Erp Business Analyst salary in Iceland

Average Yearly Salary of Erp Business Analyst in Iceland is approximately 13,741,292 ISK (95,989 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 Erp Business Analyst do?

An ERP (Enterprise Resource Planning) Business Analyst is responsible for analyzing and documenting business processes, requirements, and system functionalities related to ERP implementation projects. They work closely with stakeholders, including business users, IT teams, and vendors, to gather and understand business needs and translate them into functional specifications. The ERP Business Analyst plays a crucial role in identifying gaps between existing systems and desired outcomes, proposing solutions, and ensuring that the ERP system meets the organization's goals and objectives. They are involved in all stages of the project lifecycle, from requirements gathering and analysis to testing, training, and post-implementation support. Strong analytical, problem-solving, and communication skills are essential for this role, as well as a deep understanding of ERP systems and business processes.

Skills: ERP implementation, Business process analysis, Functional specifications, Stakeholder engagement, System integration, Project lifecycle management
Job industry: Information technology

How much does Erp Business Analyst make?

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


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Salary comparison to National average

Is Erp Business Analyst a well paid job?

Yes, our data shows that Erp 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 Erp Business Analyst?

High salary for Erp Business Analyst would be somewhere between 15,115,421 ISK and 19,924,873 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Erp 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: 13,741,292 ISK
Estimated Monthly Salary: 1,145,108 ISK
Estimated Weekly Salary: 264,256 ISK per week
Estimated Hourly Salary: 6,606 ISK per hour
By working as Erp Business Analyst a person can save up to 5,270 USD per month or 63,243 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 Erp 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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