Marketing Business Development Manager salary in Latvia

Average Yearly Salary of Marketing Business Development Manager in Latvia is approximately 28,714 EUR (28,550 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 Marketing Business Development Manager do?

A Marketing Business Development Manager is responsible for identifying and pursuing new business opportunities to drive growth and increase revenue for a company. They develop and implement strategic marketing plans, conduct market research, and identify target markets and customer segments. They build and maintain relationships with clients and partners, negotiate contracts, and collaborate with cross-functional teams to ensure successful delivery of products or services. A Marketing Business Development Manager also analyzes market trends and competitor activities, develops pricing strategies, and monitors the effectiveness of marketing campaigns. Strong communication and interpersonal skills are essential for this role, as well as the ability to think creatively and strategically.

Skills: Marketing, Business Development, Sales, Strategy, Market Research, Relationship Management
Job industry: Marketing

How much does Marketing Business Development Manager make?

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


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Salary comparison to National average

Is Marketing Business Development Manager a well paid job?

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

High salary for Marketing Business Development Manager would be somewhere between 31,585 EUR and 41,635 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Marketing Business Development Manager 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: 28,714 EUR
Estimated Monthly Salary: 2,393 EUR
Estimated Weekly Salary: 552 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Marketing Business Development Manager a person can save up to 1,519 USD per month or 18,230 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 Marketing Business Development Manager

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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