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Economy, Finance, Accountancy

Salary for position Economist 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:
1,177 - 2,701 USD
10% earn less lthan 1,177 USD
10% earns more than 2,701 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 Economist position in the Latvia earn between 1,177 USD and 2,701 USD monthly net.

10% of employees earn less than 1,177 USD and 10% of people earn more than 2,701 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 Economist typically do

  • Responsibility for the processing and managing the accounting agenda of the company.
  • Checking customer payment of claims and liabilities of the company.
  • Cash management in domestic and/or foreign currency.
  • Drafting and recording internal regulations.
  • Submission of proposals for cost optimization of the company.
  • Preparing and submitting monthly, quarterly and annual statements and reports.
  • Preparing economic documents, reports and analyses for the company's management team.
  • Tax return preparation.
  • Assisting the tax office employees with tax inspections.

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The most common career path of an employee

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Position: Economist

The job position is
in the salary ranking on

257 place

Women representation in position

100%

Average age of respondent in position

41

606. place

Au-pair

General labour

Salary group 1

592 - 1,031 USD

258. place

Charge Nurse

Medicine & Social Care

Salary group 2

1,160 - 2,723 USD

257. place

Economist

Economy, Finance, Accountancy

Salary group 2

1,177 - 2,701 USD

256. place

Health and Safety Officer

Security & Protection

Salary group 2

1,076 - 2,838 USD

1. place

Sailor

Transport, Haulage, Logistics

Salary group 3

2,848 - 10,121 USD

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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Economist.

The total gross salary for the position Economist ranges between 893 USD and 3,618 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 Economist have a total gross salary of at least 2,701 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 2,701 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 1,177 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 Economist earns 1,966 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 Economist, we currently have 49 verified respondents collected.