Average Farmer Salary in Laos for 2024

In this article, we will look at the average Farmer salary for 2024 in Laos 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 Lao kip. To keep things simple, we are using the LAK currency code instead of the currency symbol โ‚ญ.

How Much Does a Farmer Make in Laos?

A Farmer working in Laos will typically earn around 18,121,700 LAK per year, and this can range from the lowest average salary of about 8,305,400 LAK to the highest average salary of 28,679,900 LAK.

Average Annual Salary
18,121,700 LAK
Average Monthly Salary
1,510,141 LAK

Lowest Annual Salary
8,305,400 LAK
Lowest Monthly Salary
692,116 LAK

Highest Annual Salary
28,679,900 LAK
Highest Monthly Salary
2,389,991 LAK

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

Farmer 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 Farmer Salaries in Laos

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

Salary ranges

We already know that a Farmer can earn between 8,305,400 LAK and 28,679,900 LAK on average in Laos. 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 Farmer in Laos is 19,558,300 LAK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 19,558,300 LAK, and 50% of the population earn more than 19,558,300 LAK.

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 Farmer salary in Laos, 25% of the population are earning less than 12,481,200 LAK while 75% of the population earn more than 12,481,200 LAK.

75% of the population earn less than 26,040,800 LAK, and 25% of the population earn more than 26,040,800 LAK.

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.

Farmer Salary by Experience Level in Laos

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 farmer 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 Farmer in Laos that has less than two years of experience can expect to earn somewhere in the region of 9,430,600 LAK.
  • 2 - 5 Years Experience. With two to five years of experience the average Farmer salary would increase to 12,600,600 LAK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Farmer, the average salary would be 18,598,500 LAK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 22,681,800 LAK.
  • 15 - 20 Years Experience. A Farmer with 15 to 20 years of experience can earn an average of 24,718,600 LAK.
  • 20+ Years Experience. For a Farmer with more than 20 years, the expected average salary increases to 26,759,500 LAK.

Average Salary by Experience Chart

0-2 Years
9,430,600 LAK
2-5 Years +34%
12,600,600 LAK
5-10 Years +48%
18,598,500 LAK
10-15 Years +22%
22,681,800 LAK
15-20 Years +9%
24,718,600 LAK
20+ Years +8%
26,759,500 LAK

Farmer Salary by Education Level in Laos

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 Farmer in Laos 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 Farmer in Laos with a high school education can earn an average salary of 10,966,400 LAK.

  • Certificate or Diploma. A Farmer in Laos with a certificate or diploma education can earn an average salary of 21,121,400 LAK.

Average Salary by Education Chart

High School
10,966,400 LAK
Certificate or Diploma +93%
21,121,400 LAK

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 Laos is around 22,700,000 to 68,200,000 LAK 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.

Farmer 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 Laos, a male farmer will earn an average of 19,200,400 LAK, while a female farmer will earn around 16,918,700 LAK.

This means that a male farmer earns approximately 13% more than a female farmer for performing the same job.

Average Salary by Gender Chart in Laos

Male
19,200,400 LAK
Female -13%
16,918,700 LAK

Farmer Average Pay Raise in Laos

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 Farmer in Laos is around 3% every 31 months.

The national average pay raise across all professions and industries in Laos is around 4% every 29 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 = ( 3 ÷ 31 ) × 12  = 1%

What this means is that a Farmer in Laos can expect to receive an average pay raise of around 1% every 12 months.

Annual Pay Raise by Industry in Laos for 2024

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

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

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Farmer Bonus and Incentive Rates in Laos

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 Farmer is a low bonus based job, with 15% of employees reporting at least one bonus in the last 12 months.

85% 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 0% to 4%.

Received Bonus
15%
No Bonus
85%

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 Laos earn approximately 25% more than private sector employees in the same role.

Public Sector
60,598,100 LAK
Private Sector -25%
48,601,200 LAK

Salaries for Jobs Similar to a Farmer

In the table below, we have salary information for jobs that are similar to a Farmer in Laos.

Job Title Category Salary
Agricultural and Food Science Technician Gardening / Farming / Fishing 33,240,500 LAK
Agricultural and Food Scientist Gardening / Farming / Fishing 78,479,700 LAK
Agricultural Consultant Gardening / Farming / Fishing 75,838,700 LAK
Agricultural Engineer Gardening / Farming / Fishing 50,398,300 LAK
Agricultural Inspector Gardening / Farming / Fishing 48,721,100 LAK
Agricultural Manager Gardening / Farming / Fishing 81,359,100 LAK
Agronomist Gardening / Farming / Fishing 72,240,100 LAK
Animal Attendant Gardening / Farming / Fishing 24,119,700 LAK
Animal Nutritionist Gardening / Farming / Fishing 46,199,800 LAK
Animal Trainer Gardening / Farming / Fishing 28,560,900 LAK
Aquaculture and Seafood Farmer Gardening / Farming / Fishing 28,318,900 LAK
Bee Keeper Gardening / Farming / Fishing 16,679,800 LAK
Commercial Horticulturist Gardening / Farming / Fishing 37,078,800 LAK
Diver Gardening / Farming / Fishing 26,280,300 LAK
Farm Manager Gardening / Farming / Fishing 62,760,700 LAK
Floral Designer Gardening / Farming / Fishing 21,841,900 LAK
Foreman Gardening / Farming / Fishing 14,400,800 LAK
Forestry and Logging Worker Gardening / Farming / Fishing 14,038,300 LAK
Garden Center Helper Gardening / Farming / Fishing 14,760,200 LAK
Garden Centre Manager Gardening / Farming / Fishing 38,878,700 LAK
Gardener Gardening / Farming / Fishing 15,838,200 LAK
General Farm Assistant Gardening / Farming / Fishing 15,838,200 LAK
Greenhouse Assistant Gardening / Farming / Fishing 15,719,900 LAK
Greenhouse Manager Gardening / Farming / Fishing 37,318,700 LAK
Groundsman Gardening / Farming / Fishing 14,760,200 LAK
Grower Gardening / Farming / Fishing 16,320,700 LAK
Horticultural Worker Gardening / Farming / Fishing 15,838,200 LAK
Tree Pruner Gardening / Farming / Fishing 15,480,300 LAK
Tree Specialist Gardening / Farming / Fishing 26,280,300 LAK

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