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An economist is a professional who studies and analyzes the production, distribution, and consumption of goods and services. They examine economic data, trends, and indicators to understand and predict the behavior of markets, industries, and economies. Economists use various mathematical and statistical models to conduct research and provide insights into important economic issues such as inflation, unemployment, fiscal policies, and international trade.
Their work involves conducting surveys, collecting and analyzing data, preparing reports, and making recommendations to governments, businesses, and organizations. Economists also evaluate the impact of policies and regulations on the economy and suggest strategies for improving efficiency and productivity.
Estimated Yearly Salary: 211,143 SGD
Estimated Monthly Salary: 17,595 SGD
Estimated Weekly Salary: 4,060 SGD per week
Estimated Hourly Salary: 102 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 16,969 SGD
Estimated Weekly Salary: 3,916 SGD per week
Estimated Hourly Salary: 98 SGD per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 105,405 USD
Estimated Monthly Salary: 8,784 USD
Estimated Weekly Salary: 2,027 USD per week
Estimated Hourly Salary: 51 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: 211,143 SGD
Estimated Monthly Salary: 17,595 SGD
Estimated Weekly Salary: 4,060 SGD per week
Estimated Hourly Salary: 102 SGD per hour
By working as Economist a person can save up to 6,096 USD per month or 73,149 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 Economist
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Appeals examiner (59,134 SGD per year, pre-tax.)
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Chief fashion designer (222,701 SGD per year, pre-tax.)
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Economist salary in Singapore
Average Yearly Salary of Economist in Singapore is approximately 211,143 SGD (105,405 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 Economist do?
An economist is a professional who studies and analyzes the production, distribution, and consumption of goods and services. They examine economic data, trends, and indicators to understand and predict the behavior of markets, industries, and economies. Economists use various mathematical and statistical models to conduct research and provide insights into important economic issues such as inflation, unemployment, fiscal policies, and international trade.
Their work involves conducting surveys, collecting and analyzing data, preparing reports, and making recommendations to governments, businesses, and organizations. Economists also evaluate the impact of policies and regulations on the economy and suggest strategies for improving efficiency and productivity.
Skills: Economist, Economic analysis, Market research, Policy evaluation, Data analysis, Economic forecasting
Job industry: Publishing
Job industry: Publishing
How much does Economist make?
Salary details
How much does Economist make?Estimated Yearly Salary: 211,143 SGD
Estimated Monthly Salary: 17,595 SGD
Estimated Weekly Salary: 4,060 SGD per week
Estimated Hourly Salary: 102 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 203,630 SGDEstimated Monthly Salary: 16,969 SGD
Estimated Weekly Salary: 3,916 SGD per week
Estimated Hourly Salary: 98 SGD per hour
Last revision of data: 2024-01-07Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 105,405 USD
Estimated Monthly Salary: 8,784 USD
Estimated Weekly Salary: 2,027 USD per week
Estimated Hourly Salary: 51 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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Country:
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 Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Economist in Singapore earns on average:
2.21 times the average salary (or 221% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Economist in Singapore earns on average:
2.21 times the average salary (or 221% of average salary).
Is Economist a well paid job?
Yes, our data show that Economist is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Economist?
High salary for Economist would be somewhere between 232,257 SGD and 306,157 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Economist 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: 211,143 SGD
Estimated Monthly Salary: 17,595 SGD
Estimated Weekly Salary: 4,060 SGD per week
Estimated Hourly Salary: 102 SGD per hour
By working as Economist a person can save up to 6,096 USD per month or 73,149 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 Economist
Malaysia is 27,928 USD
Indonesia is 16,604 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.)
2. Cardiologist
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
5. Neurosurgeon
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
7. Oncologist
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Appeals examiner (59,134 SGD per year, pre-tax.)
Divorce lawyer (170,725 SGD per year, pre-tax.)
Pastoral care head (163,732 SGD per year, pre-tax.)
Chief fashion designer (222,701 SGD per year, pre-tax.)
Governess (119,402 SGD per year, pre-tax.)
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