How Much Business Analysts Earn Around the World

How much do Business Analysts make?

Career Advice

The salary of an IT Business Analyst can vary depending on a number of factors such as location, experience, education, and company size. Here are some approximate salary ranges for IT Business Analysts in different countries:

North America

United States
Canada
Mexico

In the United States, the estimated number of business analysts is 806,400 (source: Career Explorer) and in Canada, there's an estimated 63,800 business analysts in work (source: Job Bank).

North American Salaries

United States: According to Glassdoor, the average base salary for an IT Business Analyst in the United States is around $70,000 to $90,000 per year, with some experienced professionals earning up to $120,000 per year.
Canada: the average salary for a business analyst in Canada is $82,550 according to talent.com. Salaries range from as low as CAD $69,799 to as high as $128,557 for more experienced professionals.
According to Payscale, the average salary for an IT Business Analyst in Canada is around C$66,000 to C$88,000 per year, with some experienced professionals earning up to C$120,000 per year. Not much to choose from both sources, showing how well remunerated Canadian business analysts are!
Mexico: According to Glassdoor, the average business analyst salary in Mexico is MX$34,000, ranging from MX$23,000 to MX$ 45,000.

Office in Juarez Photo by Coffeefy Workafe on Unsplash

Europe

United Kingdom
Germany
France
Netherlands
Switzerland

Tower Bridge in London where Business Analysts are well compensated - Photo by Gonzalo Facello on Unsplash

European Salaries

United Kingdom: The average salary for an IT Business Analyst in the United Kingdom is around £40,000 to £60,000 per year, with some experienced professionals earning up to £80,000 per year.
Germany: The average salary for an IT Business Analyst in Germany is around €50,000 to €75,000 per year, with some experienced professionals earning up to €100,000 per year.
France: According to Glassdoor, the average salary for an IT Business Analyst in France is around €35,000 to €55,000 per year, with some experienced professionals earning up to €80,000 per year.
Netherlands: The average salary for an IT Business Analyst in the Netherlands is around €45,000 to €70,000 per year, with some experienced professionals earning up to €100,000 per year.
Switzerland: The average salary for an IT Business Analyst in Switzerland is around CHF 90,000 to CHF 120,000 per year, with some experienced professionals earning up to CHF 150,000 per year.

Africa

Nigeria
South Africa

African Salaries

Nigeria: The average salary for an IT Business Analyst in Nigeria is around NGN 3,000,000 to NGN 5,500,000 per year, with some experienced professionals earning up to NGN 10,000,000 per year.
South Africa: According to PayScale, the average salary for an IT Business Analyst in South Africa is around ZAR 350,000 to ZAR 600,000 per year, with some experienced professionals earning up to ZAR 900,000 per year.

South America

Brazil
Argentina

South American Salaries

Brazil: According to Glassdoor, the average salary for an IT Business Analyst in Brazil is around BRL 70,000 to BRL 120,000 per year, with some experienced professionals earning up to BRL 180,000 per year.
Argentina: The average salary for an IT Business Analyst in Argentina is around ARS 1,200,000 to ARS 1,800,000 per year, with some experienced professionals earning up to ARS 2,500,000 per year.

Oceania

Australia
New Zealand

Oceania Salaries

‍Australia: According to PayScale, the average salary for an IT Business Analyst in Australia is around AUD 75,000 to AUD 110,000 per year, with some experienced professionals earning up to AUD 150,000 per year.
New Zealand: The average salary for an IT Business Analyst in New Zealand is around NZD 65,000 to NZD 100,000 per year, with some experienced professionals earning up to NZD 150,000 per year.

Asia

India
Japan
China

Asian Salaries

‍India: The average salary for an IT Business Analyst in India is around Rs 5,00,000 to Rs 10,00,000 per year, with some experienced professionals earning up to Rs 20,00,000 per year.
Japan: According to Glassdoor, the average salary for Business Analyst is JP¥6,900,000 per year in the Tokyo, Japan. The average additional cash compensation for a Business Analyst in the Tokyo, Japan is JP¥900,000, with a range from JP¥400,000 - JP¥1,411,000. Salaries estimates are based on 182 salaries submitted anonymously to Glassdoor by Business Analyst employees in Tokyo, Japan.
China: According to Glassdoor, the average salary for Business Analyst is CN¥14,667 per month in the Shanghai, China. The average additional cash compensation for a Business Analyst in the Shanghai, China is CN¥1,667, with a range from CN¥833 - CN¥3,750. Salaries estimates are based on 164 salaries submitted anonymously to Glassdoor by Business Analyst employees in Shanghai, China.

Conclusion

Whilst these figures are averages, business analysts are well compensated in all of the surveys included in this report. Moreover, business analysis could prove to be an enjoyable, varied and profitable endeavour should you choose to engage.