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Oil / Gas / Energy / Mining Average Salaries in Latvia 2023

How much money does a person working in Oil / Gas / Energy / Mining make in Latvia?

Average Monthly Salary
1,170 LVL
( 14,100 LVL yearly)


A person working in Oil / Gas / Energy / Mining in Latvia typically earns around 1,170 LVL per month. Salaries range from 430 LVL (lowest average) to 2,710 LVL (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Oil / Gas / Energy / Mining careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Assistant Yard Manager1,200 LVL
Associate Analyst1,390 LVL
Associate Landman580 LVL
Auxiliary Equipment Operator480 LVL
Biomass Plant Technician620 LVL
Biomass Power Plant Manager1,640 LVL
Chemical Plant Operator980 LVL
Chief Contract Compliance Engineer1,240 LVL
Completions Engineer1,160 LVL
Cost Controller880 LVL
Crude Oil Marketing Representative1,280 LVL
Dispatcher540 LVL
Distribution Manager1,730 LVL
Dragline Operator610 LVL
Driller Offsider450 LVL
Dump Truck Driver460 LVL
Electric and Gas Operations Manager2,860 LVL
Energy Advisor1,900 LVL
Energy Analyst1,820 LVL
Energy Auditor1,480 LVL
Energy Dispatch Director2,190 LVL
Energy Technical Assistant780 LVL
Energy Technical Manager1,520 LVL
Energy Technical Trainer1,020 LVL
Exploration Manager2,050 LVL
Field Safety Auditor1,340 LVL
Fluids Engineer1,200 LVL
Fuel Cell Engineer1,310 LVL
Fuel Cell Technician640 LVL
Fuels Handler560 LVL
Gas Compressor Operator560 LVL
Gas Distribution Plant Operator950 LVL
Gas Supply Manager1,850 LVL
Geologist2,220 LVL
Geophysicist2,150 LVL
Geothermal Production Manager2,040 LVL
Geothermal Technician850 LVL
HSE Engineer1,220 LVL
HSE Officer750 LVL
HSEQ Administrator850 LVL
Inspector1,150 LVL
Instructor960 LVL
Instrument Designer930 LVL
Lead Technical Field Advisor1,550 LVL
Logistics and Tool Coordinator1,020 LVL
Maintenance Engineer1,240 LVL
Maintenance Superintendent1,080 LVL
Material Controller790 LVL
Mine Engineer1,220 LVL
Mine Surveyor1,410 LVL
Mining Project Administrator1,080 LVL
Mining Project Assistant820 LVL
Mining Project Controls Consultant1,330 LVL
Mining Project Coordinator1,060 LVL
Mining Project Engineer1,130 LVL
Mining Project Manager1,580 LVL
Mining Site Manager1,540 LVL
Mining Team Leader1,340 LVL
NDT Technician750 LVL
Oil Service Unit Operator650 LVL
Oil Trader1,530 LVL
Oilwell Pumper480 LVL
Petroleum Engineer 1,360 LVL
Petroleum Geologist2,120 LVL
Petroleum Pump System Operator650 LVL
Pipeline Technician460 LVL
Power Coordinator740 LVL
Power Plant Operations Manager2,400 LVL
Power Plant Operator1,030 LVL
Radio Operator560 LVL
Reliability Engineer1,190 LVL
Reservoir Engineer1,100 LVL
Risk Analyst1,480 LVL
Roughneck1,200 LVL
Scaffolder830 LVL
Shutdown Engineer980 LVL
Solar Energy Installation Manager1,860 LVL
Solar Energy Systems Engineer1,210 LVL
Solar Photovoltaic Installer780 LVL
Solar Thermal Technician750 LVL
Supply Operations Manager2,010 LVL
Sustainability Specialist2,040 LVL
System Development Advisor1,340 LVL
Tanker Truck Driver460 LVL
Utility Operator660 LVL
Wind Energy Project Manager1,740 LVL

Oil / Gas / Energy / Mining Jobs Pay Scale and Salaries in Latvia

Median and salary distribution Latvia Oil  / Gas / Energy / Mining monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,310 LVL or more
10% of people earn
1,090 to 1,310 LVL
20% of people earn
600 LVL or less
65% of people earn
600 to 1,090 LVL
Minimum Salary
430 LVL
1,040 LVL
2,710 LVL

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Oil / Gas / Energy / Mining salaries in Latvia range from 430 LVL per month (starting average salary) to 2,710 LVL per month (maximum average salary, actual maximum is higher). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 1,040 LVL per month, which means that half (50%) of people working in Oil / Gas / Energy / Mining are earning less than 1,040 LVL while the other half are earning more than 1,040 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.

  • Percentiles and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Oil / Gas / Energy / Mining are earning less than 800 LVL while 75% of them are earning more than 800 LVL. Also from the diagram, 75% of people working in Oil / Gas / Energy / Mining are earning less than 1,300 LVL while 25% are earning more than 1,300 LVL.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 600 LVL to 1,090 LVL. Approximatly 20% fall under the 600 LVL cap. Ten percent of wages are from 1,090 LVL to 1,310 LVL. Only 5% of people grossed 1,310 LVL or more.

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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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 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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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.

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

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 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Latvia costs anywhere from 6,510 Latvian Lats(s) to 19,500 Latvian Lats(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Salary and Compensation Comparison By Gender - Oil / Gas / Energy / Mining

Salary comparison by gender Latvia Oil  / Gas / Energy / Mining monthly
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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 who work in Oil / Gas / Energy / Mining earn 5% more than their female counterparts on average.

1,200 LVL
1,140 LVL
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Latvia for all Careers

Salary comparison by gender monthly Latvia
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Oil / Gas / Energy / Mining Average Annual Salary Increment Percentage in Latvia

How much are annual salary increments in Latvia for Oil / Gas / Energy / Mining professionals? How often do employees get salary raises?

Oil / Gas / Energy / Mining

Oil / Gas / Energy / Mining professionals in Latvia are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 8% granted to employees every 18 months.

Annual Salary Increment Rate Latvia Oil  / Gas / Energy / Mining
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Latvia / All Professions

Annual Salary Increment Rate Latvia
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The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

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 5%.

Annual Increment Rate By Industry 2022

Information Technology

Listed above are the average annual increase rates for each industry in Latvia for the year 2022. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Oil / Gas / Energy / Mining Bonus and Incentive Rates in Latvia

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Latvia Oil  / Gas / Energy / Mining
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Oil / Gas / Energy / Mining is considered to be a moderate bonus-based field. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

51% of surveyed staff in Oil / Gas / Energy / Mining reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Oil / Gas / Energy / Mining Salary Forecast and Trend in Latvia

How do Oil / Gas / Energy / Mining salaries change over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
1,040 LVL
Average Salary 2020+4%
1,080 LVL
Average Salary 2021+2%
1,100 LVL
Average Salary 2022+3%
1,130 LVL
Percentage increase and decrease are relative to the previous value

Oil / Gas / Energy / Mining salaries in Latvia are rising in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 3% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Latvia Oil  / Gas / Energy / Mining
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Oil / Gas / Energy / Mining Hourly Average Wage in Latvia

7 LVL per hour

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

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

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked 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 the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

This minimum pay rate per hour for a person in Latvia is 2 LVL. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Oil / Gas / Energy / Mining VS Other Jobs

1,170 LVL
1,300 LVL
Average Salary
Oil / Gas / Energy / Mining
Average Salary
All Jobs

The average salary for Oil / Gas / Energy / Mining is 10% less than that of All Jobs.

Salary Comparison Between Oil  / Gas / Energy / Mining and Oil  / Gas / Energy / Mining monthly Latvia
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Salary Comparison By City

CityAverage Salary
Riga1,270 LVL

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Latvia earn 7% more than their private sector counterparts on average across all sectors.

Private Sector
1,250 LVL
Public Sector+7%
1,340 LVL
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Oil / Gas / Energy / Mining in Latvia?

A good and competitive compensation would range anywhere between 1,040 LVL and 1,300 LVL. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Oil / Gas / Energy / Mining in Latvia is ranges from 800 LVL to 1,300 LVL. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.

What is the difference between the median and the average salary?

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 plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

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