Skip to content
worldsalaries .com

Average Commercial Leasing Manager Salary in Latvia for 2026

A commercial leasing manager in Latvia earns about 29,840 EUR a year. That's 75% above 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 13,560 EUR a year, while the very top stretches to 43,340 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 commercial leasing manager make in Latvia?

Average salary
29,840 EUR
2,486 EUR per month
Lowest reported
13,560 EUR
1,130 EUR per month
Highest reported
43,340 EUR
3,611 EUR per month

A typical commercial leasing manager working in Latvia brings home around 2,486 EUR a month before tax. Entry-level pay starts near 13,560 EUR, and the top of the ladder reaches roughly 43,340 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 commercial leasing manager 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 commercial leasing manager salary in Belgium or Netherlands, both of which pay in the same currency.


How commercial leasing manager 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 commercial leasing managers in Latvia earn less than 29,840 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 18,900 EUR (the 25th percentile), and a quarter clear 37,740 EUR (the 75th percentile). The middle 50% of commercial leasing managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 13,560 EUR. The highest stretch to 43,340 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.

13,560
Low
29,840
Median
43,340
High
18,900
25th
37,740
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Commercial leasing manager pay by experience in Latvia

Years of experience is the single biggest lever on pay for a commercial leasing manager 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 commercial leasing manager salary changes as you move through the career ladder.

  • 0-2 Years
    16,340 EUR
  • 2-5 Years
    +27% from previous
    20,760 EUR
  • 5-10 Years
    +54% from previous
    32,020 EUR
  • 10-15 Years
    +9% from previous
    35,000 EUR
  • 15-20 Years
    +14% from previous
    39,960 EUR
  • 20+ Years
    +2% from previous
    40,640 EUR

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 54%. That is the point at which a commercial leasing manager 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.


Commercial leasing manager pay by education in Latvia

Education sits alongside experience as one of the biggest factors driving commercial leasing manager 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 commercial leasing manager salary in Latvia broken down by the highest level of education a worker has completed.

  • High School
    21,560 EUR
  • Certificate or Diploma
    +8% from previous
    23,260 EUR
  • Bachelor's Degree
    +41% from previous
    32,900 EUR
  • Master's Degree
    +24% from previous
    40,640 EUR

Commercial leasing manager gender pay gap in Latvia

The gender pay gap is a stubborn feature of almost every labour market, and Latvia is no exception. Male commercial leasing managers in Latvia earn an average of 30,840 EUR a year, while female commercial leasing managers earn around 27,620 EUR. That works out to a 12% 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.

Commercial Leasing Manager gender pay gap

10%

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

Men 30,840 EUR
Women 27,620 EUR

Pay raises for a commercial leasing manager 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 12% every 20 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

Commercial leasing manager 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.

80%

80% of commercial leasing managers in Latvia reported a bonus of some kind in the past twelve months. That makes a commercial leasing manager a high-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 5% to 8% of base salary. The remaining 20% of commercial leasing managers 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

Commercial leasing manager: 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

Commercial leasing manager salary by city in Latvia

Commercial leasing manager 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
RigaCity31,380 EUR32,900 EUR14,840-49,300 EUR


Commercial Leasing Manager in Latvia: FAQs

  • How much does a commercial leasing manager make per month in Latvia?

    A commercial leasing manager in Latvia earns about 2,486 EUR a month before tax, based on an annual average of 29,840 EUR.

  • What's the salary range for a commercial leasing manager in Latvia?

    Entry-level commercial leasing managers in Latvia start near 13,560 EUR. Top-end pay reaches around 43,340 EUR. The middle 50% of earners sit between 18,900 and 37,740 EUR.

  • Is the median commercial leasing manager salary in Latvia higher or lower than the average?

    The median is 29,840 EUR, higher than the average of 29,840 EUR. Half of commercial leasing managers in Latvia earn below the median, half earn above it.

  • What's the gender pay gap for commercial leasing managers in Latvia?

    Men working as a commercial leasing manager in Latvia earn around 12% more than women on average (30,840 vs 27,620 EUR a year).

  • Do commercial leasing managers in Latvia get bonuses?

    About 80% of commercial leasing managers in Latvia reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 8% of base salary.

  • Do commercial leasing managers earn more in the public or private sector in Latvia?

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

  • How often do commercial leasing managers in Latvia get a pay raise?

    A commercial leasing manager in Latvia sees a raise of around 12% every 20 months, equivalent to roughly 7% a year.