Home > Salary > Saudi Arabia > Forecast Analyst
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Estimated Yearly Salary: 136,034 SAR
Estimated Monthly Salary: 11,336 SAR
Estimated Weekly Salary: 2,616 SAR per week
Estimated Hourly Salary: 65 SAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,927 SAR
Estimated Weekly Salary: 2,522 SAR per week
Estimated Hourly Salary: 63 SAR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 33,805 USD
Estimated Monthly Salary: 2,817 USD
Estimated Weekly Salary: 650 USD per week
Estimated Hourly Salary: 16 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: 136,034 SAR
Estimated Monthly Salary: 11,336 SAR
Estimated Weekly Salary: 2,616 SAR per week
Estimated Hourly Salary: 65 SAR per hour
By working as Forecast Analyst a person can save up to 1,713 USD per month or 20,562 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 Forecast Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Equity research associate (167,208 SAR per year, pre-tax.)
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Senior drafter (83,192 SAR per year, pre-tax.)
Underwriter commercial real estate (133,466 SAR per year, pre-tax.)
Forecast Analyst salary in Saudi Arabia
Average Yearly Salary of Forecast Analyst in Saudi Arabia is approximately 136,034 SAR (33,805 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 Forecast Analyst do?
A forecast analyst is responsible for analyzing data and trends to predict future sales or demand for a company's products or services. They gather and analyze historical data, market research, and industry trends to develop accurate forecasts. The forecasts help companies make informed decisions regarding production, inventory management, and resource allocation. Forecast analysts use statistical models, software tools, and their analytical skills to identify patterns and make predictions. They collaborate with various departments such as sales, marketing, and supply chain to gather relevant data and ensure the accuracy of the forecasts. They also monitor and evaluate the accuracy of the forecasts and make adjustments as needed. Strong analytical skills, attention to detail, and proficiency in data analysis tools are essential for this role.
Skills: forecast analyst, data analysis, trend analysis, demand forecasting, statistical modeling, inventory management
Job industry: Finance
Job industry: Finance
How much does Forecast Analyst make?
Salary details
How much does Forecast Analyst make?Estimated Yearly Salary: 136,034 SAR
Estimated Monthly Salary: 11,336 SAR
Estimated Weekly Salary: 2,616 SAR per week
Estimated Hourly Salary: 65 SAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 131,120 SAREstimated Monthly Salary: 10,927 SAR
Estimated Weekly Salary: 2,522 SAR per week
Estimated Hourly Salary: 63 SAR per hour
Last revision of data: 2024-01-06Forecast Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 33,805 USD
Estimated Monthly Salary: 2,817 USD
Estimated Weekly Salary: 650 USD per week
Estimated Hourly Salary: 16 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
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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 Forecast Analyst job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Forecast Analyst in Saudi Arabia earns on average:
1.31 times the average salary (or 131% of average salary).
Estimated national average yearly salary is 103,462 SAR (27,590 USD). Value indicated is pre-tax. Below graph shows estimated Forecast Analyst job salary compared to average salary in Saudi Arabia.
Comparison shows that a person working as Forecast Analyst in Saudi Arabia earns on average:
1.31 times the average salary (or 131% of average salary).
Is Forecast Analyst a well paid job?
Yes, our data shows that Forecast Analyst 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 Forecast Analyst?
High salary for Forecast Analyst would be somewhere between 149,637 SAR and 197,249 SAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Forecast Analyst 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: 136,034 SAR
Estimated Monthly Salary: 11,336 SAR
Estimated Weekly Salary: 2,616 SAR per week
Estimated Hourly Salary: 65 SAR per hour
By working as Forecast Analyst a person can save up to 1,713 USD per month or 20,562 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 Forecast Analyst
Jordan is 11,694 USD
Iraq is 7,365 USD
Kuwait is 16,434 USD
Qatar is 86,402 USD
Bahrain is 21,951 USD
United Arab Emirates is 60,419 USD
Oman is 11,150 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:
Equity research associate (167,208 SAR per year, pre-tax.)
Dental ceramist (99,722 SAR per year, pre-tax.)
Plant pathologist (185,326 SAR per year, pre-tax.)
Senior drafter (83,192 SAR per year, pre-tax.)
Underwriter commercial real estate (133,466 SAR per year, pre-tax.)
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