Home > Salary > Latvia > Payroll Accountant
A payroll accountant is responsible for ensuring accurate and timely processing of employee wages and benefits within an organization. They compile and maintain payroll records, calculate salaries, deductions, and taxes, and prepare payroll reports. Additionally, they may handle issues related to overtime, leave, and employee benefits. Payroll accountants must stay up-to-date with tax laws and regulations to ensure compliance and accurate reporting. They may also assist in audits and provide support during the budgeting process.
Estimated Yearly Salary: 24,249 EUR
Estimated Monthly Salary: 2,021 EUR
Estimated Weekly Salary: 466 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,953 EUR
Estimated Weekly Salary: 451 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 24,267 USD
Estimated Monthly Salary: 2,022 USD
Estimated Weekly Salary: 467 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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
Estimated Yearly Salary: 24,249 EUR
Estimated Monthly Salary: 2,021 EUR
Estimated Weekly Salary: 466 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Payroll Accountant a person can save up to 1,162 USD per month or 13,947 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.
Estimated Yearly Salary for Payroll Accountant
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Payroll Accountant salary in Latvia
Average Yearly Salary of Payroll Accountant in Latvia is approximately 24,249 EUR (24,267 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 Payroll Accountant do?
A payroll accountant is responsible for ensuring accurate and timely processing of employee wages and benefits within an organization. They compile and maintain payroll records, calculate salaries, deductions, and taxes, and prepare payroll reports. Additionally, they may handle issues related to overtime, leave, and employee benefits. Payroll accountants must stay up-to-date with tax laws and regulations to ensure compliance and accurate reporting. They may also assist in audits and provide support during the budgeting process.
Skills: payroll accountant, payroll processing, payroll records, salary calculations, tax compliance, employee benefits
Job industry: Accounting
Job industry: Accounting
How much does Payroll Accountant make?
Salary details
How much does Payroll Accountant make?Estimated Yearly Salary: 24,249 EUR
Estimated Monthly Salary: 2,021 EUR
Estimated Weekly Salary: 466 EUR per week
Estimated Hourly Salary: 12 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 23,435 EUREstimated Monthly Salary: 1,953 EUR
Estimated Weekly Salary: 451 EUR per week
Estimated Hourly Salary: 11 EUR per hour
Last revision of data: 2024-01-08Payroll Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 24,267 USD
Estimated Monthly Salary: 2,022 USD
Estimated Weekly Salary: 467 USD per week
Estimated Hourly Salary: 12 USD per hour
Difference in salary year over year or average salary increase is approximately
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
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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 Payroll Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as Payroll Accountant in Latvia earns on average:
1.24 times the average salary (or 124% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Payroll Accountant job salary compared to average salary in Latvia.
Comparison shows that a person working as Payroll Accountant in Latvia earns on average:
1.24 times the average salary (or 124% of average salary).
Is Payroll Accountant a well paid job?
Yes, our data shows that Payroll Accountant 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 Payroll Accountant?
High salary for Payroll Accountant would be somewhere between 26,674 EUR and 35,161 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Payroll Accountant 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: 24,249 EUR
Estimated Monthly Salary: 2,021 EUR
Estimated Weekly Salary: 466 EUR per week
Estimated Hourly Salary: 12 EUR per hour
By working as Payroll Accountant a person can save up to 1,162 USD per month or 13,947 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 Payroll Accountant
Estonia is 31,201 USD
Russia is 14,451 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Latvia
(224,317 EUR per year, pre-tax.)
2. Cardiologist
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
6. Urologist
(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 2025Random salary:
Board operator (10,311 EUR per year, pre-tax.)
Brand strategist (27,731 EUR per year, pre-tax.)
Strategic planning supervisor (28,761 EUR per year, pre-tax.)
Director of alumni relations (29,528 EUR per year, pre-tax.)
Shop foreman (16,435 EUR per year, pre-tax.)
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