Economist Salary in Philippines

Economist Salary Table

Salary by Experience

Tax & Cost of Living

Demand Outlook

Economist Pay in Philippines: The Numbers

The middle 50% of economists in Philippines earn between ₱1,520,000 and ₱2,270,000 a year, with the median at ₱1,840,000. Where you fall in that range depends mostly on three things: years of experience, employer type, and specialization. This is largely location-bound work, so local market conditions and the strength of Philippines's economy set the ceiling more than international rates do.

Global Pay Rankings for Economists

Converted to US dollars, the median economist salary in Philippines is $29,895 — 26% of what the same role pays in the United States ($115,000). The highest-paying countries we track for this role are Singapore ($194,966), Ireland ($177,072), Qatar ($169,505). Raw exchange-rate comparisons undersell local earnings, though: costs for housing, food, and services in Philippines are proportionally lower, so the lifestyle a median salary buys is better than the USD figure implies.

Salary Growth by Experience

A newcomer to the field in Philippines typically starts around ₱1,250,000. By mid-career the median reaches ₱1,840,000, and senior professionals command ₱2,540,000 or more — roughly 2.0x the entry-level figure. The steepest percentage gains usually come in the first five to eight years; after that, moving into leadership, changing employers strategically, or specializing tends to matter more than tenure alone.

Demand for Economists in Philippines

Demand for economists in Philippines is moderate, scoring 59/100 on our demand index. Only around 55% of roles in this field offer remote flexibility, so opportunities concentrate where employers physically operate — typically larger cities and industrial regions. Employers currently hold moderate leverage, so differentiating through specialization or certifications materially improves outcomes.

Real Purchasing Power

Inflation in Philippines is a modest 1.7%, so nominal salary figures translate fairly directly into stable purchasing power. Raises above 1.7% represent genuine real-terms gains.

Required Skills and Education

The standard entry route is master's or phd in economics. Day to day, the skills that consistently correlate with higher pay in this field are econometrics, statistical software, policy analysis — and, at senior levels, forecasting and research writing. In interviews, evidence beats credentials: portfolios, measurable outcomes, and references matter more to the final offer than the certificate list.

Related Career Paths

Skills from this role transfer well into adjacent positions such as Financial Analyst, Data Scientist, Professor. Lateral moves like these are one of the most reliable ways to accelerate pay growth in Philippines — particularly moves toward roles with higher demand scores or greater remote flexibility.