Lead Business Analyst salary in Latvia

Average Yearly Salary of Lead Business Analyst in Latvia is approximately 40,933 EUR (41,096 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 Lead Business Analyst do?

The occupation of a Lead Business Analyst involves overseeing the analysis and evaluation of business processes, systems, and data to identify areas for improvement and recommend solutions. They work closely with stakeholders to gather requirements, define project objectives, and ensure alignment with business goals. The Lead Business Analyst also plays a crucial role in managing and prioritizing project tasks, coordinating with cross-functional teams, and facilitating communication between technical and non-technical teams. They are responsible for conducting feasibility studies, creating business cases, and developing comprehensive documentation such as project plans, functional specifications, and test plans. Additionally, the Lead Business Analyst may provide guidance and mentorship to junior analysts, ensuring the successful execution of projects.

Skills: Lead Business Analyst, Business Analysis, Project Management, Stakeholder Engagement, Requirements Gathering, Process Improvement
Job industry: Information technology

How much does Lead Business 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 Lead Business Analyst a well paid job?

Yes, our data show that Lead Business Analyst is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Lead Business Analyst?

High salary for Lead Business Analyst would be somewhere between 45,026 EUR and 59,353 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Lead Business 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: 40,933 EUR
Estimated Monthly Salary: 3,411 EUR
Estimated Weekly Salary: 787 EUR per week
Estimated Hourly Salary: 20 EUR per hour
By working as Lead Business Analyst a person can save up to 2,565 USD per month or 30,776 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 Lead Business 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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