Average Oil and Petrochemical Engineer Salary in Banja Luka, Bosnia and Herzegovina for 2026

In this article, we will look at the average Oil and Petrochemical Engineer salary for 2026 in Banja Luka 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 Bosnia and Herzegovina convertible mark. To keep things simple, we are using the BAM currency code instead of the currency symbol .

How Much Does an Oil and Petrochemical Engineer Make in Banja Luka?

An Oil and Petrochemical Engineer working in Banja Luka will typically earn around 26,100 BAM per year, and this can range from the lowest average salary of about 12,120 BAM to the highest average salary of 43,520 BAM.

These are average salaries for an Oil and Petrochemical Engineer in Banja Luka and include benefits such as housing and transport. It's also possible for an Oil and Petrochemical Engineer to earn more or less than the average salaries shown above.

Oil and Petrochemical Engineer 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 Oil and Petrochemical Engineer Salaries in Banja Luka

So we've looked at the average salaries an Oil and Petrochemical Engineer will earn in Banja Luka. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Oil and Petrochemical Engineer can earn between 12,120 BAM and 43,520 BAM on average in Banja Luka. 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 Oil and Petrochemical Engineer in Banja Luka is 28,680 BAM. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 28,680 BAM, and 50% of the population earn more than 28,680 BAM.

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 Oil and Petrochemical Engineer salary in Banja Luka, 25% of the population are earning less than 18,900 BAM while 75% of the population earn more than 18,900 BAM.

75% of the population earn less than 38,340 BAM, and 25% of the population earn more than 38,340 BAM.

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.

Oil and Petrochemical Engineer Salary by Experience Level in Banja Luka

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 Oil and Petrochemical Engineer 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 Oil and Petrochemical Engineer in Banja Luka that has less than two years of experience can expect to earn somewhere in the region of 14,200 BAM.
• 2 - 5 Years Experience. With two to five years of experience the average Oil and Petrochemical Engineer salary would increase to 19,020 BAM.
• 5 - 10 Years Experience. From five to ten years of experience as an Oil and Petrochemical Engineer, the average salary would be 26,860 BAM.
• 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 35,300 BAM.
• 15 - 20 Years Experience. An Oil and Petrochemical Engineer with 15 to 20 years of experience can earn an average of 36,020 BAM.
• 20+ Years Experience. For an Oil and Petrochemical Engineer with more than 20 years, the expected average salary increases to 40,040 BAM.

Average Salary by Experience Chart

Oil and Petrochemical Engineer Salary by Education Level in Banja Luka

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 Oil and Petrochemical Engineer in Banja Luka based on the education level of the employees in order to find out whether a better education level would increase your salary.

• Bachelor's Degree. An Oil and Petrochemical Engineer in Banja Luka with a bachelor's degree education can earn an average salary of 15,300 BAM.
• Master's Degree. An Oil and Petrochemical Engineer in Banja Luka with a master's degree education can earn an average salary of 30,700 BAM.

Average Salary by Education Chart

Oil and Petrochemical Engineer 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 Banja Luka, a male oil and petrochemical engineer will earn an average of 28,660 BAM, while a female oil and petrochemical engineer will earn around 27,020 BAM.

This means that a male oil and petrochemical engineer earns approximately 6% more than a female oil and petrochemical engineer for performing the same job.

Average Salary by Gender Chart in Banja Luka

Oil and Petrochemical Engineer Average Pay Raise in Banja Luka

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 Oil and Petrochemical Engineer in Banja Luka is around 7% every 30 months.

The national average pay raise across all professions and industries in Bosnia and Herzegovina 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that an Oil and Petrochemical Engineer in Banja Luka can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Banja Luka for 2026

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

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

Oil and Petrochemical Engineer Bonus and Incentive Rates in Banja Luka

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 Oil and Petrochemical Engineer is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

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 Bosnia and Herzegovina earn approximately 27% more than private sector employees in the same role.

Salaries for Jobs Similar to an Oil and Petrochemical Engineer

In the table below, we have salary information for jobs that are similar to an Oil and Petrochemical Engineer in Banja Luka.

Salary Comparison by City

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