Economic Policy Analyst salary in Iceland

Average Yearly Salary of Economic Policy Analyst in Iceland is approximately 10,335,006 ISK (72,615 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 Economic Policy Analyst do?

An economic policy analyst is a professional who studies and analyzes economic data, policies, and trends to provide insights and recommendations to governments, organizations, or businesses. They examine the impact of economic policies on various sectors of the economy, such as employment, inflation, and growth. Economic policy analysts conduct research, collect and analyze data, create models, and evaluate the effectiveness of existing policies. They also forecast future economic conditions and propose strategies to address economic challenges or achieve specific goals.

Skills: Economic policy analyst, Economic research, Policy evaluation, Data analysis, Economic forecasting, Policy recommendations
Job industry: Finance and economics

How much does Economic Policy Analyst make?

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


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Economic Policy Analyst a well paid job?

Yes, our data show that Economic Policy Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Economic Policy Analyst?

High salary for Economic Policy Analyst would be somewhere between 11,368,507 ISK and 14,985,759 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Economic Policy 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: 10,335,006 ISK
Estimated Monthly Salary: 861,251 ISK
Estimated Weekly Salary: 198,750 ISK per week
Estimated Hourly Salary: 4,969 ISK per hour
By working as Economic Policy Analyst a person can save up to 3,322 USD per month or 39,869 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 Economic Policy 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.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Visual specialist (4,902,930 ISK per year, pre-tax.)
Web application analyst (9,805,977 ISK per year, pre-tax.)
Qualitative research analyst (7,354,512 ISK per year, pre-tax.)
Recruiting administrator (5,456,562 ISK per year, pre-tax.)
Sap coordinator (9,554,921 ISK per year, pre-tax.)

Feedback about these results