Analytical Specialist salary in Iceland

Average Yearly Salary of Analytical Specialist in Iceland is approximately 14,282,940 ISK (100,400 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Analytical Specialist do?

An analytical specialist is a professional who specializes in analyzing data and providing insights and recommendations based on the findings. They are responsible for collecting, organizing, and interpreting data from various sources to identify patterns, trends, and correlations. Analytical specialists use statistical techniques and tools to analyze large datasets and develop models and algorithms to predict future outcomes. They work closely with other teams and stakeholders to understand their requirements and provide actionable insights that can drive decision-making and improve business performance. Additionally, analytical specialists may also be involved in designing and implementing data collection systems and processes.

Skills: Data analysis, Statistical modeling, Data interpretation, Insights and recommendations, Predictive analytics, Decision-making.
Job industry: Data analysis

How much does Analytical Specialist make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Analytical Specialist a well paid job?

Yes, our data shows that Analytical Specialist is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Analytical Specialist?

High salary for Analytical Specialist would be somewhere between 15,711,234 ISK and 20,710,263 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Analytical Specialist in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,282,940 ISK
Estimated Monthly Salary: 1,190,245 ISK
Estimated Weekly Salary: 274,672 ISK per week
Estimated Hourly Salary: 6,867 ISK per hour
By working as Analytical Specialist a person can save up to 5,638 USD per month or 67,654 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Analytical Specialist

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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