Financial Analyst salary in Ghana
Gross annual earnings — 2024 · Africa · Source: ILO / Life Indexed estimate
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
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.