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Research Analyst Financial salary in Latvia

Average Yearly Salary of Research Analyst Financial in Latvia is approximately 29,191 EUR (29,123 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 Research Analyst Financial do?

occupation personasA research analyst in finance is responsible for conducting extensive research and analysis of financial data to provide insights and recommendations to clients or organizations. They gather and analyze financial information, such as market trends, company performance, economic indicators, and investment opportunities. Research analysts use various techniques and tools to evaluate data, including financial modeling, statistical analysis, and industry research. They produce reports and presentations summarizing their findings and make recommendations for investment decisions or strategies. Additionally, they may monitor and track the performance of investments and provide updates to clients. This role requires strong analytical skills, attention to detail, and a deep understanding of financial markets and instruments.

Skills: Research Analyst, Financial Research, Financial Analysis, Investment Research, Market Trends, Data Analysis
Job industry: Finance


How much does Research Analyst Financial make?

Salary details
How much does Research Analyst Financial make?
Estimated Yearly Salary: 29,191 EUR
Estimated Monthly Salary: 2,433 EUR
Estimated Weekly Salary: 561 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 28,122 EUR
Estimated Monthly Salary: 2,344 EUR
Estimated Weekly Salary: 541 EUR per week
Estimated Hourly Salary: 14 EUR per hour
Last revision of data: 2024-01-08



Research Analyst Financial estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 29,123 USD
Estimated Monthly Salary: 2,427 USD
Estimated Weekly Salary: 560 USD per week
Estimated Hourly Salary: 14 USD per hour


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

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.

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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 Research Analyst Financial job salary compared to average salary in Latvia.
Comparison shows that a person working as Research Analyst Financial in Latvia earns on average:
1.49 times the average salary (or 149% of average salary).

Is Research Analyst Financial a well paid job?

Yes, our data shows that Research Analyst Financial 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 Research Analyst Financial?

High salary for Research Analyst Financial would be somewhere between 32,110 EUR and 42,327 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Research Analyst Financial 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: 29,191 EUR
Estimated Monthly Salary: 2,433 EUR
Estimated Weekly Salary: 561 EUR per week
Estimated Hourly Salary: 14 EUR per hour
By working as Research Analyst Financial a person can save up to 1,567 USD per month or 18,803 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 Research Analyst Financial

Estonia is 37,323 USDup arrow 28%
Details on Research Analyst Financial salary in Estonia
Russia is 17,420 USDdown arrow 40%
Details on Research Analyst Financial salary in Russia
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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.

Top 10 highest salaries in Latvia

(224,317 EUR per year, pre-tax.)
(186,760 EUR per year, pre-tax.)
(179,947 EUR per year, pre-tax.)
(174,646 EUR per year, pre-tax.)
(174,433 EUR per year, pre-tax.)
(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 2025

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The salary estimates on this website are meant for informational use exclusively. We collect salary data from varied sources, but do not guarantee absolute accuracy. Users should on their own confirm salaries before making financial commitments. Salary fluctuations occur due to industry standards, demand shifts, and location. We disclaim any guarantee regarding the correctness of the listed salary data. By accessing this site, you acknowledge that salary data is not definitive.