Medical Director Medicine salary in Iceland

Average Yearly Salary of Medical Director Medicine in Iceland is approximately 43,968,843 ISK (307,517 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 Medical Director Medicine do?

A medical director in the field of medicine is a highly responsible and influential position. They are responsible for overseeing and managing the medical operations of a healthcare organization or facility. This includes setting medical policies, protocols, and standards, ensuring compliance with regulations, and leading a team of healthcare professionals. The medical director plays a crucial role in developing and implementing strategies to improve patient care, safety, and overall quality of services. They also collaborate with other departments, such as administration and finance, to ensure efficient and effective delivery of healthcare services.

Skills: Medical director, Healthcare management, Medical operations, Patient care, Quality improvement, Compliance.
Job industry: Healthcare

How much does Medical Director Medicine make?

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


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Salary comparison to National average

Is Medical Director Medicine a well paid job?

Yes, our data show that Medical Director Medicine is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Director Medicine?

High salary for Medical Director Medicine would be somewhere between 48,365,727 ISK and 63,754,822 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Director Medicine 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: 43,968,843 ISK
Estimated Monthly Salary: 3,664,070 ISK
Estimated Weekly Salary: 845,555 ISK per week
Estimated Hourly Salary: 21,139 ISK per hour
By working as Medical Director Medicine a person can save up to 22,898 USD per month or 274,771 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 Medical Director Medicine

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

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