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ECONOMIST / SALARY
Average Salary - Economist / South Africa SOUTH AFRICA


SALARY SURVEYS

14

UPDATED
April 2024
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AVERAGE SALARY / YEAR MOST TYPICAL SALARY / YEAR
Gross income
Net (after tax)

18.3 ZAR = 1 USD

661,517 ZAR

$36,158 USD
Johannesburg

694,888 ZAR

859,874 ZAR

$47,000 USD
Including "Johannesburg"
Excluding "Johannesburg"

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Average Salary / Economist / South Africa

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Average salary for Economist / South Africa is 661,517 ZAR per year. The most typical earning is 859,874 ZAR. All data are based on 14 salary surveys. Salaries are different between men and women. Men receive an average salary of 493,970 ZAR. Women receive a salary of 647,650 ZAR.

Based on education, the highest salaries receive people with Masters Degree with salary of 779,375 ZAR. The second most paid education level is Bachelors Degree with salary of 450,061 ZAR.

Different experiences affect earning as well. People with 4-8 Years of experience receive salary of 984,281 ZAR. Employees with 1-2 Years of experience receive 753,762 ZAR.

Levels / Economist / South Africa (Gross ZAR)

Salary Levels (ZAR) per Year Surveys [%]
54,900 ZAR - 91,499 ZAR
0 n/a
91,500 ZAR - 182,899 ZAR
1 100%
7.14%
183,000 ZAR - 274,399 ZAR
2 92.86%
14.29%
274,400 ZAR - 365,899 ZAR
0 n/a
365,900 ZAR - 457,399 ZAR
2 78.57%
14.29%
457,400 ZAR - 548,799 ZAR
0 n/a
548,900 ZAR - 640,299 ZAR
1 64.29%
7.14%
640,300 ZAR - 731,799 ZAR
1 57.14%
7.14%
731,800 ZAR - 823,299 ZAR
2 50%
14.29%
THE MOST TYPICAL SALARY
823,300 ZAR - 914,699 ZAR
3 35.71%
21.43%
914,800 ZAR - 1,006,199 ZAR
0 n/a
1,006,200 ZAR - 1,097,699 ZAR
1 14.29%
7.14%
1,097,700 ZAR - 1,189,199 ZAR
0 n/a
1,189,200 ZAR - 1,280,599 ZAR
0 n/a
1,280,700 ZAR - 1,372,099 ZAR
0 n/a
1,372,100 ZAR - 1,463,599 ZAR
1 7.14%
7.14%
1,463,600 ZAR - 1,555,099 ZAR
0 n/a
1,555,100 ZAR - 1,646,499 ZAR
0 n/a
1,646,600 ZAR - 1,737,999 ZAR
0 n/a
1,738,000 ZAR - 1,829,499 ZAR
0 n/a
1,829,500 ZAR - 1,920,999 ZAR
0 n/a
1,921,000 ZAR - 2,012,499 ZAR
0 n/a
2,012,500 ZAR - 2,103,899 ZAR
0 n/a
2,103,900 ZAR - 2,195,399 ZAR
0 n/a
2,195,400 ZAR - 2,286,899 ZAR
0 n/a
2,286,900 ZAR - 2,378,399 ZAR
0 n/a
2,378,400 ZAR - 2,469,799 ZAR
0 n/a
2,469,900 ZAR - 2,561,299 ZAR
0 n/a
2,561,300 ZAR - 2,652,799 ZAR
0 n/a
2,652,800 ZAR - 2,744,299 ZAR
0 n/a
HIGH SALARIES
2,744,300 ZAR - 2,927,199 ZAR
0 n/a
2,927,200 ZAR - 3,110,199 ZAR
0 n/a
3,110,200 ZAR - 3,293,099 ZAR
0 n/a
3,293,100 ZAR - 3,476,099 ZAR
0 n/a
3,476,100 ZAR - 3,658,999 ZAR
0 n/a
3,659,000 ZAR - 3,841,999 ZAR
0 n/a
3,842,000 ZAR - 4,024,899 ZAR
0 n/a
4,024,900 ZAR - 4,207,899 ZAR
0 n/a
4,207,900 ZAR - 4,390,799 ZAR
0 n/a
4,390,800 ZAR - 4,573,799 ZAR
0 n/a
4,573,800 ZAR - 6,403,299 ZAR
0 n/a
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Gender / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Women 4 647,650 ZAR
2 Men 6 493,970 ZAR

Education / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Masters Degree 9 779,375 ZAR
2 Bachelors Degree 5 450,061 ZAR

Experience / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 4-8 Years 5 984,281 ZAR
2 1-2 Years 1 753,762 ZAR
3 8-12 Years 2 609,230 ZAR
4 2-4 Years 3 409,812 ZAR
5 0-1 Year 3 378,710 ZAR

Age / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 n/a 4 925,737 ZAR
2 31-35 3 839,749 ZAR
3 26-30 4 514,095 ZAR
4 36-40 1 389,687 ZAR
5 21-25 2 294,552 ZAR

Work Type / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Permanent 12 739,126 ZAR
2 Contract 2 190,270 ZAR

Cities / Economist / South Africa (Gross ZAR)

# Surveys AVERAGE SALARY / YEAR
1 Tshwane 2 953,179 ZAR
2 Johannesburg 6 695,217 ZAR
3 Matlosana 1 612,889 ZAR
4 Cape Town 4 547,026 ZAR
5 Mbombela 1 389,687 ZAR

People's individual salary examples (surveys)

Manager
Posted 22 March 2022
City Education Experience Knowledge Gross salary / year
Johannesburg Masters Degree 1-2 Years Advanced 754,500 ZAR

Planning Officer
Posted 08 August 2020
City Education Experience Knowledge Gross salary / year
Mbombela Bachelors Degree 8-12 Years n/a 390,000 ZAR

Research Intern
Posted 25 April 2019
City Education Experience Knowledge Gross salary / year
Cape Town Masters Degree 0-1 Year n/a 202,800 ZAR


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