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Average Salary in Latvia 2020

How much money does a person working in Latvia make?

1,278 LVL per month
Average Monthly Salary
A person working in Latvia typically earns around 1,278 LVL per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Latvia | All Jobs

Median and salary distribution monthly Latvia

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Latvia range between 173 LVL per month (minimum salary) to 5,660 LVL per month (maximum salary).

The median salary is 1,227 LVL per month, which means that half (50%) of the population are earning less than 1,227 LVL while the other half are earning more than 1,227 LVL. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 630 LVL while 75% of them are earning more than 630 LVL. Also from the diagram, 75% of the population are earning less than 3,168 LVL while 25% are earning more than 3,168 LVL.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of 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 plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salary Trend and Forecast in Latvia

How are Latvia salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

Salary trends and forecast monthly Latvia
Average Salary 2017    =  
1,218 LVL
Average Salary 2018    +1%  
1,234 LVL
Average Salary 2019    +2%  
1,254 LVL
Average Salary 2020    +2%  
1,278 LVL
Percentage increase and decrease are relative to the previous value
Salaries in Latvia are on the rise in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2020 are 2% higher than those of 2019. The trend suggests a slow yet continous increase in pay in 2021 and future years. These numbers differ slightly from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accountant889 LVL
Administrative Assistant671 LVL
Architect1,167 LVL
Attorney1,838 LVL
Biomedical Engineer1,133 LVL
CAD Drafter945 LVL
Cashier725 LVL
Chartered Accountant1,101 LVL
Chef1,024 LVL
Chief Executive Officer2,959 LVL
Chief Financial Officer2,567 LVL
Civil Engineer1,118 LVL
Computer Technician1,022 LVL
Creative Director1,358 LVL
Dentist3,030 LVL
Developer / Programmer1,187 LVL
Electrical Engineer1,282 LVL
Elementary School Teacher863 LVL
Engineer1,226 LVL
Executive Chef1,144 LVL
Flight Attendant1,121 LVL
General Manager2,338 LVL
Graphic Designer913 LVL
Hotel Manager1,993 LVL
Human Resources Manager1,729 LVL
Internal Auditor1,382 LVL
Journalist1,307 LVL
Legal Assistant928 LVL
Mechanical Engineer1,290 LVL
Nurse1,044 LVL
Pharmacist1,497 LVL
Photographer840 LVL
Pilot1,528 LVL
Police Officer1,046 LVL
Project Manager1,488 LVL
Receptionist695 LVL
Sales Manager1,994 LVL
Sales Representative845 LVL
Secondary School Teacher1,081 LVL
Secretary691 LVL
Teacher955 LVL
Teller893 LVL
Travel Agent1,096 LVL
Waiter / Waitress745 LVL

Average Hourly Wage in Latvia | All Jobs

7 LVL per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Latvia | All Jobs is 7 LVL. This means that the average person in Latvia earns approximatly 7 LVL for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Salary Comparison By City

CityAverage Salary
Riga1,383 LVL
1564 - 83
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