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Average Treasury Analyst Salary in Philippines for 2026

A treasury analyst in Philippines earns about 610,100 PHP a year. That's 14% above the national average of 535,800 PHP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Philippines sit around 281,500 PHP a year, while the very top stretches to 971,200 PHP. Everything on this page is in Philippine peso (PHP, symbol ₱), 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 Philippines, 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 Philippines?

Average salary
610,100 PHP
50,841 PHP per month
Lowest reported
281,500 PHP
23,458 PHP per month
Highest reported
971,200 PHP
80,933 PHP per month

A typical treasury analyst working in Philippines brings home around 50,841 PHP a month before tax. Entry-level pay starts near 281,500 PHP, and the top of the ladder reaches roughly 971,200 PHP 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 Philippines

A good way to think about salary in Philippines is to look at the distribution rather than the headline average. Half of all treasury analysts in Philippines earn less than 659,200 PHP 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 424,300 PHP (the 25th percentile), and a quarter clear 883,500 PHP (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 281,500 PHP. The highest stretch to 971,200 PHP, 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.

281,500
Low
659,200
Median
971,200
High
424,300
25th
883,500
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in PHP

Treasury analyst pay by experience in Philippines

Years of experience is the single biggest lever on pay for a treasury analyst in Philippines, 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
    317,700 PHP
  • 2-5 Years
    +34% from previous
    425,100 PHP
  • 5-10 Years
    +48% from previous
    629,800 PHP
  • 10-15 Years
    +22% from previous
    767,500 PHP
  • 15-20 Years
    +9% from previous
    839,500 PHP
  • 20+ Years
    +8% from previous
    906,500 PHP

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 Philippines

Education sits alongside experience as one of the biggest factors driving treasury analyst pay in Philippines. 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 Philippines broken down by the highest level of education a worker has completed.

  • High School
    392,300 PHP
  • Certificate or Diploma
    +17% from previous
    460,500 PHP
  • Bachelor's Degree
    +45% from previous
    669,100 PHP
  • Master's Degree
    +31% from previous
    874,900 PHP

Treasury analyst gender pay gap in Philippines

The gender pay gap is a stubborn feature of almost every labour market, and Philippines is no exception. Male treasury analysts in Philippines earn an average of 652,200 PHP a year, while female treasury analysts earn around 568,500 PHP. That works out to a 15% 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

13%

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

Men 652,200 PHP
Women 568,500 PHP

Pay raises for a treasury analyst in Philippines

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 Philippines sees a raise of about 11% every 18 months, which works out to roughly 7% 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 Philippines, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Philippines:

  • 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 Philippines

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.

58%

58% of treasury analysts in Philippines reported a bonus of some kind in the past twelve months. That makes a treasury analyst a moderate-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 42% of treasury analysts reported no bonus at all over the same period.

Which careers pay bonuses in Philippines

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 Philippines is about 12% 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

10%

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

Public sector 563,300 PHP
Private sector 504,300 PHP

Treasury analyst salary by city in Philippines

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

  • Quezon City
  • Manila
  • Davao
  • Kalookan
  • Taguig
  • Cebu
  • Antipolo
  • Cagayan de Oro
  • Pasig
  • Paranaque
LocationTypeAverageMedianRange
Quezon CityCity701,400 PHP674,100 PHP363,000-1,074,600 PHP
ManilaCity693,100 PHP747,400 PHP317,700-1,102,900 PHP
DavaoCity692,500 PHP745,000 PHP318,800-1,099,800 PHP
KalookanCity674,100 PHP687,100 PHP330,700-1,048,100 PHP
TaguigCity667,400 PHP719,100 PHP307,400-1,058,300 PHP
CebuCity664,500 PHP639,100 PHP344,600-1,014,700 PHP
AntipoloCity648,200 PHP659,200 PHP315,900-1,009,600 PHP
Cagayan de OroCity639,900 PHP691,200 PHP294,300-1,014,700 PHP
PasigCity639,100 PHP615,000 PHP332,500-976,300 PHP
ParanaqueCity629,800 PHP643,400 PHP309,800-983,700 PHP
Las PinasCity607,400 PHP583,000 PHP315,900-931,900 PHP
ValenzuelaCity607,400 PHP620,300 PHP299,500-948,300 PHP
MakatiCity597,800 PHP648,200 PHP273,000-953,300 PHP
DasmarinasCity575,100 PHP552,400 PHP297,000-879,700 PHP

Treasury Analyst in Philippines: FAQs

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

    A treasury analyst in Philippines earns about 50,841 PHP a month before tax, based on an annual average of 610,100 PHP.

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

    Entry-level treasury analysts in Philippines start near 281,500 PHP. Top-end pay reaches around 971,200 PHP. The middle 50% of earners sit between 424,300 and 883,500 PHP.

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

    The median is 659,200 PHP, higher than the average of 610,100 PHP. Half of treasury analysts in Philippines earn below the median, half earn above it.

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

    Men working as a treasury analyst in Philippines earn around 15% more than women on average (652,200 vs 568,500 PHP a year).

  • Do treasury analysts in Philippines get bonuses?

    About 58% of treasury analysts in Philippines 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 Philippines?

    In Philippines, the public sector pays a treasury analyst about 12% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

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

    A treasury analyst in Philippines sees a raise of around 11% every 18 months, equivalent to roughly 7% a year.