Average Business Development Analyst Salary in Sweden for 2024

In this article, we will look at the average Business Development Analyst salary for 2024 in Sweden 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 Swedish krona. To keep things simple, we are using the SEK currency code instead of the currency symbol kr.

How Much Does a Business Development Analyst Make in Sweden?

A Business Development Analyst working in Sweden will typically earn around 483,800 SEK per year, and this can range from the lowest average salary of about 246,200 SEK to the highest average salary of 744,700 SEK.

Average Annual Salary
483,800 SEK
Average Monthly Salary
40,316 SEK

Lowest Annual Salary
246,200 SEK
Lowest Monthly Salary
20,516 SEK

Highest Annual Salary
744,700 SEK
Highest Monthly Salary
62,058 SEK

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

Business Development 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 Development Analyst Salaries in Sweden

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

Salary ranges

We already know that a Business Development Analyst can earn between 246,200 SEK and 744,700 SEK on average in Sweden. 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 Development Analyst in Sweden is 472,100 SEK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 472,100 SEK, and 50% of the population earn more than 472,100 SEK.

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 Development Analyst salary in Sweden, 25% of the population are earning less than 325,800 SEK while 75% of the population earn more than 325,800 SEK.

75% of the population earn less than 595,300 SEK, and 25% of the population earn more than 595,300 SEK.

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 Development Analyst Salary by Experience Level in Sweden

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 development 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 Development Analyst in Sweden that has less than two years of experience can expect to earn somewhere in the region of 275,800 SEK.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Development Analyst salary would increase to 362,200 SEK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Development Analyst, the average salary would be 504,300 SEK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 606,400 SEK.
  • 15 - 20 Years Experience. A Business Development Analyst with 15 to 20 years of experience can earn an average of 659,200 SEK.
  • 20+ Years Experience. For a Business Development Analyst with more than 20 years, the expected average salary increases to 712,100 SEK.

Average Salary by Experience Chart

0-2 Years
275,800 SEK
2-5 Years +31%
362,200 SEK
5-10 Years +40%
504,300 SEK
10-15 Years +20%
606,400 SEK
15-20 Years +9%
659,200 SEK
20+ Years +8%
712,100 SEK

Business Development Analyst Salary by Education Level in Sweden

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 Development Analyst in Sweden 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 Development Analyst in Sweden with a high school education can earn an average salary of 330,900 SEK.

  • Certificate or Diploma. A Business Development Analyst in Sweden with a certificate or diploma education can earn an average salary of 381,800 SEK.

  • Bachelor's Degree. A Business Development Analyst in Sweden with a bachelor's degree education can earn an average salary of 535,800 SEK.

  • Master's Degree. A Business Development Analyst in Sweden with a master's degree education can earn an average salary of 691,200 SEK.

Average Salary by Education Chart

High School
330,900 SEK
Certificate or Diploma +15%
381,800 SEK
Bachelor's Degree +41%
535,800 SEK
Master's Degree +29%
691,200 SEK

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 Sweden is around 226,000 to 677,000 SEK 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 Development 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 Sweden, a male business development analyst will earn an average of 496,100 SEK, while a female business development analyst will earn around 472,100 SEK.

This means that a male business development analyst earns approximately 5% more than a female business development analyst for performing the same job.

Average Salary by Gender Chart in Sweden

Male
496,100 SEK
Female -5%
472,100 SEK

Business Development Analyst Average Pay Raise in Sweden

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 Development Analyst in Sweden is around 12% every 15 months.

The national average pay raise across all professions and industries in Sweden is around 8% every 16 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 = ( 12 ÷ 15 ) × 12  = 10%

What this means is that a Business Development Analyst in Sweden can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Sweden for 2024

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

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

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Business Development Analyst Bonus and Incentive Rates in Sweden

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 Development Analyst is a high bonus based job, with 81% of employees reporting at least one bonus in the last 12 months.

19% 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 6% to 8%.

Received Bonus
81%
No Bonus
19%

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 Sweden earn approximately 5% more than private sector employees in the same role.

Public Sector
553,800 SEK
Private Sector -5%
528,500 SEK

Salaries for Jobs Similar to a Business Development Analyst

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

Job Title Category Salary
Assistant Business Development Manager Business Planning 713,900 SEK
Assistant Merchandise Planner Business Planning 430,000 SEK
Business Advisor Business Planning 721,600 SEK
Business Analyst Business Planning 717,900 SEK
Business Consultant Business Planning 705,500 SEK
Business Continuity Associate Business Planning 433,800 SEK
Business Developer Business Planning 447,700 SEK
Business Development Associate Business Planning 362,200 SEK
Business Development Coordinator Business Planning 385,300 SEK
Business Development Director Business Planning 948,300 SEK
Business Development Engineer Business Planning 533,000 SEK
Business Development Executive Business Planning 705,500 SEK
Business Development Manager Business Planning 875,000 SEK
Business Development Specialist Business Planning 626,800 SEK
Business Manager Business Planning 821,500 SEK
Business Operations Specialist Business Planning 679,200 SEK
Business Process Writer Business Planning 381,800 SEK
Business Systems Analyst Business Planning 699,700 SEK
Capacity Planner Business Planning 464,900 SEK
Capacity Planning Supervisor Business Planning 627,900 SEK
Change Communications Analyst Business Planning 618,800 SEK
Change Control Analyst Business Planning 639,100 SEK
Change Impact Analyst Business Planning 649,700 SEK
Contracts Executive Business Planning 704,300 SEK
Corporate Strategy Analyst Business Planning 721,600 SEK
Cost Control Engineer Business Planning 424,900 SEK
Cost Controller Business Planning 485,300 SEK
Cost Estimator Business Planning 431,300 SEK
Data Executive Business Planning 369,900 SEK
Data Manager Business Planning 519,300 SEK
Data Processing Manager Business Planning 596,800 SEK
Development Researcher Business Planning 510,000 SEK
Director of Business Development Business Planning 996,600 SEK
Director of Production Planning Business Planning 854,300 SEK
Due Diligence Analyst Business Planning 719,100 SEK
Estimating Manager Business Planning 728,500 SEK
General Manager Business Planning 828,400 SEK
Incident Handler Business Planning 498,500 SEK
Incident Specialist Business Planning 615,700 SEK
Lean Consultant Business Planning 504,400 SEK
Manager Business Planning 913,400 SEK
Marketing and Business Development Manager Business Planning 821,500 SEK
Materials Planner Business Planning 299,500 SEK
Merchandise Assistant Business Planning 290,800 SEK
Merchandise Controller Business Planning 294,700 SEK
Merchandise Planner Business Planning 301,800 SEK
Operations Analyst Business Planning 656,800 SEK
Operations Manager Business Planning 735,500 SEK
Operations Research Analyst Business Planning 428,400 SEK
Planning and Reporting Manager Business Planning 735,200 SEK
Planning Director Business Planning 903,500 SEK
Project Administrator Business Planning 437,900 SEK
Project Manager Business Planning 721,600 SEK
Project Planner Business Planning 444,300 SEK
Research Assistant Business Planning 389,200 SEK
Research Engineer Business Planning 451,000 SEK
Research Officer Business Planning 354,000 SEK
Risk Management Specialist Business Planning 628,000 SEK
Scholarship Coordinator Business Planning 354,000 SEK
Store Planner Business Planning 349,300 SEK
Strategy Director Business Planning 978,900 SEK
Top Research and Development Executive Business Planning 1,062,500 SEK

Salary Comparison by City

If you want to compare salaries with different cities in Sweden, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Goteborg 485,300 SEK
Malmo 437,300 SEK
Stockholm 525,700 SEK

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