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Market Manager salary in Iceland

Average Yearly Salary of Market Manager in Iceland is approximately 13,524,580 ISK (94,804 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 Market Manager do?

occupation personasA market manager is responsible for overseeing the marketing activities and strategies of a company or organization. They analyze market trends, identify target audiences, and develop marketing plans to promote products or services. Market managers conduct market research to gather consumer insights and competitor analysis to stay ahead in the industry. They collaborate with cross-functional teams such as sales, product development, and advertising to ensure effective implementation of marketing campaigns. Additionally, market managers monitor and evaluate the performance of marketing initiatives, adjust strategies as needed, and measure the return on investment.

Skills: Market analysis, Marketing strategy, Consumer insights, Competitor analysis, Campaign management, ROI measurement
Job industry: Marketing


How much does Market Manager make?

Salary details
How much does Market Manager make?
Estimated Yearly Salary: 13,524,580 ISK
Estimated Monthly Salary: 1,127,048 ISK
Estimated Weekly Salary: 260,088 ISK per week
Estimated Hourly Salary: 6,502 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 13,079,209 ISK
Estimated Monthly Salary: 1,089,934 ISK
Estimated Weekly Salary: 251,523 ISK per week
Estimated Hourly Salary: 6,288 ISK per hour
Last revision of data: 2024-01-06



Market Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 94,804 USD
Estimated Monthly Salary: 7,900 USD
Estimated Weekly Salary: 1,823 USD per week
Estimated Hourly Salary: 46 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 Market Manager job salary compared to average salary in Iceland.
Comparison shows that a person working as Market Manager in Iceland earns on average:
1.51 times the average salary (or 151% of average salary).

Is Market Manager a well paid job?

Yes, our data shows that Market Manager 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 Market Manager?

High salary for Market Manager would be somewhere between 14,877,038 ISK and 19,610,641 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Market Manager 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: 13,524,580 ISK
Estimated Monthly Salary: 1,127,048 ISK
Estimated Weekly Salary: 260,088 ISK per week
Estimated Hourly Salary: 6,502 ISK per hour
By working as Market Manager a person can save up to 5,172 USD per month or 62,058 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 Market Manager

Norway is 132,443 USDup arrow 40%
Details on Market Manager salary in Norway
United Kingdom is 62,434 USDdown arrow 34%
Details on Market Manager 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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Please note:
The salary figures presented here are meant for informational purposes only.
Salary data displayed on this site is informational exclusively. Our figures come from various sources, but we cannot guarantee their accuracy. Users should always double-check salary details with official resources before making job-related decisions. Salaries fluctuate due to economic trends, job location, and negotiation skills. We make no assurances about the completeness of the provided salary data. By continuing to use this site, you agree these terms.
This website displays salary data exclusively for informational purposes. While we strive for accuracy, we cannot guarantee the validity of all figures. Users must double-check salary details with official sources before making career-related plans. Salary amounts may fluctuate based on multiple factors, such as geographic location, experience, and job role. We assume no responsibility for errors in the pay figures provided. By using this website, you acknowledge that salary data is not absolute.