Home > Salary > Iraq > Managing Director
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Estimated Yearly Salary: 26,856,528 IQD
Estimated Monthly Salary: 2,238,044 IQD
Estimated Weekly Salary: 516,472 IQD per week
Estimated Hourly Salary: 12,912 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,156,557 IQD
Estimated Weekly Salary: 497,667 IQD per week
Estimated Hourly Salary: 12,442 IQD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 18,066 USD
Estimated Monthly Salary: 1,506 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 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: 26,856,528 IQD
Estimated Monthly Salary: 2,238,044 IQD
Estimated Weekly Salary: 516,472 IQD per week
Estimated Hourly Salary: 12,912 IQD per hour
By working as Managing Director a person can save up to 1,266 USD per month or 15,186 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 Managing Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Surveillance operations manager (8,435,906 IQD per year, pre-tax.)
Wellness manager (10,458,905 IQD per year, pre-tax.)
Drone pilot (8,412,528 IQD per year, pre-tax.)
Electronics assembler (5,808,906 IQD per year, pre-tax.)
Leasing consultant (5,504,861 IQD per year, pre-tax.)
Managing Director salary in Iraq
Average Yearly Salary of Managing Director in Iraq is approximately 26,856,528 IQD (18,066 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 Managing Director do?
A Managing Director is a high-level executive responsible for overseeing the operations and strategic direction of a company. They are typically appointed by the board of directors and play a crucial role in setting organizational goals, implementing policies, and ensuring the overall success of the business. The Managing Director leads and manages a team of senior executives, providing guidance and support to achieve financial targets, operational efficiency, and market growth. They are also responsible for building and maintaining relationships with key stakeholders such as clients, investors, and government authorities. This position requires strong leadership skills, business acumen, and the ability to make critical decisions that impact the company's performance and reputation.
Skills: Managing Director, Executive Leadership, Strategic Management, Operational Efficiency, Financial Targets, Stakeholder Relations
Job industry: Business
Job industry: Business
How much does Managing Director make?
Salary details
How much does Managing Director make?Estimated Yearly Salary: 26,856,528 IQD
Estimated Monthly Salary: 2,238,044 IQD
Estimated Weekly Salary: 516,472 IQD per week
Estimated Hourly Salary: 12,912 IQD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 25,878,684 IQDEstimated Monthly Salary: 2,156,557 IQD
Estimated Weekly Salary: 497,667 IQD per week
Estimated Hourly Salary: 12,442 IQD per hour
Last revision of data: 2024-01-07Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 18,066 USD
Estimated Monthly Salary: 1,506 USD
Estimated Weekly Salary: 347 USD per week
Estimated Hourly Salary: 9 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 Managing Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Managing Director in Iraq earns on average:
3.29 times the average salary (or 329% 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 Managing Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Managing Director in Iraq earns on average:
3.29 times the average salary (or 329% of average salary).
Is Managing Director a well paid job?
Yes, our data show that Managing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Managing Director?
High salary for Managing Director would be somewhere between 29,542,181 IQD and 38,941,966 IQD. However this is an estimation based on Gaussian Distribution.How much can you save working as Managing Director 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: 26,856,528 IQD
Estimated Monthly Salary: 2,238,044 IQD
Estimated Weekly Salary: 516,472 IQD per week
Estimated Hourly Salary: 12,912 IQD per hour
By working as Managing Director a person can save up to 1,266 USD per month or 15,186 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 Managing Director
Iran is 23,727 USD
Jordan is 28,615 USD
Kuwait is 40,474 USD
Saudi Arabia is 83,353 USD
Syria is 11,086 USD
Turkey is 31,938 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:
Surveillance operations manager (8,435,906 IQD per year, pre-tax.)
Wellness manager (10,458,905 IQD per year, pre-tax.)
Drone pilot (8,412,528 IQD per year, pre-tax.)
Electronics assembler (5,808,906 IQD per year, pre-tax.)
Leasing consultant (5,504,861 IQD per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iraq&job=managing-director'><img src='https://optisalary.com/wp-content/graphs/salary/managing-director-salary-in-iraq-2025.jpg' alt='managing director salary in iraq 2025' title='managing director salary in iraq 2025' /></a>
Please note:The salary data presented here are intended for informational purposes only.
The salary figures on this website are meant for informational purposes exclusively. We compile salary data from multiple sources, but cannot guarantee absolute precision. Users must on their own verify salaries before making financial decisions. Salary variations occur due to company policies, negotiation skills, and experience levels. We deny any warranty regarding the validity of the listed salary data. By using this site, you agree that salary data is not definitive.
optisalary.com presents salary insights for educational purposes only. While we collect data from various providers, we cannot ensure absolute reliability. Users are advised to consult external organizations before making major financial decisions. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the correctness of the displayed salary data. Your continued access of this site confirms your acceptance of these terms.