Average Statistical Analyst Salary in Cape Verde for 2024

In this article, we will look at the average Statistical Analyst salary for 2024 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 Statistical Analyst Make in Cape Verde?

A Statistical Analyst working in Cape Verde will typically earn around 2,327,100 CVE per year, and this can range from the lowest average salary of about 1,074,600 CVE to the highest average salary of 3,706,100 CVE.

Average Annual Salary
2,327,100 CVE
Average Monthly Salary
193,925 CVE

Lowest Annual Salary
1,074,600 CVE
Lowest Monthly Salary
89,550 CVE

Highest Annual Salary
3,706,100 CVE
Highest Monthly Salary
308,841 CVE

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

Statistical 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 Statistical Analyst Salaries in Cape Verde

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

Salary ranges

We already know that a Statistical Analyst can earn between 1,074,600 CVE and 3,706,100 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 Statistical Analyst in Cape Verde is 2,519,500 CVE. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 2,519,500 CVE, and 50% of the population earn more than 2,519,500 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 Statistical Analyst salary in Cape Verde, 25% of the population are earning less than 1,621,400 CVE while 75% of the population earn more than 1,621,400 CVE.

75% of the population earn less than 3,359,900 CVE, and 25% of the population earn more than 3,359,900 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.

Statistical 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 statistical 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 Statistical Analyst in Cape Verde that has less than two years of experience can expect to earn somewhere in the region of 1,224,800 CVE.
  • 2 - 5 Years Experience. With two to five years of experience the average Statistical Analyst salary would increase to 1,632,100 CVE.
  • 5 - 10 Years Experience. From five to ten years of experience as a Statistical Analyst, the average salary would be 2,401,300 CVE.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,928,100 CVE.
  • 15 - 20 Years Experience. A Statistical Analyst with 15 to 20 years of experience can earn an average of 3,192,300 CVE.
  • 20+ Years Experience. For a Statistical Analyst with more than 20 years, the expected average salary increases to 3,455,900 CVE.

Average Salary by Experience Chart

0-2 Years
1,224,800 CVE
2-5 Years +34%
1,632,100 CVE
5-10 Years +48%
2,401,300 CVE
10-15 Years +22%
2,928,100 CVE
15-20 Years +9%
3,192,300 CVE
20+ Years +8%
3,455,900 CVE

Statistical 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 Statistical 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.

  • Bachelor's Degree. A Statistical Analyst in Cape Verde with a bachelor's degree education can earn an average salary of 1,391,600 CVE.

  • Master's Degree. A Statistical Analyst in Cape Verde with a master's degree education can earn an average salary of 2,184,900 CVE.

  • PhD. A Statistical Analyst in Cape Verde with a phd education can earn an average salary of 3,659,400 CVE.

Average Salary by Education Chart

Bachelor's Degree
1,391,600 CVE
Master's Degree +57%
2,184,900 CVE
PhD +68%
3,659,400 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.

Statistical 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 statistical analyst will earn an average of 2,508,300 CVE, while a female statistical analyst will earn around 2,161,200 CVE.

This means that a male statistical analyst earns approximately 16% more than a female statistical analyst for performing the same job.

Average Salary by Gender Chart in Cape Verde

Male
2,508,300 CVE
Female -16%
2,161,200 CVE

Statistical 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 Statistical Analyst in Cape Verde is around 7% every 29 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 = ( 7 ÷ 29 ) × 12  = 3%

What this means is that a Statistical Analyst in Cape Verde can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cape Verde for 2024

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%

Statistical 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 Statistical Analyst is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% 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 2% to 7%.

Received Bonus
41%
No Bonus
59%

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 Statistical Analyst

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

Job Title Category Salary
3D Lab Technologist Science and Technical Services 2,314,800 CVE
Algorithm Developer Science and Technical Services 3,192,300 CVE
Analytical Chemist Science and Technical Services 4,690,500 CVE
Anthropologist Science and Technical Services 3,503,800 CVE
Archeologist Science and Technical Services 2,953,200 CVE
Assistant Breeder Science and Technical Services 1,621,400 CVE
Astronomer Science and Technical Services 5,388,100 CVE
Atmospheric and Space Scientist Science and Technical Services 4,332,900 CVE
Behavior Analyst Science and Technical Services 2,928,100 CVE
Behavior Intervention Specialist Science and Technical Services 3,359,900 CVE
Behavior Specialist Science and Technical Services 3,253,900 CVE
Biochemist Science and Technical Services 5,136,500 CVE
Biofuels Processing Technician Science and Technical Services 2,026,800 CVE
Biofuels Production Manager Science and Technical Services 3,733,300 CVE
Biologist Science and Technical Services 4,919,600 CVE
Biomedical Laboratory Officer Science and Technical Services 2,052,200 CVE
Biomedical Scientist Science and Technical Services 5,099,700 CVE
Biophysicist Science and Technical Services 5,399,900 CVE
Chemical Engineer Science and Technical Services 2,508,300 CVE
Chemical Technologist Science and Technical Services 2,339,200 CVE
Chemist Science and Technical Services 4,810,800 CVE
Chief Technologist Science and Technical Services 4,369,800 CVE
Climate Change Analyst Science and Technical Services 3,359,900 CVE
Clinical Laboratory Scientist Science and Technical Services 5,161,100 CVE
Computer Scientist Science and Technical Services 3,984,100 CVE
Conservation Scientist Science and Technical Services 4,102,700 CVE
Data Science Specialist Science and Technical Services 3,108,200 CVE
Data Scientist Science and Technical Services 4,056,200 CVE
DNA Analyst Science and Technical Services 5,088,900 CVE
Ecologist Science and Technical Services 3,769,500 CVE
Economic Development Specialist Science and Technical Services 3,946,200 CVE
Flavourist Science and Technical Services 1,765,300 CVE
Food Scientist Science and Technical Services 3,406,900 CVE
Forensic Scientist Science and Technical Services 4,116,600 CVE
Formulation Technologist Science and Technical Services 2,086,500 CVE
Fraud Investigator Science and Technical Services 2,557,100 CVE
Genomics Scientist Science and Technical Services 5,256,700 CVE
Geographer Science and Technical Services 2,893,600 CVE
Geographic Information Systems Technician Science and Technical Services 1,751,700 CVE
Geological Data Technician Science and Technical Services 1,693,600 CVE
Geological Technician Science and Technical Services 2,065,400 CVE
Geologist Science and Technical Services 4,403,400 CVE
Geomatics Scientist Science and Technical Services 4,201,000 CVE
Geophysical Data Technician Science and Technical Services 1,728,900 CVE
Geospatial Information Scientist and Technologist Science and Technical Services 3,934,900 CVE
Global Technical Lead Science and Technical Services 5,388,100 CVE
Hydrologist Science and Technical Services 3,263,500 CVE
Industrial Ecologist Science and Technical Services 3,469,900 CVE
Intelligence Analyst Science and Technical Services 3,132,800 CVE
Knowledge Management Specialist Science and Technical Services 2,533,800 CVE
Lab Analyst Science and Technical Services 2,161,200 CVE
Lab Manager Science and Technical Services 3,564,300 CVE
Lab Technician Science and Technical Services 1,621,400 CVE
Laboratory Manager Science and Technical Services 3,421,600 CVE
Laboratory Researcher Science and Technical Services 2,327,100 CVE
Laboratory Technician Science and Technical Services 1,570,900 CVE
Life Sciences Analyst Science and Technical Services 3,469,900 CVE
Life Scientist Science and Technical Services 4,056,200 CVE
Marine Architect Science and Technical Services 3,217,900 CVE
Marine Biologist Science and Technical Services 3,635,200 CVE
Marine Superintendent Science and Technical Services 2,207,600 CVE
Materials Analyst Science and Technical Services 2,161,200 CVE
Materials Scientist Science and Technical Services 4,019,900 CVE
Mathematician Science and Technical Services 4,006,500 CVE
Medical Scientist Science and Technical Services 5,518,700 CVE
Metallurgist Science and Technical Services 3,553,500 CVE
Meteorologist Science and Technical Services 3,696,900 CVE
Microbiologist Science and Technical Services 5,651,400 CVE
Natural Language Processing Researcher Science and Technical Services 3,108,200 CVE
Natural Resource Specialist Science and Technical Services 2,941,000 CVE
Natural Resources Analyst Science and Technical Services 3,312,100 CVE
Natural Sciences Manager Science and Technical Services 4,822,700 CVE
Nuclear Engineer Science and Technical Services 5,434,400 CVE
Physical Scientist Science and Technical Services 4,162,800 CVE
Physicist Science and Technical Services 5,172,800 CVE
Political Scientist Science and Technical Services 4,043,600 CVE
Polygraph Examiner Science and Technical Services 1,345,400 CVE
Polysomnographic Technologist Science and Technical Services 2,389,200 CVE
Product Development Scientist Science and Technical Services 4,309,300 CVE
Quantitative Research Analyst Science and Technical Services 3,323,300 CVE
Quantitative Researcher Science and Technical Services 3,455,900 CVE
Radiation Protection Specialist Science and Technical Services 2,914,600 CVE
Refrigeration Technician Science and Technical Services 1,212,800 CVE
Research Scientist Science and Technical Services 3,539,100 CVE
Risk Safety Engineer Science and Technical Services 2,230,100 CVE
Scientific Photographer Science and Technical Services 2,161,200 CVE
Scientific Programmer Science and Technical Services 3,192,300 CVE
Scientist Science and Technical Services 3,733,300 CVE
Service Engineer Science and Technical Services 2,389,200 CVE
Service Technician Science and Technical Services 1,560,800 CVE
Social Science Research Assistant Science and Technical Services 2,146,100 CVE
Social Scientist Science and Technical Services 4,129,300 CVE
Sociologist Science and Technical Services 3,745,100 CVE
Soil Scientist Science and Technical Services 3,277,900 CVE
Statistical Assistant Science and Technical Services 1,594,500 CVE
Statistician Science and Technical Services 3,432,600 CVE
Survey Analyst Science and Technical Services 2,207,600 CVE
Survey Researcher Science and Technical Services 2,136,200 CVE
Surveying and Mapping Technician Science and Technical Services 1,369,700 CVE
Team Leader Science and Technical Services 3,061,300 CVE
Technical Manager Science and Technical Services 3,469,900 CVE
Technical Officer Science and Technical Services 1,583,700 CVE
Technical Service Director Science and Technical Services 4,618,200 CVE
Technical Services Regulatory Affairs Specialist Science and Technical Services 2,242,500 CVE
Technical Services Research and Development Manager Science and Technical Services 5,579,400 CVE
Technical Services Research Associate Science and Technical Services 2,557,100 CVE
Technical Services Research Coordinator Science and Technical Services 2,593,900 CVE
Technician Science and Technical Services 1,487,200 CVE
Water Ecologist Science and Technical Services 4,499,000 CVE
Wildlife Biologist Science and Technical Services 3,539,100 CVE

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