Home > Salary > Israel > Economic Consultant
An economic consultant is a professional who provides expert advice and analysis on economic issues to businesses, organizations, or governments. They help clients understand and navigate the complexities of the economy, identify opportunities for growth, and mitigate risks. Economic consultants conduct research, collect and analyze data, develop models and forecasts, and provide recommendations based on their findings. They may also assist in policy development, market analysis, cost-benefit analysis, and strategic planning. Their expertise spans various areas such as macroeconomics, microeconomics, finance, statistics, and econometrics. Economic consultants work closely with clients to assess their needs, provide tailored solutions, and communicate their findings effectively.
Estimated Yearly Salary: 333,834 ILS
Estimated Monthly Salary: 27,820 ILS
Estimated Weekly Salary: 6,420 ILS per week
Estimated Hourly Salary: 160 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 26,806 ILS
Estimated Weekly Salary: 6,186 ILS per week
Estimated Hourly Salary: 155 ILS per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 83,113 USD
Estimated Monthly Salary: 6,926 USD
Estimated Weekly Salary: 1,598 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 333,834 ILS
Estimated Monthly Salary: 27,820 ILS
Estimated Weekly Salary: 6,420 ILS per week
Estimated Hourly Salary: 160 ILS per hour
By working as Economic Consultant a person can save up to 4,740 USD per month or 56,881 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 Israel, see costs of living in Israel.
Estimated Yearly Salary for Economic Consultant
Last revision of data: 2025-01-04
Data as of 2025
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Economic Consultant salary in Israel
Average Yearly Salary of Economic Consultant in Israel is approximately 333,834 ILS (83,113 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 Economic Consultant do?
An economic consultant is a professional who provides expert advice and analysis on economic issues to businesses, organizations, or governments. They help clients understand and navigate the complexities of the economy, identify opportunities for growth, and mitigate risks. Economic consultants conduct research, collect and analyze data, develop models and forecasts, and provide recommendations based on their findings. They may also assist in policy development, market analysis, cost-benefit analysis, and strategic planning. Their expertise spans various areas such as macroeconomics, microeconomics, finance, statistics, and econometrics. Economic consultants work closely with clients to assess their needs, provide tailored solutions, and communicate their findings effectively.
Skills: economic consultant, economic analysis, business advisory, data analysis, forecasting, policy development
Job industry: Consulting
Job industry: Consulting
How much does Economic Consultant make?
Salary details
How much does Economic Consultant make?Estimated Yearly Salary: 333,834 ILS
Estimated Monthly Salary: 27,820 ILS
Estimated Weekly Salary: 6,420 ILS per week
Estimated Hourly Salary: 160 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 321,668 ILSEstimated Monthly Salary: 26,806 ILS
Estimated Weekly Salary: 6,186 ILS per week
Estimated Hourly Salary: 155 ILS per hour
Last revision of data: 2024-01-03Economic Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 83,113 USD
Estimated Monthly Salary: 6,926 USD
Estimated Weekly Salary: 1,598 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Economic Consultant job salary compared to average salary in Israel.
Comparison shows that a person working as Economic Consultant in Israel earns on average:
1.73 times the average salary (or 173% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Economic Consultant job salary compared to average salary in Israel.
Comparison shows that a person working as Economic Consultant in Israel earns on average:
1.73 times the average salary (or 173% of average salary).
Is Economic Consultant a well paid job?
Yes, our data shows that Economic 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 Economic Consultant?
High salary for Economic Consultant would be somewhere between 367,217 ILS and 484,059 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Consultant in Israel?
Living in Israel the approximate monthly expenses are: 2,186 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: 333,834 ILS
Estimated Monthly Salary: 27,820 ILS
Estimated Weekly Salary: 6,420 ILS per week
Estimated Hourly Salary: 160 ILS per hour
By working as Economic Consultant a person can save up to 4,740 USD per month or 56,881 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 Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Economic Consultant
Lebanon is 12,683 USD
Syria is 5,599 USD
Jordan is 14,460 USD
Egypt is 6,245 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 Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Applications programming supervisor (421,744 ILS per year, pre-tax.)
School secretary (93,823 ILS per year, pre-tax.)
Business office representative (135,411 ILS per year, pre-tax.)
Construction project assistant (170,560 ILS per year, pre-tax.)
Train conductor (155,234 ILS per year, pre-tax.)
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