Home > Salary > Iceland > Bookkeeper
A bookkeeper is responsible for maintaining accurate financial records and ensuring the smooth financial operations of an organization. They record and categorize all financial transactions, including purchases, sales, receipts, and payments, and maintain ledgers, journals, and other financial records. Bookkeepers reconcile bank statements, prepare financial reports, and assist in the preparation of budgets and tax returns. They may also be involved in payroll processing, tracking expenses, and managing accounts payable and receivable.
Estimated Yearly Salary: 7,256,117 ISK
Estimated Monthly Salary: 604,676 ISK
Estimated Weekly Salary: 139,541 ISK per week
Estimated Hourly Salary: 3,489 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 584,834 ISK
Estimated Weekly Salary: 134,962 ISK per week
Estimated Hourly Salary: 3,374 ISK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 50,761 USD
Estimated Monthly Salary: 4,230 USD
Estimated Weekly Salary: 976 USD per week
Estimated Hourly Salary: 24 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: 7,256,117 ISK
Estimated Monthly Salary: 604,676 ISK
Estimated Weekly Salary: 139,541 ISK per week
Estimated Hourly Salary: 3,489 ISK per hour
By working as Bookkeeper a person can save up to 1,501 USD per month or 18,015 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 Bookkeeper
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Operations officer (12,653,784 ISK per year, pre-tax.)
Exercise rehabilitation specialist (6,368,107 ISK per year, pre-tax.)
Patent agent (15,841,061 ISK per year, pre-tax.)
Armored car messenger (4,922,380 ISK per year, pre-tax.)
Senior facilities manager (15,125,157 ISK per year, pre-tax.)
Bookkeeper salary in Iceland
Average Yearly Salary of Bookkeeper in Iceland is approximately 7,256,117 ISK (50,761 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 Bookkeeper do?
A bookkeeper is responsible for maintaining accurate financial records and ensuring the smooth financial operations of an organization. They record and categorize all financial transactions, including purchases, sales, receipts, and payments, and maintain ledgers, journals, and other financial records. Bookkeepers reconcile bank statements, prepare financial reports, and assist in the preparation of budgets and tax returns. They may also be involved in payroll processing, tracking expenses, and managing accounts payable and receivable.
Skills: Bookkeeping, Financial Records, Financial Transactions, Financial Reports, Budgeting, Tax Preparation
Job industry: Accounting
Job industry: Accounting
How much does Bookkeeper make?
Salary details
How much does Bookkeeper make?Estimated Yearly Salary: 7,256,117 ISK
Estimated Monthly Salary: 604,676 ISK
Estimated Weekly Salary: 139,541 ISK per week
Estimated Hourly Salary: 3,489 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 7,018,011 ISKEstimated Monthly Salary: 584,834 ISK
Estimated Weekly Salary: 134,962 ISK per week
Estimated Hourly Salary: 3,374 ISK per hour
Last revision of data: 2024-01-05Bookkeeper estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 50,761 USD
Estimated Monthly Salary: 4,230 USD
Estimated Weekly Salary: 976 USD per week
Estimated Hourly Salary: 24 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 Bookkeeper job salary compared to average salary in Iceland.
Comparison shows that a person working as Bookkeeper in Iceland earns on average:
0.81 times the average salary (or 81% 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 Bookkeeper job salary compared to average salary in Iceland.
Comparison shows that a person working as Bookkeeper in Iceland earns on average:
0.81 times the average salary (or 81% of average salary).
Is Bookkeeper a well paid job?
No / we do not have enough data to assess this.What is considered a high salary for Bookkeeper?
High salary for Bookkeeper would be somewhere between 7,981,729 ISK and 10,521,370 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Bookkeeper 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: 7,256,117 ISK
Estimated Monthly Salary: 604,676 ISK
Estimated Weekly Salary: 139,541 ISK per week
Estimated Hourly Salary: 3,489 ISK per hour
By working as Bookkeeper a person can save up to 1,501 USD per month or 18,015 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 Bookkeeper
Norway is 70,861 USD
United Kingdom is 33,432 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:
Operations officer (12,653,784 ISK per year, pre-tax.)
Exercise rehabilitation specialist (6,368,107 ISK per year, pre-tax.)
Patent agent (15,841,061 ISK per year, pre-tax.)
Armored car messenger (4,922,380 ISK per year, pre-tax.)
Senior facilities manager (15,125,157 ISK per year, pre-tax.)
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