ACCOUNTING & ADMINISTRATION / SALARY
LATVIA

SALARY SURVEYS

19

UPDATED
April 2024
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AVERAGE SALARY / YEAR		MOST TYPICAL SALARY / YEAR		Gross income Net (after tax) 0.6 LVL = 1 USD
22,863 LVL $37,798 USD		7,258 LVL $12,000 USD		Gross income Net (after tax) 0.6 LVL = 1 USD

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Average Salary / Accounting & Administration / Latvia

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Average salary for Accounting & Administration / Latvia is 22,863 LVL per year. The most typical earning is 7,258 LVL. All data are based on 19 salary surveys. Salaries are different between men and women. Men receive an average salary of 45,427 LVL. Women receive a salary of 17,239 LVL.

Based on education, the highest salaries receive people with Masters Degree with salary of 25,949 LVL. The second most paid education level is Bachelors Degree with salary of 24,679 LVL.

Different experiences affect earning as well. People with 4-8 Years of experience receive salary of 63,211 LVL. Employees with 12-16 Years of experience receive 39,015 LVL.

Levels / Accounting & Administration / Latvia (Gross LVL)

Salary Levels (LVL) per Year	Surveys	[%]
1,800 LVL - 2,999 LVL	0	n/a
3,000 LVL - 5,999 LVL	2	100% 10.53%
THE MOST TYPICAL SALARY
6,000 LVL - 9,099 LVL	4	89.47% 21.05%
9,100 LVL - 12,099 LVL	1	68.42% 5.26%
12,100 LVL - 15,099 LVL	2	63.16% 10.53%
15,100 LVL - 18,099 LVL	0	n/a
18,100 LVL - 21,199 LVL	2	52.63% 10.53%
21,200 LVL - 24,199 LVL	2	42.11% 10.53%
24,200 LVL - 27,199 LVL	1	31.58% 5.26%
27,200 LVL - 30,199 LVL	0	n/a
30,200 LVL - 33,299 LVL	0	n/a
33,300 LVL - 36,299 LVL	2	26.32% 10.53%
36,300 LVL - 39,299 LVL	1	15.79% 5.26%
39,300 LVL - 42,299 LVL	0	n/a
42,300 LVL - 45,399 LVL	1	10.53% 5.26%
45,400 LVL - 48,399 LVL	0	n/a
48,400 LVL - 51,399 LVL	0	n/a
51,400 LVL - 54,399 LVL	0	n/a
54,400 LVL - 57,499 LVL	0	n/a
57,500 LVL - 60,499 LVL	0	n/a
60,500 LVL - 63,499 LVL	0	n/a
63,500 LVL - 66,499 LVL	0	n/a
66,500 LVL - 69,599 LVL	0	n/a
69,600 LVL - 72,599 LVL	0	n/a
72,600 LVL - 75,599 LVL	0	n/a
75,600 LVL - 78,599 LVL	0	n/a
78,600 LVL - 81,699 LVL	0	n/a
81,700 LVL - 84,699 LVL	0	n/a
84,700 LVL - 87,699 LVL	0	n/a
87,700 LVL - 90,699 LVL	1	5.26% 5.26%
HIGH SALARIES
90,700 LVL - 96,799 LVL	0	n/a
96,800 LVL - 102,799 LVL	0	n/a
102,800 LVL - 108,899 LVL	0	n/a
108,900 LVL - 114,899 LVL	0	n/a
114,900 LVL - 120,999 LVL	0	n/a
121,000 LVL - 126,999 LVL	0	n/a
127,000 LVL - 133,099 LVL	0	n/a
133,100 LVL - 139,099 LVL	0	n/a
139,100 LVL - 145,199 LVL	0	n/a
145,200 LVL - 151,199 LVL	0	n/a
151,200 LVL - 211,699 LVL	0	n/a

Gender / Accounting & Administration / Latvia (Gross LVL)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	3	45,427 LVL
2	Women	14	17,239 LVL

Education / Accounting & Administration / Latvia (Gross LVL)

#		Surveys
1	Masters Degree	7	25,949 LVL
2	Bachelors Degree	7	24,679 LVL
3	Some College	3	20,687 LVL
4	High School	2	8,891 LVL

Experience / Accounting & Administration / Latvia (Gross LVL)

#		Surveys
1	4-8 Years	2	63,211 LVL
2	12-16 Years	1	39,015 LVL
3	16-20 Years	2	38,410 LVL
4	8-12 Years	3	21,776 LVL
5	2-4 Years	6	13,731 LVL
6	0-1 Year	3	10,646 LVL
7	1-2 Years	1	7,258 LVL
8	20+ Years	1	5,383 LVL

Age / Accounting & Administration / Latvia (Gross LVL)

#		Surveys
1	31-35	3	45,427 LVL
2	36-40	2	31,333 LVL
3	n/a	2	28,611 LVL
4	41-45	3	27,220 LVL
5	26-30	4	12,642 LVL
6	14-20	1	10,525 LVL
7	21-25	4	8,952 LVL

Work Type / Accounting & Administration / Latvia (Gross LVL)

#		Surveys
1	Contract	2	25,284 LVL
2	Self Employed	2	24,014 LVL
3	Permanent	15	22,380 LVL

Cities / Accounting & Administration / Latvia (Gross LVL)

#		Surveys		AVERAGE SALARY / YEAR
1	Riga	18	23,772 LVL
2	--Other--	1	6,956 LVL

Careers / Accounting & Administration / Latvia (Gross LVL)

#		Surveys
1	Accountant	2	48,693 LVL
2	Administrative Assistant	1	36,111 LVL
3	Credit Administrator	1	34,115 LVL
4	Account Manager	3	32,180 LVL
5	Audit Manager	1	26,917 LVL
6	Chartered Accountant	1	23,651 LVL
7	Senior Accountant	1	22,078 LVL
8	Accounting Assistant	1	21,110 LVL
9	Cost Accountant	1	18,933 LVL
10	Secretary	2	9,375 LVL
11	Junior Accountant	3	8,831 LVL
12	Executive Secretary	1	7,016 LVL
13	Payroll Administrator	1	5,383 LVL

People's individual salary examples (surveys)

Cost Analyst

Posted 26 July 2022
Key knowledge and tasks

"Excel, SAP, Power BI, BI."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Bachelors Degree	2-4 Years	Expert	18,900 LVL

Baltic Chief Accountant

Posted 14 July 2022
Key knowledge and tasks

"Accounting, taxes, TP, CBC."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	8-12 Years	Expert	23,700 LVL

Junior Accountant

Posted 21 December 2018
Key knowledge and tasks

"Accounting bookings, invoicing."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Bachelors Degree	0-1 Year	n/a	14,400 LVL

Credit Manager

Posted 05 December 2018
Key knowledge and tasks

"Manage team of credit expetts, evaluate customer credit worthiness, collect overdue payments, ownership of credit policy."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	16-20 Years	n/a	34,100 LVL

Accountant

Posted 04 September 2018
Key knowledge and tasks

"I have experience in preparation of year end Financial Statements as well as an internal finance. 
Have experience filing quarterly VAT returns, assisting audit and managing multi-currency entities. 
In my duties is included preparation of management accounts, as well as any ad-hoc reports, and data analysis, budgeting and have experience in system transitions. Monitoring required registered capital in entities, bookkeeping, bank reconciliation, processing of payments communication with creditors, as well as monitor inter-company transactions, in order to comply with signed inter-company agreements."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	2-4 Years	n/a	22,100 LVL

Verwaltungsleiter

Posted 27 August 2018
Key knowledge and tasks

"Head of company."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	16-20 Years	n/a	42,700 LVL

Finance Director

Posted 08 August 2018
Key knowledge and tasks

"FInance director."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	12-16 Years	n/a	39,000 LVL

Salary Accountant

Posted 04 December 2017
Key knowledge and tasks

"Salary accounting, bookkeeping."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Bachelors Degree	2-4 Years	n/a	7,000 LVL

Accountant

Posted 28 September 2017
Key knowledge and tasks

"Maintaining financial records for company;analyzing financial statements; preparing financial statements."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Some College	2-4 Years	n/a	4,900 LVL

Payroll Administrator

Posted 23 August 2017
Key knowledge and tasks

"Enter into the system daily payrolls."

City	Education	Experience	Knowledge	Gross salary / year
Riga	Masters Degree	20+ Years	n/a	5,400 LVL

ACCOUNTING & ADMINISTRATION / SALARY LATVIA

19

22,863 LVL

7,258 LVL