Director Marketing Business Development salary in Iceland

Average Yearly Salary of Director Marketing Business Development in Iceland is approximately 18,299,171 ISK (127,482 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 Director Marketing Business Development do?

The occupation of a Director of Marketing and Business Development involves overseeing the marketing strategies and business growth initiatives of an organization. This role requires a deep understanding of market trends, customer needs, and competitive landscapes to develop effective marketing campaigns and drive revenue growth. The Director of Marketing and Business Development is responsible for creating and implementing marketing plans, identifying new business opportunities, and building strong relationships with clients and partners. They also collaborate with cross-functional teams to ensure alignment between marketing efforts and overall business objectives. This position requires excellent leadership and communication skills, as well as the ability to analyze data, make informed decisions, and adapt to changing market conditions.

Skills: Director of Marketing, Business Development, Marketing Strategy, Revenue Growth, Client Relationship Management, Market Analysis
Job industry: Marketing

How much does Director Marketing Business Development make?

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


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Salary comparison to National average

Is Director Marketing Business Development a well paid job?

Yes, our data show that Director Marketing Business Development is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Director Marketing Business Development?

High salary for Director Marketing Business Development would be somewhere between 20,129,088 ISK and 26,533,798 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Director Marketing Business Development 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: 18,299,171 ISK
Estimated Monthly Salary: 1,524,931 ISK
Estimated Weekly Salary: 351,907 ISK per week
Estimated Hourly Salary: 8,798 ISK per hour
By working as Director Marketing Business Development a person can save up to 7,895 USD per month or 94,736 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 Director Marketing Business Development

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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