Home > Salary > Monaco > Procurement Analyst
A procurement analyst is responsible for analyzing and optimizing an organization's procurement process. They gather and evaluate data related to purchasing activities, such as supplier performance, market trends, and pricing. By conducting thorough research and analysis, they identify opportunities for cost reduction, process improvement, and risk mitigation. Furthermore, procurement analysts collaborate with cross-functional teams, including suppliers and internal stakeholders, to develop and implement strategies that align with the organization's goals.
Estimated Yearly Salary: 232,712 EUR
Estimated Monthly Salary: 19,393 EUR
Estimated Weekly Salary: 4,475 EUR per week
Estimated Hourly Salary: 112 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,762 EUR
Estimated Weekly Salary: 4,330 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 233,190 USD
Estimated Monthly Salary: 19,433 USD
Estimated Weekly Salary: 4,484 USD per week
Estimated Hourly Salary: 112 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 232,712 EUR
Estimated Monthly Salary: 19,393 EUR
Estimated Weekly Salary: 4,475 EUR per week
Estimated Hourly Salary: 112 EUR per hour
By working as Procurement Analyst a person can save up to 11,989 USD per month or 143,872 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Procurement Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Embroiderer (92,133 EUR per year, pre-tax.)
Asic design engineer (387,136 EUR per year, pre-tax.)
Purchasing director (277,620 EUR per year, pre-tax.)
Calculus teacher (153,287 EUR per year, pre-tax.)
Pharmacy technician (82,772 EUR per year, pre-tax.)
Procurement Analyst salary in Monaco
Average Yearly Salary of Procurement Analyst in Monaco is approximately 232,712 EUR (233,190 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 Procurement Analyst do?
A procurement analyst is responsible for analyzing and optimizing an organization's procurement process. They gather and evaluate data related to purchasing activities, such as supplier performance, market trends, and pricing. By conducting thorough research and analysis, they identify opportunities for cost reduction, process improvement, and risk mitigation. Furthermore, procurement analysts collaborate with cross-functional teams, including suppliers and internal stakeholders, to develop and implement strategies that align with the organization's goals.
Skills: procurement, analysis, cost reduction, process improvement, risk mitigation, strategic sourcing
Job industry: Supply chain management
Job industry: Supply chain management
How much does Procurement Analyst make?
Salary details
How much does Procurement Analyst make?Estimated Yearly Salary: 232,712 EUR
Estimated Monthly Salary: 19,393 EUR
Estimated Weekly Salary: 4,475 EUR per week
Estimated Hourly Salary: 112 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 225,138 EUREstimated Monthly Salary: 18,762 EUR
Estimated Weekly Salary: 4,330 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Last revision of data: 2024-01-03Procurement Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 233,190 USD
Estimated Monthly Salary: 19,433 USD
Estimated Weekly Salary: 4,484 USD per week
Estimated Hourly Salary: 112 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Analyst job salary compared to average salary in Monaco.
Comparison shows that a person working as Procurement Analyst in Monaco earns on average:
1.37 times the average salary (or 137% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Procurement Analyst job salary compared to average salary in Monaco.
Comparison shows that a person working as Procurement Analyst in Monaco earns on average:
1.37 times the average salary (or 137% of average salary).
Is Procurement Analyst a well paid job?
Yes, our data shows that Procurement 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 Procurement Analyst?
High salary for Procurement Analyst would be somewhere between 255,983 EUR and 337,432 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Procurement Analyst in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 232,712 EUR
Estimated Monthly Salary: 19,393 EUR
Estimated Weekly Salary: 4,475 EUR per week
Estimated Hourly Salary: 112 EUR per hour
By working as Procurement Analyst a person can save up to 11,989 USD per month or 143,872 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Procurement Analyst
France is 57,282 USD
Italy is 47,246 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Embroiderer (92,133 EUR per year, pre-tax.)
Asic design engineer (387,136 EUR per year, pre-tax.)
Purchasing director (277,620 EUR per year, pre-tax.)
Calculus teacher (153,287 EUR per year, pre-tax.)
Pharmacy technician (82,772 EUR per year, pre-tax.)
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