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Decision Support Analyst salary in Iceland

Average Yearly Salary of Decision Support Analyst in Iceland is approximately 12,527,106 ISK (87,937 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 Decision Support Analyst do?

occupation personasA decision support analyst is responsible for providing analytical expertise and support to aid in decision-making processes within an organization. They gather and analyze data, develop models and simulations, and create reports to assist management in making informed decisions. These professionals work closely with various departments to understand their requirements and provide insights and recommendations based on the data analysis. They also identify trends, patterns, and potential risks to help improve operational efficiency and effectiveness.

Skills: Decision Support Analyst, Data Analysis, Decision-Making, Analytical Expertise, Reporting, Risk Assessment
Job industry: Information technology


How much does Decision Support Analyst make?

Salary details
How much does Decision Support Analyst make?
Estimated Yearly Salary: 12,527,106 ISK
Estimated Monthly Salary: 1,043,926 ISK
Estimated Weekly Salary: 240,906 ISK per week
Estimated Hourly Salary: 6,023 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 12,122,110 ISK
Estimated Monthly Salary: 1,010,176 ISK
Estimated Weekly Salary: 233,118 ISK per week
Estimated Hourly Salary: 5,828 ISK per hour
Last revision of data: 2024-01-06



Decision Support Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 87,937 USD
Estimated Monthly Salary: 7,328 USD
Estimated Weekly Salary: 1,691 USD per week
Estimated Hourly Salary: 42 USD per hour


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

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.

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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 Decision Support Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Decision Support Analyst in Iceland earns on average:
1.4 times the average salary (or 140% of average salary).

Is Decision Support Analyst a well paid job?

Yes, our data shows that Decision Support 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 Decision Support Analyst?

High salary for Decision Support Analyst would be somewhere between 13,779,817 ISK and 18,164,304 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Decision Support 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: 12,527,106 ISK
Estimated Monthly Salary: 1,043,926 ISK
Estimated Weekly Salary: 240,906 ISK per week
Estimated Hourly Salary: 6,023 ISK per hour
By working as Decision Support Analyst a person can save up to 4,599 USD per month or 55,191 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 Decision Support Analyst

Norway is 122,469 USDup arrow 39%
Details on Decision Support Analyst salary in Norway
United Kingdom is 57,475 USDdown arrow 35%
Details on Decision Support Analyst salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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This website offers salary estimates for informational purposes only.
Salary data displayed on this site is informational only. Our figures are compiled various sources, but we do not guarantee absolute correctness. Users must always verify salary details with additional resources before making financial commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no warranties about the completeness of the provided salary data. By continuing to use this site, you agree these limitations.
Salary details displayed on this website are meant for reference use exclusively. Our data comes from multiple inputs and may not always be up to date. Users must cross-reference salary information through other means before making financial commitments. The figures listed here may change due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the data displayed is flawless. By accessing this website, you accept that salary information is presented 'as is' and without assurances.