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Bank Credit Analyst salary in Iraq

Average Yearly Salary of Bank Credit Analyst in Iraq is approximately 11,622,458 IQD (7,871 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 Credit Analyst do?

occupation personasA bank credit analyst is responsible for evaluating the creditworthiness of individuals or businesses applying for loans or lines of credit from a bank. They analyze financial statements, credit reports, and other relevant information to assess the borrower's ability to repay the loan and manage financial risk. The credit analyst also determines the appropriate loan terms and conditions based on their assessment and the bank's lending policies. They may work closely with loan officers, underwriters, and other stakeholders to gather necessary information and make informed decisions. Additionally, the credit analyst monitors existing loans and reviews any changes in the borrower's financial situation to ensure compliance with loan agreements.

Skills: Credit analysis, Financial risk assessment, Loan underwriting, Financial statement analysis, Creditworthiness evaluation, Risk management.
Job industry: Finance


How much does Bank Credit Analyst make?

Salary details
How much does Bank Credit Analyst make?
Estimated Yearly Salary: 11,622,458 IQD
Estimated Monthly Salary: 968,538 IQD
Estimated Weekly Salary: 223,509 IQD per week
Estimated Hourly Salary: 5,588 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,242,452 IQD
Estimated Monthly Salary: 936,871 IQD
Estimated Weekly Salary: 216,201 IQD per week
Estimated Hourly Salary: 5,405 IQD per hour
Last revision of data: 2024-01-06



Bank Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 7,871 USD
Estimated Monthly Salary: 656 USD
Estimated Weekly Salary: 151 USD per week
Estimated Hourly Salary: 4 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

Iraq, a nation in the Middle East, possesses vast oil reserves, fueling its economy and global energy trade. Key industries include oil and gas extraction, agriculture, and a burgeoning construction sector as the nation rebuilds its infrastructure. The rich historical and cultural heritage also draws tourists. However, Iraq faces challenges including political instability and security concerns. Despite these, the country exhibits economic potential and a resilient population, striving to rebuild and diversify its economy beyond oil and embrace a future of growth and stability.

Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Bank Credit Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Bank Credit Analyst in Iraq earns on average:
1.42 times the average salary (or 142% of average salary).

Is Bank Credit Analyst a well paid job?

Yes, our data shows that Bank Credit Analyst 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 Bank Credit Analyst?

High salary for Bank Credit Analyst would be somewhere between 12,784,704 IQD and 16,852,564 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bank Credit Analyst in Iraq?

Living in Iraq the approximate monthly expenses are: 240 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: 11,622,458 IQD
Estimated Monthly Salary: 968,538 IQD
Estimated Weekly Salary: 223,509 IQD per week
Estimated Hourly Salary: 5,588 IQD per hour
By working as Bank Credit Analyst a person can save up to 416 USD per month or 4,991 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 Iraq, see costs of living in Iraq.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Iran, Jordan, Kuwait, Saudi Arabia, Syria, Turkey.
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 Credit Analyst

Iran is 10,330 USDup arrow 31%
Details on Bank Credit Analyst salary in Iran
Jordan is 12,441 USDup arrow 58%
Details on Bank Credit Analyst salary in Jordan
Kuwait is 17,573 USDup arrow 123%
Details on Bank Credit Analyst salary in Kuwait
Saudi Arabia is 35,999 USDup arrow 357%
Details on Bank Credit Analyst salary in Saudi Arabia
Syria is 4,804 USDdown arrow 39%
Details on Bank Credit Analyst salary in Syria
Turkey is 13,821 USDup arrow 76%
Details on Bank Credit Analyst salary in Turkey
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 Iraq

(93,035,848 IQD per year, pre-tax.)
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
(72,585,795 IQD per year, pre-tax.)
(72,416,543 IQD per year, pre-tax.)
(70,778,229 IQD per year, pre-tax.)
(70,769,927 IQD per year, pre-tax.)
(70,594,393 IQD per year, pre-tax.)
(70,443,660 IQD per year, pre-tax.)
(70,429,777 IQD per year, pre-tax.)

Data as of 2025

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