Home > Salary > Latvia > Senior Budget Analyst
A senior budget analyst is a financial professional responsible for analyzing and managing the budgetary needs of an organization. They play a crucial role in ensuring the efficient allocation of resources and the achievement of financial goals. Their primary responsibilities include developing and implementing budgetary policies, conducting financial analysis to identify areas of improvement, and providing recommendations to senior management on budgetary decisions. They also monitor and track expenses, prepare budget reports, and assist in the development of long-term financial plans. A senior budget analyst must possess excellent analytical skills, attention to detail, and a strong understanding of financial principles. They should have the ability to interpret complex financial data and communicate it effectively to stakeholders. This occupation requires proficiency in financial software and advanced knowledge of budgeting techniques and regulations.
Estimated Yearly Salary: 32,174 EUR
Estimated Monthly Salary: 2,681 EUR
Estimated Weekly Salary: 619 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,597 EUR
Estimated Weekly Salary: 599 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 32,319 USD
Estimated Monthly Salary: 2,693 USD
Estimated Weekly Salary: 622 USD per week
Estimated Hourly Salary: 16 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: 32,174 EUR
Estimated Monthly Salary: 2,681 EUR
Estimated Weekly Salary: 619 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Senior Budget Analyst a person can save up to 1,833 USD per month or 21,999 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 Senior Budget Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Senior Budget Analyst salary in Latvia
Average Yearly Salary of Senior Budget Analyst in Latvia is approximately 32,174 EUR (32,319 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 Senior Budget Analyst do?
A senior budget analyst is a financial professional responsible for analyzing and managing the budgetary needs of an organization. They play a crucial role in ensuring the efficient allocation of resources and the achievement of financial goals. Their primary responsibilities include developing and implementing budgetary policies, conducting financial analysis to identify areas of improvement, and providing recommendations to senior management on budgetary decisions. They also monitor and track expenses, prepare budget reports, and assist in the development of long-term financial plans. A senior budget analyst must possess excellent analytical skills, attention to detail, and a strong understanding of financial principles. They should have the ability to interpret complex financial data and communicate it effectively to stakeholders. This occupation requires proficiency in financial software and advanced knowledge of budgeting techniques and regulations.
Skills: Senior Budget Analyst, Financial Analysis, Resource Allocation, Financial Planning, Budget Management, Financial Reporting
Job industry: Finance
Job industry: Finance
How much does Senior Budget Analyst make?
Salary details
How much does Senior Budget Analyst make?Estimated Yearly Salary: 32,174 EUR
Estimated Monthly Salary: 2,681 EUR
Estimated Weekly Salary: 619 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: 31,169 EUREstimated Monthly Salary: 2,597 EUR
Estimated Weekly Salary: 599 EUR per week
Estimated Hourly Salary: 15 EUR per hour
Last revision of data: 2024-01-07Senior Budget Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 32,319 USD
Estimated Monthly Salary: 2,693 USD
Estimated Weekly Salary: 622 USD per week
Estimated Hourly Salary: 16 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
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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 Senior Budget Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Senior Budget Analyst in Latvia earns on average:
1.64 times the average salary (or 164% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Senior Budget Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Senior Budget Analyst in Latvia earns on average:
1.64 times the average salary (or 164% of average salary).
Is Senior Budget Analyst a well paid job?
Yes, our data shows that Senior Budget 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 Senior Budget Analyst?
High salary for Senior Budget Analyst would be somewhere between 35,391 EUR and 46,652 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Budget 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: 32,174 EUR
Estimated Monthly Salary: 2,681 EUR
Estimated Weekly Salary: 619 EUR per week
Estimated Hourly Salary: 15 EUR per hour
By working as Senior Budget Analyst a person can save up to 1,833 USD per month or 21,999 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 Senior Budget Analyst
Estonia is 41,314 USD
Russia is 19,190 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:
Human resources (hr), professional (23,201 EUR per year, pre-tax.)
Provost (69,836 EUR per year, pre-tax.)
Research associate law (18,782 EUR per year, pre-tax.)
Warehouse lead (12,130 EUR per year, pre-tax.)
Store cleaning manager (7,607 EUR per year, pre-tax.)
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Salary details presented on optisalary.com are intended for reference purposes only. Our data is sourced through various inputs and may not always be accurate. Users should cross-reference salary information through other means before making employment decisions. The figures shown here may change due to factors such as location, industry standards, and individual skill sets. We do not warrant that the information displayed is flawless. By using optisalary.com, you accept that salary information is offered 'as is' and without assurances.
Salary details displayed on this website are intended for informational purposes only. Our data comes from multiple sources and may not necessarily be up to date. Users must verify salary information through other means before making financial commitments. The figures shown here may fluctuate due to factors such as location, industry standards, and individual skill sets. We do not guarantee that the information displayed is error-free. By using this website, you accept that salary information is offered 'as is' and without assurances.