AIPF
โ† Financial Controller in all countries

Financial Controller: Latvia vs Germany

Side-by-side salary comparison ยท Estimated based on OECD & BLS data

๐Ÿ‡ฉ๐Ÿ‡ช Germany pays 111% more

๐Ÿ‡ฑ๐Ÿ‡ป

Latvia

EUR

Estimated Salary (USD)

$38,335

per year

Local Currency (EUR)

โ‚ฌ35,268

per year

PPP Adjusted

$126,781

purchasing power

Big Mac Power

8,226

burgers / year

Global Percentile

Bottom 21%

Higher Pay
๐Ÿ‡ฉ๐Ÿ‡ช

Germany

EUR

Estimated Salary (USD)

$80,984

per year

Local Currency (EUR)

โ‚ฌ74,505

per year

PPP Adjusted

$117,030

purchasing power

Big Mac Power

14,084

burgers / year

Global Percentile

Top 19%

Visual Comparison

Salary (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$38.3K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$81.0K

PPP Adjusted (USD)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
$126.8K
๐Ÿ‡ฉ๐Ÿ‡ช Germany
$117.0K

Big Mac Power (burgers/year)

๐Ÿ‡ฑ๐Ÿ‡ป Latvia
8,226
๐Ÿ‡ฉ๐Ÿ‡ช Germany
14,084

Key Takeaways

  • โ—

    Financial Controllers in Germany earn 111% more than in Latvia (nominal USD).

  • โ—

    After adjusting for purchasing power (PPP), both countries offer similar real value.

  • โ—

    Using the Big Mac Index, a Financial Controller's salary buys 1.7x more Big Macs in Germany.

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Frequently Asked Questions

Who pays Financial Controllers more: Latvia or Germany?โ–พ

Germany pays Financial Controllers an estimated $80,984 USD per year, which is 111% more than Latvia's estimated $38,335 USD.

What is the PPP-adjusted salary for a Financial Controller in Latvia vs Germany?โ–พ

The PPP-adjusted salary is $126,781 USD in Latvia and $117,030 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.

How does the purchasing power compare for Financial Controllers?โ–พ

Using the Big Mac Index, a Financial Controller in Latvia can buy about 8,226 Big Macs per year, while in Germany it's about 14,084 Big Macs.

Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.

Sources: BLS OEWS ยท OECD ยท World Bank ยท Big Mac Index