Salaries for Economic Analysts vary significantly by region and experience. In North America, particularly the United States, entry-level analysts earn USD 60,000-80,000, while experienced professionals command USD 100,000-150,000 annually. Canada offers similar ranges, slightly lower. These figures reflect a higher cost of living in major financial hubs.
Europe presents diverse salary landscapes. In Western Europe (e.g., UK, Germany, France), salaries range from EUR 45,000-75,000 (approx. USD 48,000-80,000) for junior roles, rising to EUR 80,000-120,000 (approx. USD 85,000-128,000) for senior positions. Scandinavian countries offer competitive salaries but have higher tax rates. Southern and Eastern European countries generally offer lower nominal salaries, but purchasing power parity can make them attractive due to lower living costs.
Asia-Pacific markets, especially Singapore, Hong Kong, and Australia, offer strong compensation. Entry-level analysts can expect SGD 50,000-70,000 (approx. USD 37,000-52,000) in Singapore or AUD 60,000-90,000 (approx. USD 40,000-60,000) in Australia. Senior roles in these regions can reach SGD 100,000-150,000 (approx. USD 74,000-111,000) or AUD 120,000-180,000 (approx. USD 80,000-120,000). Japan offers JPY 5-8 million (approx. USD 34,000-54,000) for junior roles. Cost of living in these major cities can be high, impacting real income.
Latin America offers more modest salaries. In Brazil, an Economic Analyst might earn BRL 60,000-100,000 (approx. USD 12,000-20,000), while in Mexico, MXN 250,000-400,000 (approx. USD 15,000-24,000). These regions often have lower living costs. Salary structures internationally include varying benefits like healthcare, pension contributions, and vacation days, which significantly affect the total compensation package. Tax implications vary widely by country, influencing take-home pay. Experience and specialized education, such as a Master's in Economics or Finance, enhance compensation globally.
Australia only
India only