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Financial Economist salary in Uganda

Average Yearly Salary of Financial Economist in Uganda is approximately 14,337,914 UGX (3,643 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?

occupation personasA 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


How much does Financial Economist make?

Salary details
How much does Financial Economist make?
Estimated Yearly Salary: 14,337,914 UGX
Estimated Monthly Salary: 1,194,826 UGX
Estimated Weekly Salary: 275,729 UGX per week
Estimated Hourly Salary: 6,893 UGX per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,801,919 UGX
Estimated Monthly Salary: 1,150,160 UGX
Estimated Weekly Salary: 265,422 UGX per week
Estimated Hourly Salary: 6,636 UGX per hour
Last revision of data: 2024-01-09



Financial Economist estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 3,643 USD
Estimated Monthly Salary: 304 USD
Estimated Weekly Salary: 70 USD per week
Estimated Hourly Salary: 2 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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Salary comparison to National average

Uganda is a landlocked country located in East Africa. It has a population of approximately 45 million people and covers an area of about 241,038 square kilometers. The country is bordered by South Sudan to the north, Kenya to the east, Tanzania and Rwanda to the south, and the Democratic Republic of the Congo to the west.

Estimated national average yearly salary is 4,485,000 UGX (1,250 USD). Value indicated is pre-tax. Below graph shows estimated Financial Economist job salary compared to average salary in Uganda.
Comparison shows that a person working as Financial Economist in Uganda earns on average:
3.2 times the average salary (or 320% 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 15,771,705 UGX and 20,789,975 UGX. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Economist in Uganda?

Living in Uganda the approximate monthly expenses are: 50 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: 14,337,914 UGX
Estimated Monthly Salary: 1,194,826 UGX
Estimated Weekly Salary: 275,729 UGX per week
Estimated Hourly Salary: 6,893 UGX per hour
By working as Financial Economist a person can save up to 254 USD per month or 3,043 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 Uganda, see costs of living in Uganda.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Kenya, South Sudan, Democratic Republic of the Congo, Rwanda, Tanzania.
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

Kenya is 17,496 USDup arrow 380%
Details on Financial Economist salary in Kenya
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Uganda

(50,940,232 UGX per year, pre-tax.)
(42,552,292 UGX per year, pre-tax.)
(41,077,897 UGX per year, pre-tax.)
(39,844,135 UGX per year, pre-tax.)
(39,697,505 UGX per year, pre-tax.)
(38,842,071 UGX per year, pre-tax.)
(38,812,832 UGX per year, pre-tax.)
(38,784,031 UGX per year, pre-tax.)
(38,749,803 UGX per year, pre-tax.)
(38,712,676 UGX per year, pre-tax.)

Data as of 2025

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Frequently searched careers by keyword and country
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Salary data displayed on this site is informational only. Our figures come from various inputs, but we do not guarantee absolute correctness. Users should always verify salary details with official platforms before making job-related decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no warranties about the completeness of the provided salary data. By navigating this site, you acknowledge these limitations.
Salary data displayed on this site is for reference exclusively. Our figures come from various inputs, but we cannot guarantee their accuracy. Users should always verify salary details with official platforms before making job-related commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the completeness of the provided salary data. By continuing to use this site, you agree these limitations.