Competitive Pricing Analyst salary in Latvia

Average Yearly Salary of Competitive Pricing Analyst in Latvia is approximately 24,212 EUR (24,248 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 Competitive Pricing Analyst do?

A competitive pricing analyst is responsible for analyzing market trends, competitor pricing strategies, and consumer behavior to determine optimal pricing strategies for a company's products or services. They gather and analyze data from various sources, such as sales reports, market research, and industry benchmarks, to identify pricing opportunities and risks. Their main objective is to ensure that the company remains competitive in the market while maximizing profitability. The role of a competitive pricing analyst requires strong analytical and problem-solving skills, as well as proficiency in data analysis tools and techniques. They must have a deep understanding of the industry and market dynamics to make informed pricing recommendations. Effective communication skills are also crucial, as they often collaborate with cross-functional teams to implement pricing strategies and monitor their impact.

Skills: competitive pricing, market analysis, data analysis, pricing strategies, market research, profitability.
Job industry: Retail

How much does Competitive Pricing Analyst make?

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


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Salary comparison to National average

Is Competitive Pricing Analyst a well paid job?

Yes, our data shows that Competitive Pricing Analyst 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 Competitive Pricing Analyst?

High salary for Competitive Pricing Analyst would be somewhere between 26,633 EUR and 35,107 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Competitive Pricing Analyst 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: 24,212 EUR
Estimated Monthly Salary: 2,018 EUR
Estimated Weekly Salary: 466 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Competitive Pricing Analyst a person can save up to 1,161 USD per month or 13,928 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 Competitive Pricing Analyst

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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