Home > Salary > Iceland > Blockchain Developer
A blockchain developer is responsible for designing, implementing, and maintaining decentralized applications (dApps) and smart contracts on blockchain platforms. They work with various blockchain technologies such as Ethereum, Hyperledger, and Corda to build secure and transparent systems that eliminate the need for intermediaries. Their role involves writing code, creating cryptographic algorithms, and ensuring the integrity and security of the blockchain network. They collaborate with cross-functional teams to understand business requirements and develop innovative solutions using blockchain technology. Additionally, they may also contribute to the development of blockchain protocols, conduct audits, and troubleshoot any issues related to blockchain networks.
Estimated Yearly Salary: 23,155,307 ISK
Estimated Monthly Salary: 1,929,609 ISK
Estimated Weekly Salary: 445,294 ISK per week
Estimated Hourly Salary: 11,132 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,869,713 ISK
Estimated Weekly Salary: 431,472 ISK per week
Estimated Hourly Salary: 10,787 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 162,556 USD
Estimated Monthly Salary: 13,546 USD
Estimated Weekly Salary: 3,126 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 23,155,307 ISK
Estimated Monthly Salary: 1,929,609 ISK
Estimated Weekly Salary: 445,294 ISK per week
Estimated Hourly Salary: 11,132 ISK per hour
By working as Blockchain Developer a person can save up to 10,818 USD per month or 129,810 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.
Estimated Yearly Salary for Blockchain Developer
Last revision of data: 2025-01-04
Data as of 2025
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Blockchain Developer salary in Iceland
Average Yearly Salary of Blockchain Developer in Iceland is approximately 23,155,307 ISK (162,556 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 Blockchain Developer do?
A blockchain developer is responsible for designing, implementing, and maintaining decentralized applications (dApps) and smart contracts on blockchain platforms. They work with various blockchain technologies such as Ethereum, Hyperledger, and Corda to build secure and transparent systems that eliminate the need for intermediaries. Their role involves writing code, creating cryptographic algorithms, and ensuring the integrity and security of the blockchain network. They collaborate with cross-functional teams to understand business requirements and develop innovative solutions using blockchain technology. Additionally, they may also contribute to the development of blockchain protocols, conduct audits, and troubleshoot any issues related to blockchain networks.Skills: Blockchain technology, Decentralized applications, Smart contracts, Cryptographic algorithms, Ethereum, Hyperledger
Job industry: Technology
Job industry: Technology
How much does Blockchain Developer make?
Salary details
How much does Blockchain Developer make?Estimated Yearly Salary: 23,155,307 ISK
Estimated Monthly Salary: 1,929,609 ISK
Estimated Weekly Salary: 445,294 ISK per week
Estimated Hourly Salary: 11,132 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 22,436,557 ISKEstimated Monthly Salary: 1,869,713 ISK
Estimated Weekly Salary: 431,472 ISK per week
Estimated Hourly Salary: 10,787 ISK per hour
Last revision of data: 2024-01-09Blockchain Developer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 162,556 USD
Estimated Monthly Salary: 13,546 USD
Estimated Weekly Salary: 3,126 USD per week
Estimated Hourly Salary: 78 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Blockchain Developer job salary compared to average salary in Iceland.
Comparison shows that a person working as Blockchain Developer in Iceland earns on average:
2.59 times the average salary (or 259% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Blockchain Developer job salary compared to average salary in Iceland.
Comparison shows that a person working as Blockchain Developer in Iceland earns on average:
2.59 times the average salary (or 259% of average salary).
Is Blockchain Developer a well paid job?
Yes, our data show that Blockchain Developer is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Blockchain Developer?
High salary for Blockchain Developer would be somewhere between 25,470,838 ISK and 33,575,195 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Blockchain Developer 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: 23,155,307 ISK
Estimated Monthly Salary: 1,929,609 ISK
Estimated Weekly Salary: 445,294 ISK per week
Estimated Hourly Salary: 11,132 ISK per hour
By working as Blockchain Developer a person can save up to 10,818 USD per month or 129,810 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 Blockchain Developer
Norway is 226,817 USD
United Kingdom is 106,940 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Apprentice diesel mechanic (4,349,415 ISK per year, pre-tax.)
Registered clinical dietitian (7,591,683 ISK per year, pre-tax.)
Assistant solicitor (11,683,408 ISK per year, pre-tax.)
Assembly line leader (6,167,447 ISK per year, pre-tax.)
Mental retardation aide (3,965,374 ISK per year, pre-tax.)
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