Economic Analyst salary in Canada

Average Yearly Salary of Economic Analyst in Canada is approximately 65,860 CAD (65,762 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Economic Analyst do?

An economic analyst is a professional who studies and interprets economic data to provide insights and recommendations for businesses, organizations, or government agencies. They analyze various economic factors such as market trends, consumer behavior, and financial indicators to assess the performance of industries, markets, or specific companies. Economic analysts use statistical models and forecasting techniques to predict economic trends, evaluate risks, and identify opportunities for growth or improvement. They compile reports and presentations to communicate their findings and recommendations to clients or stakeholders. Additionally, economic analysts may also conduct research and contribute to economic policy development.

Skills: Economic analyst, Data analysis, Market trends, Forecasting, Risk assessment, Economic policy
Job industry: Finance

How much does Economic Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Economic Analyst a well paid job?

Yes, our data show that Economic Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Economic Analyst?

High salary for Economic Analyst would be somewhere between 72,446 CAD and 95,497 CAD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Analyst in Canada?

Living in Canada the approximate monthly expenses are: 2,118 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 65,860 CAD
Estimated Monthly Salary: 5,488 CAD
Estimated Weekly Salary: 1,267 CAD per week
Estimated Hourly Salary: 32 CAD per hour
By working as Economic Analyst a person can save up to 3,362 USD per month or 40,341 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Canada, see costs of living in Canada.

Salary comparison to region and neighbouring coutries

Country's neighbours are: United States of America.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Economic Analyst

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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