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Rating Analyst salary in Iraq

Average Yearly Salary of Rating Analyst in Iraq is approximately 6,726,386 IQD (4,542 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 Rating Analyst do?

occupation personasA rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.

Skills: Rating Analyst, Credit Analysis, Risk Assessment, Financial Ratings, Investment Research, Creditworthiness Evaluation
Job industry: Finance


How much does Rating Analyst make?

Salary details
How much does Rating Analyst make?
Estimated Yearly Salary: 6,726,386 IQD
Estimated Monthly Salary: 560,532 IQD
Estimated Weekly Salary: 129,354 IQD per week
Estimated Hourly Salary: 3,234 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 6,494,124 IQD
Estimated Monthly Salary: 541,177 IQD
Estimated Weekly Salary: 124,887 IQD per week
Estimated Hourly Salary: 3,122 IQD per hour
Last revision of data: 2024-01-08



Rating Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 4,542 USD
Estimated Monthly Salary: 379 USD
Estimated Weekly Salary: 87 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Rating Analyst job salary compared to average salary in Iraq.
Comparison shows that a person working as Rating Analyst in Iraq earns on average:
0.82 times the average salary (or 82% of average salary).

Is Rating Analyst a well paid job?

Yes, our data show that Rating Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Rating Analyst?

High salary for Rating Analyst would be somewhere between 7,399,025 IQD and 9,753,260 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Rating 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: 6,726,386 IQD
Estimated Monthly Salary: 560,532 IQD
Estimated Weekly Salary: 129,354 IQD per week
Estimated Hourly Salary: 3,234 IQD per hour
By working as Rating Analyst a person can save up to 139 USD per month or 1,662 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 Rating Analyst

Iran is 5,991 USDup arrow 32%
Details on Rating Analyst salary in Iran
Jordan is 7,162 USDup arrow 58%
Details on Rating Analyst salary in Jordan
Kuwait is 10,119 USDup arrow 123%
Details on Rating Analyst salary in Kuwait
Saudi Arabia is 20,916 USDup arrow 361%
Details on Rating Analyst salary in Saudi Arabia
Syria is 2,775 USDdown arrow 39%
Details on Rating Analyst salary in Syria
Turkey is 7,987 USDup arrow 76%
Details on Rating 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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Please note:
The salary estimates on this website are meant for reference purposes only.
The salary estimates on this website are meant for informational purposes only. We compile salary data from varied sources, but do not guarantee complete accuracy. Users must independently verify salaries before making career decisions. Salary fluctuations 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.
The salary data presented here are meant for reference purposes solely. While we attempt to ensure correctness, we cannot guarantee all figures is precise. Users are advised to research salary details with independent sources before making important financial decisions. Salary amounts may fluctuate due to economic shifts, demand variations, and regional factors. We deny responsibility for inaccuracies in the compensation data displayed.