Salary report

Top 10 Countries with the Highest Salaries for a Treasury Manager

Explore the salary expectations for a Treasury Manager across different countries, with insights based on salary factors.

By

Global Salary Insights for Treasury Manager Professionals

Dreaming of international or remote work as a Treasury Manager? Let's explore the global salary landscape to help you plan your next career move.

  • Salary Variability: The salary for a Treasury Manager can vary significantly based on country, industry, and individual employee experience.
  • Key Insights: This section provides key insights into global salary expectations for Treasury Managers.
  • Country-Specific Adjustments: Salary data includes adjustments based on local economic factors, offering a realistic view of earning potential in different regions.

Top 10 Countries with the Highest Salaries for a Treasury Manager

Key Figures:

  • Highest Paying Country Globally: Switzerland ($215,379 annually)
  • Lowest Paying Country Globally (within top 10): Jersey ($115,430 annually)
  • Base Salary Used for Calculations: $135,800 (USD)

The table below showcases the top 10 countries offering the highest salaries for Treasury Manager professionals.

Country Monthly Salary Annual Salary
Switzerland $17,948 $215,379
Iceland $15,287 $183,439
Luxembourg $14,716 $176,594
Bermuda $13,580 $162,960
United States $11,317 $135,800
Vatican City $11,317 $135,800
Singapore $11,271 $135,257
Cayman Islands $10,185 $122,220
Hong Kong $9,883 $118,594
Jersey $9,619 $115,430

Each country's salary is calculated based on the base salary of a Treasury Manager in the United States, adjusted by a salary factor that reflects local economic conditions and purchasing power in each country. This allows for a direct comparison of how much a Treasury Manager can expect to earn in different parts of the world.

The highest salaries for Treasury Manager professionals are found in Switzerland

According to the data, the top 3 countries where Treasury Manager professionals can earn the highest salaries are Switzerland, Iceland, and Luxembourg. These countries offer annual salaries of $215,379, $183,439, and $176,594, respectively, making them the most lucrative locations for Treasury Manager roles.

Conversely, the country offering the lowest salary in the top 10 for Treasury Manager professionals is Jersey, with an annual salary of $115,430.

These variations reflect not only the demand for Treasury Manager professionals in each country, but also local salary standards and living costs, giving a comprehensive view of where a Treasury Manager might earn the most and where they might earn the least.

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Africa Treasury Manager Salary Data

In Africa, a total of 54 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Equatorial Guinea, Gabon, South Africa. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in Africa.

Country Monthly Salary Annual Salary
Equatorial Guinea $4,512 $54,143
Gabon $3,761 $45,126
South Africa $3,578 $42,940
Namibia $3,008 $36,096
Botswana $2,507 $30,080
Angola $2,005 $24,064
Zambia $1,880 $22,556
Seychelles $1,754 $21,049
Ghana $1,630 $19,555
Comoros $1,630 $19,555
Sao Tome and Principe $1,630 $19,555
Mauritius $1,561 $18,727
Malawi $1,555 $18,659
Congo $1,428 $17,138
Cabo Verde $1,391 $16,690
Rwanda $1,378 $16,540
Lesotho $1,254 $15,047
Uganda $1,228 $14,734
Burkina Faso $1,203 $14,436
Tanzania $1,153 $13,838
Ivory Coast $1,128 $13,539
Senegal $1,128 $13,539
Djibouti $1,128 $13,539
Morocco $1,045 $12,534
Central African Republic $1,028 $12,331
Cameroon $1,003 $12,032
Kenya $944 $11,326
Mozambique $928 $11,136
Nigeria $827 $9,927
Zimbabwe $827 $9,927
Libya $809 $9,710
Mali $802 $9,628
Burundi $802 $9,628
Tunisia $781 $9,370
Madagascar $751 $9,017
Guinea $751 $9,017
Togo $751 $9,017
Eritrea $751 $9,017
Eswatini $751 $9,017
Chad $727 $8,718
Somalia $702 $8,420
Sudan $689 $8,270
Liberia $652 $7,822
Ethiopia $627 $7,523
South Sudan $627 $7,523
Algeria $577 $6,926
Benin $501 $6,016
Mauritania $501 $6,016
DR Congo $452 $5,418
Sierra Leone $376 $4,509
Gambia $376 $4,509
Guinea-Bissau $376 $4,509
Egypt $367 $4,400
Niger $301 $3,612

The lowest salary for Treasury Managers in Africa is found in Niger at $3,612 per year.

Asia Treasury Manager Salary Data

In Asia, a total of 36 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Singapore, Hong Kong, Israel. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in Asia.

Country Monthly Salary Annual Salary
Singapore $11,271 $135,257
Hong Kong $9,883 $118,594
Israel $6,663 $79,959
South Korea $6,461 $77,528
Japan $5,752 $69,027
Maldives $5,515 $66,175
China $2,422 $29,061
Malaysia $2,421 $29,048
Jordan $1,619 $19,433
India $1,583 $18,998
Turkmenistan $1,504 $18,048
Mongolia $1,504 $18,048
Armenia $1,498 $17,980
Thailand $1,492 $17,898
Kazakhstan $1,460 $17,518
Russia $1,409 $16,907
Iraq $1,297 $15,563
Vietnam $1,168 $14,015
Azerbaijan $1,099 $13,186
Uzbekistan $1,098 $13,173
Timor-Leste $1,003 $12,032
Bhutan $1,003 $12,032
Philippines $962 $11,543
Indonesia $818 $9,818
Palau $809 $9,710
Tajikistan $751 $9,017
Kyrgyzstan $751 $9,017
Iran $665 $7,985
Laos $627 $7,523
Bangladesh $602 $7,225
Nepal $540 $6,478
Sri Lanka $499 $5,989
Cambodia $489 $5,867
Pakistan $452 $5,418
Myanmar $376 $4,509
Palau $250 $3,001

The lowest salary for Treasury Managers in Asia is found in Palau at $3,001 per year.

Europe Treasury Manager Salary Data

In Europe, a total of 46 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Switzerland, Iceland, Luxembourg. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in Europe.

Country Monthly Salary Annual Salary
Switzerland $17,948 $215,379
Iceland $15,287 $183,439
Luxembourg $14,716 $176,594
Vatican City $11,317 $135,800
Jersey $9,619 $115,430
Denmark $9,499 $113,991
Guernsey $9,053 $108,640
Netherlands $9,047 $108,559
Norway $8,516 $102,190
Ireland $8,115 $97,382
United Kingdom $7,985 $95,820
Germany $7,940 $95,277
Belgium $7,699 $92,385
Monaco $7,520 $90,239
Sweden $7,443 $89,316
Finland $7,228 $86,735
Liechtenstein $7,016 $84,196
Austria $6,628 $79,538
France $6,503 $78,031
San Marino $6,266 $75,192
Spain $4,819 $57,824
Cyprus $4,563 $54,755
Italy $4,489 $53,872
Slovenia $4,180 $50,165
Estonia $4,076 $48,915
Poland $3,895 $46,742
Croatia $3,526 $42,315
Lithuania $3,507 $42,084
Slovakia $3,164 $37,970
Latvia $3,059 $36,707
Malta $3,008 $36,096
Portugal $2,877 $34,520
Hungary $2,614 $31,370
Greece $2,612 $31,343
Bulgaria $2,569 $30,827
Andorra $2,507 $30,080
Montenegro $2,380 $28,559
Romania $2,354 $28,246
Serbia $1,982 $23,779
Bosnia and Herzegovina $1,824 $21,891
Albania $1,607 $19,284
North Macedonia $1,559 $18,713
Moldova $1,490 $17,885
Belarus $1,300 $15,603
Georgia $1,226 $14,707
Ukraine $988 $11,855

The lowest salary for Treasury Managers in Europe is found in Ukraine at $11,855 per year.

North America Treasury Manager Salary Data

In North America, a total of 27 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Bermuda, United States, Cayman Islands. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in North America.

Country Monthly Salary Annual Salary
Bermuda $13,580 $162,960
United States $11,317 $135,800
Cayman Islands $10,185 $122,220
Turks and Caicos Islands $8,488 $101,850
Canada $7,312 $87,740
Puerto Rico $4,512 $54,143
Antigua and Barbuda $3,761 $45,126
Bahamas $3,507 $42,084
Barbados $3,008 $36,096
Dominica $2,380 $28,559
Costa Rica $2,369 $28,423
Belize $2,255 $27,065
Saint Kitts and Nevis $2,255 $27,065
Trinidad and Tobago $2,131 $25,571
Panama $2,012 $24,145
Cuba $2,005 $24,064
Guyana $1,754 $21,049
Saint Lucia $1,754 $21,049
Mexico $1,742 $20,900
Jamaica $1,630 $19,555
Grenada $1,630 $19,555
Honduras $1,504 $18,048
Nicaragua $1,378 $16,540
Saint Vincent and the Grenadines $1,254 $15,047
Haiti $1,003 $12,032
El Salvador $1,003 $12,032
Guatemala $925 $11,095

The lowest salary for Treasury Managers in North America is found in Guatemala at $11,095 per year.

South America Treasury Manager Salary Data

In South America, a total of 11 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Uruguay, Paraguay, Chile. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in South America.

Country Monthly Salary Annual Salary
Uruguay $2,735 $32,823
Paraguay $1,788 $21,456
Chile $1,761 $21,130
Suriname $1,470 $17,640
Ecuador $1,258 $15,101
Argentina $1,152 $13,824
Brazil $1,052 $12,629
Peru $1,034 $12,412
Bolivia $1,008 $12,100
Colombia $925 $11,095
Venezuela $466 $5,595

The lowest salary for Treasury Managers in South America is found in Venezuela at $5,595 per year.

Oceania Treasury Manager Salary Data

In Oceania, a total of 13 countries offer employment opportunities for a Treasury Manager. The salary ranges for this position vary significantly across the region, with the highest salaries found in countries like Australia, New Zealand, Brunei. Below is a detailed comparison of monthly and annual salaries for Treasury Managers across different countries in Oceania.

Country Monthly Salary Annual Salary
Australia $9,451 $113,407
New Zealand $7,787 $93,444
Brunei $7,520 $90,239
Fiji $1,754 $21,049
Tonga $1,754 $21,049
Papua New Guinea $1,504 $18,048
Solomon Islands $1,254 $15,047
Vanuatu $1,128 $13,539
Samoa $1,003 $12,032
Kiribati $877 $10,525
Marshall Islands $751 $9,017
Tuvalu $751 $9,017
Nauru $376 $4,509

The lowest salary for Treasury Managers in Oceania is found in Nauru at $4,509 per year.

Methodology: How We Calculate Global Treasury Manager Salaries

Our salary rankings for Treasury Manager professionals are derived from a transparent, data-driven methodology. We anchor our calculations to the base salary of Treasury Managers in the United States, then apply country-specific adjustment factors to account for:

  • Local economic conditions (cost of labor, industry demand)
  • Purchasing power parity (PPP) to reflect real-world value
  • Taxation and social security norms where applicable

This approach ensures apples-to-apples comparisons of earning potential across borders.


Trusted Data Sources

The core economic factors and comparison data are sourced from:


Disclaimer: Data Volatility Note

Important Note on Salary data: Salary calculations are estimations based on reported data points and PPP adjustments. Actual compensation packages may vary significantly based on company size, experience level, specific region within the country, and local tax laws. These figures serve as a reliable benchmark, not a guarantee. Last Updated: September 2026.

To explore more about Treasury Managers, check out the following resources. These links will guide you to job descriptions and available opportunities.

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