Buyer Technical Products salary in Latvia

Average Yearly Salary of Buyer Technical Products in Latvia is approximately 27,140 EUR (27,073 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 Buyer Technical Products do?

A buyer of technical products is responsible for sourcing and purchasing various technical equipment and products required by a company or organization. This occupation involves conducting market research to identify suppliers, negotiating pricing and terms, evaluating product quality and specifications, and managing inventory levels. The buyer must stay updated on the latest technological advancements and trends in order to make informed decisions about which products to purchase. They collaborate with internal teams such as engineering and operations to understand their technical requirements and ensure that the purchased products meet those needs. Additionally, they may be involved in vendor management, maintaining relationships with suppliers, and resolving any issues or concerns that arise. This role requires strong analytical skills, attention to detail, negotiation abilities, and the ability to work well in a team.

Skills: Technical buyer, Procurement specialist, Supply chain management, Vendor management, Market research, Negotiation skills
Job industry: Electronics

How much does Buyer Technical Products make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Buyer Technical Products a well paid job?

Yes, our data shows that Buyer Technical Products 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 Buyer Technical Products?

High salary for Buyer Technical Products would be somewhere between 29,854 EUR and 39,353 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Buyer Technical Products 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: 27,140 EUR
Estimated Monthly Salary: 2,262 EUR
Estimated Weekly Salary: 522 EUR per week
Estimated Hourly Salary: 13 EUR per hour
By working as Buyer Technical Products a person can save up to 1,396 USD per month or 16,753 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 Buyer Technical Products

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 +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 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.

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Data as of 2025

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