Business Technology Analyst salary in Iceland

Average Yearly Salary of Business Technology Analyst in Iceland is approximately 14,596,134 ISK (102,180 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 Technology Analyst do?

A Business Technology Analyst is responsible for analyzing and evaluating an organization's business processes and technology systems. They work closely with stakeholders to understand their requirements, identify areas for improvement, and recommend appropriate technological solutions. This role involves gathering and documenting business requirements, conducting feasibility studies, and creating detailed project plans. Business Technology Analysts also collaborate with IT teams to design and implement software applications, troubleshoot technical issues, and ensure the successful integration of technology into business operations. They may also provide training and support to end-users, monitor system performance, and propose enhancements or upgrades as needed.

Skills: Business analysis, Technology systems, Stakeholder collaboration, Project management, Software implementation, System integration
Job industry: Technology

How much does Business Technology Analyst 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 Technology Analyst a well paid job?

Yes, our data shows that Business Technology Analyst 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 Business Technology Analyst?

High salary for Business Technology Analyst would be somewhere between 16,055,747 ISK and 21,164,394 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Business Technology Analyst 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: 14,596,134 ISK
Estimated Monthly Salary: 1,216,345 ISK
Estimated Weekly Salary: 280,695 ISK per week
Estimated Hourly Salary: 7,017 ISK per hour
By working as Business Technology Analyst a person can save up to 5,786 USD per month or 69,434 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 Technology Analyst

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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