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Average Salary in Maldives 2018

How much money does a person working in Maldives make?

16,000 MVR per month
Average Monthly Salary
A person working in Maldives typically earns around 16,000 MVR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Maldives | All Jobs

25% of people earn
12,000 MVR
or less
50% of people earn
16,000 MVR
or less
75% of people earn
20,000 MVR
or less
Minimum
8,000 MVR
Median
16,000 MVR
Maximum
24,000 MVR

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Maldives range between 8,000 MVR per month (minimum salary) to 24,000 MVR per month (maximum salary).

The median salary is 16,000 MVR per month, which means that half (50%) of the population are earning less than 16,000 MVR while the other half are earning more than 16,000 MVR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 12,000 MVR while 75% of them are earning more than 12,000 MVR. Also from the diagram, 75% of the population are earning less than 20,000 MVR while 25% are earning more than 20,000 MVR.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salaries for specific job categories

Choose your job category from below to explore specific salary details

Salary Trend and Forecast in Maldives

How are Maldives salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

2015201620172018
Average Salary 2015    =  
14,989 MVR
Average Salary 2016    +2%  
15,259 MVR
Average Salary 2017    +3%  
15,686 MVR
Average Salary 2018    +2%  
16,000 MVR
Percentage increase and decrease are relative to the previous value
Salaries in Maldives are on the rise in the year 2018 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2018 are 2% higher than those of 2017. The trend suggests a slow yet continous increase in pay in 2019 and future years. These numbers differ slightly from industry to another.


Average Hourly Wage in Maldives | All Jobs

82 MVR per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Maldives | All Jobs is 82 MVR. This means that the average person in Maldives earns approximatly 82 MVR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

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