Home > Salary > Russia > Economic Development Specialist
An economic development specialist is a professional who focuses on promoting economic growth and improving the overall economic well-being of a specific region or community. They analyze economic data, identify opportunities for growth, and develop strategies to attract investment and businesses. Economic development specialists often work closely with government agencies, community organizations, and businesses to implement plans and initiatives that stimulate economic activity. They may also assist in the development of policies and programs that support entrepreneurship, workforce development, and infrastructure improvement. Effective communication and collaboration skills are essential in this role, as economic development specialists must engage with various stakeholders and build partnerships to achieve their goals.
Estimated Yearly Salary: 1,343,884 RUB
Estimated Monthly Salary: 111,990 RUB
Estimated Weekly Salary: 25,844 RUB per week
Estimated Hourly Salary: 646 RUB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 107,865 RUB
Estimated Weekly Salary: 24,892 RUB per week
Estimated Hourly Salary: 622 RUB per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 12,911 USD
Estimated Monthly Salary: 1,076 USD
Estimated Weekly Salary: 248 USD per week
Estimated Hourly Salary: 6 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: 1,343,884 RUB
Estimated Monthly Salary: 111,990 RUB
Estimated Weekly Salary: 25,844 RUB per week
Estimated Hourly Salary: 646 RUB per hour
By working as Economic Development Specialist a person can save up to 563 USD per month or 6,753 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 Russia, see costs of living in Russia.
Estimated Yearly Salary for Economic Development Specialist
Last revision of data: 2025-01-04
Data as of 2025
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Economic Development Specialist salary in Russia
Average Yearly Salary of Economic Development Specialist in Russia is approximately 1,343,884 RUB (12,911 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 Specialist do?
An economic development specialist is a professional who focuses on promoting economic growth and improving the overall economic well-being of a specific region or community. They analyze economic data, identify opportunities for growth, and develop strategies to attract investment and businesses. Economic development specialists often work closely with government agencies, community organizations, and businesses to implement plans and initiatives that stimulate economic activity. They may also assist in the development of policies and programs that support entrepreneurship, workforce development, and infrastructure improvement. Effective communication and collaboration skills are essential in this role, as economic development specialists must engage with various stakeholders and build partnerships to achieve their goals.
Skills: economic development, economic growth, business attraction, community development, strategic planning, policy development
Job industry: Government
Job industry: Government
How much does Economic Development Specialist make?
Salary details
How much does Economic Development Specialist make?Estimated Yearly Salary: 1,343,884 RUB
Estimated Monthly Salary: 111,990 RUB
Estimated Weekly Salary: 25,844 RUB per week
Estimated Hourly Salary: 646 RUB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 1,294,384 RUBEstimated Monthly Salary: 107,865 RUB
Estimated Weekly Salary: 24,892 RUB per week
Estimated Hourly Salary: 622 RUB per hour
Last revision of data: 2024-01-05Economic Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 12,911 USD
Estimated Monthly Salary: 1,076 USD
Estimated Weekly Salary: 248 USD per week
Estimated Hourly Salary: 6 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
Compare salary to other countries
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Salary comparison to National average
Russia, officially known as the Russian Federation, is the largest country in the world by land area. It spans across Eastern Europe and Northern Asia, covering approximately 17.1 million square kilometers. With a population of over 145 million people, Russia is the ninth most populous country globally. Its capital city is Moscow, which is also the most populous city in the country.
Estimated national average yearly salary is 1,224,752 RUB (12,830 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in Russia.
Comparison shows that a person working as Economic Development Specialist in Russia earns on average:
1.1 times the average salary (or 110% of average salary).
Estimated national average yearly salary is 1,224,752 RUB (12,830 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in Russia.
Comparison shows that a person working as Economic Development Specialist in Russia earns on average:
1.1 times the average salary (or 110% of average salary).
Is Economic Development Specialist a well paid job?
Yes, our data show that Economic Development Specialist is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Economic Development Specialist?
High salary for Economic Development Specialist would be somewhere between 1,478,272 RUB and 1,948,632 RUB. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Development Specialist in Russia?
Living in Russia the approximate monthly expenses are: 513 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: 1,343,884 RUB
Estimated Monthly Salary: 111,990 RUB
Estimated Weekly Salary: 25,844 RUB per week
Estimated Hourly Salary: 646 RUB per hour
By working as Economic Development Specialist a person can save up to 563 USD per month or 6,753 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 Russia, see costs of living in Russia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Georgia, Azerbaijan, Kazakhstan, China, Mongolia, North Korea.. 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 Specialist
Norway is 96,091 USD
Finland is 54,747 USD
Estonia is 27,823 USD
Latvia is 21,656 USD
Lithuania is 23,860 USD
Poland is 18,442 USD
Ukraine is 4,280 USD
China is 12,895 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 Russia
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10. Plastic surgeon
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Data as of 2025Random salary:
Freelance writer (941,497 RUB per year, pre-tax.)
Recruiting manager (1,948,856 RUB per year, pre-tax.)
Nephrologist (5,628,584 RUB per year, pre-tax.)
Fire inspector (979,801 RUB per year, pre-tax.)
Assistant estimator construction (1,221,688 RUB per year, pre-tax.)
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Please note:The salary figures presented here are intended for informational purposes only.
optisalary.com aggregates salary data for reference purposes only. While we strive to deliver correct estimates, we do not ensure their absolute precision. Users are highly advised to consult other sources before making financial decisions. Salary amounts fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We make no guarantees as to the correctness of the listed information. Your access of this site indicates agreement of this disclaimer.
optisalary.com aggregates salary data for reference use exclusively. While we strive to present correct figures, we do not warrant their full reliability. Users are strongly encouraged to check with additional databases before making financial decisions. Salary figures fluctuate based on multiple factors, such as location, job role, and individual qualifications. We do not offer any claims as to the validity of the listed information. Your access of this site indicates acceptance of this notice.