Home > Salary > Latvia > Inventory Planner

Inventory Planner salary in Latvia

Average Yearly Salary of Inventory Planner in Latvia is approximately 25,858 EUR (25,956 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 Inventory Planner do?

occupation personasAn inventory planner is responsible for managing and optimizing the inventory levels of a company. They analyze sales trends, demand patterns, and historical data to forecast future demand and determine the appropriate inventory levels needed to meet customer demands while minimizing costs. Inventory planners work closely with suppliers and vendors to ensure timely delivery of goods and maintain optimal stock levels. They also collaborate with other departments such as sales, marketing, and production to align inventory plans with business goals and objectives. Additionally, they monitor inventory turnover rates, identify slow-moving or obsolete products, and make recommendations for inventory adjustments or liquidations.

Skills: inventory management, supply chain, demand forecasting, procurement, data analysis, cost optimization
Job industry: Retail


How much does Inventory Planner make?

Salary details
How much does Inventory Planner make?
Estimated Yearly Salary: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 25,075 EUR
Estimated Monthly Salary: 2,090 EUR
Estimated Weekly Salary: 482 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Last revision of data: 2024-01-03



Inventory Planner estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 25,956 USD
Estimated Monthly Salary: 2,163 USD
Estimated Weekly Salary: 499 USD per week
Estimated Hourly Salary: 12 USD per hour


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

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

Please type in your occupation and select desired country to see latest trends in salaries.
Search
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 Inventory Planner job salary compared to average salary in Latvia.
Comparison shows that a person working as Inventory Planner in Latvia earns on average:
1.32 times the average salary (or 132% of average salary).

Is Inventory Planner a well paid job?

Yes, our data shows that Inventory Planner 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 Inventory Planner?

High salary for Inventory Planner would be somewhere between 28,444 EUR and 37,494 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Inventory Planner 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: 25,858 EUR
Estimated Monthly Salary: 2,155 EUR
Estimated Weekly Salary: 497 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Inventory Planner a person can save up to 1,303 USD per month or 15,636 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 Inventory Planner

Estonia is 33,424 USDup arrow 29%
Details on Inventory Planner salary in Estonia
Russia is 15,508 USDdown arrow 40%
Details on Inventory Planner 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

Random salary:
Bariatric dietitian (18,844 EUR per year, pre-tax.)
Camera operator television video or motion picture (22,045 EUR per year, pre-tax.)
Archeologist (24,138 EUR per year, pre-tax.)
Operator inserting machine (9,196 EUR per year, pre-tax.)
Programmer analyst (27,653 EUR per year, pre-tax.)

Frequently searched careers by keyword and country
Inventory planner
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
inventory planner salary in latvia 2025
Link to this graph - use the following code to display the salary graph on your page: <a href='https://optisalary.com/salary?country=latvia&job=inventory-planner'><img src='https://optisalary.com/wp-content/graphs/salary/inventory-planner-salary-in-latvia-2025.jpg' alt='inventory planner salary in latvia 2025' title='inventory planner salary in latvia 2025' /></a>
Please note:
The salary figures on this website are meant for reference use exclusively.
This website displays salary data solely for informational use. While we endeavor for accuracy, we do not guarantee the validity of all figures. Users should verify salary details with official organizations before making financial plans. Salary estimates can fluctuate based on multiple elements, such as company size, negotiation tactics, and industry demand. We accept no liability for errors in the pay estimates provided. By using optisalary.com, you acknowledge that salary data is not absolute.
optisalary.com aggregates salary information for reference purposes only. While we endeavor to deliver correct figures, we do not ensure their full precision. Users are highly advised to consult other sources before finalizing financial plans. Salary amounts vary based on multiple conditions, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the correctness of the provided data. Your access of this site acknowledges acceptance of this disclaimer.