The transition to competence-based education (CBE) in Latvian schools and higher educational institutions was supposed to be completed by October 17, 2021. It was already in 2016 when The Ministry of Education and Science of the Republic of Latvia initiated the transitioning process by implementing the pilot project with 100 Latvian schools. The purpose of the Latvian government was a gradual and careful introduction of CBE in Latvian educational institutions to prepare the students for operation in the modern, rapidly changing world by having the ability to not only acquire and apply knowledge but also to generate the wish for lifelong learning. The present research aimed to investigate the understanding, perception and experience of the randomly selected schoolteachers and university educators with the introduction of CBE in Latvia. The research areas were the surveyed instructors’ understanding and perceptions of competences and CBE, the educators’ experience with the implementation of CBE, and the possible lack of training in CBE. The results of this research indicate that the transition to CBE has not yet been fully completed, as some Latvian educators still lack the knowledge of the concept of competences and CBE, as well as the understanding of how to develop and implement the competence-based curriculum.