Data Business Analyst salary in Iceland

Average Yearly Salary of Data Business Analyst in Iceland is approximately 12,249,775 ISK (85,406 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 Data Business Analyst do?

A Data Business Analyst is responsible for analyzing and interpreting complex data sets to provide insights and recommendations that drive business strategies and decision-making. They work closely with stakeholders to understand their requirements, gather data from various sources, and perform data cleansing and transformation. The data is then analyzed using statistical techniques and data visualization tools to identify trends, patterns, and correlations. The analyst prepares reports and presentations, highlighting key findings and recommendations to improve business performance. They also collaborate with other teams to develop and implement data-driven solutions, such as predictive models or dashboards. Strong analytical skills, proficiency in data manipulation and visualization tools, and the ability to communicate effectively are essential for success in this role.

Skills: Data analysis, Business intelligence, Statistical modeling, Data visualization, Decision-making, Data-driven solutions
Job industry: Data analysis

How much does Data Business Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Data Business Analyst a well paid job?

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

High salary for Data Business Analyst would be somewhere between 13,474,753 ISK and 17,762,174 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Data Business 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: 12,249,775 ISK
Estimated Monthly Salary: 1,020,815 ISK
Estimated Weekly Salary: 235,573 ISK per week
Estimated Hourly Salary: 5,889 ISK per hour
By working as Data Business Analyst a person can save up to 4,388 USD per month or 52,660 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 Data Business 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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