Home > Salary > Iraq > Banker 1
A banker is a professional who works in the financial industry, primarily in banks and other financial institutions. They are responsible for providing a wide range of financial services to individuals, businesses, and organizations. Bankers play a crucial role in managing deposits, loans, and investments, and they assist clients in achieving their financial goals. They analyze financial data, assess risks, and make informed decisions regarding loans and investments. Bankers also provide advice on financial planning, wealth management, and investment strategies. They handle transactions, open and close accounts, and ensure compliance with banking regulations and policies. Effective communication, strong analytical skills, attention to detail, and customer service orientation are essential qualities for success in this occupation.
Estimated Yearly Salary: 5,134,040 IQD
Estimated Monthly Salary: 427,837 IQD
Estimated Weekly Salary: 98,732 IQD per week
Estimated Hourly Salary: 2,468 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 411,873 IQD
Estimated Weekly Salary: 95,048 IQD per week
Estimated Hourly Salary: 2,376 IQD per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 3,440 USD
Estimated Monthly Salary: 287 USD
Estimated Weekly Salary: 66 USD per week
Estimated Hourly Salary: 2 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: 5,134,040 IQD
Estimated Monthly Salary: 427,837 IQD
Estimated Weekly Salary: 98,732 IQD per week
Estimated Hourly Salary: 2,468 IQD per hour
By working as Banker 1 a person can save up to 47 USD per month or 560 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.
Estimated Yearly Salary for Banker 1
Last revision of data: 2025-01-04
Data as of 2025
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Armored car guard driver (3,965,597 IQD per year, pre-tax.)
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Banker 1 salary in Iraq
Average Yearly Salary of Banker 1 in Iraq is approximately 5,134,040 IQD (3,440 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 Banker 1 do?
A banker is a professional who works in the financial industry, primarily in banks and other financial institutions. They are responsible for providing a wide range of financial services to individuals, businesses, and organizations. Bankers play a crucial role in managing deposits, loans, and investments, and they assist clients in achieving their financial goals. They analyze financial data, assess risks, and make informed decisions regarding loans and investments. Bankers also provide advice on financial planning, wealth management, and investment strategies. They handle transactions, open and close accounts, and ensure compliance with banking regulations and policies. Effective communication, strong analytical skills, attention to detail, and customer service orientation are essential qualities for success in this occupation.
Skills: Financial services, Banking industry, Investments, Risk assessment, Financial planning, Customer service.
Job industry: Finance
Job industry: Finance
How much does Banker 1 make?
Salary details
How much does Banker 1 make?Estimated Yearly Salary: 5,134,040 IQD
Estimated Monthly Salary: 427,837 IQD
Estimated Weekly Salary: 98,732 IQD per week
Estimated Hourly Salary: 2,468 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 4,942,470 IQDEstimated Monthly Salary: 411,873 IQD
Estimated Weekly Salary: 95,048 IQD per week
Estimated Hourly Salary: 2,376 IQD per hour
Last revision of data: 2024-01-08Banker 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 3,440 USD
Estimated Monthly Salary: 287 USD
Estimated Weekly Salary: 66 USD per week
Estimated Hourly Salary: 2 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Banker 1 job salary compared to average salary in Iraq.
Comparison shows that a person working as Banker 1 in Iraq earns on average:
0.63 times the average salary (or 63% of average salary).
Estimated national average yearly salary is 8,160,000 IQD (6,000 USD). Value indicated is pre-tax. Below graph shows estimated Banker 1 job salary compared to average salary in Iraq.
Comparison shows that a person working as Banker 1 in Iraq earns on average:
0.63 times the average salary (or 63% of average salary).
Is Banker 1 a well paid job?
No, our data shows that Banker 1 is typically not a well-paid job. The salary varies based on experience. Meaning that even though Banker 1 might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Banker 1?
High salary for Banker 1 would be somewhere between 5,647,444 IQD and 7,444,358 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banker 1 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: 5,134,040 IQD
Estimated Monthly Salary: 427,837 IQD
Estimated Weekly Salary: 98,732 IQD per week
Estimated Hourly Salary: 2,468 IQD per hour
By working as Banker 1 a person can save up to 47 USD per month or 560 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 Banker 1
Iran is 4,552 USD
Jordan is 5,470 USD
Kuwait is 7,702 USD
Saudi Arabia is 15,926 USD
Syria is 2,118 USD
Turkey is 6,087 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 Iraq
(93,035,848 IQD per year, pre-tax.)
2. Cardiologist
(77,420,383 IQD per year, pre-tax.)
(74,436,118 IQD per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Urologist
(70,443,660 IQD per year, pre-tax.)
10. Oncologist
(70,429,777 IQD per year, pre-tax.)
Data as of 2025Random salary:
Biopharmaceutical technician (5,768,141 IQD per year, pre-tax.)
Music manager (7,570,685 IQD per year, pre-tax.)
Clergy member (2,692,800 IQD per year, pre-tax.)
Armored car guard driver (3,965,597 IQD per year, pre-tax.)
Laboratory tester (7,075,068 IQD per year, pre-tax.)
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