Average Economic Development Specialist Salary in Belgium for 2024

In this article, we will look at the average Economic Development Specialist salary for 2024 in Belgium and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does an Economic Development Specialist Make in Belgium?

An Economic Development Specialist working in Belgium will typically earn around 119,700 EUR per year, and this can range from the lowest average salary of about 60,400 EUR to the highest average salary of 187,300 EUR.

Average Annual Salary
119,700 EUR
Average Monthly Salary
9,975 EUR

Lowest Annual Salary
60,400 EUR
Lowest Monthly Salary
5,033 EUR

Highest Annual Salary
187,300 EUR
Highest Monthly Salary
15,608 EUR

These are average salaries for an Economic Development Specialist in Belgium and include benefits such as housing and transport. It's also possible for an Economic Development Specialist to earn more or less than the average salaries shown above.

Economic Development Specialist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Economic Development Specialist Salaries in Belgium

So we've looked at the average salaries an Economic Development Specialist will earn in Belgium. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Economic Development Specialist can earn between 60,400 EUR and 187,300 EUR on average in Belgium. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Economic Development Specialist in Belgium is 123,400 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 123,400 EUR, and 50% of the population earn more than 123,400 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Economic Development Specialist salary in Belgium, 25% of the population are earning less than 82,200 EUR while 75% of the population earn more than 82,200 EUR.

75% of the population earn less than 159,100 EUR, and 25% of the population earn more than 159,100 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Economic Development Specialist Salary by Experience Level in Belgium

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average economic development specialist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Economic Development Specialist in Belgium that has less than two years of experience can expect to earn somewhere in the region of 68,320 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Economic Development Specialist salary would increase to 87,940 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Economic Development Specialist, the average salary would be 125,100 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 152,300 EUR.
  • 15 - 20 Years Experience. An Economic Development Specialist with 15 to 20 years of experience can earn an average of 163,800 EUR.
  • 20+ Years Experience. For an Economic Development Specialist with more than 20 years, the expected average salary increases to 174,000 EUR.

Average Salary by Experience Chart

0-2 Years
68,320 EUR
2-5 Years +29%
87,940 EUR
5-10 Years +38%
125,100 EUR
10-15 Years +24%
152,300 EUR
15-20 Years +7%
163,800 EUR
20+ Years +7%
174,000 EUR

Economic Development Specialist Salary by Education Level in Belgium

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Economic Development Specialist in Belgium based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. An Economic Development Specialist in Belgium with a bachelor's degree education can earn an average salary of 82,160 EUR.

  • Master's Degree. An Economic Development Specialist in Belgium with a master's degree education can earn an average salary of 112,000 EUR.

  • PhD. An Economic Development Specialist in Belgium with a phd education can earn an average salary of 185,100 EUR.

Average Salary by Education Chart

Bachelor's Degree
82,160 EUR
Master's Degree +38%
112,000 EUR
PhD +64%
185,100 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Belgium is around 30,700 to 92,200 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Economic Development Specialist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Belgium, a male economic development specialist will earn an average of 125,100 EUR, while a female economic development specialist will earn around 115,620 EUR.

This means that a male economic development specialist earns approximately 8% more than a female economic development specialist for performing the same job.

Average Salary by Gender Chart in Belgium

Male
125,100 EUR
Female -8%
115,620 EUR

Economic Development Specialist Average Pay Raise in Belgium

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Economic Development Specialist in Belgium is around 12% every 18 months.

The national average pay raise across all professions and industries in Belgium is around 8% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 18 ) × 12  = 8%

What this means is that an Economic Development Specialist in Belgium can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Belgium for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Belgium.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Economic Development Specialist Bonus and Incentive Rates in Belgium

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Economic Development Specialist is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.

Received Bonus
59%
No Bonus
41%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Belgium earn approximately 8% more than private sector employees in the same role.

Public Sector
76,540 EUR
Private Sector -8%
70,600 EUR

Salaries for Jobs Similar to an Economic Development Specialist

In the table below, we have salary information for jobs that are similar to an Economic Development Specialist in Belgium.

Job Title Category Salary
3D Lab Technologist Science and Technical Services 74,380 EUR
Algorithm Developer Science and Technical Services 99,920 EUR
Analytical Chemist Science and Technical Services 139,100 EUR
Anthropologist Science and Technical Services 105,800 EUR
Archeologist Science and Technical Services 92,900 EUR
Assistant Breeder Science and Technical Services 49,360 EUR
Astronomer Science and Technical Services 158,700 EUR
Atmospheric and Space Scientist Science and Technical Services 136,200 EUR
Behavior Analyst Science and Technical Services 89,980 EUR
Behavior Intervention Specialist Science and Technical Services 103,900 EUR
Behavior Specialist Science and Technical Services 95,980 EUR
Biochemist Science and Technical Services 157,600 EUR
Biofuels Processing Technician Science and Technical Services 62,860 EUR
Biofuels Production Manager Science and Technical Services 112,620 EUR
Biologist Science and Technical Services 148,300 EUR
Biomedical Laboratory Officer Science and Technical Services 61,620 EUR
Biomedical Scientist Science and Technical Services 150,000 EUR
Biophysicist Science and Technical Services 152,300 EUR
Chemical Engineer Science and Technical Services 74,940 EUR
Chemical Technologist Science and Technical Services 75,280 EUR
Chemist Science and Technical Services 142,300 EUR
Chief Technologist Science and Technical Services 128,900 EUR
Climate Change Analyst Science and Technical Services 101,120 EUR
Clinical Laboratory Scientist Science and Technical Services 148,300 EUR
Computer Scientist Science and Technical Services 119,900 EUR
Conservation Scientist Science and Technical Services 119,700 EUR
Data Science Specialist Science and Technical Services 99,340 EUR
Data Scientist Science and Technical Services 117,660 EUR
DNA Analyst Science and Technical Services 154,700 EUR
Ecologist Science and Technical Services 115,620 EUR
Flavourist Science and Technical Services 54,140 EUR
Food Scientist Science and Technical Services 101,020 EUR
Forensic Scientist Science and Technical Services 125,100 EUR
Formulation Technologist Science and Technical Services 62,420 EUR
Fraud Investigator Science and Technical Services 77,060 EUR
Genomics Scientist Science and Technical Services 152,000 EUR
Geographer Science and Technical Services 80,540 EUR
Geographic Information Systems Technician Science and Technical Services 56,140 EUR
Geological Data Technician Science and Technical Services 56,640 EUR
Geological Technician Science and Technical Services 68,360 EUR
Geologist Science and Technical Services 129,000 EUR
Geomatics Scientist Science and Technical Services 118,520 EUR
Geophysical Data Technician Science and Technical Services 52,180 EUR
Geospatial Information Scientist and Technologist Science and Technical Services 117,440 EUR
Global Technical Lead Science and Technical Services 159,400 EUR
Hydrologist Science and Technical Services 102,020 EUR
Industrial Ecologist Science and Technical Services 103,140 EUR
Intelligence Analyst Science and Technical Services 92,880 EUR
Knowledge Management Specialist Science and Technical Services 78,940 EUR
Lab Analyst Science and Technical Services 67,020 EUR
Lab Manager Science and Technical Services 105,440 EUR
Lab Technician Science and Technical Services 49,300 EUR
Laboratory Manager Science and Technical Services 103,260 EUR
Laboratory Researcher Science and Technical Services 76,540 EUR
Laboratory Technician Science and Technical Services 51,340 EUR
Life Sciences Analyst Science and Technical Services 99,460 EUR
Life Scientist Science and Technical Services 112,180 EUR
Marine Architect Science and Technical Services 101,840 EUR
Marine Biologist Science and Technical Services 112,560 EUR
Marine Superintendent Science and Technical Services 67,320 EUR
Materials Analyst Science and Technical Services 66,680 EUR
Materials Scientist Science and Technical Services 112,460 EUR
Mathematician Science and Technical Services 121,388 EUR
Medical Scientist Science and Technical Services 159,500 EUR
Metallurgist Science and Technical Services 113,840 EUR
Meteorologist Science and Technical Services 103,580 EUR
Microbiologist Science and Technical Services 157,600 EUR
Natural Language Processing Researcher Science and Technical Services 98,820 EUR
Natural Resource Specialist Science and Technical Services 93,120 EUR
Natural Resources Analyst Science and Technical Services 101,920 EUR
Natural Sciences Manager Science and Technical Services 138,800 EUR
Nuclear Engineer Science and Technical Services 161,300 EUR
Physical Scientist Science and Technical Services 117,860 EUR
Physicist Science and Technical Services 152,000 EUR
Political Scientist Science and Technical Services 119,900 EUR
Polygraph Examiner Science and Technical Services 45,600 EUR
Polysomnographic Technologist Science and Technical Services 72,360 EUR
Product Development Scientist Science and Technical Services 128,500 EUR
Quantitative Research Analyst Science and Technical Services 106,740 EUR
Quantitative Researcher Science and Technical Services 109,000 EUR
Radiation Protection Specialist Science and Technical Services 90,980 EUR
Refrigeration Technician Science and Technical Services 41,660 EUR
Research Scientist Science and Technical Services 109,720 EUR
Risk Safety Engineer Science and Technical Services 70,940 EUR
Scientific Photographer Science and Technical Services 70,260 EUR
Scientific Programmer Science and Technical Services 99,080 EUR
Scientist Science and Technical Services 114,820 EUR
Service Engineer Science and Technical Services 67,120 EUR
Service Technician Science and Technical Services 49,560 EUR
Social Science Research Assistant Science and Technical Services 64,920 EUR
Social Scientist Science and Technical Services 117,860 EUR
Sociologist Science and Technical Services 118,260 EUR
Soil Scientist Science and Technical Services 102,460 EUR
Statistical Analyst Science and Technical Services 72,360 EUR
Statistical Assistant Science and Technical Services 52,880 EUR
Statistician Science and Technical Services 112,280 EUR
Survey Analyst Science and Technical Services 67,560 EUR
Survey Researcher Science and Technical Services 61,580 EUR
Surveying and Mapping Technician Science and Technical Services 44,780 EUR
Team Leader Science and Technical Services 96,520 EUR
Technical Manager Science and Technical Services 111,900 EUR
Technical Officer Science and Technical Services 50,340 EUR
Technical Service Director Science and Technical Services 146,200 EUR
Technical Services Regulatory Affairs Specialist Science and Technical Services 69,180 EUR
Technical Services Research and Development Manager Science and Technical Services 157,600 EUR
Technical Services Research Associate Science and Technical Services 80,920 EUR
Technical Services Research Coordinator Science and Technical Services 78,960 EUR
Technician Science and Technical Services 46,160 EUR
Water Ecologist Science and Technical Services 125,700 EUR
Wildlife Biologist Science and Technical Services 104,500 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Belgium, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Antwerp 127,700 EUR
Brugge (Bruges) 108,320 EUR
Brussel 112,280 EUR
Charleroi 118,800 EUR
Gent (Ghent) 119,900 EUR
Leuven 100,580 EUR
Liege 112,600 EUR
Namur 101,120 EUR

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