Monday, June 16, 2014

Highest-Paid Software Engineers - Countries


A recent Bloomberg report shows Pakistani Software Engineers are earning six times the average salary as compared to other Pakistanis.

"Pakistani software engineers earn almost six times more than the average worker in their country"

Average Salary in Pakistan:                   PKR 10,654.20
Median Salary of Software Engineer:    PKR 59,190.00
*per month 

However one main factor which is ignored in this report that software engineer in Pakistan is a degree holder student. So logically speaking this comparison is not valid, you can't compare average salary of a Pakistani with salary of an IT graduate when literacy rate in Pakistan is 57%. 

Also this is very important that any person who can read and write is considered literate. So how many will be graduate in 57%? I can't find the exact figures but it can't be more then 20% from total of 57% percent literate people.

I am very sure my assumption is more then the actual figure, let say in this 57% literate people 20% are graduates which means

Total graduates in Pakistan will be:    11%
Illiterate + undergraduates will be:      89% 

Now you can't compare the salary of 11% with salary of 89% people.


Is really a Pakistani Software Engineer earning highest salary?
Answer is NO.
If you compare average salary of Software Engineers among these 50 countries Pakistan is on 46. With Switzerland, Norway and USA on top three.

This is one of the major reasons Pakistani Software Engineers want to work in a foreign country. 
   
Median Salary of a Software Engineer in Pakistan:    PKR 59,190.00 
Median Salary of a Software Engineer in USA:          PKR 624,783.33 10 x times the salary in Pakistan
*per month 

In United Arab Emirates Software Engineer is earning: PKR 238,404.17    4 x times the salary in Pakistan


 If we sort the table by Median Annual Salary table will look like this:
  
Rank by Highest Medain Annual Salary
Rank
Country
Ratio of median software engineer pay to average income
Median Monthly pay for software engineers (PKR)
Average Monthly income (PKR)
Median annual pay for software engineers (PKR)
Average annual income (PKR)
Median annual pay for software engineers (USD)
Average annual income (USD)
1
27
1.21
PKR 856,610.83
PKR 708,183.69
PKR 10,279,330.00
PKR 8,498,204.25
$104,200
$86,145
2
44
0.82
PKR 669,175.83
PKR 818,581.26
PKR 8,030,110.00
PKR 9,822,975.10
$81,400
$99,574
3
21
1.38
PKR 624,783.33
PKR 451,981.42
PKR 7,497,400.00
PKR 5,423,777.00
$76,000
$54,980
4
29
1.16
PKR 587,789.58
PKR 508,779.15
PKR 7,053,475.00
PKR 6,105,349.85
$71,500
$61,889
5
13
1.86
PKR 581,212.92
PKR 312,424.55
PKR 6,974,555.00
PKR 3,749,094.60
$70,700
$38,004
6
34
1.08
PKR 541,752.92
PKR 502,597.09
PKR 6,501,035.00
PKR 6,031,165.05
$65,900
$61,137
7
23
1.33
PKR 524,489.17
PKR 393,720.37
PKR 6,293,870.00
PKR 4,724,644.45
$63,800
$47,893
8
39
1.03
PKR 504,759.17
PKR 491,005.71
PKR 6,057,110.00
PKR 5,892,068.55
$61,400
$59,727
9
22
1.37
PKR 489,961.67
PKR 357,022.57
PKR 5,879,540.00
PKR 4,284,270.85
$59,600
$43,429
10
30
1.15
PKR 472,697.92
PKR 409,709.89
PKR 5,672,375.00
PKR 4,916,518.70
$57,500
$49,838
11
24
1.28
PKR 462,010.83
PKR 360,319.13
PKR 5,544,130.00
PKR 4,323,829.50
$56,200
$43,830
12
27
1.21
PKR 449,679.58
PKR 370,948.66
PKR 5,396,155.00
PKR 4,451,383.95
$54,700
$45,123
13
31
1.13
PKR 443,102.92
PKR 392,898.29
PKR 5,317,235.00
PKR 4,714,779.45
$53,900
$47,793
14
34
1.08
PKR 443,102.92
PKR 409,109.77
PKR 5,317,235.00
PKR 4,909,317.25
$53,900
$49,765
15
38
1.04
PKR 423,372.92
PKR 406,758.61
PKR 5,080,475.00
PKR 4,881,103.35
$51,500
$49,479
16
43
0.94
PKR 405,287.08
PKR 429,259.03
PKR 4,863,445.00
PKR 5,151,108.40
$49,300
$52,216
17
40
1.01
PKR 397,888.33
PKR 392,848.96
PKR 4,774,660.00
PKR 4,714,187.55
$48,400
$47,787
18
36
1.07
PKR 334,587.92
PKR 313,559.03
PKR 4,015,055.00
PKR 3,762,708.30
$40,700
$38,142
19
46
0.7
PKR 318,968.33
PKR 456,815.27
PKR 3,827,620.00
PKR 5,481,783.20
$38,800
$55,568
20
26
1.22
PKR 304,170.83
PKR 250,176.40
PKR 3,650,050.00
PKR 3,002,116.80
$37,000
$30,432
21
42
0.96
PKR 286,907.08
PKR 297,725.70
PKR 3,442,885.00
PKR 3,572,708.40
$34,900
$36,216
22
50
0.35
PKR 274,575.83
PKR 794,420.23
PKR 3,294,910.00
PKR 9,533,042.75
$33,400
$96,635
23
14
1.75
PKR 271,287.50
PKR 154,929.83
PKR 3,255,450.00
PKR 1,859,157.90
$33,000
$18,846
24
45
0.73
PKR 241,692.50
PKR 330,271.98
PKR 2,900,310.00
PKR 3,963,263.75
$29,400
$40,175
25
48
0.65
PKR 238,404.17
PKR 364,429.54
PKR 2,860,850.00
PKR 4,373,154.50
$29,000
$44,330
26
8
2.46
PKR 224,428.75
PKR 91,086.83
PKR 2,693,145.00
PKR 1,093,042.00
$27,300
$11,080
27
37
1.05
PKR 218,674.17
PKR 207,403.40
PKR 2,624,090.00
PKR 2,488,840.85
$26,600
$25,229
28
32
1.12
PKR 207,987.08
PKR 185,741.51
PKR 2,495,845.00
PKR 2,228,898.10
$25,300
$22,594
29
4
3.28
PKR 207,165.00
PKR 63,152.44
PKR 2,485,980.00
PKR 757,829.30
$25,200
$7,682
30
49
0.54
PKR 207,165.00
PKR 380,969.86
PKR 2,485,980.00
PKR 4,571,638.30
$25,200
$46,342
31
3
3.64
PKR 197,300.00
PKR 54,216.40
PKR 2,367,600.00
PKR 650,596.75
$24,000
$6,595
32
32
1.12
PKR 197,300.00
PKR 176,221.78
PKR 2,367,600.00
PKR 2,114,661.40
$24,000
$21,436
33
5
3.15
PKR 189,901.25
PKR 60,283.37
PKR 2,278,815.00
PKR 723,400.45
$23,100
$7,333
34
16
1.6
PKR 185,790.83
PKR 116,209.70
PKR 2,229,490.00
PKR 1,394,516.40
$22,600
$14,136
35
17
1.51
PKR 181,680.42
PKR 120,394.10
PKR 2,180,165.00
PKR 1,444,729.25
$22,100
$14,645
36
10
2.04
PKR 180,858.33
PKR 88,513.71
PKR 2,170,300.00
PKR 1,062,164.55
$22,000
$10,767
37
41
0.99
PKR 177,570.00
PKR 178,934.66
PKR 2,130,840.00
PKR 2,147,215.90
$21,600
$21,766
38
25
1.25
PKR 172,637.50
PKR 137,633.19
PKR 2,071,650.00
PKR 1,651,598.30
$21,000
$16,742
39
20
1.44
PKR 158,662.08
PKR 109,855.00
PKR 1,903,945.00
PKR 1,318,259.95
$19,300
$13,363
40
15
1.72
PKR 140,576.25
PKR 81,550.67
PKR 1,686,915.00
PKR 978,608.00
$17,100
$9,920
41
18
1.45
PKR 135,643.75
PKR 93,610.63
PKR 1,627,725.00
PKR 1,123,327.55
$16,500
$11,387
42
18
1.45
PKR 115,091.67
PKR 79,248.83
PKR 1,381,100.00
PKR 950,986.00
$14,000
$9,640
43
6
2.96
PKR 95,361.67
PKR 32,217.45
PKR 1,144,340.00
PKR 386,609.35
$11,600
$3,919
44
7
2.69
PKR 64,944.58
PKR 24,128.15
PKR 779,335.00
PKR 289,537.75
$7,900
$2,935
45
9
2.19
PKR 60,012.08
PKR 27,400.04
PKR 720,145.00
PKR 328,800.45
$7,300
$3,333
46
1
5.56
PKR 59,190.00
PKR 10,654.20
PKR 710,280.00
PKR 127,850.40
$7,200
$1,296
47
11
1.98
PKR 55,079.58
PKR 27,827.52
PKR 660,955.00
PKR 333,930.25
$6,700
$3,385
48
47
0.68
PKR 53,435.42
PKR 78,229.45
PKR 641,225.00
PKR 938,753.40
$6,500
$9,516
49
12
1.87
PKR 52,613.33
PKR 28,090.59
PKR 631,360.00
PKR 337,087.05
$6,400
$3,417
50
2
3.91
PKR 50,969.17
PKR 13,021.80
PKR 611,630.00
PKR 156,261.60
$6,200
$1,584


India is among the lowest of Software Engineer salaries. 

Actual Bloomberg report can be found here:

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