Financial Analyst salary in South Africa
Gross annual earnings — 2025 · Africa · Source: ILO / Life Indexed estimate
Financial Analyst salary in South Africa over time
Financial Analyst salary — Africa comparison
How South Africa compares to other Africa countries
| Country | Average salary (2025) | vs South Africa |
|---|---|---|
| South Africa | ZAR 422,300/yr | — |
| Tanzania | TZS 22,643,700/yr | local currency |
| Nigeria | NGN 16,286,400/yr | local currency |
| Kenya | KES 1,752,200/yr | local currency |
| Egypt | EGP 718,800/yr | local currency |
| Ethiopia | ETB 419,300/yr | local currency |
| Ghana | GHS 205,900/yr | local currency |
| Morocco | MAD 190,900/yr | local currency |
Financial Analyst salary worldwide
Frequently asked questions about Financial Analyst salaries in South Africa
What is the average Financial Analyst salary in South Africa in 2025?
The average financial analyst salary in South Africa in 2025 is ZAR 422,300 per year (ZAR 35,192 per month, or ZAR 8,121 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 South Africa?
Financial Analysts in South Africa earn between ZAR 274,500 and ZAR 612,400 per year in 2025. 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 South Africa?
A financial analyst in South Africa earns approximately ZAR 35,192 per month (gross) in 2025, based on an annual average of ZAR 422,300. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in South Africa.
What is the entry-level Financial Analyst salary in South Africa?
Entry-level financial analysts in South Africa typically earn between ZAR 274,500 and ZAR 359,000 per year in 2025. 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 South Africa increasing?
Yes. Based on available data, Financial Analyst salaries in South Africa have grown by approximately 19% between 2022 and 2026, reflecting ongoing demand and wage growth trends.
Is ZAR 422,300 a good salary for a Financial Analyst in South Africa?
Whether ZAR 422,300 per year is a good financial analyst salary in South Africa depends on cost of living, location, and career stage. This figure represents the 2025 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 South Africa compare to other Africa countries?
South Africa's financial analyst salary of ZAR 422,300/yr (among comparable economies) is higher than 3 countries and lower than 4 countries in the Africa region as of 2025. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.