Economic analyst - Salary and Career

Economic analyst - Career description, activities, functions and salary

They analyze the economic environment, design and execute economic, market and economic feasibility research projects, among others. They participate in strategic and short-term planning and assess collective impact policies for the government, NGOs and other organizations. They manage economic-financial programming, operate in domestic and foreign markets, examine corporate finances. They can exercise mediation, expertise and arbitration.

How much does an Economic analyst earn

A Economic analyst earns between $2.031 and $17.576 per month, with an average monthly salary of $6.358 and a median salary of $4.931 according to an salary survey along with to data of professionals hired and fired by companies in the labor market.

Our research is based on the salaries of 1.872 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Economic analyst

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 6.358 76.302 1.590 31
1º Quartile 2.031 24.366 508 10
Median Salary 4.931 59.172 1.233 24
3º Quartile 13.404 160.850 3.351 65
Higher Salary 17.576 210.912 4.394 85

Professional job categories

  • Science and arts professionals
    • professionals of the social sciences and humanities
      • social scientists, psychologists
        • economists

Related Positions:

Main workplaces

Economists they work in companies of various economic activities such as financial intermediation, insurance and private pension, public administration, social security, economic consulting companies, in agriculture, livestock, industry and services related to these activities, in wholesale trade and trade intermediaries. They are mostly statutory or salaried employees with a formal contract, work as a team, with permanent supervision, in a closed environment and during daytime hours.

What does it take to work in the field of Economists

The exercise of these occupations requires a higher degree in economic sciences or a postgraduate degree in economics and registration with the Regional Council of Economics. The full performance of activities occurs after one or two years of experience in the area.

Functions and activities of Economic analyst

Economists must:

  • work in internal and external markets;
  • execute projects (economic research, market research, economic feasibility etc);
  • act in internal and external markets;
  • elaborate projects (economic research, market research, economic feasibility etc);
  • evaluate collective impact policies (government, ngos, other organizations);
  • manage economic-financial programming;
  • evaluating collective impact policies (government, ngos, other organizations);
  • demonstrate personal skills;
  • analyze economic environment;
  • exercising mediation, expertise and arbitration;
  • exercise mediation, expertise and arbitration;
  • examine corporate finance;
  • acting in domestic and foreign markets;
  • communicate;
  • participate in strategic and short-term planning;
  • acting in internal and external markets;
  • elaborate projects (economic research, markets, economic feasibility etc);

  • Activities

    • collect data;
    • write articles, books, economic bulletins and reports;
    • manage databases;
    • justify project;
    • transmit knowledge;
    • delimit object;
    • representing interests in national and international negotiations;
    • criticize data;
    • propose actions;
    • recruit staff;
    • define a schedule;
    • adapt language to the audience;
    • monitoring compliance with regulations;
    • demonstrate ability to use computer resources;
    • assist in marketing policies;
    • assist in the formulation of trade policies;
    • manage cash flow;
    • monitor budget execution;
    • teach courses;
    • estimate social and environmental impacts (externalities);
    • show creativity;
    • define schedule;
    • subsidize decisions;
    • select funding sources;
    • detect new markets;
    • verify company information (due diligence);
    • interpret results;
    • demonstrate leadership ability;
    • analyze socio-economic and environmental sustainability;
    • establish an arbitration award;
    • ask for comparative advantages;
    • analyze long-term trends;
    • value equity;
    • list action alternatives;
    • verify implementation of proposed actions;
    • determine sources;
    • perform financial statement analysis;
    • mediate conflicts of interest;
    • work as a team;
    • train staff;
    • interpret results;
    • perform sectoral and regional analyses;
    • give lectures;
    • coordinate projects;
    • manage customer portfolio (portfolio);
    • analyze conjunctures;
    • negotiate projects;
    • confront alternative costs;
    • estimate results;
    • mediate conflicts of interest;
    • establish arbitration award;
    • recommend policies;
    • delineate problem;
    • dialogue with the media;
    • scaling human and physical resources;
    • identify market structure (competition);
    • demonstrate verbal ability in foreign languages;
    • manage risks;
    • suggest technology adoption;
    • identify opportunities and threats in the environment and in the organization;
    • develop indicators;
    • perform credit analysis;
    • keep up to date;
    • estimate profitability and economic-financial viability;
    • estimate demand;
    • assess adequacy of actions to the problem;
    • build scenarios;
    • budget projects;
    • calculate company market value;
    • process data;
    • define methodology;
    • creating financial products;
    • analyze political-institutional environment;
    • indicate merger, acquisition, partnership etc;
    • formulate abstract concepts;
    • define products and results;
    • pricing products and services;
    • display communications at events;
    • show creativity;
    • apply quantitative methods;
    • plan investments (capital budgets);
    • reveal critical judgment;
    • estimate private costs;
    • develop collection instruments;
    • subsidizing the formulation of rules, regulations and contracts;
    • generate evaluation parameters;
    • confronting alternative costs;
    • measure consequences of actions;
    • monitor market indicators;
    • indicate merger, acquisition, partnership, etc;
    • checking barriers to competition;
    • indicate merger, acquisition, partnership etc;
    • criticize data;
    • browse bibliography;
    • demonstrate logical reasoning;
    • predict competitors' performance;
    • issuing reports and opinions;

    Sectors that hire Economic analyst the most in the job market

    • document preparation and specialized administrative support services
    • combined office and administrative support services
    • business management consulting activities
    • fund management activities by contract or commission
    • accounting activities
    • temporary labor lease
    • securities and securities brokers
    • multiple banks, with commercial portfolio
    • other service activities provided mainly to companies
    • activities of associations for the defense of social rights

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