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Economics Consultant salary in Kuwait

Average Yearly Salary of Economics Consultant in Kuwait is approximately 71,234 KWD (23,831 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?

occupation personasAn 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


How much does Economics Consultant make?

Salary details
How much does Economics Consultant make?
Estimated Yearly Salary: 71,234 KWD
Estimated Monthly Salary: 5,936 KWD
Estimated Weekly Salary: 1,370 KWD per week
Estimated Hourly Salary: 34 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 68,888 KWD
Estimated Monthly Salary: 5,741 KWD
Estimated Weekly Salary: 1,325 KWD per week
Estimated Hourly Salary: 33 KWD per hour
Last revision of data: 2024-02-05



Economics Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 23,831 USD
Estimated Monthly Salary: 1,986 USD
Estimated Weekly Salary: 458 USD per week
Estimated Hourly Salary: 11 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

Kuwait is a small country located in the Middle East. It has a population of approximately 4 million people and covers an area of around 17,818 square kilometers. The country is bordered by Saudi Arabia to the south and Iraq to the north.

Estimated national average yearly salary is 12,300 KWD (40,000 USD). Value indicated is pre-tax. Below graph shows estimated Economics Consultant job salary compared to average salary in Kuwait.
Comparison shows that a person working as Economics Consultant in Kuwait earns on average:
5.79 times the average salary (or 579% of average salary).

Is Economics Consultant a well paid job?

Yes, our data shows that Economics Consultant is an extremely 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 78,357 KWD and 103,289 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economics Consultant in Kuwait?

Living in Kuwait the approximate monthly expenses are: 1,600 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: 71,234 KWD
Estimated Monthly Salary: 5,936 KWD
Estimated Weekly Salary: 1,370 KWD per week
Estimated Hourly Salary: 34 KWD per hour
By working as Economics Consultant a person can save up to 386 USD per month or 4,631 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 Kuwait, see costs of living in Kuwait.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Saudi Arabia, Iraq.
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

Saudi Arabia is 49,123 USDup arrow 106%
Details on Economics Consultant salary in Saudi Arabia
Iraq is 10,721 USDdown arrow 55%
Details on Economics Consultant salary in Iraq
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 Kuwait

(419,012 KWD per year, pre-tax.)
(348,639 KWD per year, pre-tax.)
(336,866 KWD per year, pre-tax.)
(324,311 KWD per year, pre-tax.)
(324,112 KWD per year, pre-tax.)
(317,580 KWD per year, pre-tax.)
(317,445 KWD per year, pre-tax.)
(317,318 KWD per year, pre-tax.)
(317,161 KWD per year, pre-tax.)
(316,850 KWD per year, pre-tax.)

Data as of 2025

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