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Senior Economist salary in Ghana

Average Yearly Salary of Senior Economist in Ghana is approximately 100,732 GHS (8,392 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 Senior Economist do?

occupation personasA senior economist is a highly skilled professional who analyzes economic data, conducts research, and provides expert advice on economic issues. They are responsible for studying market trends, forecasting economic conditions, and assessing the impact of policies and regulations on various sectors. Senior economists often work in government agencies, research institutions, or consulting firms, where they play a crucial role in shaping economic policies and strategies. Their job involves collecting and interpreting economic data, developing economic models and theories, and presenting findings to stakeholders and decision-makers. They may also be involved in conducting cost-benefit analyses, evaluating the effectiveness of economic policies, and providing recommendations for improvement. Strong analytical skills, proficiency in statistical analysis software, and a deep understanding of economic theories and principles are essential for this role.

Skills: Senior Economist, Economic Analysis, Research, Economic Policy, Forecasting, Economic Modeling
Job industry: Finance and economics


How much does Senior Economist make?

Salary details
How much does Senior Economist make?
Estimated Yearly Salary: 100,732 GHS
Estimated Monthly Salary: 8,394 GHS
Estimated Weekly Salary: 1,937 GHS per week
Estimated Hourly Salary: 48 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 97,056 GHS
Estimated Monthly Salary: 8,088 GHS
Estimated Weekly Salary: 1,866 GHS per week
Estimated Hourly Salary: 47 GHS per hour
Last revision of data: 2024-01-03



Senior Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 8,392 USD
Estimated Monthly Salary: 699 USD
Estimated Weekly Salary: 161 USD per week
Estimated Hourly Salary: 4 USD per hour


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

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.

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Salary comparison to National average

Ghana is a country located in West Africa. It has a population of approximately 31 million people and covers an area of about 238,535 square kilometers. The country is bordered by Cote d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Atlantic Ocean to the south.

Estimated national average yearly salary is 39,200 GHS (3,500 USD). Value indicated is pre-tax. Below graph shows estimated Senior Economist job salary compared to average salary in Ghana.
Comparison shows that a person working as Senior Economist in Ghana earns on average:
2.57 times the average salary (or 257% of average salary).

Is Senior Economist a well paid job?

Yes, our data show that Senior Economist 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 Senior Economist?

High salary for Senior Economist would be somewhere between 110,805 GHS and 146,061 GHS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Economist in Ghana?

Living in Ghana the approximate monthly expenses are: 140 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: 100,732 GHS
Estimated Monthly Salary: 8,394 GHS
Estimated Weekly Salary: 1,937 GHS per week
Estimated Hourly Salary: 48 GHS per hour
By working as Senior Economist a person can save up to 559 USD per month or 6,712 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 Ghana, see costs of living in Ghana.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Burkina Faso, Cote d'Ivoire (Ivory Coast), Togo..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Senior Economist

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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Ghana

(439,471 GHS per year, pre-tax.)
(363,775 GHS per year, pre-tax.)
(351,690 GHS per year, pre-tax.)
(342,308 GHS per year, pre-tax.)
(342,198 GHS per year, pre-tax.)
(334,060 GHS per year, pre-tax.)
(333,287 GHS per year, pre-tax.)
(333,209 GHS per year, pre-tax.)
(333,002 GHS per year, pre-tax.)
(332,700 GHS per year, pre-tax.)

Data as of 2025

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