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Average Portfolio Analyst Salary in Latvia for 2026

A portfolio analyst in Latvia earns about 21,300 EUR a year. That's 25% 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 9,740 EUR a year, while the very top stretches to 37,740 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 portfolio analyst make in Latvia?

Average salary
21,300 EUR
1,775 EUR per month
Lowest reported
9,740 EUR
811 EUR per month
Highest reported
37,740 EUR
3,145 EUR per month

A typical portfolio analyst working in Latvia brings home around 1,775 EUR a month before tax. Entry-level pay starts near 9,740 EUR, and the top of the ladder reaches roughly 37,740 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 portfolio analyst 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 portfolio analyst salary in Belgium or Netherlands, both of which pay in the same currency.


How portfolio analyst 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 portfolio analysts in Latvia earn less than 24,800 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 14,820 EUR (the 25th percentile), and a quarter clear 33,960 EUR (the 75th percentile). The middle 50% of portfolio analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 9,740 EUR. The highest stretch to 37,740 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.

9,740
Low
24,800
Median
37,740
High
14,820
25th
33,960
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Portfolio analyst pay by experience in Latvia

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

  • 0-2 Years
    12,180 EUR
  • 2-5 Years
    +16% from previous
    14,140 EUR
  • 5-10 Years
    +66% from previous
    23,500 EUR
  • 10-15 Years
    +14% from previous
    26,860 EUR
  • 15-20 Years
    +10% from previous
    29,600 EUR
  • 20+ Years
    +10% from previous
    32,420 EUR

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 66%. That is the point at which a portfolio analyst 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.


Portfolio analyst pay by education in Latvia

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

  • High School
    14,840 EUR
  • Certificate or Diploma
    +18% from previous
    17,560 EUR
  • Bachelor's Degree
    +48% from previous
    25,940 EUR
  • Master's Degree
    +20% from previous
    31,040 EUR

Portfolio analyst gender pay gap in Latvia

The gender pay gap is a stubborn feature of almost every labour market, and Latvia is no exception. Male portfolio analysts in Latvia earn an average of 24,820 EUR a year, while female portfolio analysts earn around 23,380 EUR. That works out to a 6% 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.

Portfolio Analyst gender pay gap

6%

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

Men 24,820 EUR
Women 23,380 EUR

Pay raises for a portfolio analyst 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 11% every 19 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

Portfolio analyst 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.

83%

83% of portfolio analysts in Latvia reported a bonus of some kind in the past twelve months. That makes a portfolio analyst 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 9% of base salary. The remaining 17% of portfolio analysts 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

Portfolio analyst: 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

Portfolio analyst salary by city in Latvia

Portfolio analyst 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
RigaCity27,380 EUR27,620 EUR13,660-41,900 EUR


Portfolio Analyst in Latvia: FAQs

  • How much does a portfolio analyst make per month in Latvia?

    A portfolio analyst in Latvia earns about 1,775 EUR a month before tax, based on an annual average of 21,300 EUR.

  • What's the salary range for a portfolio analyst in Latvia?

    Entry-level portfolio analysts in Latvia start near 9,740 EUR. Top-end pay reaches around 37,740 EUR. The middle 50% of earners sit between 14,820 and 33,960 EUR.

  • Is the median portfolio analyst salary in Latvia higher or lower than the average?

    The median is 24,800 EUR, higher than the average of 21,300 EUR. Half of portfolio analysts in Latvia earn below the median, half earn above it.

  • What's the gender pay gap for portfolio analysts in Latvia?

    Men working as a portfolio analyst in Latvia earn around 6% more than women on average (24,820 vs 23,380 EUR a year).

  • Do portfolio analysts in Latvia get bonuses?

    About 83% of portfolio analysts in Latvia reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do portfolio analysts earn more in the public or private sector in Latvia?

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

  • How often do portfolio analysts in Latvia get a pay raise?

    A portfolio analyst in Latvia sees a raise of around 11% every 19 months, equivalent to roughly 7% a year.