Average Economics Lecturer Salary in Democratic Republic of the Congo for 2024

In this article, we will look at the average Economics Lecturer salary for 2024 in Democratic Republic of the Congo 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 Congolese franc. To keep things simple, we are using the CDF currency code instead of the currency symbol FC.

How Much Does an Economics Lecturer Make in Democratic Republic of the Congo?

An Economics Lecturer working in Democratic Republic of the Congo will typically earn around 8,111,500 CDF per year, and this can range from the lowest average salary of about 3,970,700 CDF to the highest average salary of 12,721,300 CDF.

Average Annual Salary
8,111,500 CDF
Average Monthly Salary
675,958 CDF

Lowest Annual Salary
3,970,700 CDF
Lowest Monthly Salary
330,891 CDF

Highest Annual Salary
12,721,300 CDF
Highest Monthly Salary
1,060,108 CDF

These are average salaries for an Economics Lecturer in Democratic Republic of the Congo and include benefits such as housing and transport. It's also possible for an Economics Lecturer to earn more or less than the average salaries shown above.

Economics Lecturer 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 Economics Lecturer Salaries in Democratic Republic of the Congo

So we've looked at the average salaries an Economics Lecturer will earn in Democratic Republic of the Congo. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Economics Lecturer can earn between 3,970,700 CDF and 12,721,300 CDF on average in Democratic Republic of the Congo. 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 an Economics Lecturer in Democratic Republic of the Congo is 8,279,300 CDF. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 8,279,300 CDF, and 50% of the population earn more than 8,279,300 CDF.

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 Economics Lecturer salary in Democratic Republic of the Congo, 25% of the population are earning less than 5,518,700 CDF while 75% of the population earn more than 5,518,700 CDF.

75% of the population earn less than 10,680,800 CDF, and 25% of the population earn more than 10,680,800 CDF.

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.

Economics Lecturer Salary by Experience Level in Democratic Republic of the Congo

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 economics lecturer 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. An Economics Lecturer in Democratic Republic of the Congo that has less than two years of experience can expect to earn somewhere in the region of 4,714,900 CDF.
  • 2 - 5 Years Experience. With two to five years of experience the average Economics Lecturer salary would increase to 6,058,300 CDF.
  • 5 - 10 Years Experience. From five to ten years of experience as an Economics Lecturer, the average salary would be 8,362,500 CDF.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 10,357,200 CDF.
  • 15 - 20 Years Experience. An Economics Lecturer with 15 to 20 years of experience can earn an average of 11,099,800 CDF.
  • 20+ Years Experience. For an Economics Lecturer with more than 20 years, the expected average salary increases to 11,844,700 CDF.

Average Salary by Experience Chart

0-2 Years
4,714,900 CDF
2-5 Years +29%
6,058,300 CDF
5-10 Years +38%
8,362,500 CDF
10-15 Years +24%
10,357,200 CDF
15-20 Years +7%
11,099,800 CDF
20+ Years +7%
11,844,700 CDF

Economics Lecturer Salary by Education Level in Democratic Republic of the Congo

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 an Economics Lecturer in Democratic Republic of the Congo based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Master's Degree. An Economics Lecturer in Democratic Republic of the Congo with a master's degree education can earn an average salary of 5,111,100 CDF.

  • PhD. An Economics Lecturer in Democratic Republic of the Congo with a phd education can earn an average salary of 9,442,200 CDF.

Average Salary by Education Chart

Master's Degree
5,111,100 CDF
PhD +85%
9,442,200 CDF

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 Democratic Republic of the Congo is around 2,370,000 to 7,120,000 CDF 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.

Economics Lecturer 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 Democratic Republic of the Congo, a male economics lecturer will earn an average of 8,521,700 CDF, while a female economics lecturer will earn around 7,488,800 CDF.

This means that a male economics lecturer earns approximately 14% more than a female economics lecturer for performing the same job.

Average Salary by Gender Chart in Democratic Republic of the Congo

Male
8,521,700 CDF
Female -14%
7,488,800 CDF

Economics Lecturer Average Pay Raise in Democratic Republic of the Congo

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 an Economics Lecturer in Democratic Republic of the Congo is around 8% every 30 months.

The national average pay raise across all professions and industries in Democratic Republic of the Congo is around 5% every 28 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that an Economics Lecturer in Democratic Republic of the Congo can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Democratic Republic of the Congo for 2024

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

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

Banking
5%
Energy
1%
Information Technology
6%
Healthcare
2%
Travel
7%
Construction
3%
Education
8%

Economics Lecturer Bonus and Incentive Rates in Democratic Republic of the Congo

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.

An Economics Lecturer is a low bonus based job, with 39% of employees reporting at least one bonus in the last 12 months.

61% 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 3% to 6%.

Received Bonus
39%
No Bonus
61%

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 Democratic Republic of the Congo earn approximately 7% more than private sector employees in the same role.

Public Sector
5,868,200 CDF
Private Sector -7%
5,461,900 CDF

Salaries for Jobs Similar to an Economics Lecturer

In the table below, we have salary information for jobs that are similar to an Economics Lecturer in Democratic Republic of the Congo.

Job Title Category Salary
Academic Advisor Teaching / Education 5,998,900 CDF
Academic Assistant Teaching / Education 4,309,300 CDF
Academic Coach Teaching / Education 5,926,600 CDF
Academic Librarian Teaching / Education 4,019,900 CDF
Academic Manager Teaching / Education 6,922,100 CDF
Academic Specialist Teaching / Education 4,966,200 CDF
Academic Staff Teaching / Education 4,510,700 CDF
Accompanist Teaching / Education 4,690,500 CDF
Achievement Coach Teaching / Education 5,628,400 CDF
Admissions Specialist Teaching / Education 5,221,800 CDF
Agricultural Sciences Teacher Teaching / Education 4,355,800 CDF
Anthropology Teacher Teaching / Education 4,558,700 CDF
Arabic Language Teacher Teaching / Education 4,224,200 CDF
Archeology Teacher Teaching / Education 4,633,100 CDF
Architecture Teacher Teaching / Education 5,292,500 CDF
Archivist Teaching / Education 3,829,500 CDF
Art Teacher Teaching / Education 4,380,400 CDF
Assistant School Principal Teaching / Education 6,142,600 CDF
Assistant Teacher Teaching / Education 3,829,500 CDF
Biochemistry Professor Teaching / Education 8,339,300 CDF
Biology Teacher Teaching / Education 4,558,700 CDF
Bursary Scheme Manager Teaching / Education 5,507,100 CDF
Business Teacher Teaching / Education 4,690,500 CDF
Careers Advisor Teaching / Education 5,628,400 CDF
Careers Consultant Teaching / Education 5,926,600 CDF
Chemistry Teacher Teaching / Education 4,585,100 CDF
Child Care Coordinator Teaching / Education 4,488,100 CDF
Child Care Worker Teaching / Education 3,817,500 CDF
Childcare Worker Teaching / Education 3,817,500 CDF
Classroom Assistant Teaching / Education 3,817,500 CDF
Clinical School Psychologist Teaching / Education 6,922,100 CDF
College Aide Teaching / Education 5,628,400 CDF
College and Career Readiness Specialist Teaching / Education 6,289,900 CDF
College Dean Teaching / Education 10,463,500 CDF
College President Teaching / Education 10,463,500 CDF
Communications Teacher Teaching / Education 4,558,700 CDF
Community Education Officer Teaching / Education 3,829,500 CDF
Computer Science Teacher Teaching / Education 4,510,700 CDF
Computer Teacher Teaching / Education 4,510,700 CDF
Creative Writing Trainer Teaching / Education 5,292,500 CDF
Credit Counselor Teaching / Education 5,784,200 CDF
Cultural Studies Teacher Teaching / Education 4,355,800 CDF
Curriculum Coordinator Teaching / Education 5,507,100 CDF
Curriculum Developer Teaching / Education 5,833,500 CDF
Curriculum Specialist Teaching / Education 6,073,300 CDF
Dean of Faculty Teaching / Education 10,378,100 CDF
Demonstrator Teaching / Education 4,235,500 CDF
Deputy Controller of Examinations Teaching / Education 5,651,400 CDF
Director of Learning Technology Teaching / Education 6,347,100 CDF
Distance Learning Coordinator Teaching / Education 5,221,800 CDF
Economics Teacher Teaching / Education 4,488,100 CDF
Education Administrator Teaching / Education 5,099,700 CDF
Education Assistant Teaching / Education 4,297,400 CDF
Education Assistant Director Teaching / Education 5,833,500 CDF
Education Assistant Librarian Teaching / Education 3,349,100 CDF
Education Assistant Principal Teaching / Education 4,822,700 CDF
Education Assistant Professor Teaching / Education 6,371,500 CDF
Education Associate Teaching / Education 4,585,100 CDF
Education Consultant Teaching / Education 5,926,600 CDF
Education Consultant Teaching / Education 6,300,400 CDF
Education Coordinator Teaching / Education 4,762,300 CDF
Education Counselor Teaching / Education 5,507,100 CDF
Education Director Teaching / Education 7,907,600 CDF
Education Program Specialist Teaching / Education 5,698,400 CDF
Education Researcher Teaching / Education 6,780,300 CDF
Education Resource Specialist Teaching / Education 4,895,800 CDF
Education Services Facilitator Teaching / Education 5,434,400 CDF
Educational Psychologist Teaching / Education 6,971,100 CDF
EFL Teacher Teaching / Education 4,799,700 CDF
eLearning Trainer Teaching / Education 4,093,700 CDF
Elementary School Teacher Teaching / Education 3,685,200 CDF
Engineering Lecturer Teaching / Education 7,907,600 CDF
Engineering Teacher Teaching / Education 6,635,400 CDF
English Teacher Teaching / Education 4,450,400 CDF
ESL Teacher Teaching / Education 4,799,700 CDF
Faculty Assistant Teaching / Education 5,628,400 CDF
Foreign Language Teacher Teaching / Education 4,309,300 CDF
GED Teacher Teaching / Education 4,235,500 CDF
Geography Teacher Teaching / Education 4,297,400 CDF
Head of Mathematics Department Teaching / Education 6,347,100 CDF
Head of School Teaching / Education 7,763,600 CDF
High School Teacher Teaching / Education 5,146,100 CDF
History Teacher Teaching / Education 4,558,700 CDF
Infant Teacher Teaching / Education 3,490,200 CDF
Instructional Assistant Teaching / Education 4,690,500 CDF
Instructor Teaching / Education 5,029,900 CDF
Kindergarten Teacher Teaching / Education 3,817,500 CDF
Language Instructor For Expatriate Teaching / Education 3,889,500 CDF
Law Teacher Teaching / Education 6,371,500 CDF
Learning Designer Teaching / Education 5,651,400 CDF
Lecturer Teaching / Education 8,051,500 CDF
Librarian Teaching / Education 3,889,500 CDF
Library Assistant Teaching / Education 3,013,500 CDF
Library Director Teaching / Education 5,507,100 CDF
Library Specialist Teaching / Education 3,889,500 CDF
Library Technician Teaching / Education 3,601,500 CDF
Life Sciences Teacher Teaching / Education 4,355,800 CDF
Math Lecturer Teaching / Education 8,471,700 CDF
Math Teacher Teaching / Education 5,029,900 CDF
Mathematics Teacher Teaching / Education 5,292,500 CDF
Mentor Teaching / Education 4,966,200 CDF
Middle School Teacher Teaching / Education 4,690,500 CDF
Music Teacher Teaching / Education 4,380,400 CDF
Nursery Manager Teaching / Education 6,635,400 CDF
Nursery Worker Teaching / Education 2,893,600 CDF
Paraprofessional Teaching / Education 6,347,100 CDF
Physical Education Specialist Teaching / Education 5,146,100 CDF
Physical Education Teacher Teaching / Education 4,019,900 CDF
Physics Teacher Teaching / Education 4,633,100 CDF
Political Science Teacher Teaching / Education 4,943,500 CDF
Post Doctoral Researcher Teaching / Education 7,045,600 CDF
Preschool Education Administrator Teaching / Education 5,029,900 CDF
Preschool Teacher Teaching / Education 3,685,200 CDF
Primary School Teacher Teaching / Education 4,019,900 CDF
Principal Teaching / Education 6,433,500 CDF
Product Specialist Teaching / Education 5,292,500 CDF
Professor - Accounting Teaching / Education 8,051,500 CDF
Professor - Architecture Teaching / Education 8,614,300 CDF
Professor - Biology Teaching / Education 7,907,600 CDF
Professor - Business Administration Teaching / Education 8,111,500 CDF
Professor - Chemical Engineering Teaching / Education 8,448,800 CDF
Professor - Chemistry Teaching / Education 8,746,500 CDF
Professor - Civil Engineering Teaching / Education 7,715,800 CDF
Professor - Communication Teaching / Education 8,051,500 CDF
Professor - Computer Science Teaching / Education 8,051,500 CDF
Professor - Dentistry Teaching / Education 8,820,700 CDF
Professor - Drama Teaching / Education 7,715,800 CDF
Professor - Economics Teaching / Education 8,746,500 CDF
Professor - Education Teaching / Education 8,182,600 CDF
Professor - Electrical Engineering Teaching / Education 8,962,200 CDF
Professor - English Teaching / Education 7,715,800 CDF
Professor - Environmental Engineering Teaching / Education 8,689,800 CDF
Professor - Foreign Languages Teaching / Education 7,642,900 CDF
Professor - Geological Sciences Teaching / Education 8,329,200 CDF
Professor - History Teaching / Education 7,980,700 CDF
Professor - Industrial Engineering Teaching / Education 8,329,200 CDF
Professor - Law Teaching / Education 8,578,600 CDF
Professor - Legal Support Teaching / Education 8,051,500 CDF
Professor - Liberal Arts Teaching / Education 7,980,700 CDF
Professor - Marketing Teaching / Education 8,471,700 CDF
Professor - Mathematics Teaching / Education 9,179,000 CDF
Professor - Mechanical Engineering Teaching / Education 8,521,700 CDF
Professor - Medical Administration Teaching / Education 9,036,900 CDF
Professor - Medicine Teaching / Education 9,661,800 CDF
Professor - Music Teaching / Education 7,763,600 CDF
Professor - Nursing Teaching / Education 7,583,100 CDF
Professor - Pharmaceutical Sciences Teaching / Education 8,401,800 CDF
Professor - Philosophy Teaching / Education 8,051,500 CDF
Professor - Physical Therapy Teaching / Education 8,891,600 CDF
Professor - Physics Teaching / Education 8,713,800 CDF
Professor - Psychology Teaching / Education 8,329,200 CDF
Professor - Rehabilitation Teaching / Education 7,381,700 CDF
Professor - Social Work Teaching / Education 7,618,900 CDF
Professor - Sociology Teaching / Education 7,907,600 CDF
Professor - Special Education Teaching / Education 8,471,700 CDF
Psychology Teacher Teaching / Education 6,947,800 CDF
Public Management Assistant Professor Teaching / Education 7,057,300 CDF
School Counselor Teaching / Education 6,109,700 CDF
Science Educator Teaching / Education 4,690,500 CDF
Science Laboratory Assistant Teaching / Education 4,235,500 CDF
Science Teacher Teaching / Education 4,488,100 CDF
Secondary Mathematics Teacher Teaching / Education 4,870,300 CDF
Secondary School Teacher Teaching / Education 4,585,100 CDF
Special Education Teacher Teaching / Education 4,690,500 CDF
Special Needs Assistant Teaching / Education 4,019,900 CDF
Statistics Lecturer Teaching / Education 7,715,800 CDF
Student Accounts Coordinator Teaching / Education 4,510,700 CDF
Student Development Specialist Teaching / Education 5,507,100 CDF
Student Employment Specialist Teaching / Education 4,966,200 CDF
Student Services Teaching / Education 4,235,500 CDF
Student Services Coordinator Teaching / Education 4,019,900 CDF
Student Support Manager Teaching / Education 5,651,400 CDF
Substitute Teacher Teaching / Education 3,889,500 CDF
Teacher Teaching / Education 4,019,900 CDF
Teacher Aide Teaching / Education 3,672,500 CDF
Teacher Trainer Teaching / Education 5,651,400 CDF
Teaching Assistant Teaching / Education 3,490,200 CDF
TEFL Teacher Teaching / Education 4,799,700 CDF
Training and Development Specialist Teaching / Education 5,771,600 CDF
Training Coordinator Teaching / Education 4,235,500 CDF
Tutor Teaching / Education 4,355,800 CDF
University Teacher Teaching / Education 8,111,500 CDF
Vocational Education Teacher Teaching / Education 4,355,800 CDF

Salary Comparison by City

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

City Average Salary
Bukavu 8,339,300 CDF
Kananga 782,398,900 CDF
Kinshasa 9,106,400 CDF
Kisangani 848,200 CDF
Lubumbashi 8,614,300 CDF
Mbuji-Mayi 7,967,200 CDF
Tshikapa 6,911,700 CDF

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