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Economist salary in Kuwait

Average Yearly Salary of Economist in Kuwait is approximately 62,584 KWD (20,946 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 Economist do?

occupation personasAn economist is a professional who studies and analyzes the production, distribution, and consumption of goods and services. They examine economic data, trends, and indicators to understand and predict the behavior of markets, industries, and economies. Economists use various mathematical and statistical models to conduct research and provide insights into important economic issues such as inflation, unemployment, fiscal policies, and international trade. Their work involves conducting surveys, collecting and analyzing data, preparing reports, and making recommendations to governments, businesses, and organizations. Economists also evaluate the impact of policies and regulations on the economy and suggest strategies for improving efficiency and productivity.

Skills: Economist, Economic analysis, Market research, Policy evaluation, Data analysis, Economic forecasting
Job industry: Publishing


How much does Economist make?

Salary details
How much does Economist make?
Estimated Yearly Salary: 62,584 KWD
Estimated Monthly Salary: 5,215 KWD
Estimated Weekly Salary: 1,204 KWD per week
Estimated Hourly Salary: 30 KWD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 60,604 KWD
Estimated Monthly Salary: 5,050 KWD
Estimated Weekly Salary: 1,165 KWD per week
Estimated Hourly Salary: 29 KWD per hour
Last revision of data: 2024-02-06



Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 20,946 USD
Estimated Monthly Salary: 1,746 USD
Estimated Weekly Salary: 403 USD per week
Estimated Hourly Salary: 10 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 Economist job salary compared to average salary in Kuwait.
Comparison shows that a person working as Economist in Kuwait earns on average:
5.09 times the average salary (or 509% of average salary).

Is Economist a well paid job?

Yes, our data shows that Economist 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 Economist?

High salary for Economist would be somewhere between 68,842 KWD and 90,747 KWD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economist 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: 62,584 KWD
Estimated Monthly Salary: 5,215 KWD
Estimated Weekly Salary: 1,204 KWD per week
Estimated Hourly Salary: 30 KWD per hour
By working as Economist a person can save up to 146 USD per month or 1,746 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 Economist

Saudi Arabia is 43,199 USDup arrow 106%
Details on Economist salary in Saudi Arabia
Iraq is 9,399 USDdown arrow 55%
Details on Economist 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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Please note:
The salary figures presented here are intended for informational purposes solely.
This website offers salary estimates for educational purposes exclusively. While we gather data from multiple sources, we cannot ensure absolute reliability. Users are encouraged to consult external organizations before making any career moves. Salaries shift due to numerous factors, such as market demand, employer policies, and geographic location. We cannot provide guarantee regarding the correctness of the displayed salary figures. Your use of this site indicates your acceptance of these conditions.
optisalary.com aggregates salary information for reference use only. While we strive to deliver correct figures, we do not ensure their absolute precision. Users are strongly encouraged to check with additional databases before making financial decisions. Salary figures vary based on several conditions, such as location, job role, and individual qualifications. We do not offer any claims as to the correctness of the listed information. Your access of this site acknowledges agreement of this notice.