Home > Salary > Latvia > Product Engineer
A product engineer is responsible for designing, developing, and testing new products or improving existing ones. They work closely with cross-functional teams, including design, manufacturing, and marketing, to ensure that the product meets customer requirements and market demands. Product engineers analyze product specifications, create prototypes, and conduct thorough testing to identify and resolve any technical issues. They also collaborate with suppliers to source materials and components required for production. Additionally, product engineers monitor the product's performance in the market and gather feedback to make necessary improvements.
Estimated Yearly Salary: 31,268 EUR
Estimated Monthly Salary: 2,606 EUR
Estimated Weekly Salary: 601 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,519 EUR
Estimated Weekly Salary: 581 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 31,357 USD
Estimated Monthly Salary: 2,613 USD
Estimated Weekly Salary: 603 USD per week
Estimated Hourly Salary: 15 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: 31,268 EUR
Estimated Monthly Salary: 2,606 EUR
Estimated Weekly Salary: 601 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Product Engineer a person can save up to 1,753 USD per month or 21,037 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 Product Engineer
Last revision of data: 2025-01-04
Data as of 2025
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Product Engineer salary in Latvia
Average Yearly Salary of Product Engineer in Latvia is approximately 31,268 EUR (31,357 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 Product Engineer do?
A product engineer is responsible for designing, developing, and testing new products or improving existing ones. They work closely with cross-functional teams, including design, manufacturing, and marketing, to ensure that the product meets customer requirements and market demands. Product engineers analyze product specifications, create prototypes, and conduct thorough testing to identify and resolve any technical issues. They also collaborate with suppliers to source materials and components required for production. Additionally, product engineers monitor the product's performance in the market and gather feedback to make necessary improvements.
Skills: Product Development, Design Engineering, Testing, Prototyping, Manufacturing, Market Analysis
Job industry: Engineering
Job industry: Engineering
How much does Product Engineer make?
Salary details
How much does Product Engineer make?Estimated Yearly Salary: 31,268 EUR
Estimated Monthly Salary: 2,606 EUR
Estimated Weekly Salary: 601 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 30,231 EUREstimated Monthly Salary: 2,519 EUR
Estimated Weekly Salary: 581 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-06Product Engineer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 31,357 USD
Estimated Monthly Salary: 2,613 USD
Estimated Weekly Salary: 603 USD per week
Estimated Hourly Salary: 15 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 Product Engineer job salary compared to average salary in Latvia.
Comparison shows that a person working as Product Engineer in Latvia earns on average:
1.6 times the average salary (or 160% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Product Engineer job salary compared to average salary in Latvia.
Comparison shows that a person working as Product Engineer in Latvia earns on average:
1.6 times the average salary (or 160% of average salary).
Is Product Engineer a well paid job?
Yes, our data shows that Product Engineer 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 Product Engineer?
High salary for Product Engineer would be somewhere between 34,395 EUR and 45,339 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Engineer 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: 31,268 EUR
Estimated Monthly Salary: 2,606 EUR
Estimated Weekly Salary: 601 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Product Engineer a person can save up to 1,753 USD per month or 21,037 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 Product Engineer
Estonia is 40,302 USD
Russia is 18,621 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:
Instructor business education (24,655 EUR per year, pre-tax.)
Lead mammography technician (30,700 EUR per year, pre-tax.)
Home health aide (hha), manager (11,425 EUR per year, pre-tax.)
Electrophysiologist (143,891 EUR per year, pre-tax.)
Art teacher (16,043 EUR per year, pre-tax.)
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