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Asset Manager salary in Latvia

Average Yearly Salary of Asset Manager in Latvia is approximately 31,794 EUR (31,851 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Asset Manager do?

occupation personasAn asset management coordinator is responsible for managing and coordinating all aspects of a company's assets, including physical assets such as equipment and property, as well as financial assets like investments and stocks. They work closely with various departments to ensure the efficient use and maintenance of assets throughout their lifecycle. This includes tracking and monitoring assets, conducting audits, updating records, and implementing strategies for asset optimization and cost reduction. The asset management coordinator also plays a crucial role in analyzing data and generating reports to provide insights on asset performance and trends. Strong organizational and communication skills are essential for this role, as well as attention to detail and problem-solving abilities.

Skills: asset management, coordination, asset optimization, data analysis, cost reduction, asset lifecycle.
Job industry: Finance


How much does Asset Manager make?

Salary details
How much does Asset Manager make?
Estimated Yearly Salary: 31,794 EUR
Estimated Monthly Salary: 2,650 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 30,700 EUR
Estimated Monthly Salary: 2,558 EUR
Estimated Weekly Salary: 590 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-07



Asset Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 31,851 USD
Estimated Monthly Salary: 2,654 USD
Estimated Weekly Salary: 613 USD per week
Estimated Hourly Salary: 15 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Latvia is a country located in Northern Europe, bordered by Estonia to the north, Lithuania to the south, Russia to the east, and Belarus to the southeast. It has a population of approximately 1.9 million people and covers an area of about 64,589 square kilometers.

Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Asset Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Asset Manager in Latvia earns on average:
1.63 times the average salary (or 163% of average salary).

Is Asset Manager a well paid job?

Yes, our data shows that Asset Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Asset Manager?

High salary for Asset Manager would be somewhere between 34,973 EUR and 46,101 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Asset Manager in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 31,794 EUR
Estimated Monthly Salary: 2,650 EUR
Estimated Weekly Salary: 611 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Asset Manager a person can save up to 1,794 USD per month or 21,531 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Asset Manager

Estonia is 40,823 USDup arrow 28%
Details on Asset Manager salary in Estonia
Russia is 19,000 USDdown arrow 40%
Details on Asset Manager salary in Russia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

(224,317 EUR per year, pre-tax.)
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
(170,871 EUR per year, pre-tax.)
(170,733 EUR per year, pre-tax.)
(170,497 EUR per year, pre-tax.)
(169,948 EUR per year, pre-tax.)
(169,943 EUR per year, pre-tax.)

Data as of 2025

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