Average salary in Latvia
Gross and take-home pay, by industry and against other countries
Average salary
Take-home / mo
€1,260
Gross / yr
€20,700
Latvia is a small, open Baltic economy that has built itself up steadily, and a serious career here earns a respectable living without reaching the top of the continent. Pay sits toward the lower end for Europe even as it clears most of the world, and you keep the bulk of it — a fair return in a country still closing the gap with its western neighbours.
Salaries in Latvia by industry
Your field shapes your pay here, though not dramatically. IT, finance, and the professional and scientific trades sit at the top, while real estate, education, and hospitality bring up the rear — so the work you choose tilts your income in one direction or the other without being the whole story.
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What you could earn in Latvia
Tell us what you do and what you earn today — we'll estimate what someone with your background could earn in Latvia, what your living costs might be, and what you could save
- What someone in your field earns
- What you could spend and save
- How it compares with today
Take-home in Latvia
€821/mo
vs €1,040 in your country
Cost of living
€472
vs €692 in your country
Potential savings
€349
more than in your country
Standard of living
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How salaries in Latvia compare
Latvia ranks low within Europe yet still out-earns most of the world, the familiar position of a Baltic economy that opened late and has been catching up since. It pays modestly by the standards of its own continent, which says more about its wealthy neighbours than any weakness of its own.
Data source: Structure of Earnings Survey 2024 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the average salary in Latvia?
The average salary in Latvia is €1,730 a month before tax, or €1,260 take-home after tax and social contributions. Over a year that's €20,700 before tax and €15,100 after.
What is the average salary in Latvia in US dollars?
The average salary in Latvia in US dollars is about $23,976 a year before tax, or $1,457 a month after tax.
What salary do you need to live comfortably in Latvia?
A typical person in Latvia spends about €1,080 a month, while the average take-home pay is €1,260. How much you need to live comfortably depends on the city, your family situation, and how you usually spend. See the cost of living in Latvia for the full picture.
What are the highest-paying jobs in Latvia?
The highest-paying jobs in Latvia are in IT, finance, and professional. Take-home pay in these industries averages around €2,050 a month (about €33,800 gross a year), roughly 63% above the national average.
What are the lowest-paying jobs in Latvia?
Hospitality is the lowest-paying industry in Latvia. Pay there averages around €846 a month take-home (about €13,900 gross a year). For comparison, the highest-paying industries pay about 2.4 times more.
What is a good salary in Latvia?
A good salary in Latvia is generally one above the national average — more than €1,260 take-home a month, or €20,700 gross a year. But a lot depends on your spending, where you live, and your financial goals.
Is Latvia a high-salary country?
Yes. By average after-tax pay, Latvia is ahead of 70% of countries worldwide and ranks 28th out of 41 countries in Europe.
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Living in Latvia
See the full country overview