Sap Fico Business Analyst salary in Latvia

Average Yearly Salary of Sap Fico Business Analyst in Latvia is approximately 26,755 EUR (26,585 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 Sap Fico Business Analyst do?

A SAP FICO Business Analyst is responsible for analyzing and optimizing financial and accounting processes within an organization using the SAP FICO module. They work closely with business stakeholders to gather requirements, design solutions, and implement SAP FICO functionalities to improve financial operations. Their main tasks include configuring SAP FICO modules, conducting system testing, resolving issues, and providing end-user training and support. The occupation requires a strong understanding of financial accounting principles, knowledge of SAP FICO module functionalities, and the ability to translate business requirements into technical solutions. Effective communication and problem-solving skills are also essential for collaborating with cross-functional teams and ensuring successful project implementations.

Skills: SAP FICO, Business Analyst, Financial Accounting, SAP Implementation, Process Optimization, System Configuration
Job industry: Information technology

How much does Sap Fico Business Analyst make?

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


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Salary comparison to National average

Is Sap Fico Business Analyst a well paid job?

Yes, our data shows that Sap Fico Business Analyst 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 Sap Fico Business Analyst?

High salary for Sap Fico Business Analyst would be somewhere between 29,431 EUR and 38,795 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sap Fico Business 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: 26,755 EUR
Estimated Monthly Salary: 2,230 EUR
Estimated Weekly Salary: 515 EUR per week
Estimated Hourly Salary: 13 EUR per hour
By working as Sap Fico Business Analyst a person can save up to 1,355 USD per month or 16,265 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 Sap Fico Business Analyst

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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