Physician Doctor Internal Medicine salary in Iceland

Average Yearly Salary of Physician Doctor Internal Medicine in Iceland is approximately 39,992,499 ISK (279,575 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 Physician Doctor Internal Medicine do?

A physician, also known as a doctor of internal medicine, is a medical professional who specializes in the prevention, diagnosis, and treatment of diseases in adult patients. They are trained to provide comprehensive care for a wide range of medical conditions, including chronic illnesses, acute infections, and complex diseases. Physicians in internal medicine focus on the overall health of their patients, taking into account various factors such as lifestyle, family history, and medical history. They conduct physical examinations, order and interpret diagnostic tests, prescribe medications, and develop personalized treatment plans. They also provide preventive care, such as vaccinations and health screenings, and offer guidance on maintaining a healthy lifestyle. Physicians often collaborate with other specialists to ensure coordinated care for their patients.

Skills: Physician, Doctor, Internal Medicine, Healthcare, Medical Professional, Disease Diagnosis
Job industry: Healthcare

How much does Physician Doctor Internal Medicine make?

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


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Salary comparison to National average

Is Physician Doctor Internal Medicine a well paid job?

Yes, our data show that Physician Doctor Internal 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 Physician Doctor Internal Medicine?

High salary for Physician Doctor Internal Medicine would be somewhere between 43,991,749 ISK and 57,989,124 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Physician Doctor Internal 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: 39,992,499 ISK
Estimated Monthly Salary: 3,332,708 ISK
Estimated Weekly Salary: 769,087 ISK per week
Estimated Hourly Salary: 19,227 ISK per hour
By working as Physician Doctor Internal Medicine a person can save up to 20,569 USD per month or 246,829 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 Physician Doctor Internal 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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