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Salary for position Financial Analyst in Latvia

The average monthly net salary in Latvia is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
1,487 - 3,403 USD
10% earn less lthan 1,487 USD
10% earns more than 3,403 USD
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Salaries in the survey are expressed in net.

Based on the Algas.lv salary survey, 80% of people on the Financial Analyst position in the Latvia earn between 1,487 USD and 3,403 USD monthly net.

10% of employees earn less than 1,487 USD and 10% of people earn more than 3,403 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Financial Analyst typically do

  • Preparing regular and ad hoc financial analysis.
  • Preparing statistics.
  • Developing weekly and monthly reports.
  • Taking part in developing financial plans.
  • Taking part in developing and improving controlling mechanisms.
  • Communicating with the high management members of the company and other departments.

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The most common career path of an employee

The graphic shows how employees most often progress in their careers. Click on the name of the position to get to its detail with salary data.

Position: Financial Analyst

The job position is
in the salary ranking on

138 place

Women representation in position

57%

Average age of respondent in position

35

606. place

Au-pair

General labour

Salary group 1

592 - 1,031 USD

139. place

Internal Auditor

Banking

Salary group 2

1,313 - 3,628 USD

138. place

Financial Analyst

Banking

Salary group 2

1,487 - 3,403 USD

137. place

Financial Advisor

Economy, Finance, Accountancy

Salary group 2

1,133 - 3,920 USD

1. place

Sailor

Transport, Haulage, Logistics

Salary group 3

2,848 - 10,121 USD

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  • Salary for the position by region, education, experience, company size, age
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  • Salary range from 1st to 9th decile
  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Financial Analyst.

The total gross salary for the position Financial Analyst ranges between 1,318 USD and 5,315 USD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Algas.lv to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Financial Analyst have a total gross salary of at least 3,403 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 3,403 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,487 USD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Financial Analyst earns 2,931 USD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Algas.lv you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Financial Analyst, we currently have 77 verified respondents collected.