Manager Marketing Business Development salary in Latvia

Average Yearly Salary of Manager Marketing Business Development in Latvia is approximately 29,867 EUR (29,747 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 Manager Marketing Business Development do?

A Manager of Marketing and Business Development is responsible for overseeing the marketing strategies and business growth initiatives of a company. They analyze market trends, identify potential opportunities, and develop effective marketing campaigns to promote the company's products or services. This role involves conducting market research, competitor analysis, and customer segmentation to identify target markets and create marketing plans accordingly. The Manager of Marketing and Business Development also collaborates with cross-functional teams to develop innovative marketing strategies, manage advertising and promotional activities, and ensure brand consistency across all channels. They play a crucial role in building relationships with clients, partners, and stakeholders to expand business opportunities and drive revenue growth. This position requires strong leadership skills, strategic thinking, excellent communication abilities, and a deep understanding of marketing principles and business development strategies.

Skills: Marketing, Business Development, Market Research, Strategic Planning, Brand Management, Revenue Growth
Job industry: Marketing

How much does Manager Marketing Business Development make?

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


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Salary comparison to National average

Is Manager Marketing Business Development a well paid job?

Yes, our data shows that Manager Marketing Business Development 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 Manager Marketing Business Development?

High salary for Manager Marketing Business Development would be somewhere between 32,854 EUR and 43,307 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Manager Marketing Business Development 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: 29,867 EUR
Estimated Monthly Salary: 2,489 EUR
Estimated Weekly Salary: 574 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Manager Marketing Business Development a person can save up to 1,619 USD per month or 19,427 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 Manager Marketing Business Development

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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