Home > Salary > Germany > Credit Manager
A 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.
Estimated Yearly Salary: 71,580 EUR
Estimated Monthly Salary: 5,965 EUR
Estimated Weekly Salary: 1,377 EUR per week
Estimated Hourly Salary: 34 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 5,771 EUR
Estimated Weekly Salary: 1,332 EUR per week
Estimated Hourly Salary: 33 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 71,924 USD
Estimated Monthly Salary: 5,994 USD
Estimated Weekly Salary: 1,383 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 71,580 EUR
Estimated Monthly Salary: 5,965 EUR
Estimated Weekly Salary: 1,377 EUR per week
Estimated Hourly Salary: 34 EUR per hour
By working as Credit Manager a person can save up to 3,858 USD per month or 46,297 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 Germany, see costs of living in Germany.
Estimated Yearly Salary for Credit Manager
Last revision of data: 2025-01-04
Data as of 2025
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Credit Manager salary in Germany
Average Yearly Salary of Credit Manager in Germany is approximately 71,580 EUR (71,924 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?
A 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
Job industry: Finance
How much does Credit Manager make?
Salary details
How much does Credit Manager make?Estimated Yearly Salary: 71,580 EUR
Estimated Monthly Salary: 5,965 EUR
Estimated Weekly Salary: 1,377 EUR per week
Estimated Hourly Salary: 34 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 69,252 EUREstimated Monthly Salary: 5,771 EUR
Estimated Weekly Salary: 1,332 EUR per week
Estimated Hourly Salary: 33 EUR per hour
Last revision of data: 2024-01-08Credit Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 71,924 USD
Estimated Monthly Salary: 5,994 USD
Estimated Weekly Salary: 1,383 USD per week
Estimated Hourly Salary: 35 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
Germany, located in Central Europe, is a country known for its rich history, diverse culture, and strong economy. With a population of approximately 83 million people, it is the most populous country in the European Union. Germany covers an area of around 357,022 square kilometers, making it the seventh-largest country in Europe.
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Germany.
Comparison shows that a person working as Credit Manager in Germany earns on average:
1.47 times the average salary (or 147% of average salary).
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in Germany.
Comparison shows that a person working as Credit Manager in Germany earns on average:
1.47 times the average salary (or 147% 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 78,738 EUR and 103,791 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Manager in Germany?
Living in Germany the approximate monthly expenses are: 2,136 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: 71,580 EUR
Estimated Monthly Salary: 5,965 EUR
Estimated Weekly Salary: 1,377 EUR per week
Estimated Hourly Salary: 34 EUR per hour
By working as Credit Manager a person can save up to 3,858 USD per month or 46,297 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 Germany, see costs of living in Germany.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, Netherlands, Poland, Switzerland. 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
Austria is 75,529 USD
Belgium is 65,134 USD
Czech Republic is 35,601 USD
Denmark is 98,125 USD
France is 61,517 USD
Luxembourg is 122,023 USD
Netherlands is 76,948 USD
Poland is 24,624 USD
Switzerland is 119,752 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 Germany
(555,253 EUR per year, pre-tax.)
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(435,504 EUR per year, pre-tax.)
(435,000 EUR per year, pre-tax.)
(425,008 EUR per year, pre-tax.)
(425,006 EUR per year, pre-tax.)
(424,882 EUR per year, pre-tax.)
(423,466 EUR per year, pre-tax.)
10. Oncologist
(423,119 EUR per year, pre-tax.)
Data as of 2025Random salary:
Talent acquisition partner (55,872 EUR per year, pre-tax.)
Securities trader (59,274 EUR per year, pre-tax.)
Brand strategist (55,387 EUR per year, pre-tax.)
Pantry cook (20,177 EUR per year, pre-tax.)
Chief mechanical engineer (87,939 EUR per year, pre-tax.)
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