Marketing Business Development Director salary in Iceland

Average Yearly Salary of Marketing Business Development Director in Iceland is approximately 16,869,116 ISK (118,162 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 Marketing Business Development Director do?

The occupation of a Marketing Business Development Director involves overseeing and leading the marketing strategies and business development initiatives of an organization. They are responsible for identifying new market opportunities, developing and implementing marketing campaigns, and building relationships with potential clients and partners. The Marketing Business Development Director conducts market research to understand customer needs and preferences, analyzes competitor activities, and formulates effective marketing plans to drive business growth. They collaborate with cross-functional teams to ensure the successful execution of marketing strategies and achieve revenue targets. Additionally, they monitor market trends, evaluate the performance of marketing campaigns, and make data-driven recommendations for improvement. This role requires strong leadership skills, excellent communication and negotiation abilities, and a deep understanding of marketing principles and business development strategies.

Skills: Marketing, Business Development, Leadership, Strategic Planning, Market Research, Relationship Building
Job industry: Marketing

How much does Marketing Business Development Director make?

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


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

Salary comparison to National average

Is Marketing Business Development Director a well paid job?

Yes, our data shows that Marketing Business Development Director 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 Marketing Business Development Director?

High salary for Marketing Business Development Director would be somewhere between 18,556,028 ISK and 24,460,218 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Marketing Business Development Director 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: 16,869,116 ISK
Estimated Monthly Salary: 1,405,760 ISK
Estimated Weekly Salary: 324,406 ISK per week
Estimated Hourly Salary: 8,110 ISK per hour
By working as Marketing Business Development Director a person can save up to 7,118 USD per month or 85,416 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 Marketing Business Development Director

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:
Quality assurance assistant (6,058,618 ISK per year, pre-tax.)
School-based occupational therapist (10,952,513 ISK per year, pre-tax.)
Civil engineering drafter (6,175,376 ISK per year, pre-tax.)
Journeyman roofer (9,559,085 ISK per year, pre-tax.)
Bell captain (4,678,674 ISK per year, pre-tax.)

Feedback about these results