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Credit Manager salary in Algeria

Average Yearly Salary of Credit Manager in Algeria is approximately 3,251,153 DZD (18,776 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 Credit Manager do?

occupation personasA credit manager is responsible for overseeing the credit granting process within an organization. They play a crucial role in managing the company's credit risk and ensuring that customers adhere to payment terms and conditions. Their main duties include evaluating creditworthiness of potential customers, setting credit limits, monitoring credit accounts, and collecting overdue payments. Additionally, credit managers establish and maintain relationships with clients, negotiate payment plans, and provide guidance on credit-related matters to other departments.

Skills: Credit management, Risk assessment, Financial analysis, Debt collection, Customer relations, Payment terms
Job industry: Finance


How much does Credit Manager make?

Salary details
How much does Credit Manager make?
Estimated Yearly Salary: 3,251,153 DZD
Estimated Monthly Salary: 270,929 DZD
Estimated Weekly Salary: 62,522 DZD per week
Estimated Hourly Salary: 1,563 DZD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 3,141,507 DZD
Estimated Monthly Salary: 261,792 DZD
Estimated Weekly Salary: 60,414 DZD per week
Estimated Hourly Salary: 1,510 DZD per hour
Last revision of data: 2024-01-03



Credit Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 18,776 USD
Estimated Monthly Salary: 1,565 USD
Estimated Weekly Salary: 361 USD per week
Estimated Hourly Salary: 9 USD per hour


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

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Algeria, located in North Africa, is the largest country on the continent and the 10th largest in the world. It covers an area of approximately 2.38 million square kilometers. The population of Algeria is estimated to be around 44 million people. The country is known for its diverse landscapes, including the Sahara Desert, the Atlas Mountains, and the Mediterranean coastline.

Estimated national average yearly salary is 2,226,560 DZD (14,000 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Algeria.
Comparison shows that a person working as Credit Manager in Algeria earns on average:
1.46 times the average salary (or 146% of average salary).

Is Credit Manager a well paid job?

Yes, our data shows that Credit Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Credit Manager?

High salary for Credit Manager would be somewhere between 3,576,268 DZD and 4,714,172 DZD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Credit Manager 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: 3,251,153 DZD
Estimated Monthly Salary: 270,929 DZD
Estimated Weekly Salary: 62,522 DZD per week
Estimated Hourly Salary: 1,563 DZD per hour
By working as Credit Manager a person can save up to 1,005 USD per month or 12,056 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 Credit Manager

Tunisia is 16,058 USDdown arrow 14%
Details on Credit Manager salary in Tunisia
Morocco is 20,128 USDup arrow 7%
Details on Credit Manager salary in Morocco
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(25,311,833 DZD per year, pre-tax.)
(21,013,816 DZD per year, pre-tax.)
(20,364,684 DZD per year, pre-tax.)
(19,663,767 DZD per year, pre-tax.)
(19,645,969 DZD per year, pre-tax.)
(19,276,089 DZD per year, pre-tax.)
(19,266,856 DZD per year, pre-tax.)
(19,264,961 DZD per year, pre-tax.)
(19,152,386 DZD per year, pre-tax.)
(19,151,120 DZD per year, pre-tax.)

Data as of 2025

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Project management manager (3,785,152 DZD per year, pre-tax.)
Vehicle salesperson (1,161,522 DZD per year, pre-tax.)
Personal banking officer (1,672,280 DZD per year, pre-tax.)

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The salary data on this site is intended for informational purposes only. We provide salary insights derived from multiple sources, but cannot guarantee absolute precision. Users should consistently cross-check salary details with other reliable sources before making financial choices. Fluctuations in salary figures may occur due to various circumstances, including company policies, market demand, and individual skills. We do not extend any warranty regarding the completeness of the displayed salary information. Use of optisalary.com constitutes acknowledgment of these terms.
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