Management economist, public administration

What does a public sector administration economist do? – Tasks and work environment

A public sector administration economist works with financial management, budget planning, and follow-up within agencies, municipalities, or regions. Tasks often include analyzing financial reports, preparing forecasts, and assisting managers with decision-making data. It also involves managing accounting and ensuring compliance with laws and regulations in financial processes. The work is mainly office-based and involves frequent contact with colleagues, managers, and other departments to support the financial governance of the organization.

Salary development over time

The salary for a public sector administration economist has shown steady growth over the past three years. In 2022, the average salary was 52,700 SEK per month, increasing to 53 200 in 2023. In 2024, the average salary has risen further to 56 900, representing a total increase of about 8% over three years. This positive salary trend reflects an increased demand for qualified economists in the public sector and a greater focus on financial management and efficiency in public services. Salary levels are also influenced by education, experience, and geographic location. However, clear gender pay gaps remain, with men earning higher average incomes than women.

Public sector administration economist salary – comprehensive overview

• Average salary: 56 900 SEK/month
• Lowest salary: 41,400 SEK/month (female, private sector worker, pre-high school education)
• Highest salary: 66,000 SEK/month (male, private sector employee, high school education)
• Hourly wage (average): 342 SEK
• Gender pay gap: Men 61 800 SEK, women 53 300 SEK (women earn 86% of men's salary)
• Regional differences: No specific information available

Education and qualifications

To work as a public sector administration economist, a university degree in economics is usually required, such as a bachelor's in business administration or economics. Many employers also value experience from public sector work and knowledge of relevant laws and regulations. Internships or trainee programs in public administration can be advantageous and provide valuable insights into the profession. Additionally, strong analytical skills and a structured approach are often necessary.

• Bachelor's degree in economics: 3 years
• Experience in public sector: Meritorious
• Internship/trainee programs: Provide an advantage in employment
• Knowledge of financial systems and regulations: Important
• Analytical ability and precision: Sought after by employers

Common benefits and compensations

Common benefits for public sector administration economists include pension schemes, generous holiday policies, and flexible working hours. Many employers also offer wellness allowances, opportunities for skill development, and security through collective agreements and insurance.

Competition and challenges

The competition for positions as a public sector administration economist is considered moderate, with a recruitment situation characterized by a balance between supply and demand. According to the Employment Service's forecast for the group “Other economists,” demand is expected to remain unchanged over the next five years. Challenges in the profession include managing complex regulations, adapting to ongoing changes in public sector operations, and working under time pressure during budget and forecast processes. For those seeking advancement, good collaboration skills and the ability to communicate economic issues to non-economists are essential.

Tips for aspiring public sector administration economists

To succeed as a public sector administration economist, it’s beneficial to combine analytical skills with a genuine interest in societal issues. Precision is crucial in budget follow-up and accounting to avoid missing details. Good communication skills facilitate dialogue with colleagues and managers, especially when presenting financial analyses in an understandable way. Flexibility and adaptability help manage changes and new regulations often introduced in public sector work. Seek internships or trainee positions to gain sector insight and build networks during your studies. Deepen your knowledge of financial systems and relevant laws, as these are central to the work. Finally, develop the ability to work systematically and independently, as many tasks require personal responsibility.

Key facts about public sector administration economists

• Education level: Bachelor's degree in economics (3 years)
• Work environment: Office-based, often in teams
• Demand: Moderate, balanced on the job market
• Work form: Full-time, flexible working hours common
• Available jobs in Sweden: 758 within the profession

Career paths and future prospects

After three to five years as a public sector administration economist, opportunities may open for more qualified roles such as finance manager, controller, or project leader for larger financial assignments. Specializations in procurement, financing, or organizational development are also possible. According to the Employment Service's forecasts for “Other economists,” the job market is expected to remain stable, with moderate opportunities and a continued balance between supply and demand over five years. Expertise in digitalization, sustainability reporting, and public procurement can provide additional advantages in the job market.

Common questions about public sector administration economists

• What does a public sector administration economist earn?
  - A public sector administration economist has an average salary of 56 900 SEK per month, but the salary varies depending on experience, education, and employer.
• What education is required to become a public sector administration economist?
  - A bachelor's degree in economics or similar is usually required; experience from public sector work is also valued.
• Are there salary differences between men and women?
  - Yes, men earn an average of 61 800 SEK and women 53 300 SEK, meaning women earn approximately 86% of men's salaries.
• What is the job market outlook for public sector administration economists?
  - Opportunities are considered moderate, and the job market is in balance according to the Employment Service's forecast.
• What are the most common tasks?
  - Typical tasks include budget work, financial follow-up, reporting, analysis, and advising managers and organizations.
• What benefits are common in the profession?
  - Pension schemes, generous holidays, wellness allowances, and opportunities for skill development are often provided.
• What are the highest and lowest salaries for the profession?
  - The highest salary is 66,000 SEK (male, private sector employee, high school education) and the lowest is 41,400 SEK (female, private sector worker, pre-high school education).