Job market in Riga

Riga, the capital of Latvia, is experiencing a dynamic shift in its job market as we move into 2024.The city's economy is bolstered by key industries such as information technology, manufacturing, and finance, which play a significant role in its economic landscape.Recent infrastructure developments, including the expansion of the Rail Baltica project, are expected to create new job opportunities and stimulate economic growth.Riga's job market is poised for growth, with emerging sectors like green energy and digital services gaining traction.

Top Industries in Riga

Riga is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Riga include:
Information Technology
Riga's IT sector is thriving, with a strong demand for software developers, data analysts, and cybersecurity experts. The industry is supported by a robust startup ecosystem and established companies.
Range: $40-$100k
Growth rate: 15%
Some job openings:
Accenture Latvia is hiring: Software Developer, Data Analyst
TietoEVRY is hiring: Cybersecurity Specialist, IT Consultant
Manufacturing
The manufacturing industry in Riga is diverse, encompassing electronics, textiles, and food production. It remains a vital part of the city's economy, providing numerous job opportunities.
Range: $30-$70k
Growth rate: 10%
Some job openings:
Latvijas Finieris is hiring: Production Manager, Quality Control Specialist
Lauma Fabrics is hiring: Textile Engineer, Machine Operator
Finance
Riga's finance sector is expanding, with a focus on fintech and banking services. The city is home to several international banks and financial institutions.
Range: $50-$120k
Growth rate: 12%
Some job openings:
Swedbank Latvia is hiring: Financial Analyst, Risk Manager
SEB Bank is hiring: Banking Specialist, Compliance Officer
Healthcare
The healthcare industry in Riga is growing, driven by an increasing demand for medical professionals and healthcare services. Opportunities exist in both public and private healthcare facilities.
Range: $35-$90k
Growth rate: 8%
Some job openings:
Pauls Stradins Clinical University Hospital is hiring: Nurse, Medical Technician
Riga East University Hospital is hiring: Doctor, Healthcare Administrator
Tourism and Hospitality
Tourism and hospitality are key sectors in Riga, attracting visitors with its rich cultural heritage and vibrant city life. The industry offers a range of job opportunities from hotel management to tour operations.
Range: $25-$60k
Growth rate: 5%
Some job openings:
Radisson Blu Latvija Conference & Spa Hotel is hiring: Hotel Manager, Event Coordinator
Tallink Hotel Riga is hiring: Front Desk Agent, Housekeeping Supervisor

Employment Trends and Growth Rates

Riga is witnessing a steady increase in job opportunities, particularly in the tech and finance sectors, which are driving the city's economic growth.

The Gini index in Latvia reflects moderate income inequality, which is a consideration for policymakers aiming to balance economic growth with social equity.

There is a noticeable trend towards job turnover in the tech industry, as professionals seek better opportunities and competitive salaries.

Job Market for Remote and Freelance Workers in Riga

Remote work is becoming increasingly popular in Riga, with approximately 35% of the workforce engaged in remote roles, particularly in tech and creative industries.

Local companies such as TietoEVRY and Accenture Latvia are offering remote positions, reflecting a broader national trend towards flexible work arrangements.

The demand for remote jobs continues to grow, supported by city-specific job boards and national platforms.

Job Resources and Networking

Riga offers a variety of job resources, including local job boards like CV-Online Latvia and RigaJobs.lv, which provide listings for both local and remote positions.

Career fairs and networking events are regularly held at venues such as the Riga Congress Centre, offering opportunities for job seekers to connect with potential employers.

The city also hosts several entrepreneurial hubs and incubators, such as TechHub Riga, supporting startups and innovation.

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Latvia

Property Prices Rankings

Riga ranks 1st on the Property Prices rankings in Latvia.
The Property Prices Rankings for Latvia evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Riga
1
Riga
Latvia
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