Operations Analyst salary in Iceland

Average Yearly Salary of Operations Analyst in Iceland is approximately 11,437,055 ISK (80,041 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 Operations Analyst do?

An operations analyst is responsible for analyzing and improving the efficiency of an organization's operations. They gather and analyze data, identify areas of improvement, and propose solutions to enhance productivity, reduce costs, and optimize processes. Operations analysts work closely with various departments, such as finance, supply chain, and production, to collect and analyze data related to key performance indicators (KPIs) and operational metrics. They use statistical analysis and modeling techniques to identify trends, patterns, and opportunities for improvement. Additionally, operations analysts may develop reports, dashboards, and presentations to communicate findings and recommendations to management.

Skills: operations analyst, data analysis, process optimization, efficiency improvement, KPI analysis, cost reduction.
Job industry: Finance

How much does Operations 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 Operations Analyst a well paid job?

Yes, our data shows that Operations 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 Operations Analyst?

High salary for Operations Analyst would be somewhere between 12,580,761 ISK and 16,583,730 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Operations 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: 11,437,055 ISK
Estimated Monthly Salary: 953,088 ISK
Estimated Weekly Salary: 219,943 ISK per week
Estimated Hourly Salary: 5,499 ISK per hour
By working as Operations Analyst a person can save up to 3,941 USD per month or 47,295 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 Operations 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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