Home > Salary > Saudi Arabia > Economic Consultant
An economic consultant is a professional who provides expert advice and analysis on economic issues to businesses, organizations, or governments. They help clients understand and navigate the complexities of the economy, identify opportunities for growth, and mitigate risks. Economic consultants conduct research, collect and analyze data, develop models and forecasts, and provide recommendations based on their findings. They may also assist in policy development, market analysis, cost-benefit analysis, and strategic planning. Their expertise spans various areas such as macroeconomics, microeconomics, finance, statistics, and econometrics. Economic consultants work closely with clients to assess their needs, provide tailored solutions, and communicate their findings effectively.
Estimated Yearly Salary: 168,396 SAR
Estimated Monthly Salary: 14,033 SAR
Estimated Weekly Salary: 3,238 SAR per week
Estimated Hourly Salary: 81 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,533 SAR
Estimated Weekly Salary: 3,123 SAR per week
Estimated Hourly Salary: 78 SAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 42,060 USD
Estimated Monthly Salary: 3,505 USD
Estimated Weekly Salary: 809 USD per week
Estimated Hourly Salary: 20 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: 168,396 SAR
Estimated Monthly Salary: 14,033 SAR
Estimated Weekly Salary: 3,238 SAR per week
Estimated Hourly Salary: 81 SAR per hour
By working as Economic Consultant a person can save up to 2,401 USD per month or 28,817 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 Saudi Arabia, see costs of living in Saudi Arabia.
Estimated Yearly Salary for Economic Consultant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Outlet manager (87,761 SAR per year, pre-tax.)
Environmental health safety (ehs), specialist (104,220 SAR per year, pre-tax.)
Quality assurance technician (69,768 SAR per year, pre-tax.)
Travel writer (105,856 SAR per year, pre-tax.)
Quality improvement data analyst (114,844 SAR per year, pre-tax.)
Economic Consultant salary in Saudi Arabia
Average Yearly Salary of Economic Consultant in Saudi Arabia is approximately 168,396 SAR (42,060 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 Consultant do?
An economic consultant is a professional who provides expert advice and analysis on economic issues to businesses, organizations, or governments. They help clients understand and navigate the complexities of the economy, identify opportunities for growth, and mitigate risks. Economic consultants conduct research, collect and analyze data, develop models and forecasts, and provide recommendations based on their findings. They may also assist in policy development, market analysis, cost-benefit analysis, and strategic planning. Their expertise spans various areas such as macroeconomics, microeconomics, finance, statistics, and econometrics. Economic consultants work closely with clients to assess their needs, provide tailored solutions, and communicate their findings effectively.
Skills: economic consultant, economic analysis, business advisory, data analysis, forecasting, policy development
Job industry: Consulting
Job industry: Consulting
How much does Economic Consultant make?
Salary details
How much does Economic Consultant make?Estimated Yearly Salary: 168,396 SAR
Estimated Monthly Salary: 14,033 SAR
Estimated Weekly Salary: 3,238 SAR per week
Estimated Hourly Salary: 81 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 162,396 SAREstimated Monthly Salary: 13,533 SAR
Estimated Weekly Salary: 3,123 SAR per week
Estimated Hourly Salary: 78 SAR per hour
Last revision of data: 2024-01-03Economic Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 42,060 USD
Estimated Monthly Salary: 3,505 USD
Estimated Weekly Salary: 809 USD per week
Estimated Hourly Salary: 20 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
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
Salary comparison to National average
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is a country located in the Middle East. With a population of approximately 34 million people, it is the 40th most populous country in the world. The nation covers an area of about 2.15 million square kilometers, making it the 13th largest country globally. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south.
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Economic Consultant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Economic Consultant in Saudi Arabia earns on average:
1.63 times the average salary (or 163% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Economic Consultant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Economic Consultant in Saudi Arabia earns on average:
1.63 times the average salary (or 163% of average salary).
Is Economic Consultant a well paid job?
Yes, our data shows that Economic Consultant 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 Consultant?
High salary for Economic Consultant would be somewhere between 185,236 SAR and 244,174 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Consultant in Saudi Arabia?
Living in Saudi Arabia the approximate monthly expenses are: 1,104 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: 168,396 SAR
Estimated Monthly Salary: 14,033 SAR
Estimated Weekly Salary: 3,238 SAR per week
Estimated Hourly Salary: 81 SAR per hour
By working as Economic Consultant a person can save up to 2,401 USD per month or 28,817 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 Saudi Arabia, see costs of living in Saudi Arabia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Jordan, Iraq, Kuwait, Qatar, Bahrain, United Arab Emirates, Oman, Yemen. 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 Consultant
Jordan is 14,460 USD
Iraq is 9,129 USD
Kuwait is 20,364 USD
Qatar is 107,511 USD
Bahrain is 27,275 USD
United Arab Emirates is 74,321 USD
Oman is 13,859 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 Saudi Arabia
(1,155,796 SAR per year, pre-tax.)
2. Cardiologist
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
4. Neurosurgeon
(900,367 SAR per year, pre-tax.)
(897,041 SAR per year, pre-tax.)
(877,388 SAR per year, pre-tax.)
(874,133 SAR per year, pre-tax.)
(873,498 SAR per year, pre-tax.)
9. Urologist
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)
Data as of 2025Random salary:
Outlet manager (87,761 SAR per year, pre-tax.)
Environmental health safety (ehs), specialist (104,220 SAR per year, pre-tax.)
Quality assurance technician (69,768 SAR per year, pre-tax.)
Travel writer (105,856 SAR per year, pre-tax.)
Quality improvement data analyst (114,844 SAR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=saudi-arabia&job=economic-consultant'><img src='https://optisalary.com/wp-content/graphs/salary/economic-consultant-salary-in-saudi-arabia-2025.jpg' alt='economic consultant salary in saudi arabia 2025' title='economic consultant salary in saudi arabia 2025' /></a>
Please note:The salary estimates on optisalary.com are meant for reference purposes exclusively.
This website offers salary insights for educational purposes only. While we gather data from various sources, we cannot ensure absolute accuracy. Users are encouraged to consult external organizations before making any career decisions. Salaries fluctuate due to numerous elements, such as market demand, employer policies, and geographic location. We cannot provide warranty regarding the validity of the displayed salary data. Your continued access of this site confirms your acceptance of these terms.
The salary estimates on this website are meant for reference use only. We collect salary data from varied providers, but do not ensure complete precision. Users should independently verify salaries before making career commitments. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the validity of the listed salary data. By using this site, you agree that salary data is subject to updates.