General Ledger Bookkeeper salary in Latvia

Average Yearly Salary of General Ledger Bookkeeper in Latvia is approximately 16,798 EUR (16,719 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 General Ledger Bookkeeper do?

A general ledger bookkeeper is responsible for maintaining and managing the financial records of a company. They record all financial transactions, including sales, purchases, payments, and receipts, into the general ledger system. They ensure accuracy and completeness of data by reconciling accounts and resolving discrepancies. The bookkeeper also prepares financial statements, such as balance sheets and income statements, and assists in the preparation of budgets and forecasts. They may also handle payroll processing, tax filings, and other financial tasks as required. Attention to detail, strong organizational skills, and proficiency in accounting software are essential for this role.

Skills: General ledger bookkeeper, Financial records management, Account reconciliation, Financial statement preparation, Budgeting and forecasting, Payroll processing
Job industry: Accounting

How much does General Ledger Bookkeeper make?

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


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Salary comparison to National average

Is General Ledger Bookkeeper a well paid job?

Yes, our data show that General Ledger Bookkeeper 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 General Ledger Bookkeeper?

High salary for General Ledger Bookkeeper would be somewhere between 18,478 EUR and 24,357 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Ledger Bookkeeper 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: 16,798 EUR
Estimated Monthly Salary: 1,400 EUR
Estimated Weekly Salary: 323 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as General Ledger Bookkeeper a person can save up to 533 USD per month or 6,399 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 General Ledger Bookkeeper

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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