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A financial economist is a professional who analyzes and studies various financial markets, economic trends, and investment opportunities. They use their expertise in economics, finance, and statistics to provide insights and recommendations on financial decisions. Financial economists may work in various sectors such as banking, investment firms, government agencies, or research institutions.
Their primary responsibilities include conducting economic research, analyzing financial data, forecasting market trends, and developing models to evaluate investment risks and returns. They also monitor economic indicators, such as interest rates, inflation rates, and employment levels, to assess the impact on financial markets. Financial economists often collaborate with other professionals, such as portfolio managers, traders, and risk analysts, to develop investment strategies and optimize portfolio performance.
Estimated Yearly Salary: 391,379 SGD
Estimated Monthly Salary: 32,615 SGD
Estimated Weekly Salary: 7,527 SGD per week
Estimated Hourly Salary: 188 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 31,619 SGD
Estimated Weekly Salary: 7,297 SGD per week
Estimated Hourly Salary: 182 SGD per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 195,807 USD
Estimated Monthly Salary: 16,317 USD
Estimated Weekly Salary: 3,766 USD per week
Estimated Hourly Salary: 94 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: 391,379 SGD
Estimated Monthly Salary: 32,615 SGD
Estimated Weekly Salary: 7,527 SGD per week
Estimated Hourly Salary: 188 SGD per hour
By working as Financial Economist a person can save up to 13,629 USD per month or 163,551 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 Financial Economist
Last revision of data: 2025-01-04
Data as of 2025
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Financial Economist salary in Singapore
Average Yearly Salary of Financial Economist in Singapore is approximately 391,379 SGD (195,807 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 Financial Economist do?
A financial economist is a professional who analyzes and studies various financial markets, economic trends, and investment opportunities. They use their expertise in economics, finance, and statistics to provide insights and recommendations on financial decisions. Financial economists may work in various sectors such as banking, investment firms, government agencies, or research institutions.
Their primary responsibilities include conducting economic research, analyzing financial data, forecasting market trends, and developing models to evaluate investment risks and returns. They also monitor economic indicators, such as interest rates, inflation rates, and employment levels, to assess the impact on financial markets. Financial economists often collaborate with other professionals, such as portfolio managers, traders, and risk analysts, to develop investment strategies and optimize portfolio performance.
Skills: Financial Economist, Economic Research, Financial Markets, Investment Analysis, Risk Management, Economic Trends
Job industry: Finance
Job industry: Finance
How much does Financial Economist make?
Salary details
How much does Financial Economist make?Estimated Yearly Salary: 391,379 SGD
Estimated Monthly Salary: 32,615 SGD
Estimated Weekly Salary: 7,527 SGD per week
Estimated Hourly Salary: 188 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 379,424 SGDEstimated Monthly Salary: 31,619 SGD
Estimated Weekly Salary: 7,297 SGD per week
Estimated Hourly Salary: 182 SGD per hour
Last revision of data: 2024-01-05Financial Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 195,807 USD
Estimated Monthly Salary: 16,317 USD
Estimated Weekly Salary: 3,766 USD per week
Estimated Hourly Salary: 94 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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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 Financial Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Financial Economist in Singapore earns on average:
4.1 times the average salary (or 410% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Financial Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Financial Economist in Singapore earns on average:
4.1 times the average salary (or 410% of average salary).
Is Financial Economist a well paid job?
Yes, our data show that Financial 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 Financial Economist?
High salary for Financial Economist would be somewhere between 430,517 SGD and 567,500 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial 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: 391,379 SGD
Estimated Monthly Salary: 32,615 SGD
Estimated Weekly Salary: 7,527 SGD per week
Estimated Hourly Salary: 188 SGD per hour
By working as Financial Economist a person can save up to 13,629 USD per month or 163,551 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 Financial Economist
Malaysia is 52,001 USD
Indonesia is 31,007 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.)
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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.)
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Data as of 2025Random salary:
Insurance underwriter healthcare (163,152 SGD per year, pre-tax.)
Molding and casting worker (59,134 SGD per year, pre-tax.)
Margin clerk (91,562 SGD per year, pre-tax.)
Grants assistant (112,008 SGD per year, pre-tax.)
Underwriter business banking (164,076 SGD per year, pre-tax.)
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