Petroleum Chemist salary in Iceland

Average Yearly Salary of Petroleum Chemist in Iceland is approximately 11,763,104 ISK (82,303 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 Petroleum Chemist do?

A petroleum chemist is a professional who specializes in the analysis and development of petroleum-based products. They work in various industries, such as oil refineries, research laboratories, and energy companies. The primary role of a petroleum chemist involves studying the chemical properties of crude oil and developing processes to refine it into useful products like gasoline, diesel, lubricants, and plastics. They conduct experiments, analyze data, and collaborate with engineers and scientists to optimize production methods and improve product quality. Petroleum chemists also play a crucial role in ensuring compliance with safety and environmental regulations by monitoring and controlling the emissions and waste generated during the refining process. They may also be involved in research and development activities to explore alternative energy sources and find ways to reduce the environmental impact of petroleum-based products.

Skills: Petroleum chemist, Oil refining, Product development, Chemical analysis, Research and development, Environmental compliance
Job industry: Energy

How much does Petroleum Chemist make?

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


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Salary comparison to National average

Is Petroleum Chemist a well paid job?

Yes, our data shows that Petroleum Chemist 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 Petroleum Chemist?

High salary for Petroleum Chemist would be somewhere between 12,939,414 ISK and 17,056,501 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Petroleum Chemist 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: 11,763,104 ISK
Estimated Monthly Salary: 980,259 ISK
Estimated Weekly Salary: 226,214 ISK per week
Estimated Hourly Salary: 5,655 ISK per hour
By working as Petroleum Chemist a person can save up to 4,130 USD per month or 49,557 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 Petroleum Chemist

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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