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Valuation Associate salary in Ethiopia

Average Yearly Salary of Valuation Associate in Ethiopia is approximately 152,159 ETB (2,539 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 Valuation Associate do?

occupation personasA Valuation Associate is responsible for conducting financial analysis and providing valuation services for a variety of assets, including businesses, real estate, and investment portfolios. They work closely with senior team members to gather relevant data, perform market research, and apply appropriate valuation methodologies to determine the value of an asset. Valuation Associates also prepare reports and presentations to communicate their findings to clients or internal stakeholders. They may assist in due diligence activities, such as reviewing financial statements and conducting industry research. Strong analytical skills, attention to detail, and knowledge of financial modeling are essential for this role. Additionally, Valuation Associates should have a solid understanding of accounting principles and be proficient in using valuation software and tools.

Skills: Valuation, Financial Analysis, Market Research, Asset Valuation, Financial Modeling, Accounting Principles
Job industry: Consulting


How much does Valuation Associate make?

Salary details
How much does Valuation Associate make?
Estimated Yearly Salary: 152,159 ETB
Estimated Monthly Salary: 12,680 ETB
Estimated Weekly Salary: 2,926 ETB per week
Estimated Hourly Salary: 73 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 146,940 ETB
Estimated Monthly Salary: 12,245 ETB
Estimated Weekly Salary: 2,826 ETB per week
Estimated Hourly Salary: 71 ETB per hour
Last revision of data: 2024-01-02



Valuation Associate estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 2,539 USD
Estimated Monthly Salary: 212 USD
Estimated Weekly Salary: 49 USD per week
Estimated Hourly Salary: 1 USD per hour


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

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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 Valuation Associate job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Valuation Associate in Ethiopia earns on average:
1.45 times the average salary (or 145% of average salary).

Is Valuation Associate a well paid job?

Yes, our data shows that Valuation Associate 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 Valuation Associate?

High salary for Valuation Associate would be somewhere between 167,375 ETB and 220,631 ETB. However this is an estimation based on Gaussian Distribution.

How much can you save working as Valuation Associate 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: 152,159 ETB
Estimated Monthly Salary: 12,680 ETB
Estimated Weekly Salary: 2,926 ETB per week
Estimated Hourly Salary: 73 ETB per hour
By working as Valuation Associate a person can save up to 135 USD per month or 1,617 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 Valuation Associate

Sudan is 1,003 USDdown arrow 60%
Details on Valuation Associate salary in Sudan
Kenya is 7,906 USDup arrow 211%
Details on Valuation Associate 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

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The salary figures presented here are meant for informational purposes solely.
Salary information displayed on this site is informational only. Our figures come from various inputs, but we do not guarantee absolute correctness. Users should always double-check salary details with additional resources before making financial decisions. Salaries differ due to economic trends, job location, and negotiation skills. We make no assurances about the completeness of the provided salary data. By navigating this site, you acknowledge these terms.
The salary data on this site is intended for informational purposes exclusively. We provide salary insights based on multiple sources, but cannot guarantee absolute accuracy. Users should consistently cross-check salary details with other trusted sources before making career-related decisions. Fluctuations in salary amounts may occur due to various circumstances, including location, experience, and industry. We do not extend any warranty regarding the completeness of the provided salary information. Use of this website constitutes acknowledgment of these terms.