Home > Salary > Iraq > Banking Analyst
A banking analyst is a financial professional who specializes in evaluating and analyzing the performance of banks and financial institutions. They are responsible for conducting research, gathering data, and preparing reports on various aspects such as financial statements, market trends, risk assessment, and investment opportunities. Banking analysts also monitor regulatory compliance, assess creditworthiness, and provide recommendations to senior management or clients.
The role of a banking analyst requires strong analytical skills, attention to detail, and proficiency in financial modeling and data analysis. They must stay updated with industry trends, economic developments, and regulatory changes that may impact the banking sector. Effective communication and presentation skills are essential for conveying complex financial information to stakeholders.
Estimated Yearly Salary: 12,374,537 IQD
Estimated Monthly Salary: 1,031,211 IQD
Estimated Weekly Salary: 237,972 IQD per week
Estimated Hourly Salary: 5,949 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 993,434 IQD
Estimated Weekly Salary: 229,254 IQD per week
Estimated Hourly Salary: 5,731 IQD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,351 USD
Estimated Monthly Salary: 696 USD
Estimated Weekly Salary: 161 USD per week
Estimated Hourly Salary: 4 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: 12,374,537 IQD
Estimated Monthly Salary: 1,031,211 IQD
Estimated Weekly Salary: 237,972 IQD per week
Estimated Hourly Salary: 5,949 IQD per hour
By working as Banking Analyst a person can save up to 456 USD per month or 5,471 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 Banking Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Banking Analyst salary in Iraq
Average Yearly Salary of Banking Analyst in Iraq is approximately 12,374,537 IQD (8,351 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 Banking Analyst do?
A banking analyst is a financial professional who specializes in evaluating and analyzing the performance of banks and financial institutions. They are responsible for conducting research, gathering data, and preparing reports on various aspects such as financial statements, market trends, risk assessment, and investment opportunities. Banking analysts also monitor regulatory compliance, assess creditworthiness, and provide recommendations to senior management or clients.
The role of a banking analyst requires strong analytical skills, attention to detail, and proficiency in financial modeling and data analysis. They must stay updated with industry trends, economic developments, and regulatory changes that may impact the banking sector. Effective communication and presentation skills are essential for conveying complex financial information to stakeholders.
Skills: Banking, Financial Analysis, Risk Assessment, Investment Opportunities, Regulatory Compliance, Financial Modeling
Job industry: Finance
Job industry: Finance
How much does Banking Analyst make?
Salary details
How much does Banking Analyst make?Estimated Yearly Salary: 12,374,537 IQD
Estimated Monthly Salary: 1,031,211 IQD
Estimated Weekly Salary: 237,972 IQD per week
Estimated Hourly Salary: 5,949 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,921,208 IQDEstimated Monthly Salary: 993,434 IQD
Estimated Weekly Salary: 229,254 IQD per week
Estimated Hourly Salary: 5,731 IQD per hour
Last revision of data: 2024-01-05Banking Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,351 USD
Estimated Monthly Salary: 696 USD
Estimated Weekly Salary: 161 USD per week
Estimated Hourly Salary: 4 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
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 Banking Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Banking Analyst in Iraq earns on average:
1.52 times the average salary (or 152% 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 Banking Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Banking Analyst in Iraq earns on average:
1.52 times the average salary (or 152% of average salary).
Is Banking Analyst a well paid job?
Yes, our data shows that Banking 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 Banking Analyst?
High salary for Banking Analyst would be somewhere between 13,611,991 IQD and 17,943,079 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Banking 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: 12,374,537 IQD
Estimated Monthly Salary: 1,031,211 IQD
Estimated Weekly Salary: 237,972 IQD per week
Estimated Hourly Salary: 5,949 IQD per hour
By working as Banking Analyst a person can save up to 456 USD per month or 5,471 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 Banking Analyst
Iran is 11,000 USD
Jordan is 13,230 USD
Kuwait is 18,592 USD
Saudi Arabia is 38,283 USD
Syria is 5,095 USD
Turkey is 14,751 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:
Air force lieutenant colonel air (19,772,844 IQD per year, pre-tax.)
Physician doctor physiatrist (35,861,436 IQD per year, pre-tax.)
Chemical engineer research development (rd) (14,053,806 IQD per year, pre-tax.)
Bus driver school (5,385,600 IQD per year, pre-tax.)
Job site superintendent (10,757,838 IQD per year, pre-tax.)
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All salary data on this website are for informational use only. We compile data from numerous reliable sources, yet cannot ensure complete accuracy. Before making career decisions, users should cross-check with additional authoritative sources. Salaries fluctuate due to various factors, including economic conditions, job market trends, and geographic location. We deny any liability for errors in the salary information provided here. Your engagement with this website constitutes acceptance of this policy.