Average Inventory Analyst Salary in Syria for 2024

In this article, we will look at the average Inventory Analyst salary for 2024 in Syria 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 Syrian pound. To keep things simple, we are using the SYP currency code instead of the currency symbol £.

How Much Does an Inventory Analyst Make in Syria?

An Inventory Analyst working in Syria will typically earn around 1,668,900 SYP per year, and this can range from the lowest average salary of about 817,800 SYP to the highest average salary of 2,605,500 SYP.

Average Annual Salary
1,668,900 SYP
Average Monthly Salary
139,075 SYP

Lowest Annual Salary
817,800 SYP
Lowest Monthly Salary
68,150 SYP

Highest Annual Salary
2,605,500 SYP
Highest Monthly Salary
217,125 SYP

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

Inventory Analyst 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 Inventory Analyst Salaries in Syria

So we've looked at the average salaries an Inventory Analyst will earn in Syria. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Inventory Analyst can earn between 817,800 SYP and 2,605,500 SYP on average in Syria. 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 Inventory Analyst in Syria is 1,703,200 SYP. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,703,200 SYP, and 50% of the population earn more than 1,703,200 SYP.

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 Inventory Analyst salary in Syria, 25% of the population are earning less than 1,134,500 SYP while 75% of the population earn more than 1,134,500 SYP.

75% of the population earn less than 2,197,700 SYP, and 25% of the population earn more than 2,197,700 SYP.

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.

Inventory Analyst Salary by Experience Level in Syria

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 inventory analyst 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 Inventory Analyst in Syria that has less than two years of experience can expect to earn somewhere in the region of 970,200 SYP.
  • 2 - 5 Years Experience. With two to five years of experience the average Inventory Analyst salary would increase to 1,249,900 SYP.
  • 5 - 10 Years Experience. From five to ten years of experience as an Inventory Analyst, the average salary would be 1,716,600 SYP.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,124,400 SYP.
  • 15 - 20 Years Experience. An Inventory Analyst with 15 to 20 years of experience can earn an average of 2,281,800 SYP.
  • 20+ Years Experience. For an Inventory Analyst with more than 20 years, the expected average salary increases to 2,435,600 SYP.

Average Salary by Experience Chart

0-2 Years
970,200 SYP
2-5 Years +29%
1,249,900 SYP
5-10 Years +38%
1,716,600 SYP
10-15 Years +24%
2,124,400 SYP
15-20 Years +7%
2,281,800 SYP
20+ Years +7%
2,435,600 SYP

Inventory Analyst Salary by Education Level in Syria

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 Inventory Analyst in Syria based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Inventory Analyst in Syria with a high school education can earn an average salary of 1,212,800 SYP.

  • Certificate or Diploma. An Inventory Analyst in Syria with a certificate or diploma education can earn an average salary of 1,391,600 SYP.

  • Bachelor's Degree. An Inventory Analyst in Syria with a bachelor's degree education can earn an average salary of 1,870,400 SYP.

  • Master's Degree. An Inventory Analyst in Syria with a master's degree education can earn an average salary of 2,352,500 SYP.

Average Salary by Education Chart

High School
1,212,800 SYP
Certificate or Diploma +15%
1,391,600 SYP
Bachelor's Degree +35%
1,870,400 SYP
Master's Degree +26%
2,352,500 SYP

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 Syria is around 743,000 to 2,230,000 SYP 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.

Inventory Analyst 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 Syria, a male inventory analyst will earn an average of 1,751,700 SYP, while a female inventory analyst will earn around 1,537,500 SYP.

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

Average Salary by Gender Chart in Syria

Male
1,751,700 SYP
Female -14%
1,537,500 SYP

Inventory Analyst Average Pay Raise in Syria

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 Inventory Analyst in Syria is around 5% every 31 months.

The national average pay raise across all professions and industries in Syria 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 = ( 5 ÷ 31 ) × 12  = 2%

What this means is that an Inventory Analyst in Syria can expect to receive an average pay raise of around 2% every 12 months.

Annual Pay Raise by Industry in Syria for 2024

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

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%

Inventory Analyst Bonus and Incentive Rates in Syria

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 Inventory Analyst is a low bonus based job, with 38% of employees reporting at least one bonus in the last 12 months.

62% 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
38%
No Bonus
62%

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 Syria earn approximately 21% more than private sector employees in the same role.

Public Sector
1,955,300 SYP
Private Sector -21%
1,621,400 SYP

Salaries for Jobs Similar to an Inventory Analyst

In the table below, we have salary information for jobs that are similar to an Inventory Analyst in Syria.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 1,668,900 SYP
Asset Protection Associate Purchasing and Inventory 1,547,500 SYP
Asset Protection Specialist Purchasing and Inventory 1,655,500 SYP
Assistant Buyer Purchasing and Inventory 1,500,800 SYP
Buyer Purchasing and Inventory 2,485,800 SYP
Capacity Planner Purchasing and Inventory 1,811,000 SYP
Category Leader Purchasing and Inventory 1,621,400 SYP
Category Management Specialist Purchasing and Inventory 1,693,600 SYP
Category Manager Purchasing and Inventory 1,825,000 SYP
Channel Services Representative Purchasing and Inventory 1,678,300 SYP
Contracts Manager Purchasing and Inventory 2,110,600 SYP
Contracts Specialist Purchasing and Inventory 1,693,600 SYP
Demand Planner Purchasing and Inventory 1,777,700 SYP
Demand Planning Manager Purchasing and Inventory 2,100,900 SYP
Distribution Assistant Purchasing and Inventory 1,391,600 SYP
Distribution Associate Purchasing and Inventory 1,428,800 SYP
Distribution Manager Purchasing and Inventory 3,288,400 SYP
Inventory Control Clerk Purchasing and Inventory 908,200 SYP
Inventory Control Manager Purchasing and Inventory 2,110,600 SYP
Inventory Management Associate Purchasing and Inventory 1,777,700 SYP
Inventory Specialist Purchasing and Inventory 1,678,300 SYP
Logistics Engineer Purchasing and Inventory 1,524,300 SYP
Master Planner Purchasing and Inventory 1,487,200 SYP
Material Handler Purchasing and Inventory 979,300 SYP
Material Planning Specialist Purchasing and Inventory 1,391,600 SYP
Merchandise Manager Purchasing and Inventory 1,980,600 SYP
Procurement Administrator Purchasing and Inventory 1,990,300 SYP
Procurement Agent Purchasing and Inventory 1,306,100 SYP
Procurement Analyst Purchasing and Inventory 2,161,200 SYP
Procurement Assistant Purchasing and Inventory 1,259,300 SYP
Procurement Associate Purchasing and Inventory 1,788,300 SYP
Procurement Clerk Purchasing and Inventory 818,100 SYP
Procurement Engineer Purchasing and Inventory 1,606,100 SYP
Procurement Manager Purchasing and Inventory 3,349,100 SYP
Procurement Officer Purchasing and Inventory 802,400 SYP
Procurement Process Analyst Purchasing and Inventory 1,990,300 SYP
Procurement Specialist Purchasing and Inventory 1,560,800 SYP
Production Planner Purchasing and Inventory 1,703,200 SYP
Project Buyer Purchasing and Inventory 2,015,600 SYP
Purchaser Purchasing and Inventory 2,495,600 SYP
Purchasing Agent Purchasing and Inventory 1,357,900 SYP
Purchasing Assistant Purchasing and Inventory 864,900 SYP
Purchasing Manager Purchasing and Inventory 3,205,100 SYP
Purchasing Officer Purchasing and Inventory 1,524,300 SYP
Purchasing Supervisor Purchasing and Inventory 2,304,300 SYP
Shipping and Receiving Clerk Purchasing and Inventory 800,500 SYP
Shipping Coordinator Purchasing and Inventory 1,500,800 SYP
Stock Clerk Purchasing and Inventory 844,100 SYP
Stock Regulator Purchasing and Inventory 995,200 SYP
Storage Manager Purchasing and Inventory 2,065,400 SYP
Store Keeper Purchasing and Inventory 829,000 SYP
Stores and Logistics Coordinator Purchasing and Inventory 1,693,600 SYP
Supply Chain Analyst Purchasing and Inventory 2,389,200 SYP
Supply Chain Coordinator Purchasing and Inventory 1,788,300 SYP
Supply Chain Development Manager Purchasing and Inventory 3,013,500 SYP
Supply Chain Director Purchasing and Inventory 3,469,900 SYP
Supply Chain Manager Purchasing and Inventory 3,349,100 SYP
Supply Planner Purchasing and Inventory 1,560,800 SYP
Warehouse Assistant Purchasing and Inventory 659,400 SYP
Warehouse Clerk Purchasing and Inventory 692,500 SYP
Warehouse Executive Purchasing and Inventory 2,773,700 SYP
Warehouse Lead Purchasing and Inventory 1,921,500 SYP
Warehouse Manager Purchasing and Inventory 2,854,700 SYP
Warehouse Supervisor Purchasing and Inventory 1,980,600 SYP
Wholesale Buyer Purchasing and Inventory 2,374,400 SYP

Salary Comparison by City

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

City Average Salary
Damascus 1,728,900 SYP

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