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Average Brokerage Clerk Salary in Latvia for 2026

A brokerage clerk in Latvia earns about 8,440 EUR a year. That's 51% below the national average of 17,100 EUR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Latvia sit around 4,400 EUR a year, while the very top stretches to 9,740 EUR. Everything on this page is in Euro (EUR, symbol €), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Latvia, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a brokerage clerk make in Latvia?

Average salary
8,440 EUR
703 EUR per month
Lowest reported
4,400 EUR
366 EUR per month
Highest reported
9,740 EUR
811 EUR per month

A typical brokerage clerk working in Latvia brings home around 703 EUR a month before tax. Entry-level pay starts near 4,400 EUR, and the top of the ladder reaches roughly 9,740 EUR for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior brokerage clerk working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the brokerage clerk salary in Belgium or Netherlands, both of which pay in the same currency.


How brokerage clerk pay ranges in Latvia

A good way to think about salary in Latvia is to look at the distribution rather than the headline average. Half of all brokerage clerks in Latvia earn less than 6,080 EUR a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 4,860 EUR (the 25th percentile), and a quarter clear 8,420 EUR (the 75th percentile). The middle 50% of brokerage clerks sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 4,400 EUR. The highest stretch to 9,740 EUR, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

4,400
Low
6,080
Median
9,740
High
4,860
25th
8,420
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Brokerage clerk pay by experience in Latvia

Years of experience is the single biggest lever on pay for a brokerage clerk in Latvia, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical brokerage clerk salary changes as you move through the career ladder.

  • 0-2 Years
    6,000 EUR
  • 2-5 Years
    +13% from previous
    6,760 EUR
  • 5-10 Years
    +13% from previous
    7,620 EUR
  • 10-15 Years
    +18% from previous
    9,020 EUR
  • 15-20 Years
    8,560 EUR
  • 20+ Years
    +7% from previous
    9,140 EUR

The single largest jump on the ladder is from 5 - 10 Years to 10 - 15 Years, where pay rises by about 18%. That is the point at which a brokerage clerk typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Brokerage clerk pay by education in Latvia

Education sits alongside experience as one of the biggest factors driving brokerage clerk pay in Latvia. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average brokerage clerk salary in Latvia broken down by the highest level of education a worker has completed.

  • High School
    6,760 EUR
  • Certificate or Diploma
    6,200 EUR
  • Bachelor's Degree
    +82% from previous
    11,300 EUR

Brokerage clerk gender pay gap in Latvia

The gender pay gap is a stubborn feature of almost every labour market, and Latvia is no exception. Male brokerage clerks in Latvia earn an average of 6,080 EUR a year, while female brokerage clerks earn around 5,520 EUR. That works out to a 10% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Brokerage Clerk gender pay gap

9%

Men earn this much more than women on average in Latvia.

Men 6,080 EUR
Women 5,520 EUR

Pay raises for a brokerage clerk in Latvia

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Latvia sees a raise of about 10% every 18 months, which works out to roughly 7% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Latvia, the national average raise is around 8% every 18 months.

By industry

Industries with the highest pay raises in Latvia:

  • Banking
    1%
  • Energy
    2%
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Brokerage clerk bonus rates in Latvia

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

24%

24% of brokerage clerks in Latvia reported a bonus of some kind in the past twelve months. That makes a brokerage clerk a low-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 1% to 3% of base salary. The remaining 76% of brokerage clerks reported no bonus at all over the same period.

Which careers pay bonuses in Latvia

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Brokerage clerk: public vs private sector pay

Public-sector pay in Latvia is about 29% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

22%

Public-sector workers earn this much more than private-sector workers in Latvia on average.

Public sector 16,880 EUR
Private sector 13,100 EUR

Brokerage clerk salary by city in Latvia

Brokerage clerk pay is not even across Latvia. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Riga
LocationTypeAverageMedianRange
RigaCity7,620 EUR7,620 EUR4,400-10,080 EUR


Brokerage Clerk in Latvia: FAQs

  • How much does a brokerage clerk make per month in Latvia?

    A brokerage clerk in Latvia earns about 703 EUR a month before tax, based on an annual average of 8,440 EUR.

  • What's the salary range for a brokerage clerk in Latvia?

    Entry-level brokerage clerks in Latvia start near 4,400 EUR. Top-end pay reaches around 9,740 EUR. The middle 50% of earners sit between 4,860 and 8,420 EUR.

  • Is the median brokerage clerk salary in Latvia higher or lower than the average?

    The median is 6,080 EUR, lower than the average of 8,440 EUR. Half of brokerage clerks in Latvia earn below the median, half earn above it.

  • What's the gender pay gap for brokerage clerks in Latvia?

    Men working as a brokerage clerk in Latvia earn around 10% more than women on average (6,080 vs 5,520 EUR a year).

  • Do brokerage clerks in Latvia get bonuses?

    About 24% of brokerage clerks in Latvia reported a bonus in the past 12 months. Reported bonuses ranged from 1% to 3% of base salary.

  • Do brokerage clerks earn more in the public or private sector in Latvia?

    In Latvia, the public sector pays a brokerage clerk about 29% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do brokerage clerks in Latvia get a pay raise?

    A brokerage clerk in Latvia sees a raise of around 10% every 18 months, equivalent to roughly 7% a year.