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Banker 1 a well paid job?

No, our data shows that Banker 1 is typically not a well-paid job. The salary varies based on experience. Meaning that even though Banker 1 might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Banker 1?

High salary for Banker 1 would be somewhere between 1,529,047 DZD and 2,015,562 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banker 1 in Algeria?

Living in Algeria the approximate monthly expenses are: 560 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 1,390,043 DZD
Estimated Monthly Salary: 115,837 DZD
Estimated Weekly Salary: 26,732 DZD per week
Estimated Hourly Salary: 668 DZD per hour
By working as Banker 1 a person can save up to 110 USD per month or 1,320 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Algeria, see costs of living in Algeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Tunisia, Libya, Niger, Mali, Mauritania, Western Sahara, Morocco.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banker 1

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Algeria

Data as of 2025

Random salary:
Art teacher (2,164,749 DZD per year, pre-tax.)
Graduate software engineer (3,616,738 DZD per year, pre-tax.)
Business analyst sales operations (2,903,978 DZD per year, pre-tax.)
Education admissions evaluator (1,927,220 DZD per year, pre-tax.)
Hr department supervisor (1,636,753 DZD per year, pre-tax.)

Feedback about these results