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Bank Accountant salary in Ethiopia

Average Yearly Salary of Bank Accountant in Ethiopia is approximately 117,798 ETB (1,967 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 Bank Accountant do?

occupation personasA bank accountant is responsible for managing and overseeing the financial transactions of a bank. They ensure accurate recording of financial data, including deposits, withdrawals, loans, and investments. Bank accountants analyze financial reports, perform audits, and reconcile accounts to maintain the bank's financial health and compliance with regulations. They also prepare financial statements, budgets, and forecasts to assist in decision-making processes. Additionally, bank accountants collaborate with other departments to provide financial advice and guidance, identify areas for improvement, and implement effective financial controls. This occupation requires strong analytical skills, attention to detail, and knowledge of accounting principles and banking regulations.

Skills: Bank accountant, Financial transactions, Financial analysis, Auditing, Compliance, Financial reporting
Job industry: Banking


How much does Bank Accountant make?

Salary details
How much does Bank Accountant make?
Estimated Yearly Salary: 117,798 ETB
Estimated Monthly Salary: 9,817 ETB
Estimated Weekly Salary: 2,265 ETB per week
Estimated Hourly Salary: 57 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 114,240 ETB
Estimated Monthly Salary: 9,520 ETB
Estimated Weekly Salary: 2,197 ETB per week
Estimated Hourly Salary: 55 ETB per hour
Last revision of data: 2024-01-09



Bank Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 1,967 USD
Estimated Monthly Salary: 164 USD
Estimated Weekly Salary: 38 USD per week
Estimated Hourly Salary: 1 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

Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.

Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Bank Accountant job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Bank Accountant in Ethiopia earns on average:
1.12 times the average salary (or 112% of average salary).

Is Bank Accountant a well paid job?

Yes, our data show that Bank Accountant is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Bank Accountant?

High salary for Bank Accountant would be somewhere between 129,578 ETB and 170,807 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Accountant in Ethiopia?

Living in Ethiopia the approximate monthly expenses are: 77 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: 117,798 ETB
Estimated Monthly Salary: 9,817 ETB
Estimated Weekly Salary: 2,265 ETB per week
Estimated Hourly Salary: 57 ETB per hour
By working as Bank Accountant a person can save up to 87 USD per month or 1,045 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 Ethiopia, see costs of living in Ethiopia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Bank Accountant

Sudan is 778 USDdown arrow 60%
Details on Bank Accountant salary in Sudan
Kenya is 6,147 USDup arrow 213%
Details on Bank Accountant salary in Kenya
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 Ethiopia

(1,198,707 ETB per year, pre-tax.)
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
(911,678 ETB per year, pre-tax.)

Data as of 2025

Random salary:
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Banking administrator (135,185 ETB per year, pre-tax.)
Assistant manager medical office (82,860 ETB per year, pre-tax.)
Bookkeeper (61,350 ETB per year, pre-tax.)
Health information manager (128,100 ETB per year, pre-tax.)

Frequently searched careers by keyword and country
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Salary data displayed on this site is informational exclusively. Our figures come from various inputs, but we do not guarantee their accuracy. Users must always double-check salary details with official platforms before making financial commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no warranties about the validity of the provided salary data. By navigating this site, you acknowledge these terms.
The salary data on this site is designed for informational purposes only. We provide salary insights based on multiple datasets, but do not guarantee absolute accuracy. Users should consistently cross-check salary details with other reliable sources before making career-related decisions. Variations in salary figures may arise due to several factors, including location, experience, and industry. We do not extend any warranty regarding the completeness of the displayed salary data. Use of optisalary.com implies acceptance of these terms.