Home > Salary > Latvia > Business Unit Manager
A Business Unit Manager is responsible for overseeing the operations and performance of a specific business unit within an organization. They are tasked with developing and implementing strategies to achieve the unit's goals and objectives, managing budgets and resources, and ensuring efficient and effective delivery of products or services. The Business Unit Manager collaborates with various departments to align activities and drive overall business growth. They analyze market trends, competition, and customer needs to identify opportunities for improvement and innovation. Additionally, they monitor key performance indicators, evaluate performance against targets, and make necessary adjustments to optimize results. Strong leadership, strategic thinking, and excellent communication skills are essential in this role.
Estimated Yearly Salary: 48,612 EUR
Estimated Monthly Salary: 4,051 EUR
Estimated Weekly Salary: 935 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,925 EUR
Estimated Weekly Salary: 906 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 48,939 USD
Estimated Monthly Salary: 4,078 USD
Estimated Weekly Salary: 941 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 48,612 EUR
Estimated Monthly Salary: 4,051 EUR
Estimated Weekly Salary: 935 EUR per week
Estimated Hourly Salary: 23 EUR per hour
By working as Business Unit Manager a person can save up to 3,218 USD per month or 38,619 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.
Estimated Yearly Salary for Business Unit Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Anthropologist or archaeologist (25,075 EUR per year, pre-tax.)
Hr analyst (24,781 EUR per year, pre-tax.)
Digital producer (19,881 EUR per year, pre-tax.)
Coast guard seamanairmanfireman aviation (6,396 EUR per year, pre-tax.)
Guard gate (7,826 EUR per year, pre-tax.)
Business Unit Manager salary in Latvia
Average Yearly Salary of Business Unit Manager in Latvia is approximately 48,612 EUR (48,939 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 Unit Manager do?
A Business Unit Manager is responsible for overseeing the operations and performance of a specific business unit within an organization. They are tasked with developing and implementing strategies to achieve the unit's goals and objectives, managing budgets and resources, and ensuring efficient and effective delivery of products or services. The Business Unit Manager collaborates with various departments to align activities and drive overall business growth. They analyze market trends, competition, and customer needs to identify opportunities for improvement and innovation. Additionally, they monitor key performance indicators, evaluate performance against targets, and make necessary adjustments to optimize results. Strong leadership, strategic thinking, and excellent communication skills are essential in this role.
Skills: Business Unit Manager, Operations Management, Strategic Planning, Performance Analysis, Budget Management, Leadership Skills
Job industry: Retail
Job industry: Retail
How much does Business Unit Manager make?
Salary details
How much does Business Unit Manager make?Estimated Yearly Salary: 48,612 EUR
Estimated Monthly Salary: 4,051 EUR
Estimated Weekly Salary: 935 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 47,104 EUREstimated Monthly Salary: 3,925 EUR
Estimated Weekly Salary: 906 EUR per week
Estimated Hourly Salary: 23 EUR per hour
Last revision of data: 2024-01-03Business Unit Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 48,939 USD
Estimated Monthly Salary: 4,078 USD
Estimated Weekly Salary: 941 USD per week
Estimated Hourly Salary: 24 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
Please type in your occupation and select desired country to see latest trends in salaries.
Country:
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 Unit Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Business Unit Manager in Latvia earns on average:
2.48 times the average salary (or 248% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Business Unit Manager job salary compared to average salary in Latvia.
Comparison shows that a person working as Business Unit Manager in Latvia earns on average:
2.48 times the average salary (or 248% of average salary).
Is Business Unit Manager a well paid job?
Yes, our data show that Business Unit 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 Unit Manager?
High salary for Business Unit Manager would be somewhere between 53,473 EUR and 70,487 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Business Unit 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: 48,612 EUR
Estimated Monthly Salary: 4,051 EUR
Estimated Weekly Salary: 935 EUR per week
Estimated Hourly Salary: 23 EUR per hour
By working as Business Unit Manager a person can save up to 3,218 USD per month or 38,619 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 Unit Manager
Estonia is 62,513 USD
Russia is 29,120 USD
Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(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 2025Random salary:
Anthropologist or archaeologist (25,075 EUR per year, pre-tax.)
Hr analyst (24,781 EUR per year, pre-tax.)
Digital producer (19,881 EUR per year, pre-tax.)
Coast guard seamanairmanfireman aviation (6,396 EUR per year, pre-tax.)
Guard gate (7,826 EUR per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=latvia&job=business-unit-manager'><img src='https://optisalary.com/wp-content/graphs/salary/business-unit-manager-salary-in-latvia-2025.jpg' alt='business unit manager salary in latvia 2025' title='business unit manager salary in latvia 2025' /></a>
Please note:This website presents salary estimates for informational purposes only.
optisalary.com presents salary data for informational purposes exclusively. We attempt to provide reliable figures, but cannot assure their validity. Users are encouraged to consult alternative platforms before making financial choices. Salary amounts may vary due to company policies, market demands, and skills. We assume no liability for errors in the salary data provided. Your engagement with this site indicates agreement of this disclaimer.
The salary data on this site is intended for reference purposes only. We provide salary insights based on multiple sources, but cannot guarantee absolute accuracy. Users should consistently verify salary details with other reliable sources before making financial choices. Variations in salary figures may arise due to several circumstances, including company policies, market demand, and individual skills. We do not extend any warranty regarding the entirety of the displayed salary data. Use of optisalary.com constitutes acknowledgment of these conditions.