Navy Officer salary in Iceland

Average Yearly Salary of Navy Officer in Iceland is approximately 6,820,584 ISK (47,645 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 Navy Officer do?

A Navy officer serves as a commissioned officer in the United States Navy or any other naval force. Their primary role is to lead and manage naval operations, ensuring the safety and effectiveness of their crew and equipment. Navy officers can specialize in various fields, such as surface warfare, aviation, submarines, intelligence, engineering, or logistics. They are responsible for planning and executing missions, coordinating with other military branches and international partners, and maintaining operational readiness. Navy officers must possess strong leadership and decision-making skills, as they are responsible for the welfare and development of their subordinates. They also need to have a good understanding of naval tactics, technology, and protocols. Additionally, they may be involved in administrative tasks, such as budgeting, resource allocation, and personnel management.

Skills: Navy officer, Commissioned officer, Leadership, Naval operations, Military, Strategic planning
Job industry: Military

How much does Navy Officer make?

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


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Salary comparison to National average

Is Navy Officer a well paid job?

No, our data shows that Navy Officer is typically not a well-paid job. The salary varies based on experience. Meaning that even though Navy Officer might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Navy Officer?

High salary for Navy Officer would be somewhere between 7,502,642 ISK and 9,889,847 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Navy Officer 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: 6,820,584 ISK
Estimated Monthly Salary: 568,382 ISK
Estimated Weekly Salary: 131,165 ISK per week
Estimated Hourly Salary: 3,279 ISK per hour
By working as Navy Officer a person can save up to 1,242 USD per month or 14,899 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 Navy Officer

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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