Average Economist Salary in United Kingdom

£37,287
Avg. SalaryShow Hourly Rate
£4,112
Bonus
£4,000
Profit Sharing
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The average salary for an Economist in United Kingdom is £37,287.
10%
£25k
MEDIAN
£37k
90%
£63k
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United States (change)
Salary
£25k - £63k
Bonus
£15 - £12k
Profit Sharing
£0 - £4k
Total Pay
£25k - £68k

Your Market Worth Over Time

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Job Description for Economist

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.

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.
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.
Entry Level
12.2%
Early Career
47.3%
Mid Career
21.2%
Experienced
13.9%
Late Career
5.3%

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