Average Economist Salary in Germany

The line graph shows Economist salary in Germany on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Economist working less than a year in a company, you notice that their annual salary starts around 48.198,71 €.

As the years of experience reaches 1 to 4, there is a decrease of 5.608,07 € which would decline total wage to 42.590,64 €.

Once the experience reaches 5-9 years Economist salary would increase again to a total of 58.135,00 €, adding 15.544,36 € from the last salary increase.

The bar graph data indicates the importance of specific skills which can have a direct impact on Economist's salary. It clearly highlights the skills needed for a post of Economist when hired by an employer.

The most vital skill expected of Economist is Policy Analysis which impacts the most than the rest of the skills indicated with a staggering 22% comparatively. Therefore, one’s salary would greatly depend on their skills in Policy Analysis.

The skill least likely to affect one’s pay would be Research Analysis with 10%. It can be said that Research Analysis skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Economist. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is 42.874,00 € whereas the highest earning is 57.479,00 € which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of 57.479,00 € at 22%. So to summerize, Entry Level earns 2% less than the average salary, Early Career earns 9% less than the average salary, Mid Carrer earns 22% more than the average salary.