Product Development Manager Marketing salary in Iceland

Average Yearly Salary of Product Development Manager Marketing in Iceland is approximately 16,591,893 ISK (115,904 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 Product Development Manager Marketing do?

A Product Development Manager in marketing is responsible for leading and managing the development of new products or services within an organization. They collaborate with cross-functional teams, including marketing, design, research and development, and operations, to ensure the successful launch of new products. Their main goal is to identify market opportunities, conduct market research, and develop innovative solutions that meet customer needs and drive business growth. Key responsibilities of a Product Development Manager include conducting market analysis, defining product requirements, overseeing the product development process, managing budgets and timelines, coordinating with internal and external stakeholders, and monitoring product performance post-launch. They also play a crucial role in developing marketing strategies and campaigns to promote and sell the new products.

Skills: Product Development Manager, Marketing, Market Research, Innovation, Project Management, Cross-functional Collaboration
Job industry: Marketing

How much does Product Development Manager Marketing make?

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


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Salary comparison to National average

Is Product Development Manager Marketing a well paid job?

Yes, our data shows that Product Development Manager Marketing 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 Product Development Manager Marketing?

High salary for Product Development Manager Marketing would be somewhere between 18,251,082 ISK and 24,058,245 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Product Development Manager Marketing 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: 16,591,893 ISK
Estimated Monthly Salary: 1,382,658 ISK
Estimated Weekly Salary: 319,075 ISK per week
Estimated Hourly Salary: 7,977 ISK per hour
By working as Product Development Manager Marketing a person can save up to 6,930 USD per month or 83,158 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 Product Development Manager Marketing

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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