Home > Salary > Colombia > Budget Analyst
A budget analyst is responsible for analyzing and managing an organization's financial resources. They work closely with department heads and executives to develop, monitor, and maintain budgets, ensuring that funds are allocated appropriately and in line with organizational goals. Budget analysts review financial data, forecasts, and reports to identify trends, potential areas of improvement, and cost-saving opportunities. They also provide recommendations on budget adjustments and reallocations to optimize resource utilization. Additionally, budget analysts may conduct financial audits, prepare financial reports, and assist in the preparation of budget proposals.
Estimated Yearly Salary: 36,459,560 COP
Estimated Monthly Salary: 3,038,297 COP
Estimated Weekly Salary: 701,145 COP per week
Estimated Hourly Salary: 17,529 COP per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,935,330 COP
Estimated Weekly Salary: 677,384 COP per week
Estimated Hourly Salary: 16,935 COP per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,096 USD
Estimated Monthly Salary: 675 USD
Estimated Weekly Salary: 156 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 36,459,560 COP
Estimated Monthly Salary: 3,038,297 COP
Estimated Weekly Salary: 701,145 COP per week
Estimated Hourly Salary: 17,529 COP per hour
By working as Budget Analyst a person can save up to 414 USD per month or 4,971 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Estimated Yearly Salary for Budget Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Senior vice president (svp), asset management (95,963,142 COP per year, pre-tax.)
Data analyst 1 (21,908,385 COP per year, pre-tax.)
Bank controller (50,408,149 COP per year, pre-tax.)
Data center operations engineer (45,152,565 COP per year, pre-tax.)
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Budget Analyst salary in Colombia
Average Yearly Salary of Budget Analyst in Colombia is approximately 36,459,560 COP (8,096 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Budget Analyst do?
A budget analyst is responsible for analyzing and managing an organization's financial resources. They work closely with department heads and executives to develop, monitor, and maintain budgets, ensuring that funds are allocated appropriately and in line with organizational goals. Budget analysts review financial data, forecasts, and reports to identify trends, potential areas of improvement, and cost-saving opportunities. They also provide recommendations on budget adjustments and reallocations to optimize resource utilization. Additionally, budget analysts may conduct financial audits, prepare financial reports, and assist in the preparation of budget proposals.
Skills: budget management, financial analysis, resource allocation, cost control, financial planning, financial reporting
Job industry: Finance
Job industry: Finance
How much does Budget Analyst make?
Salary details
How much does Budget Analyst make?Estimated Yearly Salary: 36,459,560 COP
Estimated Monthly Salary: 3,038,297 COP
Estimated Weekly Salary: 701,145 COP per week
Estimated Hourly Salary: 17,529 COP per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 35,223,965 COPEstimated Monthly Salary: 2,935,330 COP
Estimated Weekly Salary: 677,384 COP per week
Estimated Hourly Salary: 16,935 COP per hour
Last revision of data: 2024-01-05Budget Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,096 USD
Estimated Monthly Salary: 675 USD
Estimated Weekly Salary: 156 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Colombia is a country located in South America. It has a population of approximately 50 million people and covers an area of about 1.1 million square kilometers. The country is known for its diverse landscapes, including the Andes Mountains, Amazon rainforest, and Caribbean coastline.
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Budget Analyst job salary compared to average salary in Colombia.
Comparison shows that a person working as Budget Analyst in Colombia earns on average:
1.35 times the average salary (or 135% of average salary).
Estimated national average yearly salary is 26,951,400 COP (6,510 USD). Value indicated is pre-tax. Below graph shows estimated Budget Analyst job salary compared to average salary in Colombia.
Comparison shows that a person working as Budget Analyst in Colombia earns on average:
1.35 times the average salary (or 135% of average salary).
Is Budget Analyst a well paid job?
Yes, our data shows that Budget Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Budget Analyst?
High salary for Budget Analyst would be somewhere between 40,105,516 COP and 52,866,362 COP. However this is an estimation based on Gaussian Distribution.How much can you save working as Budget Analyst in Colombia?
Living in Colombia the approximate monthly expenses are: 260 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 36,459,560 COP
Estimated Monthly Salary: 3,038,297 COP
Estimated Weekly Salary: 701,145 COP per week
Estimated Hourly Salary: 17,529 COP per hour
By working as Budget Analyst a person can save up to 414 USD per month or 4,971 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Colombia, see costs of living in Colombia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Ecuador, Peru, Brazil, Venezuela, Panama. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Budget Analyst
Ecuador is 7,845 USD
Brazil is 10,110 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Colombia
(306,660,307 COP per year, pre-tax.)
2. Cardiologist
(254,459,006 COP per year, pre-tax.)
(247,209,986 COP per year, pre-tax.)
(238,795,833 COP per year, pre-tax.)
5. Neurosurgeon
(238,525,529 COP per year, pre-tax.)
(233,656,491 COP per year, pre-tax.)
(233,604,285 COP per year, pre-tax.)
8. Oncologist
(233,538,023 COP per year, pre-tax.)
(232,715,450 COP per year, pre-tax.)
(232,262,612 COP per year, pre-tax.)
Data as of 2025Random salary:
Senior vice president (svp), asset management (95,963,142 COP per year, pre-tax.)
Data analyst 1 (21,908,385 COP per year, pre-tax.)
Bank controller (50,408,149 COP per year, pre-tax.)
Data center operations engineer (45,152,565 COP per year, pre-tax.)
Payroll representative (22,095,648 COP per year, pre-tax.)
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