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Average Salary in Equatorial Guinea 2019

How much money does a person working in Equatorial Guinea make?

17,000 XAF per month
Average Monthly Salary
A person working in Equatorial Guinea typically earns around 17,000 XAF 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 Equatorial Guinea | All Jobs

25% of people earn
12,750 XAF
or less
50% of people earn
17,000 XAF
or less
75% of people earn
21,250 XAF
or less
8,500 XAF
17,000 XAF
25,500 XAF

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Equatorial Guinea range between 8,500 XAF per month (minimum salary) to 25,500 XAF per month (maximum salary).

The median salary is 17,000 XAF per month, which means that half (50%) of the population are earning less than 17,000 XAF while the other half are earning more than 17,000 XAF. 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 12,750 XAF while 75% of them are earning more than 12,750 XAF. Also from the diagram, 75% of the population are earning less than 21,250 XAF while 25% are earning more than 21,250 XAF.

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 Equatorial Guinea

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

Average Salary 2016    =  
15,926 XAF
Average Salary 2017    +3%  
16,372 XAF
Average Salary 2018    +2%  
16,634 XAF
Average Salary 2019    +2%  
17,000 XAF
Percentage increase and decrease are relative to the previous value
Salaries in Equatorial Guinea are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Average Hourly Wage in Equatorial Guinea | All Jobs

87 XAF per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Equatorial Guinea | All Jobs is 87 XAF. This means that the average person in Equatorial Guinea earns approximatly 87 XAF 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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