Banking Average Salaries in Mozambique 2026
How much money does a person working in Banking make in Mozambique?
LOW
13,800
MZN AVERAGE
44,000
MZN HIGH
89,700
MZN
A person working in Banking in Mozambique typically earns around 44,000 MZN. Salaries range from 13,800 MZN (lowest average) to 89,700 MZN (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Banking domain in Mozambique exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Banking Jobs Pay Scale and Salaries in Mozambique
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Banking in Mozambique range from 13,800 MZN (starting average salary) to 89,700 MZN (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Banking is 38,700 MZN, implying that half of the workforce in Mozambique earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Banking in Mozambique earn less than 28,900 MZN, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 47,600 MZN, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Banking in Mozambique. The analysis revealed that roughly 65% of all reported salaries fell within the range of 19,400 MZN to 35,800 MZN. Approximately 20% of salaries were below the 19,400 MZN mark, while 10% ranged from 35,800 MZN to 43,300 MZN. Only 5% of individuals earned a gross salary of 43,300 MZN or higher.