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Average Economics Teacher Salary in United Kingdom for 2026

An economics teacher in United Kingdom earns about 64,300 GBP a year. That's 8% below the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 33,600 GBP a year, while the very top stretches to 98,100 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does an economics teacher make in United Kingdom?

Average salary
64,300 GBP
5,358 GBP per month
Lowest reported
33,600 GBP
2,800 GBP per month
Highest reported
98,100 GBP
8,175 GBP per month

A typical economics teacher working in United Kingdom brings home around 5,358 GBP a month before tax. Entry-level pay starts near 33,600 GBP, and the top of the ladder reaches roughly 98,100 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior economics teacher working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the economics teacher salary in Guernsey or Jersey, both of which pay in the same currency.

How economics teacher pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all economics teachers in United Kingdom earn less than 60,700 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 40,600 GBP (the 25th percentile), and a quarter clear 77,000 GBP (the 75th percentile). The middle 50% of economics teachers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 33,600 GBP. The highest stretch to 98,100 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

33,600
Low
60,700
Median
98,100
High
40,600
25th
77,000
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Economics teacher pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for an economics teacher in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical economics teacher salary changes as you move through the career ladder.

  • 0-2 Years
    35,600 GBP
  • 2-5 Years
    +45% from previous
    51,500 GBP
  • 5-10 Years
    +23% from previous
    63,500 GBP
  • 10-15 Years
    +26% from previous
    80,200 GBP
  • 15-20 Years
    +9% from previous
    87,500 GBP
  • 20+ Years
    +4% from previous
    90,900 GBP

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 45%. That is the point at which a economics teacher typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Economics teacher pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving economics teacher pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average economics teacher salary in United Kingdom broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    48,600 GBP
  • Master's Degree
    +21% from previous
    58,800 GBP
  • PhD
    +62% from previous
    95,100 GBP

Economics teacher gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male economics teachers in United Kingdom earn an average of 64,600 GBP a year, while female economics teachers earn around 60,800 GBP. That works out to a 6% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Economics Teacher gender pay gap

6%

Men earn this much more than women on average in United Kingdom.

Men 64,600 GBP
Women 60,800 GBP

Pay raises for an economics teacher in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 11% every 16 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Economics teacher bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

55%

55% of economics teachers in United Kingdom reported a bonus of some kind in the past twelve months. That makes an economics teacher a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 3% to 5% of base salary. The remaining 45% of economics teachers reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Economics teacher: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Economics teacher salary by city and region in United Kingdom

Economics teacher pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Birmingham
  • Liverpool
  • London
  • Glasgow
  • Leeds
  • Nottingham
  • Edinburgh
  • Sheffield
LocationTypeAverageMedianRange
EnglandRegion117,100 GBP114,600 GBP62,100-180,500 GBP
ScotlandRegion87,200 GBP90,600 GBP39,700-134,100 GBP
BirminghamCity72,700 GBP77,300 GBP32,600-116,400 GBP
LiverpoolCity71,000 GBP71,000 GBP37,200-108,200 GBP
LondonCity71,000 GBP76,800 GBP34,100-112,700 GBP
GlasgowCity70,800 GBP63,500 GBP37,100-105,800 GBP
LeedsCity70,100 GBP63,800 GBP34,900-105,200 GBP
NottinghamCity70,100 GBP69,700 GBP33,600-107,700 GBP
EdinburghCity70,000 GBP71,600 GBP32,200-109,000 GBP
SheffieldCity67,300 GBP66,900 GBP34,300-105,200 GBP
CoventryCity67,200 GBP63,200 GBP34,900-100,700 GBP
BradfordCity66,200 GBP66,700 GBP33,000-105,200 GBP
ManchesterCity66,200 GBP66,900 GBP35,100-105,200 GBP
CardiffCity65,900 GBP65,900 GBP33,600-103,600 GBP
BristolCity65,700 GBP63,400 GBP34,700-102,700 GBP
DerbyCity65,500 GBP65,500 GBP33,200-99,900 GBP
Kingston upon HullCity64,400 GBP68,900 GBP31,800-102,700 GBP
WolverhamptonCity64,300 GBP67,800 GBP27,400-99,700 GBP
BelfastCity64,100 GBP61,300 GBP32,200-96,000 GBP
OxfordCity63,900 GBP58,500 GBP35,100-95,000 GBP
LeicesterCity63,700 GBP67,600 GBP30,200-100,700 GBP
SwanseaCity63,500 GBP69,800 GBP30,100-102,700 GBP
SomersetCity63,200 GBP63,200 GBP30,300-98,300 GBP
BrightonCity63,200 GBP69,700 GBP30,800-103,600 GBP
NewcastleCity62,600 GBP67,500 GBP31,200-99,700 GBP
GloucesterCity62,100 GBP63,400 GBP28,900-96,000 GBP
PeterboroughCity61,800 GBP62,600 GBP30,100-98,800 GBP
PlymouthCity61,400 GBP58,500 GBP35,400-95,500 GBP
DundeeCity61,200 GBP62,100 GBP32,300-95,200 GBP
SouthamptonCity60,600 GBP64,800 GBP29,200-98,800 GBP
HartlepoolCity60,500 GBP57,100 GBP31,400-90,300 GBP
YorkCity60,200 GBP60,500 GBP29,100-93,800 GBP
ArmaghCity59,800 GBP63,200 GBP29,900-96,600 GBP
LisburnCity59,800 GBP54,100 GBP29,400-87,900 GBP
WalesRegion59,100 GBP62,600 GBP26,400-94,500 GBP
AberdeenCity58,800 GBP64,100 GBP26,300-94,900 GBP
SalisburyCity58,600 GBP60,200 GBP27,300-91,000 GBP
PortsmouthCity58,600 GBP64,800 GBP25,500-93,100 GBP
ChesterCity58,400 GBP59,100 GBP28,900-92,100 GBP
PooleCity58,200 GBP58,200 GBP27,300-89,400 GBP
NewportCity58,200 GBP64,900 GBP26,500-91,700 GBP
CambridgeCity58,100 GBP59,500 GBP28,800-89,900 GBP
NewryCity58,000 GBP58,800 GBP27,300-93,800 GBP
ExeterCity57,900 GBP54,500 GBP27,300-88,600 GBP
NorwichCity57,200 GBP55,700 GBP29,200-88,300 GBP
LincolnCity57,200 GBP53,300 GBP30,000-84,300 GBP
WinchesterCity57,000 GBP57,000 GBP29,000-88,600 GBP
WellsCity55,700 GBP49,200 GBP31,300-84,600 GBP
StirlingCity55,700 GBP55,700 GBP28,800-86,100 GBP
InvernessCity55,600 GBP54,700 GBP27,300-83,100 GBP
StromnessCity55,600 GBP58,200 GBP23,600-84,300 GBP
BangorCity55,400 GBP48,300 GBP30,800-81,600 GBP
DerryCity54,600 GBP58,500 GBP27,000-86,600 GBP
AbingdonCity54,600 GBP48,500 GBP29,300-79,800 GBP
RiponCity54,500 GBP55,100 GBP29,600-85,500 GBP
DurhamCity54,200 GBP58,600 GBP26,500-86,800 GBP
Northern IrelandRegion53,800 GBP49,700 GBP28,900-84,600 GBP
WakefieldCity53,500 GBP56,100 GBP27,300-83,300 GBP
TruroCity53,300 GBP50,500 GBP26,500-79,000 GBP
KirkwallCity52,000 GBP45,600 GBP26,500-78,100 GBP
CanterburyCity51,500 GBP49,300 GBP27,400-80,800 GBP
St DavidsCity51,500 GBP49,400 GBP24,400-75,800 GBP
StrontianCity51,300 GBP51,400 GBP27,300-81,000 GBP

Economics Teacher in United Kingdom: FAQs

  • How much does an economics teacher make per month in United Kingdom?

    An economics teacher in United Kingdom earns about 5,358 GBP a month before tax, based on an annual average of 64,300 GBP.

  • What's the salary range for an economics teacher in United Kingdom?

    Entry-level economics teachers in United Kingdom start near 33,600 GBP. Top-end pay reaches around 98,100 GBP. The middle 50% of earners sit between 40,600 and 77,000 GBP.

  • Is the median economics teacher salary in United Kingdom higher or lower than the average?

    The median is 60,700 GBP, lower than the average of 64,300 GBP. Half of economics teachers in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for economics teachers in United Kingdom?

    Men working as an economics teacher in United Kingdom earn around 6% more than women on average (64,600 vs 60,800 GBP a year).

  • Do economics teachers in United Kingdom get bonuses?

    About 55% of economics teachers in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 3% to 5% of base salary.

  • Do economics teachers earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays an economics teacher about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do economics teachers in United Kingdom get a pay raise?

    An economics teacher in United Kingdom sees a raise of around 11% every 16 months, equivalent to roughly 8% a year.