Economist Corporate salary in Nigeria

Average Yearly Salary of Economist Corporate in Nigeria is approximately 7,220,818 NGN (8,628 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 Corporate do?

An economist in the corporate sector is responsible for analyzing and interpreting economic data and trends to provide insights and recommendations to improve the financial performance of a company. They conduct research, develop economic models, and forecast market conditions to help businesses make informed decisions regarding pricing, production, investment, and expansion strategies. Economists also assess the impact of government policies, industry regulations, and global economic factors on the organization's operations. They collaborate with other departments such as finance, marketing, and sales to develop strategies that maximize profitability and mitigate risks. Additionally, economists may be involved in conducting cost-benefit analyses, evaluating the feasibility of new projects, and assessing the potential impact of mergers and acquisitions. This occupation requires strong analytical skills, proficiency in statistical software, and the ability to communicate complex economic concepts to non-experts.

Skills: Economist, Corporate, Economic Analysis, Forecasting, Financial Performance, Market Research
Job industry: Publishing

How much does Economist Corporate make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Economist Corporate a well paid job?

Yes, our data shows that Economist Corporate 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 Economist Corporate?

High salary for Economist Corporate would be somewhere between 7,942,900 NGN and 10,470,186 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economist Corporate in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 7,220,818 NGN
Estimated Monthly Salary: 601,735 NGN
Estimated Weekly Salary: 138,862 NGN per week
Estimated Hourly Salary: 3,472 NGN per hour
By working as Economist Corporate a person can save up to 513 USD per month or 6,161 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
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 Corporate

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 +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 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.

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Data as of 2025

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