Home > Salary > India > Forecast Analyst
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Estimated Yearly Salary: 2,467,451 INR
Estimated Monthly Salary: 205,621 INR
Estimated Weekly Salary: 47,451 INR per week
Estimated Hourly Salary: 1,186 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 199,425 INR
Estimated Weekly Salary: 46,021 INR per week
Estimated Hourly Salary: 1,151 INR per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 27,570 USD
Estimated Monthly Salary: 2,298 USD
Estimated Weekly Salary: 530 USD per week
Estimated Hourly Salary: 13 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: 2,467,451 INR
Estimated Monthly Salary: 205,621 INR
Estimated Weekly Salary: 47,451 INR per week
Estimated Hourly Salary: 1,186 INR per hour
By working as Forecast Analyst a person can save up to 1,402 USD per month or 16,828 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 Forecast Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Forecast Analyst salary in India
Average Yearly Salary of Forecast Analyst in India is approximately 2,467,451 INR (27,570 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 Forecast Analyst do?
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Skills: forecast analyst, data analysis, trend analysis, demand forecasting, statistical modeling, inventory management
Job industry: Finance
Job industry: Finance
How much does Forecast Analyst make?
Salary details
How much does Forecast Analyst make?Estimated Yearly Salary: 2,467,451 INR
Estimated Monthly Salary: 205,621 INR
Estimated Weekly Salary: 47,451 INR per week
Estimated Hourly Salary: 1,186 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,393,100 INREstimated Monthly Salary: 199,425 INR
Estimated Weekly Salary: 46,021 INR per week
Estimated Hourly Salary: 1,151 INR per hour
Last revision of data: 2024-01-09Forecast Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 27,570 USD
Estimated Monthly Salary: 2,298 USD
Estimated Weekly Salary: 530 USD per week
Estimated Hourly Salary: 13 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
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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 Forecast Analyst job salary compared to average salary in India.
Comparison shows that a person working as Forecast Analyst in India earns on average:
1.33 times the average salary (or 133% 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 Forecast Analyst job salary compared to average salary in India.
Comparison shows that a person working as Forecast Analyst in India earns on average:
1.33 times the average salary (or 133% of average salary).
Is Forecast Analyst a well paid job?
Yes, our data shows that Forecast 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 Forecast Analyst?
High salary for Forecast Analyst would be somewhere between 2,714,196 INR and 3,577,804 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Forecast Analyst 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: 2,467,451 INR
Estimated Monthly Salary: 205,621 INR
Estimated Weekly Salary: 47,451 INR per week
Estimated Hourly Salary: 1,186 INR per hour
By working as Forecast Analyst a person can save up to 1,402 USD per month or 16,828 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 Forecast Analyst
Pakistan is 1,944 USD
China is 15,805 USD
Nepal is 9,020 USD
Bangladesh is 3,455 USD
Afghanistan is 7,381 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
(21,041,458 INR per year, pre-tax.)
2. Cardiologist
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
4. Neurosurgeon
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
7. Urologist
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
9. Oncologist
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)
Data as of 2025Random salary:
Enrollment manager (1,733,528 INR per year, pre-tax.)
Industrial machinery mechanic (1,980,564 INR per year, pre-tax.)
Television production continuity coordinator (1,554,677 INR per year, pre-tax.)
Dental sales representative (1,161,141 INR per year, pre-tax.)
Master of ceremonies (mc) (1,488,219 INR per year, pre-tax.)
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