Regional development analyst (economist) - Salary and Career

Regional development analyst (economist) - 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 Regional development analyst (economist) earn

A Regional development analyst (economist) earns between $1.513 and $11.627 per month, with an average monthly salary of $4.363 and a median salary of $3.500 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 29 professionals hired and dismissed by the period from 06/2021 to 05/2022 (last year).

Salary ranges for the Regional development analyst (economist)

Monthly Salary Annual Salary Salary Per Week Hourly Salary
Average wage 4.363 52.359 1.091 21
1º Quartile 1.513 18.162 378 7
Median Salary 3.500 42.000 875 17
3º Quartile 8.867 106.405 2.217 43
Higher Salary 11.627 139.522 2.907 56

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 Regional development analyst (economist)

Economists must:

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

  • Activities

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

    Sectors that hire Regional development analyst (economist) the most in the job market

    • general public administration
    • manufacture of agricultural pesticides
    • development of computer programs and software in general
    • activities of employer and business associative organizations
    • multiple banks, with commercial portfolio
    • activities of associative organizations linked to culture and art
    • manufacture of peripherals for computer equipment
    • business management consulting activities
    • development and licensing of non-customizable computer programs
    • welfare services without accommodation

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