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Average Chief Financial Officer Salary in Iraq for 2026

A chief financial officer in Iraq earns about 54,000,800 IQD a year. That's 120% above the national average of 24,599,500 IQD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Iraq sit around 27,479,000 IQD a year, while the very top stretches to 83,040,600 IQD. Everything on this page is in Iraqi dinar (IQD, symbol ع.د), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Iraq, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a chief financial officer make in Iraq?

Average salary
54,000,800 IQD
4,500,066 IQD per month
Lowest reported
27,479,000 IQD
2,289,916 IQD per month
Highest reported
83,040,600 IQD
6,920,050 IQD per month

A typical chief financial officer working in Iraq brings home around 4,500,066 IQD a month before tax. Entry-level pay starts near 27,479,000 IQD, and the top of the ladder reaches roughly 83,040,600 IQD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior chief financial officer working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How chief financial officer pay ranges in Iraq

A good way to think about salary in Iraq is to look at the distribution rather than the headline average. Half of all chief financial officers in Iraq earn less than 52,918,800 IQD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 36,121,000 IQD (the 25th percentile), and a quarter clear 66,598,300 IQD (the 75th percentile). The middle 50% of chief financial officers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 27,479,000 IQD. The highest stretch to 83,040,600 IQD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

27,479,000
Low
52,918,800
Median
83,040,600
High
36,121,000
25th
66,598,300
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in IQD

Chief financial officer pay by experience in Iraq

Years of experience is the single biggest lever on pay for a chief financial officer in Iraq, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical chief financial officer salary changes as you move through the career ladder.

  • 0-2 Years
    30,841,400 IQD
  • 2-5 Years
    +31% from previous
    40,321,500 IQD
  • 5-10 Years
    +40% from previous
    56,401,100 IQD
  • 10-15 Years
    +20% from previous
    67,798,800 IQD
  • 15-20 Years
    +9% from previous
    73,681,000 IQD
  • 20+ Years
    +8% from previous
    79,438,400 IQD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 40%. That is the point at which a chief financial officer typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Chief financial officer pay by education in Iraq

Education sits alongside experience as one of the biggest factors driving chief financial officer pay in Iraq. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average chief financial officer salary in Iraq broken down by the highest level of education a worker has completed.

  • High School
    36,960,300 IQD
  • Certificate or Diploma
    +15% from previous
    42,479,000 IQD
  • Bachelor's Degree
    +41% from previous
    59,758,700 IQD
  • Master's Degree
    +29% from previous
    76,921,100 IQD

Chief financial officer gender pay gap in Iraq

The gender pay gap is a stubborn feature of almost every labour market, and Iraq is no exception. Male chief financial officers in Iraq earn an average of 59,158,300 IQD a year, while female chief financial officers earn around 49,198,300 IQD. That works out to a 20% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Chief Financial Officer gender pay gap

17%

Men earn this much more than women on average in Iraq.

Men 59,158,300 IQD
Women 49,198,300 IQD

Pay raises for a chief financial officer in Iraq

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Iraq sees a raise of about 13% every 20 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Iraq, the national average raise is around 7% every 20 months.

By industry

Industries with the highest pay raises in Iraq:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Chief financial officer bonus rates in Iraq

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

78%

78% of chief financial officers in Iraq reported a bonus of some kind in the past twelve months. That makes a chief financial officer a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 6% to 8% of base salary. The remaining 22% of chief financial officers reported no bonus at all over the same period.

Which careers pay bonuses in Iraq

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Chief financial officer: public vs private sector pay

Public-sector pay in Iraq is about 15% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

13%

Public-sector workers earn this much more than private-sector workers in Iraq on average.

Public sector 26,399,200 IQD
Private sector 23,040,200 IQD

Chief financial officer salary by city in Iraq

Chief financial officer pay is not even across Iraq. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Baghdad
  • Al-Basrah
  • An-Najaf
  • Irbil
  • Kirkuk
  • Al-Mawsil
LocationTypeAverageMedianRange
BaghdadCity56,280,700 IQD60,841,800 IQD25,919,400-89,518,100 IQD
Al-BasrahCity55,560,400 IQD54,479,300 IQD28,318,900-85,681,300 IQD
An-NajafCity54,118,500 IQD55,201,700 IQD26,520,600-84,479,000 IQD
IrbilCity53,040,100 IQD48,841,700 IQD28,679,900-80,158,500 IQD
KirkukCity52,078,500 IQD52,078,500 IQD26,040,800-80,759,700 IQD
Al-MawsilCity46,680,900 IQD43,800,600 IQD24,718,600-70,920,900 IQD


Chief Financial Officer in Iraq: FAQs

  • How much does a chief financial officer make per month in Iraq?

    A chief financial officer in Iraq earns about 4,500,066 IQD a month before tax, based on an annual average of 54,000,800 IQD.

  • What's the salary range for a chief financial officer in Iraq?

    Entry-level chief financial officers in Iraq start near 27,479,000 IQD. Top-end pay reaches around 83,040,600 IQD. The middle 50% of earners sit between 36,121,000 and 66,598,300 IQD.

  • Is the median chief financial officer salary in Iraq higher or lower than the average?

    The median is 52,918,800 IQD, lower than the average of 54,000,800 IQD. Half of chief financial officers in Iraq earn below the median, half earn above it.

  • What's the gender pay gap for chief financial officers in Iraq?

    Men working as a chief financial officer in Iraq earn around 20% more than women on average (59,158,300 vs 49,198,300 IQD a year).

  • Do chief financial officers in Iraq get bonuses?

    About 78% of chief financial officers in Iraq reported a bonus in the past 12 months. Reported bonuses ranged from 6% to 8% of base salary.

  • Do chief financial officers earn more in the public or private sector in Iraq?

    In Iraq, the public sector pays a chief financial officer about 15% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do chief financial officers in Iraq get a pay raise?

    A chief financial officer in Iraq sees a raise of around 13% every 20 months, equivalent to roughly 8% a year.