Financial Manager salary in Ethiopia
Gross annual earnings — 2022 · Africa · Source: ILO / Life Indexed estimate
Financial Manager salary in Ethiopia over time
Financial Manager salary — Africa comparison
How Ethiopia compares to other Africa countries
| Country | Average salary (2022) | vs Ethiopia |
|---|---|---|
| Ethiopia | ETB 463,700/yr | — |
| Tanzania | TZS 25,038,700/yr | local currency |
| Nigeria | NGN 18,009,000/yr | local currency |
| Kenya | KES 1,937,500/yr | local currency |
| Egypt | EGP 794,900/yr | local currency |
| South Africa | ZAR 467,000/yr | local currency |
| Ghana | GHS 227,700/yr | local currency |
| Morocco | MAD 211,100/yr | local currency |
Financial Manager salary worldwide
Frequently asked questions about Financial Manager salaries in Ethiopia
What is the average Financial Manager salary in Ethiopia in 2022?
The average financial manager salary in Ethiopia in 2022 is ETB 463,700 per year (ETB 38,642 per month, or ETB 8,917 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.
What is the salary range for a Financial Manager in Ethiopia?
Financial Managers in Ethiopia earn between ETB 301,400 and ETB 672,300 per year in 2022. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.
How much does a Financial Manager earn per month in Ethiopia?
A financial manager in Ethiopia earns approximately ETB 38,642 per month (gross) in 2022, based on an annual average of ETB 463,700. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Ethiopia.
What is the entry-level Financial Manager salary in Ethiopia?
Entry-level financial managers in Ethiopia typically earn between ETB 301,400 and ETB 394,100 per year in 2022. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.
Is the Financial Manager salary in Ethiopia increasing?
Yes. Based on available data, Financial Manager salaries in Ethiopia have grown by approximately 30% between 2022 and 2026, reflecting ongoing demand and wage growth trends.
Is ETB 463,700 a good salary for a Financial Manager in Ethiopia?
Whether ETB 463,700 per year is a good financial manager salary in Ethiopia depends on cost of living, location, and career stage. This figure represents the 2022 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.
How does the Financial Manager salary in Ethiopia compare to other Africa countries?
Ethiopia's financial manager salary of ETB 463,700/yr (among comparable economies) is higher than 2 countries and lower than 5 countries in the Africa region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.