Kenya Ranks 10th in Africa for Average Monthly Net Salary
Source: Nairobi Wire
Summary
Kenya has ranked 10th among 54 African nations for estimated monthly average net salary, according to data from economic tracking platform LiveGDP. The report pegs Kenya’s take-home pay at Ksh44,553 ($344) per month, placing the country 132nd globally. “Kenya records a monthly average net salary of $344 and ranks 10th in Africa,” the report stated. Djibouti leads the continent with an estimated monthly net salary of Ksh367,311 ($2,836), ranking 27th globally. South Africa follows in second place at Ksh164,486 ($1,270), while Seychelles takes third at Ksh102,318 ($790). LiveGDP calculated net earnings by estimating total compensation after subtracting income taxes and The post Kenya Ranks 10th in Africa for Average Monthly Net Salary appeared first on Nairobi Wire.