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Financial Service Officer salary in Kuwait

Average Yearly Salary of Financial Service Officer in Kuwait is approximately 29,845 KWD (9,983 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 Financial Service Officer do?

occupation personasA Financial Service Officer is responsible for providing financial advice, guidance, and support to clients. They work in various financial institutions such as banks, credit unions, and investment firms. Their main role is to assist clients in managing their finances effectively, offering solutions tailored to their specific needs and goals. This includes providing information on different banking products, loans, mortgages, and investment options. Financial Service Officers also analyze client's financial situations, assess risks, and make recommendations accordingly. They ensure compliance with relevant regulations and policies, while also building and maintaining strong client relationships.

Skills: Financial service officer, Financial advisor, Banking, Investment, Client management, Financial planning
Job industry: Finance


How much does Financial Service Officer make?

Salary details
How much does Financial Service Officer make?
Estimated Yearly Salary: 29,845 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 28,776 KWD
Estimated Monthly Salary: 2,398 KWD
Estimated Weekly Salary: 553 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Last revision of data: 2024-02-08



Financial Service Officer estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 9,983 USD
Estimated Monthly Salary: 832 USD
Estimated Weekly Salary: 192 USD per week
Estimated Hourly Salary: 5 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

Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.

Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Financial Service Officer job salary compared to average salary in Kuwait.
Comparison shows that a person working as Financial Service Officer in Kuwait earns on average:
2.43 times the average salary (or 243% of average salary).

Is Financial Service Officer a well paid job?

Yes, our data show that Financial Service Officer 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 Financial Service Officer?

High salary for Financial Service Officer would be somewhere between 32,830 KWD and 43,275 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Service Officer in Kuwait?

Living in Kuwait the approximate monthly expenses are: 1,600 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: 29,845 KWD
Estimated Monthly Salary: 2,487 KWD
Estimated Weekly Salary: 574 KWD per week
Estimated Hourly Salary: 14 KWD per hour
Our data indicates that by working as Financial Service Officer you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

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 Kuwait, see costs of living in Kuwait.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Iraq.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Financial Service Officer

Saudi Arabia is 20,545 USDup arrow 106%
Details on Financial Service Officer salary in Saudi Arabia
Iraq is 4,467 USDdown arrow 55%
Details on Financial Service Officer salary in Iraq
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 Kuwait

(419,012 KWD per year, pre-tax.)
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
(317,161 KWD per year, pre-tax.)
(316,850 KWD per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are meant for informational purposes only.
Salary information displayed on this site is informational exclusively. Our figures come from various inputs, but we do not guarantee absolute correctness. Users must always verify salary details with additional platforms before making financial decisions. Salaries fluctuate due to individual experience, market demand, and employer policies. We make no warranties about the completeness of the provided salary data. By navigating this site, you agree these terms.
Salary information displayed on this site is informational exclusively. Our figures come from various sources, but we do not guarantee absolute correctness. Users must always verify salary details with official platforms before making job-related decisions. Salaries differ due to individual experience, market demand, and employer policies. We make no warranties about the completeness of the provided salary data. By navigating this site, you acknowledge these terms.