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Business Advisory Services Manager salary in Latvia

Average Yearly Salary of Business Advisory Services Manager in Latvia is approximately 45,028 EUR (44,915 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 Business Advisory Services Manager do?

occupation personasA Business Advisory Services Manager is responsible for providing strategic guidance and advice to businesses in order to improve their overall performance and achieve their goals. They work closely with clients to understand their business needs, analyze financial data, identify areas for improvement, and develop effective solutions. This role involves conducting market research, analyzing industry trends, and keeping up-to-date with regulatory changes to provide clients with accurate and relevant advice. Business Advisory Services Managers also oversee project teams, manage client relationships, and ensure the successful implementation of recommended strategies.

Skills: Business advisory, Strategic guidance, Financial analysis, Performance improvement, Market research, Client relationship management.
Job industry: Consulting


How much does Business Advisory Services Manager make?

Salary details
How much does Business Advisory Services Manager make?
Estimated Yearly Salary: 45,028 EUR
Estimated Monthly Salary: 3,752 EUR
Estimated Weekly Salary: 866 EUR per week
Estimated Hourly Salary: 22 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 43,355 EUR
Estimated Monthly Salary: 3,613 EUR
Estimated Weekly Salary: 834 EUR per week
Estimated Hourly Salary: 21 EUR per hour
Last revision of data: 2024-01-07



Business Advisory Services Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 44,915 USD
Estimated Monthly Salary: 3,743 USD
Estimated Weekly Salary: 864 USD per week
Estimated Hourly Salary: 22 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 Business Advisory Services Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Business Advisory Services Manager in Latvia earns on average:
2.3 times the average salary (or 230% of average salary).

Is Business Advisory Services Manager a well paid job?

Yes, our data show that Business Advisory Services Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Advisory Services Manager?

High salary for Business Advisory Services Manager would be somewhere between 49,531 EUR and 65,291 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Advisory Services 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: 45,028 EUR
Estimated Monthly Salary: 3,752 EUR
Estimated Weekly Salary: 866 EUR per week
Estimated Hourly Salary: 22 EUR per hour
By working as Business Advisory Services Manager a person can save up to 2,883 USD per month or 34,595 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 Business Advisory Services Manager

Estonia is 57,607 USDup arrow 28%
Details on Business Advisory Services Manager salary in Estonia
Russia is 26,771 USDdown arrow 40%
Details on Business Advisory Services 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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optisalary.com aggregates salary data for reference use exclusively.
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optisalary.com presents salary estimates for educational purposes only. While we gather data from multiple providers, we cannot ensure absolute reliability. Users are encouraged to review external organizations before making any career decisions. Salaries shift due to various elements, such as market demand, employer policies, and geographic location. We cannot provide warranty regarding the correctness of the displayed salary figures. Your use of this site confirms your acceptance of these conditions.