The average salary for an Economist in United Kingdom is £37,287.
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£25k - £63k
£15 - £12k
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£25k - £68k
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Job Description for Economist
Economists advise businesses and/or government organizations in different aspects of economics. Topics vary greatly, and they can include tax rates, health statistics, energy facts, transportation, international trade, and development. Through the use of different computer programs, economists can gather and present data. Economists generally have a good understanding of different sampling or survey techniques to gain information. The evaluation of both past and present information in the fiel…Read more
- 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.
Economist Job Listings
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Popular Skills for Economist
Skills in Econometrics and Data Modeling are correlated to pay that is above average. Skills that pay less than market rate include Statistical Analysis, Research Analysis and Data Analysis.
Pay by Experience Level for Economist
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 £29,434 based on 30 salaries. An early career Economist with 1-4 years of experience earns an average total compensation of £33,162 based on 116 salaries. A mid-career Economist with 5-9 years of experience earns an average total compensation of £46,333 based on 52 salaries. An experienced Economist with 10-19 years of experience earns an average total compensation of £52,110 based on 34 salaries. In their late career (20 years and higher), employees earn an average total compensation of £54,495.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Economist in their job title in Sheffield, England: South Yorkshire earn an average of 12.9% more than the national average. These job titles also find higher than average salaries in London, England: London (4.8% more). The lowest salaries can be found in Manchester, England: Manchester (26.2% less), Edinburgh, Scotland: Edinburgh (17.8% less) and Glasgow, Scotland: Glasgow (8.2% less).
Years of Experience
This data is based on 245 survey responses.