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Economist Salary in India – Education Information, Average Salaries

Economist Salary

Economist’s primary activity is to analyze the socio economic and financial data, gave advices on economic decisions to various businesses and governments. Economist Salary in India along with educational qualification required to enter in this field is provided on this page. Candidate can also check the average Economist Salaries of different companies and locations.

Job duty of the Economist varies as per the industry but the role of an Economist is same, they have to collect and gather data to analyze and work on the economic issues. Know about Economist Salary, benefits etc in detailed way from this page.

Economist Salary in India

Average Economist Salary:

The average Economist Salary in India is Rs. 810,974.

SalaryRs. 203k – 3m
BonusRs. 5k – 524k
Profit SharingRs. 2k – 35k
Total PayRs. 205k – 3m

Economist Salaries in India (Company Wise):

Company NameEconomist Salary Per Month /Year
AmazonRs. 114K – 124K
ICICI BankRs. 112K – 122K
Axis BankRs. 2,770K – 3,011K
Canara BankRs. 77K – 83K
Reserve Bank of IndiaRs. 683K -741K
Confederation of Indian IndustryRs. 1,483K – 1,634K
param hans senior secondary schoolRs. 9K – 10K
India Africa Trade and Cultural AssociationRs. 542K – 585K
Wealth ManagementRs. 774K – 847K
Willis Towers WatsonRs. 59K – 64K
(Associate Economist)
CSTEPRs. 646K – 709K
(Research Economist)
Bureau of Energy EfficiencyRs. 50K – 55K
(Project Economist)

 Know About: Research Scientist Salaries in India

Economist Salaries by location:

LocationEconomist Salary
Economist in Mumbai, MaharashtraRs. 7,42,661 per year
Economist in Kolkata, West BengalRs. 3,16,953 per year
Economist in Sonepat Kutchery, HaryanaRs. 12,00,000 per year

Economists Pay by Experience Level:

ExperienceEconomists Pay Scale
with less than 1 year experience (entry-level )Rs. 523,887
with 1-4 years of experienceRs. 650,000
with 5-9 years of experienceRs. 1,001,028
with 10-19 years of experienceRs. 1,965,270

 Know Here: Data Scientist Salary In India

Pay Difference by Location:

LocationPay Difference
Hyderabad, Andhra Pradesh22%
New Delhi, Delhi54%
Chennai, Tamil Nadu1%
Mumbai, Maharashtra4%
Kolkata, West Bengal16%
Delhi, Delhi17%

Popular Skills for Economists:

ProfileAverage Salary
EconometricsRs. 1,017,365
Data AnalysisRs. 706,200
Research AnalysisRs. 840,000
Statistical AnalysisRs. 550,000
Policy AnalysisRs. 1,000,000

Check Pay Scale: CEO Salary in India

Economist Job Profile:

Economists analyze the data and trends by studying about the distribution and production of various goods and services to evaluate the economic issues.

Duties of Economists:

The following duties are involved in the Economists Job Description:

  • Conduct surveys
  • Gave solutions of economic problems
  • Analyze data using techniques and software
  • Suggests Advises on economic topics
  • Shows the results of research done in tables and charts
  • Collect data
  • Interpret market trends
  • Write articles for journals and media
  • Research on economic issues

Education Information:

Mostly for Economists Job, master’s degree or Ph.D. as an educational qualification is required. Some positions require graduate degree and relevant work experience in business or research organizations.

Check Latest Updates: Jobs by Qualification

Candidates can also pursue a bachelor degree with an advanced degree in economics but mathematics is essential. For Ph.D economics, after completion of bachelor degree, several years of study is required along with detailed research in a specific field.

Have a look on the Economist Salary in India before applying for the position in different companies and locations. All the details mentioned on this page is written by the team members of

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