Home > Salary > Iraq > Commercial Credit Analyst
A commercial credit analyst is responsible for evaluating the creditworthiness of businesses and individuals applying for loans or lines of credit. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with lending money to a particular borrower. The commercial credit analyst also reviews industry trends, economic conditions, and market factors to make informed decisions about loan approvals and interest rates. They collaborate with loan officers and underwriters to ensure compliance with lending policies and regulations. Additionally, they may provide recommendations for credit limits, terms, and conditions to mitigate risk and maximize profitability.
Estimated Yearly Salary: 9,995,807 IQD
Estimated Monthly Salary: 832,984 IQD
Estimated Weekly Salary: 192,227 IQD per week
Estimated Hourly Salary: 4,806 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 807,690 IQD
Estimated Weekly Salary: 186,390 IQD per week
Estimated Hourly Salary: 4,660 IQD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 6,756 USD
Estimated Monthly Salary: 563 USD
Estimated Weekly Salary: 130 USD per week
Estimated Hourly Salary: 3 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: 9,995,807 IQD
Estimated Monthly Salary: 832,984 IQD
Estimated Weekly Salary: 192,227 IQD per week
Estimated Hourly Salary: 4,806 IQD per hour
By working as Commercial Credit Analyst a person can save up to 323 USD per month or 3,876 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 Commercial Credit Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Commercial Credit Analyst salary in Iraq
Average Yearly Salary of Commercial Credit Analyst in Iraq is approximately 9,995,807 IQD (6,756 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 Commercial Credit Analyst do?
A commercial credit analyst is responsible for evaluating the creditworthiness of businesses and individuals applying for loans or lines of credit. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with lending money to a particular borrower. The commercial credit analyst also reviews industry trends, economic conditions, and market factors to make informed decisions about loan approvals and interest rates. They collaborate with loan officers and underwriters to ensure compliance with lending policies and regulations. Additionally, they may provide recommendations for credit limits, terms, and conditions to mitigate risk and maximize profitability.
Skills: commercial credit analyst, credit analysis, risk assessment, financial analysis, lending policies, loan approvals.
Job industry: Finance
Job industry: Finance
How much does Commercial Credit Analyst make?
Salary details
How much does Commercial Credit Analyst make?Estimated Yearly Salary: 9,995,807 IQD
Estimated Monthly Salary: 832,984 IQD
Estimated Weekly Salary: 192,227 IQD per week
Estimated Hourly Salary: 4,806 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,692,280 IQDEstimated Monthly Salary: 807,690 IQD
Estimated Weekly Salary: 186,390 IQD per week
Estimated Hourly Salary: 4,660 IQD per hour
Last revision of data: 2024-01-03Commercial Credit Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 6,756 USD
Estimated Monthly Salary: 563 USD
Estimated Weekly Salary: 130 USD per week
Estimated Hourly Salary: 3 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
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 Commercial Credit Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Credit Analyst in Iraq earns on average:
1.22 times the average salary (or 122% 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 Commercial Credit Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Commercial Credit Analyst in Iraq earns on average:
1.22 times the average salary (or 122% of average salary).
Is Commercial Credit Analyst a well paid job?
Yes, our data shows that Commercial 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 Commercial Credit Analyst?
High salary for Commercial Credit Analyst would be somewhere between 10,995,388 IQD and 14,493,920 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Commercial 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: 9,995,807 IQD
Estimated Monthly Salary: 832,984 IQD
Estimated Weekly Salary: 192,227 IQD per week
Estimated Hourly Salary: 4,806 IQD per hour
By working as Commercial Credit Analyst a person can save up to 323 USD per month or 3,876 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 Commercial Credit Analyst
Iran is 8,915 USD
Jordan is 10,733 USD
Kuwait is 15,070 USD
Saudi Arabia is 31,167 USD
Syria is 4,140 USD
Turkey is 11,976 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:
Bookkeeping supervisor (6,272,853 IQD per year, pre-tax.)
Hr employment specialist (5,621,226 IQD per year, pre-tax.)
Animal caretaker supervisor (4,942,470 IQD per year, pre-tax.)
Warranty service manager (9,139,200 IQD per year, pre-tax.)
Business analyst software (11,921,208 IQD per year, pre-tax.)
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