Home > Salary > Latvia > Rating Analyst
A rating analyst is a professional who evaluates the creditworthiness of individuals, companies, or financial instruments. They assess the risk associated with lending money or investing in various entities and provide ratings based on their analysis. These ratings help investors, lenders, and other stakeholders make informed decisions about the creditworthiness and stability of the entity being rated. Rating analysts typically review financial statements, conduct industry analysis, and evaluate management strategies to determine the likelihood of default or financial distress. They use quantitative models and qualitative judgment to assign ratings such as AAA, AA, A, BBB, etc. These ratings are crucial for investors and institutions to assess the potential risks and returns of their investments. Strong analytical skills, financial knowledge, attention to detail, and the ability to interpret complex data are essential for success in this occupation.
Estimated Yearly Salary: 16,285 EUR
Estimated Monthly Salary: 1,357 EUR
Estimated Weekly Salary: 313 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,308 EUR
Estimated Weekly Salary: 302 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 16,224 USD
Estimated Monthly Salary: 1,352 USD
Estimated Weekly Salary: 312 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 16,285 EUR
Estimated Monthly Salary: 1,357 EUR
Estimated Weekly Salary: 313 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Rating Analyst a person can save up to 492 USD per month or 5,904 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 Rating Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Rating Analyst salary in Latvia
Average Yearly Salary of Rating Analyst in Latvia is approximately 16,285 EUR (16,224 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 Rating Analyst do?

Skills: Rating Analyst, Credit Analysis, Risk Assessment, Financial Ratings, Investment Research, Creditworthiness Evaluation
Job industry: Finance
Job industry: Finance
How much does Rating Analyst make?
Salary details
How much does Rating Analyst make?Estimated Yearly Salary: 16,285 EUR
Estimated Monthly Salary: 1,357 EUR
Estimated Weekly Salary: 313 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 15,701 EUREstimated Monthly Salary: 1,308 EUR
Estimated Weekly Salary: 302 EUR per week
Estimated Hourly Salary: 8 EUR per hour
Rating Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 16,224 USD
Estimated Monthly Salary: 1,352 USD
Estimated Weekly Salary: 312 USD per week
Estimated Hourly Salary: 8 USD per hour
Difference in salary year over year or average salary increase is approximately
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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Rating Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Rating Analyst in Latvia earns on average:
0.83 times the average salary (or 83% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Rating Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Rating Analyst in Latvia earns on average:
0.83 times the average salary (or 83% of average salary).
Is Rating Analyst a well paid job?
Yes, our data show that Rating Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Rating Analyst?
High salary for Rating Analyst would be somewhere between 17,914 EUR and 23,613 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Rating 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: 16,285 EUR
Estimated Monthly Salary: 1,357 EUR
Estimated Weekly Salary: 313 EUR per week
Estimated Hourly Salary: 8 EUR per hour
By working as Rating Analyst a person can save up to 492 USD per month or 5,904 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 Rating Analyst
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 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.)
Random salary:
Failure analysis engineer (32,721 EUR per year, pre-tax.)
Information technology (it), director (42,065 EUR per year, pre-tax.)
Broadcast technician (16,769 EUR per year, pre-tax.)
Assistant vice president (avp), property management (40,852 EUR per year, pre-tax.)
Millwright (22,090 EUR per year, pre-tax.)
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