Home > Salary > Singapore > Senior Economist
A senior economist is a highly skilled professional who analyzes economic data, conducts research, and provides expert advice on economic issues. They are responsible for studying market trends, forecasting economic conditions, and assessing the impact of policies and regulations on various sectors. Senior economists often work in government agencies, research institutions, or consulting firms, where they play a crucial role in shaping economic policies and strategies.
Their job involves collecting and interpreting economic data, developing economic models and theories, and presenting findings to stakeholders and decision-makers. They may also be involved in conducting cost-benefit analyses, evaluating the effectiveness of economic policies, and providing recommendations for improvement. Strong analytical skills, proficiency in statistical analysis software, and a deep understanding of economic theories and principles are essential for this role.
Estimated Yearly Salary: 322,294 SGD
Estimated Monthly Salary: 26,858 SGD
Estimated Weekly Salary: 6,198 SGD per week
Estimated Hourly Salary: 155 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 25,881 SGD
Estimated Weekly Salary: 5,973 SGD per week
Estimated Hourly Salary: 149 SGD per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 160,597 USD
Estimated Monthly Salary: 13,383 USD
Estimated Weekly Salary: 3,088 USD per week
Estimated Hourly Salary: 77 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: 322,294 SGD
Estimated Monthly Salary: 26,858 SGD
Estimated Weekly Salary: 6,198 SGD per week
Estimated Hourly Salary: 155 SGD per hour
By working as Senior Economist a person can save up to 10,695 USD per month or 128,341 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 Senior Economist
Last revision of data: 2025-01-04
Data as of 2025
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Senior Economist salary in Singapore
Average Yearly Salary of Senior Economist in Singapore is approximately 322,294 SGD (160,597 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 Senior Economist do?
A senior economist is a highly skilled professional who analyzes economic data, conducts research, and provides expert advice on economic issues. They are responsible for studying market trends, forecasting economic conditions, and assessing the impact of policies and regulations on various sectors. Senior economists often work in government agencies, research institutions, or consulting firms, where they play a crucial role in shaping economic policies and strategies.
Their job involves collecting and interpreting economic data, developing economic models and theories, and presenting findings to stakeholders and decision-makers. They may also be involved in conducting cost-benefit analyses, evaluating the effectiveness of economic policies, and providing recommendations for improvement. Strong analytical skills, proficiency in statistical analysis software, and a deep understanding of economic theories and principles are essential for this role.
Skills: Senior Economist, Economic Analysis, Research, Economic Policy, Forecasting, Economic Modeling
Job industry: Finance and economics
Job industry: Finance and economics
How much does Senior Economist make?
Salary details
How much does Senior Economist make?Estimated Yearly Salary: 322,294 SGD
Estimated Monthly Salary: 26,858 SGD
Estimated Weekly Salary: 6,198 SGD per week
Estimated Hourly Salary: 155 SGD per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 310,572 SGDEstimated Monthly Salary: 25,881 SGD
Estimated Weekly Salary: 5,973 SGD per week
Estimated Hourly Salary: 149 SGD per hour
Last revision of data: 2024-01-09Senior Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 160,597 USD
Estimated Monthly Salary: 13,383 USD
Estimated Weekly Salary: 3,088 USD per week
Estimated Hourly Salary: 77 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 Senior Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Senior Economist in Singapore earns on average:
3.38 times the average salary (or 338% of average salary).
Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Senior Economist job salary compared to average salary in Singapore.
Comparison shows that a person working as Senior Economist in Singapore earns on average:
3.38 times the average salary (or 338% of average salary).
Is Senior Economist a well paid job?
Yes, our data show that Senior 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 Senior Economist?
High salary for Senior Economist would be somewhere between 354,523 SGD and 467,326 SGD. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior 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: 322,294 SGD
Estimated Monthly Salary: 26,858 SGD
Estimated Weekly Salary: 6,198 SGD per week
Estimated Hourly Salary: 155 SGD per hour
By working as Senior Economist a person can save up to 10,695 USD per month or 128,341 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 Senior Economist
Malaysia is 42,598 USD
Indonesia is 25,360 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
(1,091,467 SGD per year, pre-tax.)
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7. Oncologist
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(1,063,241 SGD per year, pre-tax.)
Data as of 2025Random salary:
Natural gas utility worker (55,319 SGD per year, pre-tax.)
Geotechnical engineer (175,796 SGD per year, pre-tax.)
Registered pharmacist (rph) (171,921 SGD per year, pre-tax.)
Journeyman auto mechanic (96,688 SGD per year, pre-tax.)
Generalinstitution cook (68,854 SGD per year, pre-tax.)
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