Home > Salary > Singapore > 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: 134,756 SGD
Estimated Monthly Salary: 11,230 SGD
Estimated Weekly Salary: 2,591 SGD per week
Estimated Hourly Salary: 65 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,865 SGD
Estimated Weekly Salary: 2,507 SGD per week
Estimated Hourly Salary: 63 SGD per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 67,469 USD
Estimated Monthly Salary: 5,622 USD
Estimated Weekly Salary: 1,297 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 134,756 SGD
Estimated Monthly Salary: 11,230 SGD
Estimated Weekly Salary: 2,591 SGD per week
Estimated Hourly Salary: 65 SGD per hour
By working as Economic Development Specialist a person can save up to 2,934 USD per month or 35,213 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 Singapore, see costs of living in Singapore.
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 Singapore
Average Yearly Salary of Economic Development Specialist in Singapore is approximately 134,756 SGD (67,469 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: 134,756 SGD
Estimated Monthly Salary: 11,230 SGD
Estimated Weekly Salary: 2,591 SGD per week
Estimated Hourly Salary: 65 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 130,382 SGDEstimated Monthly Salary: 10,865 SGD
Estimated Weekly Salary: 2,507 SGD per week
Estimated Hourly Salary: 63 SGD per hour
Last revision of data: 2024-01-03Economic Development Specialist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 67,469 USD
Estimated Monthly Salary: 5,622 USD
Estimated Weekly Salary: 1,297 USD per week
Estimated Hourly Salary: 32 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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
Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Economic Development Specialist in Singapore earns on average:
1.41 times the average salary (or 141% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Economic Development Specialist job salary compared to average salary in Singapore.
Comparison shows that a person working as Economic Development Specialist in Singapore earns on average:
1.41 times the average salary (or 141% of average salary).
Is Economic Development Specialist a well paid job?
Yes, our data shows that Economic Development Specialist 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 Development Specialist?
High salary for Economic Development Specialist would be somewhere between 148,232 SGD and 195,396 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Economic Development Specialist in Singapore?
Living in Singapore the approximate monthly expenses are: 2,688 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: 134,756 SGD
Estimated Monthly Salary: 11,230 SGD
Estimated Weekly Salary: 2,591 SGD per week
Estimated Hourly Salary: 65 SGD per hour
By working as Economic Development Specialist a person can save up to 2,934 USD per month or 35,213 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 Singapore, see costs of living in Singapore.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Malaysia, Indonesia. 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
Malaysia is 17,838 USD
Indonesia is 10,593 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 Singapore
(1,400,313 SGD per year, pre-tax.)
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5. Neurosurgeon
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7. Oncologist
(1,067,130 SGD per year, pre-tax.)
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Data as of 2025Random salary:
Oil burner mechanic (65,810 SGD per year, pre-tax.)
Freezer manager (68,854 SGD per year, pre-tax.)
Database administration (dba), manager (159,280 SGD per year, pre-tax.)
Army private first class infantry (55,319 SGD per year, pre-tax.)
Account payable associate (99,930 SGD per year, pre-tax.)
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