Average Business Manager Salary in Iraq for 2024

In this article, we will look at the average Business Manager salary for 2024 in Iraq and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Iraqi dinar. To keep things simple, we are using the IQD currency code instead of the currency symbol ع.د.

How Much Does a Business Manager Make in Iraq?

A Business Manager working in Iraq will typically earn around 35,878,200 IQD per year, and this can range from the lowest average salary of about 16,439,200 IQD to the highest average salary of 56,998,400 IQD.

Average Annual Salary
35,878,200 IQD
Average Monthly Salary
2,989,850 IQD

Lowest Annual Salary
16,439,200 IQD
Lowest Monthly Salary
1,369,933 IQD

Highest Annual Salary
56,998,400 IQD
Highest Monthly Salary
4,749,866 IQD

These are average salaries for a Business Manager in Iraq and include benefits such as housing and transport. It's also possible for a Business Manager to earn more or less than the average salaries shown above.

Business Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Manager Salaries in Iraq

So we've looked at the average salaries a Business Manager will earn in Iraq. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Manager can earn between 16,439,200 IQD and 56,998,400 IQD on average in Iraq. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Manager in Iraq is 38,760,100 IQD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 38,760,100 IQD, and 50% of the population earn more than 38,760,100 IQD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Manager salary in Iraq, 25% of the population are earning less than 24,841,800 IQD while 75% of the population earn more than 24,841,800 IQD.

75% of the population earn less than 51,719,500 IQD, and 25% of the population earn more than 51,719,500 IQD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Manager Salary by Experience Level in Iraq

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average business manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Manager in Iraq that has less than two years of experience can expect to earn somewhere in the region of 18,720,200 IQD.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Manager salary would increase to 24,958,800 IQD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Manager, the average salary would be 36,960,300 IQD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 44,998,200 IQD.
  • 15 - 20 Years Experience. A Business Manager with 15 to 20 years of experience can earn an average of 49,079,800 IQD.
  • 20+ Years Experience. For a Business Manager with more than 20 years, the expected average salary increases to 53,158,700 IQD.

Average Salary by Experience Chart

0-2 Years
18,720,200 IQD
2-5 Years +34%
24,958,800 IQD
5-10 Years +48%
36,960,300 IQD
10-15 Years +22%
44,998,200 IQD
15-20 Years +9%
49,079,800 IQD
20+ Years +8%
53,158,700 IQD

Business Manager Salary by Education Level in Iraq

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Manager in Iraq based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Manager in Iraq with a high school education can earn an average salary of 22,918,100 IQD.

  • Certificate or Diploma. A Business Manager in Iraq with a certificate or diploma education can earn an average salary of 27,001,700 IQD.

  • Bachelor's Degree. A Business Manager in Iraq with a bachelor's degree education can earn an average salary of 39,119,300 IQD.

  • Master's Degree. A Business Manager in Iraq with a master's degree education can earn an average salary of 51,361,500 IQD.

Average Salary by Education Chart

High School
22,918,100 IQD
Certificate or Diploma +18%
27,001,700 IQD
Bachelor's Degree +45%
39,119,300 IQD
Master's Degree +31%
51,361,500 IQD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Iraq is around 10,200,000 to 30,700,000 IQD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Iraq, a male business manager will earn an average of 39,718,900 IQD, while a female business manager will earn around 32,038,500 IQD.

This means that a male business manager earns approximately 24% more than a female business manager for performing the same job.

Average Salary by Gender Chart in Iraq

Male
39,718,900 IQD
Female -24%
32,038,500 IQD

Business Manager Average Pay Raise in Iraq

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Manager in Iraq is around 12% every 20 months.

The national average pay raise across all professions and industries in Iraq is around 7% every 20 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 20 ) × 12  = 7%

What this means is that a Business Manager in Iraq can expect to receive an average pay raise of around 7% every 12 months.

Annual Pay Raise by Industry in Iraq for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Iraq.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Business Manager Bonus and Incentive Rates in Iraq

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Manager is a high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months.

19% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
81%
No Bonus
19%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Iraq earn approximately 15% more than private sector employees in the same role.

Public Sector
26,399,200 IQD
Private Sector -15%
23,040,200 IQD

Salaries for Jobs Similar to a Business Manager

In the table below, we have salary information for jobs that are similar to a Business Manager in Iraq.

Job Title Category Salary
Assistant Business Development Manager Business Planning 32,519,500 IQD
Assistant Merchandise Planner Business Planning 19,200,400 IQD
Business Advisor Business Planning 33,599,200 IQD
Business Analyst Business Planning 33,240,500 IQD
Business Consultant Business Planning 32,519,500 IQD
Business Continuity Associate Business Planning 19,439,300 IQD
Business Developer Business Planning 19,678,200 IQD
Business Development Analyst Business Planning 21,961,700 IQD
Business Development Associate Business Planning 17,039,100 IQD
Business Development Coordinator Business Planning 17,039,100 IQD
Business Development Director Business Planning 42,839,200 IQD
Business Development Engineer Business Planning 23,878,400 IQD
Business Development Executive Business Planning 31,440,200 IQD
Business Development Manager Business Planning 40,199,100 IQD
Business Development Specialist Business Planning 29,641,500 IQD
Business Operations Specialist Business Planning 29,399,100 IQD
Business Process Writer Business Planning 18,479,600 IQD
Business Systems Analyst Business Planning 33,001,000 IQD
Capacity Planner Business Planning 21,241,100 IQD
Capacity Planning Supervisor Business Planning 28,439,500 IQD
Change Communications Analyst Business Planning 27,841,200 IQD
Change Control Analyst Business Planning 28,560,900 IQD
Change Impact Analyst Business Planning 28,919,800 IQD
Contracts Executive Business Planning 32,280,500 IQD
Corporate Strategy Analyst Business Planning 31,201,500 IQD
Cost Control Engineer Business Planning 20,760,500 IQD
Cost Controller Business Planning 23,520,800 IQD
Cost Estimator Business Planning 20,400,600 IQD
Data Executive Business Planning 17,159,700 IQD
Data Manager Business Planning 23,759,100 IQD
Data Processing Manager Business Planning 27,118,300 IQD
Development Researcher Business Planning 23,759,100 IQD
Director of Business Development Business Planning 45,119,800 IQD
Director of Production Planning Business Planning 38,641,600 IQD
Due Diligence Analyst Business Planning 34,441,600 IQD
Estimating Manager Business Planning 32,758,100 IQD
General Manager Business Planning 36,960,300 IQD
Incident Handler Business Planning 22,918,100 IQD
Incident Specialist Business Planning 28,200,200 IQD
Lean Consultant Business Planning 23,520,800 IQD
Manager Business Planning 43,559,400 IQD
Marketing and Business Development Manager Business Planning 36,841,600 IQD
Materials Planner Business Planning 13,319,300 IQD
Merchandise Assistant Business Planning 13,319,300 IQD
Merchandise Controller Business Planning 13,441,600 IQD
Merchandise Planner Business Planning 13,319,300 IQD
Operations Analyst Business Planning 28,200,200 IQD
Operations Manager Business Planning 32,038,500 IQD
Operations Research Analyst Business Planning 19,921,600 IQD
Planning and Reporting Manager Business Planning 35,398,900 IQD
Planning Director Business Planning 39,960,800 IQD
Project Administrator Business Planning 19,558,300 IQD
Project Manager Business Planning 31,678,800 IQD
Project Planner Business Planning 19,439,300 IQD
Research Assistant Business Planning 16,918,700 IQD
Research Engineer Business Planning 20,159,800 IQD
Research Officer Business Planning 15,360,400 IQD
Risk Management Specialist Business Planning 30,600,900 IQD
Scholarship Coordinator Business Planning 16,439,200 IQD
Store Planner Business Planning 15,001,200 IQD
Strategy Director Business Planning 42,239,100 IQD
Top Research and Development Executive Business Planning 45,599,600 IQD

Salary Comparison by City

If you want to compare salaries with different cities in Iraq, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Al-Basrah 37,800,500 IQD
Al-Mawsil 31,559,900 IQD
An-Najaf 36,960,300 IQD
Baghdad 42,000,700 IQD
Irbil 37,681,400 IQD
Kirkuk 33,841,700 IQD

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