Home > Salary > Ethiopia > Quantitative Researcher
A quantitative researcher is an individual who applies statistical and mathematical methods to analyze data and solve complex problems. They work in various fields such as finance, market research, social sciences, and healthcare. Their main responsibility is to design and conduct experiments, collect and interpret data, and develop models and algorithms to predict future trends or outcomes.
Quantitative researchers use various tools and software to analyze data, such as statistical software packages (e.g., R, Python), databases, and data visualization tools. They often collaborate with other researchers or professionals to gather data and validate their findings. Strong analytical and problem-solving skills are crucial for this occupation, as well as the ability to communicate complex concepts effectively.
Estimated Yearly Salary: 250,007 ETB
Estimated Monthly Salary: 20,834 ETB
Estimated Weekly Salary: 4,808 ETB per week
Estimated Hourly Salary: 120 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 20,195 ETB
Estimated Weekly Salary: 4,660 ETB per week
Estimated Hourly Salary: 117 ETB per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 4,167 USD
Estimated Monthly Salary: 347 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 250,007 ETB
Estimated Monthly Salary: 20,834 ETB
Estimated Weekly Salary: 4,808 ETB per week
Estimated Hourly Salary: 120 ETB per hour
By working as Quantitative Researcher a person can save up to 270 USD per month or 3,245 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 Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Quantitative Researcher
Last revision of data: 2025-01-04
Data as of 2025
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Quantitative Researcher salary in Ethiopia
Average Yearly Salary of Quantitative Researcher in Ethiopia is approximately 250,007 ETB (4,167 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 Quantitative Researcher do?

Skills: quantitative researcher, data analysis, statistical modeling, research methodology, data interpretation, predictive analytics
Job industry: Finance
Job industry: Finance
How much does Quantitative Researcher make?
Salary details
How much does Quantitative Researcher make?Estimated Yearly Salary: 250,007 ETB
Estimated Monthly Salary: 20,834 ETB
Estimated Weekly Salary: 4,808 ETB per week
Estimated Hourly Salary: 120 ETB per hour
Comparing salary to last year:
Estimated Yearly Salary: 242,340 ETBEstimated Monthly Salary: 20,195 ETB
Estimated Weekly Salary: 4,660 ETB per week
Estimated Hourly Salary: 117 ETB per hour
Quantitative Researcher estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,167 USD
Estimated Monthly Salary: 347 USD
Estimated Weekly Salary: 80 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Researcher job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Quantitative Researcher in Ethiopia earns on average:
2.38 times the average salary (or 238% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Quantitative Researcher job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Quantitative Researcher in Ethiopia earns on average:
2.38 times the average salary (or 238% of average salary).
Is Quantitative Researcher a well paid job?
Yes, our data show that Quantitative Researcher is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Quantitative Researcher?
High salary for Quantitative Researcher would be somewhere between 275,008 ETB and 362,510 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Quantitative Researcher in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 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: 250,007 ETB
Estimated Monthly Salary: 20,834 ETB
Estimated Weekly Salary: 4,808 ETB per week
Estimated Hourly Salary: 120 ETB per hour
By working as Quantitative Researcher a person can save up to 270 USD per month or 3,245 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 Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Quantitative Researcher
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Random salary:
Operating engineer (123,081 ETB per year, pre-tax.)
Group home supervisor (64,020 ETB per year, pre-tax.)
Maintenance foreman (74,375 ETB per year, pre-tax.)
5 axis programmer (95,460 ETB per year, pre-tax.)
Online media director (166,263 ETB per year, pre-tax.)
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