Home > Salary > Iceland > Chartered Accountant
A chartered accountant is a professional who provides financial advice, tax planning, and auditing services to individuals, businesses, and organizations. They are responsible for analyzing financial data, preparing financial statements, and ensuring compliance with financial regulations and standards. Chartered accountants also play a crucial role in strategic financial planning, helping clients make informed decisions about investments, budgeting, and risk management. They may work independently or as part of an accounting firm, serving a diverse range of clients from different industries.
Estimated Yearly Salary: 14,839,303 ISK
Estimated Monthly Salary: 1,236,609 ISK
Estimated Weekly Salary: 285,371 ISK per week
Estimated Hourly Salary: 7,134 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 104,087 USD
Estimated Monthly Salary: 8,674 USD
Estimated Weekly Salary: 2,002 USD per week
Estimated Hourly Salary: 50 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: 14,839,303 ISK
Estimated Monthly Salary: 1,236,609 ISK
Estimated Weekly Salary: 285,371 ISK per week
Estimated Hourly Salary: 7,134 ISK per hour
By working as Chartered Accountant a person can save up to 5,945 USD per month or 71,341 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 Chartered Accountant
Last revision of data: 2025-01-04
Data as of 2025
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Chartered Accountant salary in Iceland
Average Yearly Salary of Chartered Accountant in Iceland is approximately 14,839,303 ISK (104,087 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 Chartered Accountant do?

Skills: Chartered Accountant, Financial Advisor, Tax Planning, Auditing, Compliance, Financial Analysis
Job industry: Accounting
Job industry: Accounting
How much does Chartered Accountant make?
Salary details
How much does Chartered Accountant make?Estimated Yearly Salary: 14,839,303 ISK
Estimated Monthly Salary: 1,236,609 ISK
Estimated Weekly Salary: 285,371 ISK per week
Estimated Hourly Salary: 7,134 ISK per hour
Comparing salary to last year:
Estimated Yearly Salary: 14,355,198 ISKEstimated Monthly Salary: 1,196,267 ISK
Estimated Weekly Salary: 276,062 ISK per week
Estimated Hourly Salary: 6,902 ISK per hour
Chartered Accountant estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 104,087 USD
Estimated Monthly Salary: 8,674 USD
Estimated Weekly Salary: 2,002 USD per week
Estimated Hourly Salary: 50 USD per hour
Difference in salary year over year or average salary increase is approximately
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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Country:
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 Chartered Accountant job salary compared to average salary in Iceland.
Comparison shows that a person working as Chartered Accountant in Iceland earns on average:
1.66 times the average salary (or 166% 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 Chartered Accountant job salary compared to average salary in Iceland.
Comparison shows that a person working as Chartered Accountant in Iceland earns on average:
1.66 times the average salary (or 166% of average salary).
Is Chartered Accountant a well paid job?
Yes, our data shows that Chartered Accountant 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 Chartered Accountant?
High salary for Chartered Accountant would be somewhere between 16,323,233 ISK and 21,516,989 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Chartered Accountant 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: 14,839,303 ISK
Estimated Monthly Salary: 1,236,609 ISK
Estimated Weekly Salary: 285,371 ISK per week
Estimated Hourly Salary: 7,134 ISK per hour
By working as Chartered Accountant a person can save up to 5,945 USD per month or 71,341 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 Chartered Accountant
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
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
Top 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
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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.)
Random salary:
Home health medical biller (5,548,812 ISK per year, pre-tax.)
Hair educator (3,716,726 ISK per year, pre-tax.)
Senior vice president (svp), strategy and business development (35,409,374 ISK per year, pre-tax.)
Ditcher operator (5,727,887 ISK per year, pre-tax.)
Woodworker (5,548,812 ISK per year, pre-tax.)
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