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Business Analyst Financebanking salary in Kuwait

Average Yearly Salary of Business Analyst Financebanking in Kuwait is approximately 53,447 KWD (17,872 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 Business Analyst Financebanking do?

occupation personasThe occupation of a Business Analyst in the finance and banking industry involves analyzing financial data, identifying trends, and providing insights to support decision-making processes. They work closely with stakeholders such as managers, executives, and clients to understand their requirements and goals. Business Analysts in this field also conduct market research, assess risk factors, and develop strategies to optimize financial performance. They use various tools and techniques to analyze financial statements, evaluate investment opportunities, and create financial models. Additionally, they collaborate with cross-functional teams to implement process improvements, streamline operations, and ensure regulatory compliance. The role requires strong analytical skills, proficiency in financial software and tools, and excellent communication abilities to effectively present findings and recommendations.

Skills: Business Analyst, Finance, Banking, Financial Analysis, Risk Assessment, Data Analysis
Job industry: Finance


How much does Business Analyst Financebanking make?

Salary details
How much does Business Analyst Financebanking make?
Estimated Yearly Salary: 53,447 KWD
Estimated Monthly Salary: 4,454 KWD
Estimated Weekly Salary: 1,028 KWD per week
Estimated Hourly Salary: 26 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 51,448 KWD
Estimated Monthly Salary: 4,287 KWD
Estimated Weekly Salary: 989 KWD per week
Estimated Hourly Salary: 25 KWD per hour
Last revision of data: 2024-02-08



Business Analyst Financebanking estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 17,872 USD
Estimated Monthly Salary: 1,489 USD
Estimated Weekly Salary: 344 USD per week
Estimated Hourly Salary: 9 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.

Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Business Analyst Financebanking job salary compared to average salary in Kuwait.
Comparison shows that a person working as Business Analyst Financebanking in Kuwait earns on average:
4.35 times the average salary (or 435% of average salary).

Is Business Analyst Financebanking a well paid job?

Yes, our data show that Business Analyst Financebanking is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Analyst Financebanking?

High salary for Business Analyst Financebanking would be somewhere between 58,792 KWD and 77,498 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Analyst Financebanking in Kuwait?

Living in Kuwait the approximate monthly expenses are: 1,600 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: 53,447 KWD
Estimated Monthly Salary: 4,454 KWD
Estimated Weekly Salary: 1,028 KWD per week
Estimated Hourly Salary: 26 KWD per hour
Our data indicates that by working as Business Analyst Financebanking you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

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 Kuwait, see costs of living in Kuwait.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Iraq.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Business Analyst Financebanking

Saudi Arabia is 36,821 USDup arrow 106%
Details on Business Analyst Financebanking salary in Saudi Arabia
Iraq is 7,968 USDdown arrow 55%
Details on Business Analyst Financebanking salary in Iraq
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Kuwait

(419,012 KWD per year, pre-tax.)
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
(317,161 KWD per year, pre-tax.)
(316,850 KWD per year, pre-tax.)

Data as of 2025

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