Home > Salary > India > Economics Consultant
An economics consultant is a professional who provides expert advice and guidance on economic matters to businesses, governments, and organizations. They analyze economic data, conduct research, and utilize economic theories and models to help clients make informed decisions and develop strategies. Economics consultants may specialize in various areas such as market research, financial analysis, public policy, or international trade.
Their responsibilities include assessing economic trends, forecasting market conditions, evaluating the impact of policies and regulations, and recommending strategies for growth and optimization. They may also assist with cost-benefit analysis, feasibility studies, and economic impact assessments. Strong analytical skills, knowledge of economic principles, and proficiency in statistical analysis are essential for this role.
Estimated Yearly Salary: 3,578,200 INR
Estimated Monthly Salary: 298,183 INR
Estimated Weekly Salary: 68,812 INR per week
Estimated Hourly Salary: 1,720 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 289,073 INR
Estimated Weekly Salary: 66,709 INR per week
Estimated Hourly Salary: 1,668 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 39,825 USD
Estimated Monthly Salary: 3,319 USD
Estimated Weekly Salary: 766 USD per week
Estimated Hourly Salary: 19 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: 3,578,200 INR
Estimated Monthly Salary: 298,183 INR
Estimated Weekly Salary: 68,812 INR per week
Estimated Hourly Salary: 1,720 INR per hour
By working as Economics Consultant a person can save up to 2,424 USD per month or 29,083 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 India, see costs of living in India.
Estimated Yearly Salary for Economics Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Economics Consultant salary in India
Average Yearly Salary of Economics Consultant in India is approximately 3,578,200 INR (39,825 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 Economics Consultant do?
An economics consultant is a professional who provides expert advice and guidance on economic matters to businesses, governments, and organizations. They analyze economic data, conduct research, and utilize economic theories and models to help clients make informed decisions and develop strategies. Economics consultants may specialize in various areas such as market research, financial analysis, public policy, or international trade.
Their responsibilities include assessing economic trends, forecasting market conditions, evaluating the impact of policies and regulations, and recommending strategies for growth and optimization. They may also assist with cost-benefit analysis, feasibility studies, and economic impact assessments. Strong analytical skills, knowledge of economic principles, and proficiency in statistical analysis are essential for this role.
Skills: Economics consultant, Economic analysis, Market research, Financial analysis, Public policy, International trade.
Job industry: Consulting
Job industry: Consulting
How much does Economics Consultant make?
Salary details
How much does Economics Consultant make?Estimated Yearly Salary: 3,578,200 INR
Estimated Monthly Salary: 298,183 INR
Estimated Weekly Salary: 68,812 INR per week
Estimated Hourly Salary: 1,720 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 3,468,870 INREstimated Monthly Salary: 289,073 INR
Estimated Weekly Salary: 66,709 INR per week
Estimated Hourly Salary: 1,668 INR per hour
Last revision of data: 2024-01-02Economics Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 39,825 USD
Estimated Monthly Salary: 3,319 USD
Estimated Weekly Salary: 766 USD per week
Estimated Hourly Salary: 19 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
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
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Economics Consultant job salary compared to average salary in India.
Comparison shows that a person working as Economics Consultant in India earns on average:
1.93 times the average salary (or 193% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Economics Consultant job salary compared to average salary in India.
Comparison shows that a person working as Economics Consultant in India earns on average:
1.93 times the average salary (or 193% of average salary).
Is Economics Consultant a well paid job?
Yes, our data shows that Economics Consultant 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 Economics Consultant?
High salary for Economics Consultant would be somewhere between 3,936,020 INR and 5,188,390 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Economics Consultant in India?
Living in India the approximate monthly expenses are: 895 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: 3,578,200 INR
Estimated Monthly Salary: 298,183 INR
Estimated Weekly Salary: 68,812 INR per week
Estimated Hourly Salary: 1,720 INR per hour
By working as Economics Consultant a person can save up to 2,424 USD per month or 29,083 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 India, see costs of living in India.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Economics Consultant
Pakistan is 2,811 USD
China is 22,896 USD
Nepal is 13,055 USD
Bangladesh is 5,020 USD
Afghanistan is 10,712 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
Finance supervisor (2,158,744 INR per year, pre-tax.)
Navy petty officer 1st class surface vessels (2,393,100 INR per year, pre-tax.)
Sales manager (automotive) (2,276,483 INR per year, pre-tax.)
Vice president (vp), construction management operations (5,291,100 INR per year, pre-tax.)
Ambassador (834,063 INR per year, pre-tax.)
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