Average Business Analyst Salary in Cape Verde for 2026

In this article, we will look at the average Business Analyst salary for 2026 in Cape Verde and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Cape Verdean escudo. To keep things simple, we are using the CVE currency code instead of the currency symbol Esc.

How Much Does a Business Analyst Make in Cape Verde?

A Business Analyst working in Cape Verde will typically earn around 2,941,000 CVE per year, and this can range from the lowest average salary of about 1,440,700 CVE to the highest average salary of 4,585,100 CVE.

Average Annual Salary2,941,000 CVE
Average Monthly Salary245,083 CVE
Average Lowest Salary1,440,700 CVE
Lowest Monthly Salary120,058 CVE
Average Highest Salary4,585,100 CVE
Highest Monthly Salary382,091 CVE

These are average salaries for a Business Analyst in Cape Verde and include benefits such as housing and transport. It's also possible for a Business Analyst to earn more or less than the average salaries shown above.

Business Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Analyst Salaries in Cape Verde

So we've looked at the average salaries a Business Analyst will earn in Cape Verde. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Analyst can earn between 1,440,700 CVE and 4,585,100 CVE on average in Cape Verde. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Analyst in Cape Verde is 2,987,000 CVE. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,987,000 CVE, and 50% of the population earn more than 2,987,000 CVE.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Analyst salary in Cape Verde, 25% of the population are earning less than 1,990,300 CVE while 75% of the population earn more than 1,990,300 CVE.

75% of the population earn less than 3,863,700 CVE, and 25% of the population earn more than 3,863,700 CVE.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Analyst Salary by Experience Level in Cape Verde

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Business Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Analyst in Cape Verde that has less than two years of experience can expect to earn somewhere in the region of 1,703,200 CVE.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Analyst salary would increase to 2,197,700 CVE.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Analyst, the average salary would be 3,023,200 CVE.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 3,745,100 CVE.
  • 15 - 20 Years Experience. A Business Analyst with 15 to 20 years of experience can earn an average of 4,006,500 CVE.
  • 20+ Years Experience. For a Business Analyst with more than 20 years, the expected average salary increases to 4,282,500 CVE.

Average Salary by Experience Chart

0-2 Years-
1,703,200 CVE
2-5 Years+29%
2,197,700 CVE
5-10 Years+38%
3,023,200 CVE
10-15 Years+24%
3,745,100 CVE
15-20 Years+7%
4,006,500 CVE
20+ Years+7%
4,282,500 CVE

Business Analyst Salary by Education Level in Cape Verde

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Analyst in Cape Verde based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Analyst in Cape Verde with a high school education can earn an average salary of 2,124,400 CVE.
  • Certificate or Diploma. A Business Analyst in Cape Verde with a certificate or diploma education can earn an average salary of 2,447,200 CVE.
  • Bachelor's Degree. A Business Analyst in Cape Verde with a bachelor's degree education can earn an average salary of 3,288,400 CVE.
  • Master's Degree. A Business Analyst in Cape Verde with a master's degree education can earn an average salary of 4,140,900 CVE.

Average Salary by Education Chart

High School-
2,124,400 CVE
Certificate or Diploma+15%
2,447,200 CVE
Bachelor's Degree+35%
3,288,400 CVE
Master's Degree+26%
4,140,900 CVE

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Cape Verde is around 1,020,000 to 3,060,000 CVE and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Cape Verde, a male business analyst will earn an average of 3,047,800 CVE, while a female business analyst will earn around 2,773,700 CVE.

This means that a male business analyst earns approximately 10% more than a female business analyst for performing the same job.

Average Salary by Gender Chart in Cape Verde

Male-
3,047,800 CVE
Female-10%
2,773,700 CVE

Business Analyst Average Pay Raise in Cape Verde

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Analyst in Cape Verde is around 9% every 28 months.

The national average pay raise across all professions and industries in Cape Verde is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 28 ) × 12  = 4%

What this means is that a Business Analyst in Cape Verde can expect to receive an average pay raise of around 4% every 12 months.

Annual Pay Raise by Industry in Cape Verde for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Cape Verde.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
3%
Energy-
6%
Information Technology-
9%
Healthcare-
3%
Travel-
6%
Construction-
9%
Education-
3%

Business Analyst Bonus and Incentive Rates in Cape Verde

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Analyst is a moderate bonus based job, with 64% of employees reporting at least one bonus in the last 12 months.

36% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus-
64%
No Bonus-
36%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Cape Verde earn approximately 14% more than private sector employees in the same role.

Public Sector-
2,653,700 CVE
Private Sector-14%
2,327,100 CVE

Salaries for Jobs Similar to a Business Analyst

In the table below, we have salary information for jobs that are similar to a Business Analyst in Cape Verde.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning3,205,100 CVE
Assistant Merchandise PlannerBusiness Planning1,930,500 CVE
Business AdvisorBusiness Planning3,156,400 CVE
Business ConsultantBusiness Planning2,976,900 CVE
Business Continuity AssociateBusiness Planning1,765,300 CVE
Business DeveloperBusiness Planning1,942,700 CVE
Business Development AnalystBusiness Planning2,184,900 CVE
Business Development AssociateBusiness Planning1,632,100 CVE
Business Development CoordinatorBusiness Planning1,645,600 CVE
Business Development DirectorBusiness Planning4,429,300 CVE
Business Development EngineerBusiness Planning2,314,800 CVE
Business Development ExecutiveBusiness Planning3,156,400 CVE
Business Development ManagerBusiness Planning3,718,600 CVE
Business Development SpecialistBusiness Planning2,868,600 CVE
Business ManagerBusiness Planning3,395,900 CVE
Business Operations SpecialistBusiness Planning2,893,600 CVE
Business Process WriterBusiness Planning1,693,600 CVE
Business Systems AnalystBusiness Planning3,192,300 CVE
Capacity PlannerBusiness Planning2,086,500 CVE
Capacity Planning SupervisorBusiness Planning2,902,500 CVE
Change Communications AnalystBusiness Planning2,914,600 CVE
Change Control AnalystBusiness Planning2,794,600 CVE
Change Impact AnalystBusiness Planning2,941,000 CVE
Contracts ExecutiveBusiness Planning3,061,300 CVE
Corporate Strategy AnalystBusiness Planning3,035,200 CVE
Cost Control EngineerBusiness Planning2,015,600 CVE
Cost ControllerBusiness Planning2,146,100 CVE
Cost EstimatorBusiness Planning2,003,200 CVE
Data ExecutiveBusiness Planning1,632,100 CVE
Data ManagerBusiness Planning2,281,800 CVE
Data Processing ManagerBusiness Planning2,698,900 CVE
Development ResearcherBusiness Planning2,230,100 CVE
Director of Business DevelopmentBusiness Planning4,211,600 CVE
Director of Production PlanningBusiness Planning3,601,500 CVE
Due Diligence AnalystBusiness Planning3,349,100 CVE
Estimating ManagerBusiness Planning3,132,800 CVE
General ManagerBusiness Planning3,706,100 CVE
Incident HandlerBusiness Planning2,100,900 CVE
Incident SpecialistBusiness Planning2,676,200 CVE
Lean ConsultantBusiness Planning2,184,900 CVE
ManagerBusiness Planning4,019,900 CVE
Marketing and Business Development ManagerBusiness Planning3,610,800 CVE
Materials PlannerBusiness Planning1,320,500 CVE
Merchandise AssistantBusiness Planning1,333,900 CVE
Merchandise ControllerBusiness Planning1,259,300 CVE
Merchandise PlannerBusiness Planning1,369,700 CVE
Operations AnalystBusiness Planning2,878,300 CVE
Operations ManagerBusiness Planning3,288,400 CVE
Operations Research AnalystBusiness Planning1,858,200 CVE
Planning DirectorBusiness Planning3,850,500 CVE
Planning and Reporting ManagerBusiness Planning3,395,900 CVE
Project AdministratorBusiness Planning1,967,000 CVE
Project ManagerBusiness Planning3,168,300 CVE
Project PlannerBusiness Planning2,015,600 CVE
Research AssistantBusiness Planning1,645,600 CVE
Research EngineerBusiness Planning1,980,600 CVE
Research OfficerBusiness Planning1,510,400 CVE
Risk Management SpecialistBusiness Planning2,987,000 CVE
Scholarship CoordinatorBusiness Planning1,464,200 CVE
Store PlannerBusiness Planning1,500,800 CVE
Strategy DirectorBusiness Planning4,260,400 CVE
Top Research and Development ExecutiveBusiness Planning4,309,300 CVE

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