Average Salary in Latvia 2026
Currency: EUR · Updated for 2026
How much money does a person working in Latvia make?
Average Monthly Salary
1,675 EUR
( 20,104 EUR yearly )
~ 1,821 USD per month ( 21,852 USD yearly )
LOW
419 EUR
455 USD
AVERAGE
1,675 EUR
1,821 USD
HIGH
5,864 EUR
6,374 USD
A person working in Latvia typically earns around 1,675 EUR per month. Salaries range from 419 EUR (lowest average) to 5,864 EUR (highest average, actual maximum salary is higher).
This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Latvia
Median and salary distribution monthly Latvia
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What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated.
The median (1,474 EUR) represents the middle salary value — 50% earn more and 50% earn less. The average (1,675 EUR) is the sum of all salaries divided by the number of workers, and can be skewed by extremely high or low salaries.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
- 0–2 Years (Entry Level)10,052 EUR
- 2–5 Years (Junior)13,068 EUR
- 5–10 Years (Mid-Career)17,088 EUR
- 10–15 Years (Experienced)20,104 EUR
- 15+ Years (Senior)24,124 EUR
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.
Generally speaking, employees having experience from two to five years earn on average +30% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average +31% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by +18% and an additional +20% for those who have crossed the 15 years mark.
“On average, a person's salary doubles their starting salary by the time they cross the 10 years experience mark.”
Salary Comparison By Education
How does the education level affect your salary?
- High School12,062 EUR
- Certificate14,072 EUR
- Associate16,083 EUR
- Bachelor's20,104 EUR
- Master's24,124 EUR
- PhD28,146 EUR
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High School → Certificate
+17%
Certificate → Bachelor's
+43%
Bachelor's → Master's
+20%
Master's → PhD
+17%
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.
Workers with a certificate or diploma earn on average +17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn +43% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are +20% more than those with a Bachelor's Degree.
Finally, PhD holders earn +17% more than Master's Degree holders on average.
Salary Comparison By Gender
Salary comparison by gender monthly Latvia
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Latvia earn 12% more than their female counterparts on average across all sectors.
Average Annual Salary Increment Percentage in Latvia
How much are annual salary increments? How often do employees get salary raises?
9%
Average Raise
14 months
Review Frequency
6%
Annualized Increase
Employees in Latvia are likely to observe a salary increase of approximately 9% every 14 months.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
The average salary increase in one year (12 months) in Latvia is 6%.
Bonus and Incentive Rates in Latvia
How much and how often are bonuses being awarded?
47%
Received Bonus
53%
No Bonus
47% of surveyed staff in Latvia reported receiving at least one form of monetary bonus.
Average Bonus Rate
8%
of annual salary
Types of Bonuses Considered:
• Individual Performance-Based Bonuses
• Company Performance Bonuses
• Goal-Based Bonuses
• Holiday / End of Year Bonuses
Top 5 Highest Paying Industries
Annual average salaries
- Legal27,140 EUR
- Aviation26,135 EUR
- Information Technology26,135 EUR
- Banking25,130 EUR
- Pharmaceuticals25,130 EUR
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Salaries for Popular Jobs
Sample job titles and their average salaries
| Job Title | Annual Salary | Monthly Salary |
|---|---|---|
| Surgeon | 50,260 EUR | 4,189 EUR |
| Pilot | 40,208 EUR | 3,351 EUR |
| Software Developer | 36,187 EUR | 3,016 EUR |
| Data Scientist | 34,176 EUR | 2,848 EUR |
| Financial Manager | 32,166 EUR | 2,681 EUR |
| Database Administrator | 30,156 EUR | 2,513 EUR |
| Engineer | 28,146 EUR | 2,345 EUR |
| Marketing Manager | 26,135 EUR | 2,178 EUR |
| Project Manager | 25,130 EUR | 2,094 EUR |
| Accountant | 22,114 EUR | 1,843 EUR |
| Hotel Manager | 20,104 EUR | 1,675 EUR |
| Nurse | 18,094 EUR | 1,508 EUR |
| Graphic Designer | 17,088 EUR | 1,424 EUR |
| Chef | 15,078 EUR | 1,257 EUR |
| Teacher | 14,072 EUR | 1,173 EUR |
Salary Comparison By City
Average annual salaries by city
| City | Average Salary |
|---|---|
| Riga | 23,120 EUR |
| Daugavpils | 21,109 EUR |
| Liepāja | 21,109 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more?
1,592 EUR
Private Sector
1,759 EUR
Public Sector
+10%
Public sector employees in Latvia earn 10% more than their private sector counterparts on average across all sectors.
Average Hourly Wage in Latvia
10 EUR
per hour
The average hourly wage (pay per hour) in Latvia is 10 EUR. This means that the average person in Latvia earns approximately 10 EUR for every worked hour. Hourly Wage = Annual Salary ÷ (52 × 5 × 8)
Cost of Living in Latvia
Estimated monthly expenses
Rent
215 EUR
/month
Food
69 EUR
/month
Transport
26 EUR
/month
Utilities
34 EUR
/month
Compare Your Salary
See how your salary compares with the average in Latvia and explore top-paying jobs.