Procurement Assistant salary in Iceland

Average Yearly Salary of Procurement Assistant in Iceland is approximately 7,284,454 ISK (50,824 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 Procurement Assistant do?

A procurement assistant is responsible for supporting the procurement team in various administrative tasks related to purchasing goods and services for an organization. They assist in the preparation of purchase orders, maintaining records of supplier information, and ensuring timely delivery of materials. The procurement assistant also helps in sourcing potential suppliers, obtaining quotes, and negotiating prices. They may be involved in inventory management, tracking stock levels, and coordinating with different departments to fulfill their procurement needs. Attention to detail, good organizational skills, and proficiency in using procurement software and tools are essential for this role. The procurement assistant plays a crucial role in ensuring smooth operations by ensuring that the right products are purchased at the right time and at the best possible price.

Skills: procurement, purchasing, administration, supply chain, inventory management, negotiation.
Job industry: Procurement

How much does Procurement Assistant make?

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


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Salary comparison to National average

Is Procurement Assistant a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Procurement Assistant?

High salary for Procurement Assistant would be somewhere between 8,012,899 ISK and 10,562,458 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Procurement Assistant 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: 7,284,454 ISK
Estimated Monthly Salary: 607,038 ISK
Estimated Weekly Salary: 140,086 ISK per week
Estimated Hourly Salary: 3,502 ISK per hour
By working as Procurement Assistant a person can save up to 1,507 USD per month or 18,078 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 Procurement Assistant

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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