Home > Salary > Ethiopia > Rating Analyst
A rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.
Estimated Yearly Salary: 87,300 ETB
Estimated Monthly Salary: 7,275 ETB
Estimated Weekly Salary: 1,679 ETB per week
Estimated Hourly Salary: 42 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 7,010 ETB
Estimated Weekly Salary: 1,618 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 1,451 USD
Estimated Monthly Salary: 121 USD
Estimated Weekly Salary: 28 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 87,300 ETB
Estimated Monthly Salary: 7,275 ETB
Estimated Weekly Salary: 1,679 ETB per week
Estimated Hourly Salary: 42 ETB per hour
By working as Rating Analyst a person can save up to 44 USD per month or 529 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.
Estimated Yearly Salary for Rating Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
General manager global workforce development (133,602 ETB per year, pre-tax.)
Labor relations consultant (189,060 ETB per year, pre-tax.)
Payroll officer (83,672 ETB per year, pre-tax.)
.net senior developer (154,440 ETB per year, pre-tax.)
Wholesale title clerk autotruck (51,133 ETB per year, pre-tax.)
Rating Analyst salary in Ethiopia
Average Yearly Salary of Rating Analyst in Ethiopia is approximately 87,300 ETB (1,451 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 Rating Analyst do?
A rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.
Skills: Rating Analyst, Credit Analysis, Risk Assessment, Financial Ratings, Investment Research, Creditworthiness Evaluation
Job industry: Finance
Job industry: Finance
How much does Rating Analyst make?
Salary details
How much does Rating Analyst make?Estimated Yearly Salary: 87,300 ETB
Estimated Monthly Salary: 7,275 ETB
Estimated Weekly Salary: 1,679 ETB per week
Estimated Hourly Salary: 42 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 84,120 ETBEstimated Monthly Salary: 7,010 ETB
Estimated Weekly Salary: 1,618 ETB per week
Estimated Hourly Salary: 40 ETB per hour
Last revision of data: 2024-01-03Rating Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 1,451 USD
Estimated Monthly Salary: 121 USD
Estimated Weekly Salary: 28 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
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 Rating Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Rating Analyst in Ethiopia earns on average:
0.83 times the average salary (or 83% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Rating Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Rating Analyst in Ethiopia earns on average:
0.83 times the average salary (or 83% of average salary).
Is Rating Analyst a well paid job?
Yes, our data show that Rating Analyst 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 Rating Analyst?
High salary for Rating Analyst would be somewhere between 96,030 ETB and 126,585 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Rating Analyst 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: 87,300 ETB
Estimated Monthly Salary: 7,275 ETB
Estimated Weekly Salary: 1,679 ETB per week
Estimated Hourly Salary: 42 ETB per hour
By working as Rating Analyst a person can save up to 44 USD per month or 529 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 Rating Analyst
Sudan is 575 USD
Kenya is 4,536 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
General manager global workforce development (133,602 ETB per year, pre-tax.)
Labor relations consultant (189,060 ETB per year, pre-tax.)
Payroll officer (83,672 ETB per year, pre-tax.)
.net senior developer (154,440 ETB per year, pre-tax.)
Wholesale title clerk autotruck (51,133 ETB per year, pre-tax.)
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