Financial Analyst salary in Ghana

Gross annual earnings — 2024 · Africa · Source: ILO / Life Indexed estimate

Average salary GHS 198,000 per year (2024)
Minimum GHS 128,700 per year
Maximum GHS 287,100 per year
Monthly (est.) GHS 16,500 per month
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Financial Analyst salary in Ghana over time

Financial Analyst salary — Africa comparison

How Ghana compares to other Africa countries

Country Average salary (2024) vs Ghana
Ghana GHS 198,000/yr
Tanzania TZS 21,772,800/yr local currency
Nigeria NGN 15,660,000/yr local currency
Kenya KES 1,684,800/yr local currency
Egypt EGP 691,200/yr local currency
South Africa ZAR 406,100/yr local currency
Ethiopia ETB 403,200/yr local currency
Morocco MAD 183,600/yr local currency

Financial Analyst salary worldwide

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Frequently asked questions about Financial Analyst salaries in Ghana

What is the average Financial Analyst salary in Ghana in 2024?

The average financial analyst salary in Ghana in 2024 is GHS 198,000 per year (GHS 16,500 per month, or GHS 3,808 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.

What is the salary range for a Financial Analyst in Ghana?

Financial Analysts in Ghana earn between GHS 128,700 and GHS 287,100 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.

How much does a Financial Analyst earn per month in Ghana?

A financial analyst in Ghana earns approximately GHS 16,500 per month (gross) in 2024, based on an annual average of GHS 198,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Ghana.

What is the entry-level Financial Analyst salary in Ghana?

Entry-level financial analysts in Ghana typically earn between GHS 128,700 and GHS 168,300 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.

Is the Financial Analyst salary in Ghana increasing?

Yes. Based on available data, Financial Analyst salaries in Ghana have grown by approximately 27% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is GHS 198,000 a good salary for a Financial Analyst in Ghana?

Whether GHS 198,000 per year is a good financial analyst salary in Ghana depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.

How does the Financial Analyst salary in Ghana compare to other Africa countries?

Ghana's financial analyst salary of GHS 198,000/yr (among comparable economies) is higher than 1 country and lower than 6 countries in the Africa region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.