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General Manager 1 salary in Latvia

Average Yearly Salary of General Manager 1 in Latvia is approximately 31,608 EUR (31,431 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 Manager 1 do?

occupation personasA General Manager is responsible for overseeing the overall operations and performance of a company or organization. They play a crucial role in strategic planning, setting goals, and ensuring the successful execution of business objectives. The General Manager is responsible for managing various departments, coordinating activities, and making decisions that impact the overall success of the company. They are also responsible for developing and implementing policies, monitoring financial performance, and ensuring compliance with regulations.

Skills: General Manager, Operations Management, Strategic Planning, Leadership, Decision-making, Financial Management
Job industry: Hospitality


How much does General Manager 1 make?

Salary details
How much does General Manager 1 make?
Estimated Yearly Salary: 31,608 EUR
Estimated Monthly Salary: 2,634 EUR
Estimated Weekly Salary: 608 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 30,466 EUR
Estimated Monthly Salary: 2,539 EUR
Estimated Weekly Salary: 586 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-08



General Manager 1 estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 31,431 USD
Estimated Monthly Salary: 2,619 USD
Estimated Weekly Salary: 604 USD per week
Estimated Hourly Salary: 15 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 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.

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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 General Manager 1 job salary compared to average salary in Latvia.
Comparison shows that a person working as General Manager 1 in Latvia earns on average:
1.62 times the average salary (or 162% of average salary).

Is General Manager 1 a well paid job?

Yes, our data shows that General Manager 1 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 General Manager 1?

High salary for General Manager 1 would be somewhere between 34,769 EUR and 45,832 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as General Manager 1 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: 31,608 EUR
Estimated Monthly Salary: 2,634 EUR
Estimated Weekly Salary: 608 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as General Manager 1 a person can save up to 1,759 USD per month or 21,111 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 Manager 1

Estonia is 40,526 USDup arrow 29%
Details on General Manager 1 salary in Estonia
Russia is 18,867 USDdown arrow 40%
Details on General Manager 1 salary in Russia
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(224,317 EUR per year, pre-tax.)
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
(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 2025

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