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Home Singapore Blog Data Science & Analytics Data Analyst Salary in Singapore – Freshers, Experienced, Veterans

Data Analyst Salary in Singapore – Freshers, Experienced, Veterans

jay Vora by jay Vora
March 28, 2024
in Data Science & Analytics
Data Analyst Salary Insights Singapore
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The demand for data analysts in Singapore has been steadily rising over the past few years. With data becoming an invaluable asset for companies across industries, skilled data analysts who can gather key insights from complex data are highly sought-after. 

In this comprehensive guide, we will cover everything you need to know about data analyst salaries in Singapore.

Take your skills to the next level — Explore Data Science Courses

Who is a Data Analyst, and What They Do?

A data analyst is a specialist who collects, processes and performs statistical analysis on large data sets. Their core responsibility is to uncover key insights and trends that can drive business strategy and decisions.  

Data analysts need to be skilled in various areas like statistics, programming, data visualisation, machine learning and critical thinking. 

Some common responsibilities include:

  • Collecting structured and unstructured data from multiple sources 
  • Cleaning, transforming and standardising raw data 
  • Performing statistical analysis and data mining to discover patterns
  • Translating quantitative findings into understandable visuals and reports
  • Identifying areas for process optimisation using data insights 
  • Maintaining large databases and ensuring optimal performance

Also Read: Top 10 Recruitment Agencies in Singapore 2026

Data Analyst Salaries in Singapore – Entry, Mid, and Senior  

The table below enumerates the monthly and yearly salary ranges of Data Analysts in Singapore at different stages of their careers:

Level Monthly Salary Range Yearly Salary Range
Entry (1-3 Years) SGD 4000 – SGD 6000SGD 48,000 – SGD 72,000
Mid-Level (7-9 Years) SGD 5000 – SGD 8000SGD 60,000 – SGD 96,000
Senior (15 Years +) SGD 6667 – SGD 8334 SGD 80,000 – SGD 100,000

Sources: Glassdoor, as of March 31, September 28, and November 5, 2025

Factors Affecting Data Analyst Salaries in Singapore

These are the key factors that determine how much a data analyst earns in Singapore:

Experience Level

Experience plays a major role in deciding data science salaries. The average pay by experience level is:

  • Entry-level (0-5 years): S$45,000 
  • Mid-level (5-10 years): S$72,000
  • Experienced (10-20 years): S$85,000
  • Late-career (20+ years): S$95,000

The more specialised experience you gain over the years working with modern big data and analytics tools, the higher your earning potential.

Also read: How To Become A Data Scientist?

Skills and Certifications

  • Having data analytics certifications in Singapore can significantly impact your salary in this profession by boosting your earning potential, opening doors to specialized roles, and increasing your market value.
  • These certifications can affect you differently at various stages of your career.
  • Having certifications demonstrates that you are disciplined and skilled, which increases your negotiation power and potentially leads to specialized roles.
  • The most significant factors influencing the impact of these certifications are the type of certification, your experience level, the industry in which you work, and the employer for whom you work.

Also Read: Highest Paying Jobs in the Commerce Field for Singapore Graduates

Industry

Salaries vary wildly across industries and companies. According to research, data analysts in these sectors have the highest average salaries in Singapore:

  • Technology – S$88,800
  • Finance and Banking – S$83,500 
  • IT and Software – S$80,000
  • Consulting – S$76,000

Industry-wise Salary Comparison for Data Analysts in Singapore

  • In Singapore, industries such as technology and information technology (IT), healthcare, finance, and electronic commerce (e-commerce) offer the highest salaries to Data Analysts. This is because they require the specialized skills that these professionals offer. 
  • The technology and IT sector is a major driver of demand for data analysts in Singapore. In most cases, a Data Analyst in this industry can earn a high salary if they possess specialized skills such as artificial intelligence (AI), big data analytics, and machine learning.
  • The healthcare sector employs data analysts to analyze data from sources such as electronic health records, aiming to become operationally more efficient and provide patients with better care. 
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Data Analyst Salaries by Job Role in Singapore  

The table below shows the salaries of Data Analysts in Singapore based on their job roles:

Job Role Annual Salary Range 
Marketing Data Analyst SGD 72,000 – SGD 108,000
Data Scientist SGD 72,000 – SGD 108,000
Data Analyst SGD 48,000 – SGD 72,000
Financial Analyst SGD 48,000 – SGD 72,000 
Senior Compliance Officer Assistant ManagerSGD 48,000 – SGD 72,000 
Market Analyst SGD 36,000 – SGD 60,000 
Quality Assurance AnalystSGD 36,000 – SGD 60,000
Data Operations Analyst SGD 36,000 – SGD 60,000
Junior Data Analyst SGD 36,000 – SGD 48,000 

Top Companies Hiring Data Analysts in Singapore

The following are the leading companies hiring data analysts in Singapore in different industries:

1. Finance

  • Development Bank of Singapore (DBS) Bank 
  • Union Bank of Switzerland (UBS) 

2. Consulting and Technology

  • Tata Consultancy Services 
  • EPAM Systems 
  • Shopee 
  • Virtual Human Resources (VHR) Professional Services 

In the government sector, the most prominent recruiter of these professionals is the Government Technology Agency, the arm of the national government that deals exclusively with technology. It hires these professionals to work in areas like HR analytics.

Also read: Top Companies Hiring Data Scientists in Singapore in 2026

How to Increase Your Salary as a Data Analyst  

Here are smart ways to earn higher pay as a data analyst in Singapore:

  • Gain In-demand Tech Skills: Specialise in high-value skills like Python, Tableau, SQL, and AWS through reputable certification programs. These instantly make your profile more attractive. 
  • Pursue Higher Education: Complete a Master’s degree focused on analytics and data science from a recognised local university like NUS or NTU. This signals your advanced expertise to employers.
  • Obtain Prestigious Certifications: Getting professional certifications like CFA, FRM, PRM, CISI or CQF not only validates your knowledge but also qualifies you for senior, high-paying roles.
  • Upgrade Soft Skills: Beyond technical know-how, emphasise cross-functional communication, creative problem solving and executive presentation abilities. These differentiate you. 
  • Develop Industry Expertise: Compile in-depth experience applying analytics specifically in high-growth sectors like finance, software, ecommerce or cybersecurity via multiple job moves. You become a domain expert.
  • Master In-Demand Tools: Gain certified hands-on expertise in leading analytics software platforms. Tools mastery grows your appeal.

Also read: How to Become a Freelance Data Analyst Using Skills from Online Courses

Future of Data Analytics Careers in Singapore Till 2030

Between now and 2030, the future of Data Analytics careers in Singapore appears exceptionally bright, with strong demand, growing salaries, and diverse opportunities across multiple industries.

The following are the key outlook and trends in this scenario:

  • Sustained and High Demand
  • AI Integration
  • Industry-Wide Adoption 
  • Focus on Interdisciplinary Skills and Specialization

The most in-demand data analytics skills in this period would be:

Technical Skills

  • Structured Query Language (SQL) and NoSQL
  • Programming Languages 
  • Cloud Platforms 
  • Business Intelligence (BI) and Data Visualization Tools 
  • AI and Machine Learning 
  • Econometrics and Statistical Analysis 

Soft Skills

  • Business Acumen
  • Storytelling and Communication
  • Critical Thinking and Problem-Solving 
  • Continuous Learning and Adaptability 

Also read: Basics of Data Analytics

The Bottom Line

In today’s highly competitive business landscape, data is the key differentiator. Hence, skilled data analysts who unlock hidden insights are prized assets commanding premium salaries. By developing expertise in next-gen skills like machine learning, honing communication abilities and focusing on high-value domains, talented individuals can maximise their career as well as earning trajectory within the booming data analytics space.

How upGrad Helps You Master Data Analytics from Basics to be Job-Ready 

The online data science and analytics courses offered through upGrad offer students the best skills for data analytics. They help students develop themselves with real-world case studies and projects. They also impart the best training in the various languages and tools used in both machine learning and data science.

  • Master of Science in Data Science, Liverpool John Moores University
  • Executive Diploma in Data Science and AI, IIIT Bangalore
  • Post Graduate Certificate in Data Science & AI (Executive), IIIT Bangalore

Must read articles:

  • Data Analytics Career Growth in Singapore
  • Data Analysis in Singapore: Courses, Techniques, and Tools
  • How to Become a Freelance Data Analyst Using Skills from Online Courses

🎓 Explore Our Top-Rated Courses in Singapore

Take the next step in your career with industry-relevant online courses designed for working professionals in Singapore.

  • DBA Courses in Singapore
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FAQs on Salaries of Data Analysts

What factors influence an analyst’s earning potential in Singapore?

Analyst pay in Singapore is affected by industry, experience level, certifications, job role, and the complexity of responsibilities.

Do analyst roles in Singapore offer performance-based incentives?

Yes, many companies provide bonuses or incentive structures tied to performance, project impact, and company results.

How does work experience impact career progression for analysts in Singapore?

Greater experience often leads to expanded responsibilities, senior designations, and improved compensation packages.

Are certifications helpful for analysts looking to improve their compensation prospects in Singapore?

Certifications in data analytics, finance, or business intelligence generally enhance credibility and can support better career opportunities.

How do industries differ in terms of opportunities for analysts in Singapore?

Sectors like technology, finance, healthcare, and e-commerce typically offer strong career growth and competitive benefits for analyst roles.

jay Vora

jay Vora

41 articles published

Jay Vora is our international sales expert. With exceptional communication and analytical skills, Jay effectively translates business requirements and prioritizes tasks. With a background in Analytics & Technology, Jay brings advanced techniques and a diligent work ethic to our team

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