Financial Manager salary in Ethiopia
Gross annual earnings — 2024 · 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 (2024) | vs Ethiopia |
|---|---|---|
| Ethiopia | ETB 504,000/yr | — |
| Tanzania | TZS 27,216,000/yr | local currency |
| Nigeria | NGN 19,575,000/yr | local currency |
| Kenya | KES 2,106,000/yr | local currency |
| Egypt | EGP 864,000/yr | local currency |
| South Africa | ZAR 507,600/yr | local currency |
| Ghana | GHS 247,500/yr | local currency |
| Morocco | MAD 229,500/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 2024?
The average financial manager salary in Ethiopia in 2024 is ETB 504,000 per year (ETB 42,000 per month, or ETB 9,692 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 327,600 and ETB 730,800 per year in 2024. 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 42,000 per month (gross) in 2024, based on an annual average of ETB 504,000. 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 327,600 and ETB 428,400 per year in 2024. 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 504,000 a good salary for a Financial Manager in Ethiopia?
Whether ETB 504,000 per year is a good financial manager salary in Ethiopia depends on cost of living, location, and career stage. This figure represents the 2024 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 504,000/yr (among comparable economies) is higher than 2 countries and lower than 5 countries in the Africa region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.