Latvia’s economy continues to evolve in 2026, supported by growing investment in technology, manufacturing, financial services, logistics, and renewable energy. With increasing demand for skilled professionals, the job market is becoming more competitive and dynamic, making it essential for workers and employers to stay informed about salary trends.
This comprehensive guide explores average salaries in Latvia, wage growth in key industries, regional differences, and job trends shaping the Baltic nation in 2026. Whether you are a job seeker, an HR professional, or an employer, this article offers clear and updated insights into the Latvian labor market.
Average Salary in Latvia 2026
In 2026, the average annual salary in Latvia is estimated at:
- €17,000 – €21,000 per year
- Equivalent to €1,420 – €1,750 per month (gross)
Compared to other Baltic countries, Latvia sits between Lithuania and Estonia in terms of overall wage levels.
Net Salary After Tax
After taxes and social contributions, the average net monthly salary is approximately:
- €1,050 – €1,300
The exact amount varies based on tax brackets, dependents, and employment type.
Minimum Wage in Latvia 2026
Latvia increased its minimum wage to support affordability amid inflation.
- Minimum wage 2026: €800 per month (gross)
- One of the highest increases in recent years
This rise reflects the government's effort to improve living standards and reduce wage inequality.
Salaries by Industry in Latvia (2026)
Latvia’s economy is diverse, with significant differences in salary levels across sectors. Below is a detailed look at average earnings by major industry.
1. Information Technology (IT) & Digital Services
Latvia’s tech sector is expanding quickly, driven by startups, foreign investments, and innovation hubs.
- Software Developers: €28,000 – €45,000
- Front-End Developers: €25,000 – €38,000
- Cybersecurity Specialists: €30,000 – €50,000
- System Administrators: €22,000 – €32,000
- Data Analysts: €24,000 – €40,000
The industry offers some of the highest salaries in the country.
2. Finance, Banking & Insurance
Riga serves as a regional financial center, home to banks, accounting firms, and fintech companies.
- Accountants: €18,000 – €28,000
- Auditors: €20,000 – €32,000
- Financial Analysts: €25,000 – €40,000
- Banking Specialists: €18,000 – €26,000
- Insurance Advisors: €16,000 – €24,000
Professionals with ACCA or CFA certifications typically earn at the higher end of the range.
3. Manufacturing & Industrial Production
A major pillar of Latvia’s economy, manufacturing includes wood processing, machinery, metals, and food production.
- Machine Operators: €14,000 – €20,000
- Industrial Technicians: €16,000 – €24,000
- Production Engineers: €22,000 – €35,000
- Quality Control Specialists: €18,000 – €26,000
- Factory Workers: €12,000 – €18,000
Demand for engineers and skilled technicians continues to rise.
4. Logistics, Transportation & Supply Chain
Latvia’s strategic Baltic location supports a major logistics and transit hub.
- Truck Drivers: €16,000 – €24,000
- Warehouse Staff: €12,000 – €18,000
- Logistics Coordinators: €18,000 – €26,000
- Customs Specialists: €20,000 – €28,000
- Port Workers (Riga, Ventspils, Liepāja): €15,000 – €25,000
Transport professionals enjoy stable and long-term employment.
5. Healthcare Sector
Healthcare salaries have risen due to government reforms and workforce shortages.
- Doctors: €35,000 – €60,000
- Nurses: €15,000 – €22,000
- Dentists: €30,000 – €55,000
- Pharmacists: €18,000 – €28,000
- Care Assistants: €10,000 – €15,000
Doctors and specialists remain among the highest-paid professionals in Latvia.
6. Education Sector
Education remains essential but salaries are modest compared to the EU average.
- Primary School Teachers: €12,000 – €18,000
- Secondary Teachers: €14,000 – €20,000
- University Lecturers: €20,000 – €32,000
- Language Teachers: €10,000 – €16,000
Salaries vary across public and private institutions.
7. Tourism, Hospitality & Retail
Tourism rebounded in 2025–2026, driving growth in this sector.
- Hotel Receptionists: €10,000 – €16,000
- Chefs: €15,000 – €24,000
- Waitstaff: €9,000 – €14,000
- Retail Sales Assistants: €10,000 – €16,000
- Tour Guides: €12,000 – €20,000
Seasonal workers often earn more during summer months.
Salaries by Experience Level
Experience plays a major role in salary differences.
- Entry-Level Workers: €12,000 – €16,000
- Mid-Level Professionals: €18,000 – €26,000
- Senior-Level Staff: €30,000 – €45,000
- Executives and Directors: €50,000 – €90,000+
Tech, finance, and engineering roles show the strongest career wage growth.
Regional Salary Differences in Latvia
Even though Latvia is small, regional wage variations exist.
1. Riga (Capital Region)
- Highest salaries nationwide
- Home to finance, IT, and major corporations
- Average salary: €20,000 – €26,000
2. Pierīga (Riga Surroundings)
- Strong logistics and industrial businesses
- Average salary: €16,000 – €21,000
3. Vidzeme, Kurzeme, Zemgale
- Manufacturing and agriculture dominate
- Average salary: €13,000 – €18,000
4. Latgale
- Lowest salaries due to fewer industries
- Average salary: €11,000 – €15,000
Job Market Trends in Latvia (2026)
1. Strong Demand in Technology
Latvia’s tech ecosystem continues attracting investment, creating opportunities in:
- Cybersecurity
- Software engineering
- Data science
- DevOps
- Cloud services
2. Manufacturing Sector Growth
Latvia’s export-driven industries are expanding, especially wood processing and machinery production.
3. Logistics and Transportation Expansion
Infrastructure upgrades and international trade contribute to steady job creation.
4. Healthcare Workforce Shortages
More nurses, doctors, and specialists are needed to support public health demands.
5. Increasing Foreign Worker Recruitment
Latvia is easing work permit requirements to attract skilled international talent.
Salary Growth Outlook for 2027 and Beyond
From 2026 to 2028, wages in Latvia are expected to continue rising due to:
- Continued investment in high-tech industries
- EU funding for economic development
- Workforce shortages in skilled professions
- Ongoing inflation-driven adjustments
- Rising cost of living in Riga and surrounding areas
Projected annual wage growth: 4% – 6% per year
Frequently Asked Questions (FAQ)
1. What is the average salary in Latvia in 2026?
The average salary ranges from €17,000 to €21,000 per year, depending on the sector and experience.
2. Which jobs pay the most in Latvia?
Top-paying roles include software developers, doctors, engineers, cybersecurity specialists, and financial analysts.
3. What is the minimum wage in Latvia for 2026?
The minimum wage is €800 per month, following recent reforms.
4. Are salaries higher in Riga compared to other regions?
Yes, Riga offers the highest salaries due to major corporate and economic activity.
5. Is Latvia a good place for foreign workers?
Yes — especially for professionals in IT, finance, transport, manufacturing, and healthcare.