Home > Salary > Latvia > Fraud Analyst
A fraud analyst is responsible for detecting and preventing fraudulent activities within an organization. They analyze data, investigate suspicious transactions, and identify patterns or trends that may indicate fraudulent behavior. The main goal of a fraud analyst is to minimize financial losses and protect the company's reputation. They work closely with other departments such as finance, risk management, and law enforcement agencies to gather information and develop strategies to prevent fraud. Additionally, fraud analysts may also be involved in creating fraud detection systems and implementing fraud prevention measures. Attention to detail, strong analytical skills, and knowledge of fraud detection techniques are essential for success in this occupation.
Estimated Yearly Salary: 16,761 EUR
Estimated Monthly Salary: 1,397 EUR
Estimated Weekly Salary: 322 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,348 EUR
Estimated Weekly Salary: 311 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 16,785 USD
Estimated Monthly Salary: 1,399 USD
Estimated Weekly Salary: 323 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 16,761 EUR
Estimated Monthly Salary: 1,397 EUR
Estimated Weekly Salary: 322 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Fraud Analyst a person can save up to 539 USD per month or 6,465 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 Fraud Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Fraud Analyst salary in Latvia
Average Yearly Salary of Fraud Analyst in Latvia is approximately 16,761 EUR (16,785 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 Fraud Analyst do?
A fraud analyst is responsible for detecting and preventing fraudulent activities within an organization. They analyze data, investigate suspicious transactions, and identify patterns or trends that may indicate fraudulent behavior. The main goal of a fraud analyst is to minimize financial losses and protect the company's reputation. They work closely with other departments such as finance, risk management, and law enforcement agencies to gather information and develop strategies to prevent fraud. Additionally, fraud analysts may also be involved in creating fraud detection systems and implementing fraud prevention measures. Attention to detail, strong analytical skills, and knowledge of fraud detection techniques are essential for success in this occupation.
Skills: Fraud analyst, Risk management, Fraud detection, Financial loss prevention, Data analysis, Investigative skills
Job industry: Finance
Job industry: Finance
How much does Fraud Analyst make?
Salary details
How much does Fraud Analyst make?Estimated Yearly Salary: 16,761 EUR
Estimated Monthly Salary: 1,397 EUR
Estimated Weekly Salary: 322 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 16,170 EUREstimated Monthly Salary: 1,348 EUR
Estimated Weekly Salary: 311 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-02Fraud Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,785 USD
Estimated Monthly Salary: 1,399 USD
Estimated Weekly Salary: 323 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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 Fraud Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Fraud Analyst in Latvia earns on average:
0.86 times the average salary (or 86% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Fraud Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Fraud Analyst in Latvia earns on average:
0.86 times the average salary (or 86% of average salary).
Is Fraud Analyst a well paid job?
Yes, our data show that Fraud Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Fraud Analyst?
High salary for Fraud Analyst would be somewhere between 18,437 EUR and 24,303 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Fraud 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: 16,761 EUR
Estimated Monthly Salary: 1,397 EUR
Estimated Weekly Salary: 322 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Fraud Analyst a person can save up to 539 USD per month or 6,465 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 Fraud Analyst
Estonia is 21,569 USD
Russia is 9,974 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:
Storeroom supervisor (22,966 EUR per year, pre-tax.)
Stuntman (24,607 EUR per year, pre-tax.)
Data center technician ii (19,174 EUR per year, pre-tax.)
Facility operator (15,040 EUR per year, pre-tax.)
Geographic information systems (gis), developer (27,185 EUR per year, pre-tax.)
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