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Economics Consultant salary in Saudi Arabia

Average Yearly Salary of Economics Consultant in Saudi Arabia is approximately 197,383 SAR (49,123 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 Economics Consultant do?

occupation personasAn economics consultant is a professional who provides expert advice and guidance on economic matters to businesses, governments, and organizations. They analyze economic data, conduct research, and utilize economic theories and models to help clients make informed decisions and develop strategies. Economics consultants may specialize in various areas such as market research, financial analysis, public policy, or international trade. Their responsibilities include assessing economic trends, forecasting market conditions, evaluating the impact of policies and regulations, and recommending strategies for growth and optimization. They may also assist with cost-benefit analysis, feasibility studies, and economic impact assessments. Strong analytical skills, knowledge of economic principles, and proficiency in statistical analysis are essential for this role.

Skills: Economics consultant, Economic analysis, Market research, Financial analysis, Public policy, International trade.
Job industry: Consulting


How much does Economics Consultant make?

Salary details
How much does Economics Consultant make?
Estimated Yearly Salary: 197,383 SAR
Estimated Monthly Salary: 16,449 SAR
Estimated Weekly Salary: 3,796 SAR per week
Estimated Hourly Salary: 95 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 190,060 SAR
Estimated Monthly Salary: 15,838 SAR
Estimated Weekly Salary: 3,655 SAR per week
Estimated Hourly Salary: 91 SAR per hour
Last revision of data: 2024-01-06



Economics Consultant estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 49,123 USD
Estimated Monthly Salary: 4,094 USD
Estimated Weekly Salary: 945 USD per week
Estimated Hourly Salary: 24 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 Economics Consultant job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Economics Consultant in Saudi Arabia earns on average:
1.91 times the average salary (or 191% of average salary).

Is Economics Consultant a well paid job?

Yes, our data shows that Economics 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 Economics Consultant?

High salary for Economics Consultant would be somewhere between 217,121 SAR and 286,205 SAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economics 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: 197,383 SAR
Estimated Monthly Salary: 16,449 SAR
Estimated Weekly Salary: 3,796 SAR per week
Estimated Hourly Salary: 95 SAR per hour
By working as Economics Consultant a person can save up to 2,990 USD per month or 35,880 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 Economics Consultant

Jordan is 16,874 USDdown arrow 66%
Details on Economics Consultant salary in Jordan
Iraq is 10,721 USDdown arrow 78%
Details on Economics Consultant salary in Iraq
Kuwait is 23,831 USDdown arrow 51%
Details on Economics Consultant salary in Kuwait
Qatar is 125,469 USDup arrow 155%
Details on Economics Consultant salary in Qatar
Bahrain is 31,895 USDdown arrow 35%
Details on Economics Consultant salary in Bahrain
United Arab Emirates is 87,055 USDup arrow 77%
Details on Economics Consultant salary in United Arab Emirates
Oman is 16,176 USDdown arrow 67%
Details on Economics Consultant salary in Oman
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 Saudi Arabia

(1,155,796 SAR per year, pre-tax.)
(962,048 SAR per year, pre-tax.)
(923,476 SAR per year, pre-tax.)
(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.)
(873,306 SAR per year, pre-tax.)
(872,951 SAR per year, pre-tax.)

Data as of 2025

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