Home > Salary > Monaco > Economic Development Administrator
An Economic Development Administrator is responsible for promoting and enhancing economic growth within a specific region or community. They work closely with government agencies, businesses, and community organizations to attract new businesses, retain existing businesses, and create job opportunities. Their main goal is to improve the overall economic climate of their area by implementing strategies and initiatives that stimulate investment, innovation, and entrepreneurship.
Their duties include conducting research and analysis to identify economic trends and opportunities, developing and implementing economic development plans, coordinating with local stakeholders to attract new businesses and industries, facilitating workforce development programs, and assisting in securing funding and grants for economic development projects.
Estimated Yearly Salary: 224,361 EUR
Estimated Monthly Salary: 18,697 EUR
Estimated Weekly Salary: 4,315 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 18,085 EUR
Estimated Weekly Salary: 4,174 EUR per week
Estimated Hourly Salary: 104 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 223,817 USD
Estimated Monthly Salary: 18,651 USD
Estimated Weekly Salary: 4,304 USD per week
Estimated Hourly Salary: 108 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: 224,361 EUR
Estimated Monthly Salary: 18,697 EUR
Estimated Weekly Salary: 4,315 EUR per week
Estimated Hourly Salary: 108 EUR per hour
By working as Economic Development Administrator a person can save up to 11,208 USD per month or 134,499 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 Monaco, see costs of living in Monaco.
Estimated Yearly Salary for Economic Development Administrator
Last revision of data: 2025-01-04
Data as of 2025
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Economic Development Administrator salary in Monaco
Average Yearly Salary of Economic Development Administrator in Monaco is approximately 224,361 EUR (223,817 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 Development Administrator do?
An Economic Development Administrator is responsible for promoting and enhancing economic growth within a specific region or community. They work closely with government agencies, businesses, and community organizations to attract new businesses, retain existing businesses, and create job opportunities. Their main goal is to improve the overall economic climate of their area by implementing strategies and initiatives that stimulate investment, innovation, and entrepreneurship.
Their duties include conducting research and analysis to identify economic trends and opportunities, developing and implementing economic development plans, coordinating with local stakeholders to attract new businesses and industries, facilitating workforce development programs, and assisting in securing funding and grants for economic development projects.
Skills: Economic Development Administrator, Economic Growth, Business Attraction, Job Creation, Strategic Planning, Community Engagement
Job industry: Government
Job industry: Government
How much does Economic Development Administrator make?
Salary details
How much does Economic Development Administrator make?Estimated Yearly Salary: 224,361 EUR
Estimated Monthly Salary: 18,697 EUR
Estimated Weekly Salary: 4,315 EUR per week
Estimated Hourly Salary: 108 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 217,025 EUREstimated Monthly Salary: 18,085 EUR
Estimated Weekly Salary: 4,174 EUR per week
Estimated Hourly Salary: 104 EUR per hour
Last revision of data: 2024-01-05Economic Development Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 223,817 USD
Estimated Monthly Salary: 18,651 USD
Estimated Weekly Salary: 4,304 USD per week
Estimated Hourly Salary: 108 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
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Administrator job salary compared to average salary in Monaco.
Comparison shows that a person working as Economic Development Administrator in Monaco earns on average:
1.32 times the average salary (or 132% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Administrator job salary compared to average salary in Monaco.
Comparison shows that a person working as Economic Development Administrator in Monaco earns on average:
1.32 times the average salary (or 132% of average salary).
Is Economic Development Administrator a well paid job?
Yes, our data shows that Economic Development Administrator 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 Development Administrator?
High salary for Economic Development Administrator would be somewhere between 246,797 EUR and 325,323 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Development Administrator in Monaco?
Living in Monaco the approximate monthly expenses are: 7,443 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: 224,361 EUR
Estimated Monthly Salary: 18,697 EUR
Estimated Weekly Salary: 4,315 EUR per week
Estimated Hourly Salary: 108 EUR per hour
By working as Economic Development Administrator a person can save up to 11,208 USD per month or 134,499 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 Monaco, see costs of living in Monaco.
Salary comparison to region and neighbouring coutries
Country's neighbours are: France, Italy. 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 Development Administrator
France is 55,314 USD
Italy is 45,460 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Die press operator (125,753 EUR per year, pre-tax.)
Intellectual property (ip), attorney (430,907 EUR per year, pre-tax.)
Manager personnel generalist (144,474 EUR per year, pre-tax.)
Executive director (290,043 EUR per year, pre-tax.)
Data base engineer (359,931 EUR per year, pre-tax.)
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