5 Highest Paying Countries for Business Analysts

3. Luxembourg

Average Salary: $116,101

Luxembourg pays high salaries to business analysts due to its status as a financial hub, hosting institutions like PwC, Deloitte, and KPMG. The city’s prominence in the banking and investment sectors, coupled with its favourable tax laws, attracts multinational corporations seeking financial expertise. Additionally, Luxembourg’s proximity to major European cities like Frankfurt and Brussels fosters a competitive job market. Graduates from renowned universities such as the University of Luxembourg and Luxembourg School of Business are in high demand, driving up salaries for skilled professionals. The country’s robust economy and emphasis on innovation further contribute to lucrative opportunities for business analysts.