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Average Treasury Analyst Salary in Mozambique for 2026

A treasury analyst in Mozambique earns about 553,800 MZN a year. That's 15% above the national average of 483,400 MZN.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Mozambique sit around 254,700 MZN a year, while the very top stretches to 879,700 MZN. Everything on this page is in Mozambican metical (MZN, symbol MT), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Mozambique, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a treasury analyst make in Mozambique?

Average salary
553,800 MZN
46,150 MZN per month
Lowest reported
254,700 MZN
21,225 MZN per month
Highest reported
879,700 MZN
73,308 MZN per month

A typical treasury analyst working in Mozambique brings home around 46,150 MZN a month before tax. Entry-level pay starts near 254,700 MZN, and the top of the ladder reaches roughly 879,700 MZN for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior treasury analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.


How treasury analyst pay ranges in Mozambique

A good way to think about salary in Mozambique is to look at the distribution rather than the headline average. Half of all treasury analysts in Mozambique earn less than 596,800 MZN a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 384,200 MZN (the 25th percentile), and a quarter clear 798,900 MZN (the 75th percentile). The middle 50% of treasury analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 254,700 MZN. The highest stretch to 879,700 MZN, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

254,700
Low
596,800
Median
879,700
High
384,200
25th
798,900
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in MZN

Treasury analyst pay by experience in Mozambique

Years of experience is the single biggest lever on pay for a treasury analyst in Mozambique, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical treasury analyst salary changes as you move through the career ladder.

  • 0-2 Years
    290,800 MZN
  • 2-5 Years
    +32% from previous
    384,500 MZN
  • 5-10 Years
    +48% from previous
    568,500 MZN
  • 10-15 Years
    +22% from previous
    695,400 MZN
  • 15-20 Years
    +9% from previous
    757,600 MZN
  • 20+ Years
    +8% from previous
    818,100 MZN

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 48%. That is the point at which a treasury analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Treasury analyst pay by education in Mozambique

Education sits alongside experience as one of the biggest factors driving treasury analyst pay in Mozambique. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average treasury analyst salary in Mozambique broken down by the highest level of education a worker has completed.

  • High School
    353,600 MZN
  • Certificate or Diploma
    +18% from previous
    417,200 MZN
  • Bachelor's Degree
    +45% from previous
    605,700 MZN
  • Master's Degree
    +31% from previous
    790,600 MZN

Treasury analyst gender pay gap in Mozambique

The gender pay gap is a stubborn feature of almost every labour market, and Mozambique is no exception. Male treasury analysts in Mozambique earn an average of 596,800 MZN a year, while female treasury analysts earn around 510,000 MZN. That works out to a 17% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Treasury Analyst gender pay gap

15%

Men earn this much more than women on average in Mozambique.

Men 596,800 MZN
Women 510,000 MZN

Pay raises for a treasury analyst in Mozambique

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Mozambique sees a raise of about 7% every 29 months, which works out to roughly 3% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Mozambique, the national average raise is around 4% every 29 months.

By industry

Industries with the highest pay raises in Mozambique:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Treasury analyst bonus rates in Mozambique

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

42%

42% of treasury analysts in Mozambique reported a bonus of some kind in the past twelve months. That makes a treasury analyst a low-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 58% of treasury analysts reported no bonus at all over the same period.

Which careers pay bonuses in Mozambique

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Treasury analyst: public vs private sector pay

Public-sector pay in Mozambique is about 14% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

12%

Public-sector workers earn this much more than private-sector workers in Mozambique on average.

Public sector 522,700 MZN
Private sector 459,700 MZN

Treasury analyst salary by city in Mozambique

Treasury analyst pay is not even across Mozambique. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Maputo
  • Matola
  • Beira
  • Nampula
LocationTypeAverageMedianRange
MaputoCity610,100 MZN659,200 MZN281,500-971,200 MZN
MatolaCity589,400 MZN565,100 MZN308,900-903,500 MZN
BeiraCity566,900 MZN578,500 MZN277,400-884,700 MZN
NampulaCity502,200 MZN539,700 MZN231,000-798,900 MZN


Treasury Analyst in Mozambique: FAQs

  • How much does a treasury analyst make per month in Mozambique?

    A treasury analyst in Mozambique earns about 46,150 MZN a month before tax, based on an annual average of 553,800 MZN.

  • What's the salary range for a treasury analyst in Mozambique?

    Entry-level treasury analysts in Mozambique start near 254,700 MZN. Top-end pay reaches around 879,700 MZN. The middle 50% of earners sit between 384,200 and 798,900 MZN.

  • Is the median treasury analyst salary in Mozambique higher or lower than the average?

    The median is 596,800 MZN, higher than the average of 553,800 MZN. Half of treasury analysts in Mozambique earn below the median, half earn above it.

  • What's the gender pay gap for treasury analysts in Mozambique?

    Men working as a treasury analyst in Mozambique earn around 17% more than women on average (596,800 vs 510,000 MZN a year).

  • Do treasury analysts in Mozambique get bonuses?

    About 42% of treasury analysts in Mozambique reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do treasury analysts earn more in the public or private sector in Mozambique?

    In Mozambique, the public sector pays a treasury analyst about 14% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do treasury analysts in Mozambique get a pay raise?

    A treasury analyst in Mozambique sees a raise of around 7% every 29 months, equivalent to roughly 3% a year.