Data Analytics has rapidly evolved into a cornerstone of modern business and technology, sparking interest among professionals and students alike. As companies continue to navigate the vast seas of data for actionable insights, the demand for skilled data analysts has surged.
This burgeoning field is as diverse as it is dynamic, with roles spanning across various industries and sectors. Consequently, salaries in Data Analytics can vary significantly, influenced by factors such as the analyst’s specific role, the industry, and geographical location. This variability underscores the interdisciplinary nature of data analytics, where expertise in different domains can significantly impact earning potential.
What Is The Average Data Analytics Salary In 2024?
As with all other lines of work, salaries in the field of data analytics vary greatly depending on geographical location. We have aggregated the available data from Glassdoor.com, PayScale,com, and SalaryExpert.com to determine the average salaries for data analysts around the globe in 2024, and these are the results:
| COUNTRY | AVG YEARLY SALARY |
| USA | $85,000 |
| Germany | €66,000 |
| UK | £37,000 |
| India | ₹584,000 |
| UAE | 12,000 AED |
While the figures above represent the national average, bear in mind that salaries for data analytics are also affected by various other factors, including experience and industry. We will now break down these averages into more detailed figures, based on the variables that will push them upwards or downwards.
What Is The Data Analytics Salary For Entry-Level And Experienced Data Analysts?
Data analytics requires an in-depth understanding of some very specific tech tools, meaning there is usually a fairly wide divide between the skills of a beginner data analyst and those of an expert in the field.
This divide is reflected in the salaries, which can vary greatly depending on one’s level of experience. Let’s reconsider the above list of countries and their average pay, but this time let’s also break that down by experience levels.
Average Data Analytics Salary in Germany (Yearly):
| Entry-level | €53,500 |
| 1-5 years of experience | €71,000 |
| Senior | €79,000 |
Average Data Analytics Salary in the USA (Yearly):
| Entry-level | $67,000 |
| 1-5 years of experience | $88,000 |
| Senior | $123,000 |
Average Data Analytics Salary in the UK (Yearly):
| Entry-level | £35,000 |
| 1-5 years of experience | £45,000 |
| Senior | £54,000 |
Average Data Analytics Salary in India (Yearly):
| Entry-level | ₹435,000 |
| 1-5 years of experience | ₹727,000 |
| Senior | ₹1,683,000 |
Average Data Analytics Salary in the UAE (Yearly):
| Entry-level | 8,000 AED |
| 1-5 years of experience | 12,000 AED |
| Senior | 18,000 AED |
These figures illustrate the growth potential within the field of data analytics, emphasizing the importance of experience in enhancing one’s earning capacity.
What Is The Data Analytics Salary In Different Industries?
Perhaps the most significant problem about trying to define the average salary for data analytics is that the field is highly interdisciplinary. Someone who is trained as a data analyst may very well take up a different job title depending on the industry they’re working in, even while using fundamentally the same skills.
For this reason, we will now consider the average salaries for other job titles that exist in some form of relation with data analytics. Some of these involve the same skills, others (such as data scientist or data engineer) are a bit more advanced, but it is not uncommon for the career of a data analyst to shift in that direction as they acquire more skills.
Business Analyst Average Yearly Salary by Country:
| Germany | €58,000 |
| USA | $94,000 |
| UK | £43,000 |
| India | ₹800,000 |
| UAE | 57,000 AED |
Financial Analyst Average Yearly Salary by Country:
| Germany | €60,000 |
| USA | $85,000 |
| UK | £40,000 |
| India | ₹650,000 |
| UAE | 38,000 AED |
Database Administrator Average Yearly Salary by Country:
| Germany | €60,000 |
| USA | $114,000 |
| UK | £37,000 |
| India | ₹1,000,000 |
| UAE | 34,000 AED |
Data Engineer Average Yearly Salary by Country:
| Germany | €65,000 |
| USA | $126,000 |
| UK | £49,000 |
| India | ₹1,000,000 |
| UAE | 45,000 AED |
Analytics Manager Average Yearly Salary by Country:
| Germany | €83,000 |
| USA | $160,000 |
| UK | £61,000 |
| India | ₹2,000,000 |
| UAE | 31,000 AED |
Data Scientist Average Yearly Salary by Country:
| Germany | €68,000 |
| USA | $157,000 |
| UK | £50,000 |
| India | ₹1,000,000 |
| UAE | 99,000 AED |
Data Architect Average Yearly Salary by Country:
| Germany | €71,000 |
| USA | $166,000 |
| UK | £69.5,000 |
| India | ₹2,000,000 |
| UAE | 22,000 AED |
These figures underscore the versatility and lucrative nature of careers in data analytics and its related fields, highlighting the varying financial rewards across different industries and locations.
How Can I Increase My Salary In Data Analytics?
Elevating your salary within the data analytics domain involves strategic career moves and continuous learning. Here are three key strategies to consider:
- Job Rotation
Avoid staying in the same role for too long. There are exceptions to this rule, naturally, but in general it’s better not to stay in the same place longer than three years, particularly early on in your career. Exploring new positions can expose you to different aspects of data analytics and increase your value to employers.
- Specialisation
Delve deeper into a specific tool or discipline within data analytics. At its highest levels, analytics can get remarkably complex, meaning that someone who is a master with a particular toolset suffers very little competition – and can therefore command a higher salary.
- Certification
The world of data in general, more so even than most other fields in tech, is one that recognises certifications. However, don’t make the mistake of going for just any certificate you can find. You will need to research your data specialty and find the best official document for it. You might want to start from our Data Science Certificates: The Ultimate 2024 Guide.
Implementing these strategies can significantly influence your career trajectory and financial outcomes in the dynamic field of data analytics.
Flying On Data
Data analytics is often misunderstood as a single, indivisible job title. While it’s certainly possible to work as a “pure” data analyst, it’s important to understand that the title describes not just a job, but also a skill-set.
At the cost of stating the obvious, what matters in the professional world is not what skills you have, but how you use them. This is reflected in the considerable variability of salaries in the industry: an entry-level analyst in Germany may earn €53,000 yearly, but an experienced Analytics Manager can push that up to €83,000 or more – and the difference between those two positions is sometimes a matter of just a few years.
Make of data analytics not your job title, but your wings. Your career will soar – and your salary along with it.
