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Average Economist Salary in United Kingdom

£37,381
Avg. SalaryShow Hourly Rate
£4,000
Bonus
£1,500
Profit Sharing
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The average salary for an Economist in United Kingdom is £37,381.
10%
£25k
MEDIAN
£37k
90%
£66k
Is Economist your job title? Find out what you should be paid
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Salary
£25k - £66k
Bonus
£15 - £15k
Profit Sharing
£0 - £2k
Total Pay
£25k - £69k
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What Do Economists Do?

Economist Tasks
  • Design and conduct research to identify trends, formulate forecast models.
  • Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
  • Compile reports and illustrations of research findings.
  • Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.

Career Paths

Explore the most common career paths for Economist. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Economist
Sr. Research & Development Manager
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Economist Job Listings

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What Are Popular Skills for Economists?

Skills in Research Analysis and Econometrics are correlated to pay that is above average. Skills that pay less than market rate include Statistical Analysis, Policy Analysis and Data Analysis.

What is the Pay by Experience Level for Economists?

An entry-level Economist with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of £29,720 based on 28 salaries. An early career Economist with 1-4 years of experience earns an average total compensation of £33,628 based on 117 salaries. A mid-career Economist with 5-9 years of experience earns an average total compensation of £46,522 based on 48 salaries. An experienced Economist with 10-19 years of experience earns an average total compensation of £52,157 based on 32 salaries. In their late career (20 years and higher), employees earn an average total compensation of £54,463.
Employees with Economist in their job title in London, England earn an average of 22.6% more than the national average. These job titles also find higher than average salaries in Sheffield, England: South Yorkshire (12.6% more) and London, England: London (4.5% more). The lowest salaries can be found in Glasgow, Scotland: Glasgow (14.1% less), Manchester, England: Manchester (6.4% less) and Edinburgh, Scotland: Edinburgh (6.4% less).

Years of Experience

This data is based on 239 survey responses.
Entry Level
11.7%
Early Career
49.0%
Mid Career
20.1%
Experienced
13.4%
Late Career
5.9%

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