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Sr. Economic Analyst salary in Ghana

Average Yearly Salary of Sr. Economic Analyst in Ghana is approximately 70,324 GHS (5,888 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 Sr. Economic Analyst do?

occupation personasA Senior Economic Analyst is a professional who analyzes economic data and trends to provide insights and recommendations for decision-making. They collect and interpret economic indicators, such as GDP, inflation rates, employment levels, and consumer spending, to assess the state of the economy and its impact on businesses and industries. Senior Economic Analysts often work in government agencies, financial institutions, consulting firms, or research organizations. Their responsibilities include conducting economic research, developing economic models, forecasting economic outcomes, and preparing reports and presentations for stakeholders. They may also provide guidance on policy development, investment strategies, and market trends. Strong analytical skills, knowledge of economic principles, and proficiency in statistical software are essential for this role. Effective communication and presentation skills are also crucial for conveying complex economic concepts to non-experts.

Skills: Senior Economic Analyst, Economic Research, Data Analysis, Economic Forecasting, Policy Development, Market Trends
Job industry: Finance


How much does Sr. Economic Analyst make?

Salary details
How much does Sr. Economic Analyst make?
Estimated Yearly Salary: 70,324 GHS
Estimated Monthly Salary: 5,860 GHS
Estimated Weekly Salary: 1,352 GHS per week
Estimated Hourly Salary: 34 GHS per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 68,208 GHS
Estimated Monthly Salary: 5,684 GHS
Estimated Weekly Salary: 1,312 GHS per week
Estimated Hourly Salary: 33 GHS per hour
Last revision of data: 2024-01-08



Sr. Economic Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 5,888 USD
Estimated Monthly Salary: 491 USD
Estimated Weekly Salary: 113 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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 Sr. Economic Analyst job salary compared to average salary in Ghana.
Comparison shows that a person working as Sr. Economic Analyst in Ghana earns on average:
1.79 times the average salary (or 179% of average salary).

Is Sr. Economic Analyst a well paid job?

Yes, our data shows that Sr. Economic Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Sr. Economic Analyst?

High salary for Sr. Economic Analyst would be somewhere between 77,356 GHS and 101,970 GHS. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sr. Economic Analyst 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: 70,324 GHS
Estimated Monthly Salary: 5,860 GHS
Estimated Weekly Salary: 1,352 GHS per week
Estimated Hourly Salary: 34 GHS per hour
By working as Sr. Economic Analyst a person can save up to 351 USD per month or 4,208 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 Sr. 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 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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This website presents salary estimates for educational purposes exclusively. While we collect data from multiple providers, we do not guarantee absolute reliability. Users are encouraged to review trusted organizations before making any career moves. Salaries fluctuate due to various elements, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the correctness of the displayed salary figures. Your continued access of this site confirms your understanding of these terms.
optisalary.com aggregates salary information for educational use only. While we strive to deliver correct estimates, we do not warrant their full precision. Users are highly encouraged to check with additional databases before finalizing financial decisions. Salary figures fluctuate based on several factors, such as industry trends, negotiation power, and regional demand. We make no claims as to the validity of the provided information. Your access of this site indicates agreement of this notice.