Home > Salary > Iceland > Economics Lecturer
An economics lecturer is an individual who teaches and conducts research in the field of economics. They are responsible for delivering lectures, leading discussions, and facilitating learning on various topics related to economics. They prepare course materials, such as syllabi, lecture notes, and assignments, and evaluate students' progress through exams and other assessments. Additionally, economics lecturers may engage in scholarly research, publish academic papers, and participate in conferences to stay updated with the latest developments in the field.
Estimated Yearly Salary: 9,826,910 ISK
Estimated Monthly Salary: 818,909 ISK
Estimated Weekly Salary: 188,979 ISK per week
Estimated Hourly Salary: 4,724 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 788,645 ISK
Estimated Weekly Salary: 181,995 ISK per week
Estimated Hourly Salary: 4,550 ISK per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 68,431 USD
Estimated Monthly Salary: 5,703 USD
Estimated Weekly Salary: 1,316 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 9,826,910 ISK
Estimated Monthly Salary: 818,909 ISK
Estimated Weekly Salary: 188,979 ISK per week
Estimated Hourly Salary: 4,724 ISK per hour
By working as Economics Lecturer a person can save up to 2,974 USD per month or 35,685 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 Economics Lecturer
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Naturopathic physician (18,714,839 ISK per year, pre-tax.)
Assistant police chief (16,481,894 ISK per year, pre-tax.)
Transportation superintendent (10,202,777 ISK per year, pre-tax.)
Nuclear pharmacist (18,884,013 ISK per year, pre-tax.)
Mail clerk or mail machine operator (but not postal service) (5,848,414 ISK per year, pre-tax.)
Economics Lecturer salary in Iceland
Average Yearly Salary of Economics Lecturer in Iceland is approximately 9,826,910 ISK (68,431 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 Economics Lecturer do?
An economics lecturer is an individual who teaches and conducts research in the field of economics. They are responsible for delivering lectures, leading discussions, and facilitating learning on various topics related to economics. They prepare course materials, such as syllabi, lecture notes, and assignments, and evaluate students' progress through exams and other assessments. Additionally, economics lecturers may engage in scholarly research, publish academic papers, and participate in conferences to stay updated with the latest developments in the field.
Skills: economics, lecturer, education, research, teaching, economics professor
Job industry: Education
Job industry: Education
How much does Economics Lecturer make?
Salary details
How much does Economics Lecturer make?Estimated Yearly Salary: 9,826,910 ISK
Estimated Monthly Salary: 818,909 ISK
Estimated Weekly Salary: 188,979 ISK per week
Estimated Hourly Salary: 4,724 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,463,740 ISKEstimated Monthly Salary: 788,645 ISK
Estimated Weekly Salary: 181,995 ISK per week
Estimated Hourly Salary: 4,550 ISK per hour
Last revision of data: 2024-01-09Economics Lecturer estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 68,431 USD
Estimated Monthly Salary: 5,703 USD
Estimated Weekly Salary: 1,316 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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
Please type in your occupation and select desired country to see latest trends in salaries.
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 Economics Lecturer job salary compared to average salary in Iceland.
Comparison shows that a person working as Economics Lecturer in Iceland earns on average:
1.1 times the average salary (or 110% 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 Economics Lecturer job salary compared to average salary in Iceland.
Comparison shows that a person working as Economics Lecturer in Iceland earns on average:
1.1 times the average salary (or 110% of average salary).
Is Economics Lecturer a well paid job?
Yes, our data show that Economics Lecturer 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 Economics Lecturer?
High salary for Economics Lecturer would be somewhere between 10,809,601 ISK and 14,249,020 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Economics Lecturer 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: 9,826,910 ISK
Estimated Monthly Salary: 818,909 ISK
Estimated Weekly Salary: 188,979 ISK per week
Estimated Hourly Salary: 4,724 ISK per hour
By working as Economics Lecturer a person can save up to 2,974 USD per month or 35,685 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 Economics Lecturer
Norway is 95,658 USD
United Kingdom is 44,877 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
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.)
Data as of 2025Random salary:
Naturopathic physician (18,714,839 ISK per year, pre-tax.)
Assistant police chief (16,481,894 ISK per year, pre-tax.)
Transportation superintendent (10,202,777 ISK per year, pre-tax.)
Nuclear pharmacist (18,884,013 ISK per year, pre-tax.)
Mail clerk or mail machine operator (but not postal service) (5,848,414 ISK per year, pre-tax.)
Feedback about these results
Please provide feedback by clicking buttons below if you find any of our salaries erroneous.
Link to this graph - use the following code to display the salary graph on your page:
<a href='https://optisalary.com/salary?country=iceland&job=economics-lecturer'><img src='https://optisalary.com/wp-content/graphs/salary/economics-lecturer-salary-in-iceland-2025.jpg' alt='economics lecturer salary in iceland 2025' title='economics lecturer salary in iceland 2025' /></a>
Please note:The salary figures presented here are intended for reference purposes solely.
optisalary.com presents salary estimates for informational purposes only. While we collect data from multiple providers, we cannot ensure full reliability. Users are encouraged to consult trusted organizations before making any career moves. Salaries shift due to numerous factors, such as experience, industry trends, and negotiation tactics. We cannot provide warranty regarding the validity of the displayed salary figures. Your use of this site indicates your understanding of these conditions.
Salary data displayed on this site is informational exclusively. Our figures are compiled various inputs, but we do not guarantee their accuracy. Users should always verify salary details with official resources before making financial commitments. Salaries fluctuate due to economic trends, job location, and negotiation skills. We cannot offer any warranties about the completeness of the provided salary data. By navigating this site, you agree these limitations.