Business Analyst Average Salary in Spain 2024
How much money does a person working as Business Analyst make in Spain?
LOW
1,740
EUR AVERAGE
3,620
EUR HIGH
5,680
EUR
A person working as Business Analyst in Spain typically earns around 3,620 EUR. Salaries range from 1,740 EUR (lowest) to 5,680 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Business Analyst salaries in Spain vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Business Analyst Pay Scale and Salaries in Spain
Salary Structure and Pay Scale Comparison
3,380 EUR or more
2,980 to 3,380 EUR
2,090 EUR or less
2,090 to 2,980 EUR
 1,740 EUR |
3,400 EUR |
5,680 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Business Analyst in Spain range from 1,740 EUR (starting salary) to 5,680 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 3,400 EUR, half of the professionals who work as Business Analyst in Spain earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Business Analyst in Spain earn less than 2,770 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,900 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Business Analyst in Spain compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,090 EUR to 2,980 EUR. About 20% of salaries are below the 2,090 EUR mark, while 10% fall within the range of 2,980 EUR to 3,380 EUR. Only 5% of individuals have salaries exceeding 3,380 EUR.
Salary Comparison by Years of Experience / Business Analyst / Spain
How do experience and age affect pay?
| 0 - 2 Years | 2,030 EUR | |
| 2 - 5 Years | +42% | 2,880 EUR |
| 5 - 10 Years | +31% | 3,790 EUR |
| 10 - 15 Years | +23% | 4,660 EUR |
| 15 - 20 Years | +6% | 4,950 EUR |
| 20+ Years | +10% | 5,430 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Business Analyst and this is what we found.
Employees with less than two years of experience earn approximately 2,030 EUR.
While someone with an experience level between two and five years is expected to earn 2,880 EUR, 42% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,790 EUR, 31% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 4,660 EUR, 23% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 4,950 EUR, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 5,430 EUR, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Business Analyst / Spain
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Business Analyst.
| High School | 2,530 EUR | |
| Certificate or Diploma | +16% | 2,920 EUR |
| Bachelor's Degree | +46% | 4,260 EUR |
| Master's Degree | +23% | 5,250 EUR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Business Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 2,530 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 2,920 EUR, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 4,260 EUR, 46% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 5,250 EUR, 23% more than the previous level.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Spain costs anywhere from 13,600 EUR to 40,900 EUR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Business Analyst / Spain
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Business Analyst in Spain, the average difference between the salary of male and female employees is 5%.
| Male | 3,710 EUR | |
| Female | -4% | 3,540 EUR |
Salary Comparison By Gender in Spain for all Careers
Average Annual Salary Increment Percentage / Business Analyst / Spain
How much are annual salary increments in Spain for individuals working as Business Analyst? How often do employees get salary raises?
Individuals working as Business Analyst in Spain are likely to observe a salary increase of approximately 13% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 17 months.
Spain / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Business Analyst / Spain
How much and how often are bonuses being awarded?
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17% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 83% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 83% | |
| No Bonus | 17% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Business Analyst / Spain
21 EUR per hourThe average hourly wage (pay per hour) for individuals working as Business Analyst in Spain is 21 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Business Analyst in Spain is 10 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Business Planning |  -100% | |
| Agile Coach | 3,320 EUR | -8% |
| Assistant Business Development Manager | 3,530 EUR | -2% |
| Assistant Merchandise Planner | 2,170 EUR | -40% |
| Business Advisor | 3,650 EUR |  +1% |
| Business Analyst | 3,620 EUR | +0% |
| Business Consultant | 3,540 EUR | -2% |
| Business Continuity Associate | 2,200 EUR | -39% |
| Business Developer | 2,220 EUR | -39% |
| Business Development Analyst | 2,450 EUR | -32% |
| Business Development Associate | 1,960 EUR | -46% |
| Business Development Coordinator | 1,950 EUR | -46% |
| Business Development Director | 4,580 EUR | +27% |
| Business Development Engineer | 2,650 EUR | -27% |
| Business Development Executive | 3,410 EUR | -6% |
| Business Development Manager | 4,320 EUR | +19% |
| Business Development Specialist | 3,230 EUR | -11% |
| Business Manager | 3,870 EUR | +7% |
| Business Operations Specialist | 3,210 EUR | -11% |
| Business Process Writer | 2,100 EUR | -42% |
| Business Systems Analyst | 3,590 EUR | -1% |
| Capacity Planner | 2,370 EUR | -35% |
| Capacity Planning Supervisor | 3,110 EUR | -14% |
| Change Communications Analyst | 3,050 EUR | -16% |
| Change Control Analyst | 3,120 EUR | -14% |
| Change Impact Analyst | 3,160 EUR | -13% |
| Chief Automation Officer | 4,100 EUR | +13% |
| Chief Innovation Officer | 4,600 EUR | +27% |
| Contracts Executive | 3,520 EUR | -3% |
| Corporate Strategy Analyst | 3,400 EUR | -6% |
| Cost Control Engineer | 2,330 EUR | -36% |
| Cost Controller | 2,620 EUR | -28% |
| Cost Estimator | 2,300 EUR | -36% |
| Crisis Management Specialist | 3,760 EUR | +4% |
| Data Executive | 1,980 EUR | -45% |
| Data Manager | 2,620 EUR | -28% |
| Data Processing Manager | 2,980 EUR | -18% |
| Development Researcher | 2,640 EUR | -27% |
| Digital Strategist | 3,600 EUR | -1% |
| Digital Transformation Manager | 3,430 EUR | -5% |
| Director of Business Development | 4,820 EUR | +33% |
| Director of Production Planning | 4,160 EUR | +15% |
| Drop Shipping Consultant | 2,890 EUR | -20% |
| Due Diligence Analyst | 3,740 EUR | +3% |
| Estimating Manager | 3,560 EUR | -2% |
| General Manager | 3,980 EUR | +10% |
| Growth Hacker | 2,700 EUR | -25% |
| Impact Assessment Specialist | 3,220 EUR | -11% |
| Impact Investing Analyst | 3,230 EUR | -11% |
| Incident Handler | 2,560 EUR | -29% |
| Incident Specialist | 3,100 EUR | -14% |
| Lean Consultant | 2,620 EUR | -28% |
| Manager | 4,670 EUR | +29% |
| Marketing and Business Development Manager | 3,970 EUR | +10% |
| Materials Planner | 1,560 EUR | -57% |
| Merchandise Assistant | 1,580 EUR | -56% |
| Merchandise Controller | 1,580 EUR | -56% |
| Merchandise Planner | 1,560 EUR | -57% |
| Online Consultant | 2,790 EUR | -23% |
| Online Reputation Manager | 2,660 EUR | -26% |
| Operations Analyst | 3,090 EUR | -15% |
| Operations Manager | 3,490 EUR | -4% |
| Operations Research Analyst | 2,260 EUR | -38% |
| Planning and Reporting Manager | 3,840 EUR | +6% |
| Planning Director | 4,290 EUR | +19% |
| Product Designer | 2,690 EUR | -26% |
| Product Manager | 2,810 EUR | -22% |
| Project Administrator | 2,200 EUR | -39% |
| Project Manager | 3,440 EUR | -5% |
| Project Planner | 2,190 EUR | -39% |
| Research Assistant | 1,930 EUR | -47% |
| Research Engineer | 2,270 EUR | -37% |
| Research Officer | 1,780 EUR | -51% |
| Risk Management Specialist | 3,350 EUR | -7% |
| Scholarship Coordinator | 1,900 EUR | -47% |
| Store Planner | 1,740 EUR | -52% |
| Strategy Director | 4,530 EUR | +25% |
| Top Research and Development Executive | 4,870 EUR | +35% |
Salary Comparison By City
| City | Average Salary |
| Barcelona | 3,590 EUR |
| Madrid | 3,920 EUR |
| Palma de Mallorca | 3,480 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Spain is 5% on average across all career fields.
| Private Sector | 2,660 EUR | |
| Public Sector | +5% | 2,780 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Business Analyst in Spain?
A good and competitive compensation would range anywhere between 3,400 EUR and 3,900 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Business Analyst in Spain ranges from 1,740 EUR to 2,770 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
