Chief Business Officer salary in Latvia

Average Yearly Salary of Chief Business Officer in Latvia is approximately 62,709 EUR (62,543 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 Chief Business Officer do?

The Chief Business Officer (CBO) is a high-level executive responsible for overseeing and managing the overall business operations of an organization. This role requires a combination of strategic thinking, financial acumen, and strong leadership skills. The CBO collaborates with other executives to develop and implement business plans, set goals, and drive growth initiatives. They are responsible for identifying new business opportunities, building strategic partnerships, and ensuring effective execution of business strategies. The CBO also plays a key role in financial planning, budgeting, and monitoring performance metrics to ensure the organization's financial health. Additionally, they may be involved in marketing, sales, and customer relationship management activities. Overall, the CBO is instrumental in shaping the organization's vision, driving revenue generation, and ensuring operational excellence.

Skills: Chief Business Officer, Executive Leadership, Strategic Planning, Financial Management, Business Development, Partnerships
Job industry: Business services

How much does Chief Business Officer make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Chief Business Officer a well paid job?

Yes, our data show that Chief Business Officer 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 Chief Business Officer?

High salary for Chief Business Officer would be somewhere between 68,980 EUR and 90,928 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chief Business Officer 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: 62,709 EUR
Estimated Monthly Salary: 5,226 EUR
Estimated Weekly Salary: 1,206 EUR per week
Estimated Hourly Salary: 30 EUR per hour
By working as Chief Business Officer a person can save up to 4,352 USD per month or 52,223 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 Chief Business Officer

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.

Top 10 highest salaries in Latvia

Data as of 2025

Random salary:
Jewelry repairer (9,978 EUR per year, pre-tax.)
Search marketing strategist (29,846 EUR per year, pre-tax.)
Program manager environmental consulting (30,326 EUR per year, pre-tax.)
Oncologist (169,891 EUR per year, pre-tax.)
Traffic manager (18,978 EUR per year, pre-tax.)

Feedback about these results