Business Development Assistant salary in Iceland

Average Yearly Salary of Business Development Assistant in Iceland is approximately 8,472,472 ISK (59,303 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 Business Development Assistant do?

A business development assistant is responsible for supporting the growth and expansion of a company by assisting in various business development activities. They work closely with the business development team to identify new business opportunities, conduct market research, and analyze data to support decision-making processes. Their role involves assisting in the development of strategic partnerships, conducting competitor analysis, and preparing reports and presentations for clients and stakeholders. Additionally, they may assist in the creation and implementation of marketing campaigns, as well as maintaining client relationships.

Skills: Business Development, Market Research, Strategic Partnerships, Data Analysis, Marketing Campaigns, Client Relationship Management
Job industry: Business services

How much does Business Development Assistant make?

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


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Salary comparison to National average

Is Business Development Assistant a well paid job?

Yes, our data show that Business Development Assistant is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Business Development Assistant?

High salary for Business Development Assistant would be somewhere between 9,319,719 ISK and 12,285,084 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Development Assistant 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: 8,472,472 ISK
Estimated Monthly Salary: 706,039 ISK
Estimated Weekly Salary: 162,932 ISK per week
Estimated Hourly Salary: 4,073 ISK per hour
By working as Business Development Assistant a person can save up to 2,213 USD per month or 26,557 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 Business Development Assistant

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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