Economist Salary in South Africa

In South Africa, Economist professionals command an average salary of R174 000 monthly. The compensation structure reflects the specialized nature of this finance role, with earnings potential between R36 502 and R766 348 monthly. The field demonstrates promising career prospects with 5% expected growth and medium employment demand.

Economist Salary Breakdown

Analyzes economic data, trends, and theories to forecast economic activity, advise on policy, or assess market conditions. This role involves complex quantitative analysis, statistical modeling, and presenting findings to governments, businesses, or academic institutions to inform strategic decisions.

Salary Component	Amount (Monthly)
Minimum Salary	R36 502
Average Salary	R174 000
Maximum Salary	R766 348
Category	Finance
Growth Rate	5%
Market Demand	Medium

Requirements & Qualifications

Bachelor's or Master's Degree in Economics; PhD often required for senior research roles

Strong background in microeconomics, macroeconomics, econometrics, and statistics

Proficiency in statistical software (e.g., Stata, EViews, R, Python)

Excellent analytical, quantitative, and research skills

Ability to interpret complex economic data and models

Strong written and verbal communication skills for reports and presentations

Critical thinking and problem-solving abilities for economic challenges

Understanding of economic policy and market dynamics

Related Careers in Finance

Career Title

Avg Salary