Home > Salary > Latvia > Sr. Economic Analyst
A Senior Economic Analyst is a professional who analyzes economic data and trends to provide insights and recommendations for decision-making. They collect and interpret economic indicators, such as GDP, inflation rates, employment levels, and consumer spending, to assess the state of the economy and its impact on businesses and industries. Senior Economic Analysts often work in government agencies, financial institutions, consulting firms, or research organizations.
Their responsibilities include conducting economic research, developing economic models, forecasting economic outcomes, and preparing reports and presentations for stakeholders. They may also provide guidance on policy development, investment strategies, and market trends. Strong analytical skills, knowledge of economic principles, and proficiency in statistical software are essential for this role. Effective communication and presentation skills are also crucial for conveying complex economic concepts to non-experts.
Estimated Yearly Salary: 36,091 EUR
Estimated Monthly Salary: 3,008 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,910 EUR
Estimated Weekly Salary: 672 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-08
Estimated Yearly Salary: 36,032 USD
Estimated Monthly Salary: 3,003 USD
Estimated Weekly Salary: 693 USD per week
Estimated Hourly Salary: 17 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: 36,091 EUR
Estimated Monthly Salary: 3,008 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
By working as Sr. Economic Analyst a person can save up to 2,143 USD per month or 25,712 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 Sr. Economic Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Sr. Economic Analyst salary in Latvia
Average Yearly Salary of Sr. Economic Analyst in Latvia is approximately 36,091 EUR (36,032 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 Sr. Economic Analyst do?
A Senior Economic Analyst is a professional who analyzes economic data and trends to provide insights and recommendations for decision-making. They collect and interpret economic indicators, such as GDP, inflation rates, employment levels, and consumer spending, to assess the state of the economy and its impact on businesses and industries. Senior Economic Analysts often work in government agencies, financial institutions, consulting firms, or research organizations.
Their responsibilities include conducting economic research, developing economic models, forecasting economic outcomes, and preparing reports and presentations for stakeholders. They may also provide guidance on policy development, investment strategies, and market trends. Strong analytical skills, knowledge of economic principles, and proficiency in statistical software are essential for this role. Effective communication and presentation skills are also crucial for conveying complex economic concepts to non-experts.
Skills: Senior Economic Analyst, Economic Research, Data Analysis, Economic Forecasting, Policy Development, Market Trends
Job industry: Finance
Job industry: Finance
How much does Sr. Economic Analyst make?
Salary details
How much does Sr. Economic Analyst make?Estimated Yearly Salary: 36,091 EUR
Estimated Monthly Salary: 3,008 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 34,918 EUREstimated Monthly Salary: 2,910 EUR
Estimated Weekly Salary: 672 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-08Sr. Economic Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 36,032 USD
Estimated Monthly Salary: 3,003 USD
Estimated Weekly Salary: 693 USD per week
Estimated Hourly Salary: 17 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 Sr. Economic Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Sr. Economic Analyst in Latvia earns on average:
1.84 times the average salary (or 184% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Sr. Economic Analyst job salary compared to average salary in Latvia.
Comparison shows that a person working as Sr. Economic Analyst in Latvia earns on average:
1.84 times the average salary (or 184% of average salary).
Is Sr. Economic Analyst a well paid job?
Yes, our data shows that Sr. Economic 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 Sr. Economic Analyst?
High salary for Sr. Economic Analyst would be somewhere between 39,700 EUR and 52,332 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Sr. Economic 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: 36,091 EUR
Estimated Monthly Salary: 3,008 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
By working as Sr. Economic Analyst a person can save up to 2,143 USD per month or 25,712 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 Sr. Economic Analyst
Estonia is 46,412 USD
Russia is 21,509 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.)
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4. Neurosurgeon
(174,646 EUR per year, pre-tax.)
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6. Urologist
(170,871 EUR per year, pre-tax.)
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Data as of 2025Random salary:
Java software architect (54,383 EUR per year, pre-tax.)
Eligibility specialist (13,592 EUR per year, pre-tax.)
Field service engineer electrical equipment (21,264 EUR per year, pre-tax.)
Metal caster foundry (10,718 EUR per year, pre-tax.)
Product development supervisor (22,304 EUR per year, pre-tax.)
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