₹1,138,734
Avg. Base Salary (INR)
/ year
Avg. Base Salary (INR)
25%
₹590k
MEDIAN
₹1m
75%
₹3m
The average salary for an Economist is ₹1,138,734 in 2025
Base Salary
₹590k - ₹3m
Bonus
₹0 - ₹440k
Total Pay
₹983k - ₹3m
Is Average Economist with Policy Analysis Skills Salary in Mumbai, Maharashtra your job title? Find out what you should be paid
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What Do Economists Do?
Economist Tasks
- Design and conduct research to identify trends, formulate forecast models.
- Advise the government, agencies, corporations, and/or banks about the adoption of financial policies.
- Compile reports and illustrations of research findings.
- Devise methods for data collection, sampling, and processing in regard to finance, labor, agriculture, commodities, trade, etc.
Find your market worth – how it works:
Common Health Benefits for a Economist
Medical
75%
None
25%
Gender Breakdown for Economists
Female
50.0%
Male
50.0%
This data is based on 2 survey responses. Learn more about the gender pay gap.
FAQs About Economists
What is the highest pay for Economists in Mumbai?
Our data indicates that the highest pay for an Economist in Mumbai is ₹NaN / year
What is the lowest pay for Economists in Mumbai?
Our data indicates that the lowest pay for an Economist in Mumbai is ₹NaN / year
How can Economists increase their salary?
Increasing your pay as an Economist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Economist that oversees more junior Economists, this experience can increase the likelihood to earn more.