Bookkeeping Clerk salary in Iceland

Average Yearly Salary of Bookkeeping Clerk in Iceland is approximately 6,033,979 ISK (42,215 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 Bookkeeping Clerk do?

A bookkeeping clerk is responsible for maintaining financial records and assisting in the preparation of financial statements. They are tasked with recording transactions, such as sales and purchases, and ensuring their accuracy and completeness. Bookkeeping clerks also reconcile bank statements, track accounts payable and receivable, and generate reports for management to analyze financial data. This occupation requires strong attention to detail, numerical proficiency, and organizational skills. Bookkeeping clerks must be familiar with accounting software and have a basic understanding of accounting principles. They often work closely with accountants and other financial professionals to ensure accurate and timely reporting.

Skills: bookkeeping, financial records, financial statements, data entry, accounts payable, accounts receivable
Job industry: Finance and accounting

How much does Bookkeeping Clerk make?

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


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Salary comparison to National average

Is Bookkeeping Clerk a well paid job?

No, our data shows that Bookkeeping Clerk is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bookkeeping Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Bookkeeping Clerk?

High salary for Bookkeeping Clerk would be somewhere between 6,637,377 ISK and 8,749,270 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Bookkeeping Clerk 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: 6,033,979 ISK
Estimated Monthly Salary: 502,832 ISK
Estimated Weekly Salary: 116,038 ISK per week
Estimated Hourly Salary: 2,901 ISK per hour
By working as Bookkeeping Clerk a person can save up to 789 USD per month or 9,469 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 Bookkeeping Clerk

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.

Top 10 highest salaries in Iceland

Data as of 2025

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