Financial Analyst salary in Kenya

Gross annual earnings — 2022 · Africa · Source: ILO / Life Indexed estimate

Average salary KES 1,550,000 per year (2022)
Minimum KES 1,007,500 per year
Maximum KES 2,247,500 per year
Monthly (est.) KES 129,167 per month
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Financial Analyst salary in Kenya over time

Financial Analyst salary — Africa comparison

How Kenya compares to other Africa countries

Country Average salary (2022) vs Kenya
Kenya KES 1,550,000/yr
Tanzania TZS 20,031,000/yr local currency
Nigeria NGN 14,407,200/yr local currency
Egypt EGP 635,900/yr local currency
South Africa ZAR 373,600/yr local currency
Ethiopia ETB 370,900/yr local currency
Ghana GHS 182,200/yr local currency
Morocco MAD 168,900/yr local currency

Financial Analyst salary worldwide

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Frequently asked questions about Financial Analyst salaries in Kenya

What is the average Financial Analyst salary in Kenya in 2022?

The average financial analyst salary in Kenya in 2022 is KES 1,550,000 per year (KES 129,167 per month, or KES 29,808 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 Kenya?

Financial Analysts in Kenya earn between KES 1,007,500 and KES 2,247,500 per year in 2022. 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 Kenya?

A financial analyst in Kenya earns approximately KES 129,167 per month (gross) in 2022, based on an annual average of KES 1,550,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Kenya.

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

Entry-level financial analysts in Kenya typically earn between KES 1,007,500 and KES 1,317,500 per year in 2022. 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 Kenya increasing?

Yes. Based on available data, Financial Analyst salaries in Kenya have grown by approximately 21% between 2022 and 2026, reflecting ongoing demand and wage growth trends.

Is KES 1,550,000 a good salary for a Financial Analyst in Kenya?

Whether KES 1,550,000 per year is a good financial analyst salary in Kenya depends on cost of living, location, and career stage. This figure represents the 2022 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 Kenya compare to other Africa countries?

Kenya's financial analyst salary of KES 1,550,000/yr (among comparable economies) is higher than 5 countries and lower than 2 countries in the Africa region as of 2022. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.