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Senior Managing Director salary in Iraq

Average Yearly Salary of Senior Managing Director in Iraq is approximately 26,179,489 IQD (17,623 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 Senior Managing Director do?

occupation personasA senior managing director is a high-level executive responsible for overseeing and managing the operations of a company or organization. They hold a key leadership role, typically reporting directly to the CEO or board of directors. Their primary responsibilities include developing and implementing strategic plans, setting goals and objectives, and ensuring the overall success of the organization. Senior managing directors are involved in decision-making processes, establishing policies and procedures, and managing budgets and resources. They play a crucial role in building and maintaining relationships with key stakeholders, such as clients, investors, and regulatory bodies. Additionally, they provide guidance and support to department heads and teams, ensuring effective communication and collaboration across the organization.

Skills: Senior Managing Director, Executive Leadership, Strategic Planning, Operations Management, Stakeholder Engagement, Decision Making
Job industry: Finance


How much does Senior Managing Director make?

Salary details
How much does Senior Managing Director make?
Estimated Yearly Salary: 26,179,489 IQD
Estimated Monthly Salary: 2,181,624 IQD
Estimated Weekly Salary: 503,452 IQD per week
Estimated Hourly Salary: 12,586 IQD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 25,199,928 IQD
Estimated Monthly Salary: 2,099,994 IQD
Estimated Weekly Salary: 484,614 IQD per week
Estimated Hourly Salary: 12,115 IQD per hour
Last revision of data: 2024-01-08



Senior Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,623 USD
Estimated Monthly Salary: 1,469 USD
Estimated Weekly Salary: 339 USD per week
Estimated Hourly Salary: 8 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 Senior Managing Director job salary compared to average salary in Iraq.
Comparison shows that a person working as Senior Managing Director in Iraq earns on average:
3.21 times the average salary (or 321% of average salary).

Is Senior Managing Director a well paid job?

Yes, our data show that Senior 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 Senior Managing Director?

High salary for Senior Managing Director would be somewhere between 28,797,438 IQD and 37,960,259 IQD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior 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: 26,179,489 IQD
Estimated Monthly Salary: 2,181,624 IQD
Estimated Weekly Salary: 503,452 IQD per week
Estimated Hourly Salary: 12,586 IQD per hour
By working as Senior Managing Director a person can save up to 1,229 USD per month or 14,743 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 Senior Managing Director

Iran is 23,192 USDup arrow 32%
Details on Senior Managing Director salary in Iran
Jordan is 27,888 USDup arrow 58%
Details on Senior Managing Director salary in Jordan
Kuwait is 39,440 USDup arrow 124%
Details on Senior Managing Director salary in Kuwait
Saudi Arabia is 81,024 USDup arrow 360%
Details on Senior Managing Director salary in Saudi Arabia
Syria is 10,725 USDdown arrow 39%
Details on Senior Managing Director salary in Syria
Turkey is 31,027 USDup arrow 76%
Details on Senior Managing Director 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 data presented here are intended for reference purposes only.
This website offers salary estimates for informational purposes exclusively. While we collect data from various providers, we do not guarantee full reliability. Users are encouraged to consult trusted platforms before making major financial moves. Salaries shift due to numerous factors, such as experience, industry trends, and negotiation tactics. We cannot provide guarantee regarding the validity of the displayed salary figures. Your use of this site confirms your understanding of these terms.
optisalary.com presents salary estimates for educational purposes only. While we gather data from multiple providers, we cannot ensure absolute reliability. Users are advised to review trusted organizations before making major financial moves. Salaries shift due to numerous elements, such as market demand, employer policies, and geographic location. We make no guarantee regarding the correctness of the displayed salary data. Your continued access of this site indicates your understanding of these terms.