Home > Salary > Latvia > Trader Commodities
A trader in commodities is an individual who buys and sells various raw materials or goods, such as metals, energy products, agricultural products, or financial instruments, with the aim of making a profit. They analyze market trends, monitor supply and demand, and make informed decisions on when to buy or sell commodities. Traders often work for financial institutions, investment firms, or commodity trading companies.
Estimated Yearly Salary: 34,634 EUR
Estimated Monthly Salary: 2,886 EUR
Estimated Weekly Salary: 666 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 2,793 EUR
Estimated Weekly Salary: 644 EUR per week
Estimated Hourly Salary: 16 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 34,652 USD
Estimated Monthly Salary: 2,888 USD
Estimated Weekly Salary: 666 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: 34,634 EUR
Estimated Monthly Salary: 2,886 EUR
Estimated Weekly Salary: 666 EUR per week
Estimated Hourly Salary: 17 EUR per hour
By working as Trader Commodities a person can save up to 2,028 USD per month or 24,332 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 Trader Commodities
Last revision of data: 2025-01-04
Data as of 2025
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Trader Commodities salary in Latvia
Average Yearly Salary of Trader Commodities in Latvia is approximately 34,634 EUR (34,652 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 Trader Commodities do?
A trader in commodities is an individual who buys and sells various raw materials or goods, such as metals, energy products, agricultural products, or financial instruments, with the aim of making a profit. They analyze market trends, monitor supply and demand, and make informed decisions on when to buy or sell commodities. Traders often work for financial institutions, investment firms, or commodity trading companies.
Skills: Trader, Commodities, Financial Markets, Supply and Demand, Market Analysis, Trading Strategies.
Job industry: Commodity trading
Job industry: Commodity trading
How much does Trader Commodities make?
Salary details
How much does Trader Commodities make?Estimated Yearly Salary: 34,634 EUR
Estimated Monthly Salary: 2,886 EUR
Estimated Weekly Salary: 666 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: 33,512 EUREstimated Monthly Salary: 2,793 EUR
Estimated Weekly Salary: 644 EUR per week
Estimated Hourly Salary: 16 EUR per hour
Last revision of data: 2024-01-03Trader Commodities estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 34,652 USD
Estimated Monthly Salary: 2,888 USD
Estimated Weekly Salary: 666 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
Compare salary to other countries
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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 Trader Commodities job salary compared to average salary in Latvia.
Comparison shows that a person working as Trader Commodities in Latvia earns on average:
1.77 times the average salary (or 177% of average salary).
Estimated national average yearly salary is 19,565 EUR (21,500 USD). Value indicated is pre-tax. Below graph shows estimated Trader Commodities job salary compared to average salary in Latvia.
Comparison shows that a person working as Trader Commodities in Latvia earns on average:
1.77 times the average salary (or 177% of average salary).
Is Trader Commodities a well paid job?
Yes, our data shows that Trader Commodities 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 Trader Commodities?
High salary for Trader Commodities would be somewhere between 38,097 EUR and 50,219 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Trader Commodities 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: 34,634 EUR
Estimated Monthly Salary: 2,886 EUR
Estimated Weekly Salary: 666 EUR per week
Estimated Hourly Salary: 17 EUR per hour
By working as Trader Commodities a person can save up to 2,028 USD per month or 24,332 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 Trader Commodities
Estonia is 44,608 USD
Russia is 20,685 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:
Bariatric program coordinator (28,122 EUR per year, pre-tax.)
Guard gate (9,374 EUR per year, pre-tax.)
Flash developer (33,941 EUR per year, pre-tax.)
Robotics technician (19,459 EUR per year, pre-tax.)
Machine operator injection (8,817 EUR per year, pre-tax.)
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Please note:The salary estimates on this website are meant for reference use only.
Salary details presented on this website are intended for reference purposes exclusively. Our data comes from multiple sources and may not always be up to date. Users should verify salary information independently before making financial decisions. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We cannot warrant that the data provided is flawless. By accessing this website, you agree that salary information is presented 'as is' and without assurances.
Salary details presented on this website are intended for reference use only. Our data comes from multiple inputs and may not necessarily be accurate. Users should verify salary information independently before making financial decisions. The figures shown here may fluctuate due to variables such as location, industry standards, and individual skill sets. We cannot warrant that the information provided is flawless. By using this website, you accept that salary information is offered 'as is' and without assurances.