Home > Salary > Iceland > Project Analyst
A project analyst is responsible for analyzing and evaluating various aspects of a project to ensure its successful completion. They work closely with project managers and team members to gather and analyze data, identify potential risks and issues, and propose solutions. The role involves conducting research, creating and maintaining project documentation, monitoring project progress, and providing regular reports to stakeholders. Project analysts also assist in developing project plans, budgets, and schedules, and may be involved in coordinating and facilitating meetings and workshops.
Estimated Yearly Salary: 11,895,220 ISK
Estimated Monthly Salary: 991,268 ISK
Estimated Weekly Salary: 228,754 ISK per week
Estimated Hourly Salary: 5,719 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 957,016 ISK
Estimated Weekly Salary: 220,850 ISK per week
Estimated Hourly Salary: 5,521 ISK per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 82,806 USD
Estimated Monthly Salary: 6,901 USD
Estimated Weekly Salary: 1,592 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 11,895,220 ISK
Estimated Monthly Salary: 991,268 ISK
Estimated Weekly Salary: 228,754 ISK per week
Estimated Hourly Salary: 5,719 ISK per hour
By working as Project Analyst a person can save up to 4,172 USD per month or 50,060 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.
Estimated Yearly Salary for Project Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Teller supervisor banking (6,592,729 ISK per year, pre-tax.)
Tailor (6,247,365 ISK per year, pre-tax.)
Chief credit officer (19,137,379 ISK per year, pre-tax.)
Environmental supervisor (4,586,702 ISK per year, pre-tax.)
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Project Analyst salary in Iceland
Average Yearly Salary of Project Analyst in Iceland is approximately 11,895,220 ISK (82,806 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 Project Analyst do?
A project analyst is responsible for analyzing and evaluating various aspects of a project to ensure its successful completion. They work closely with project managers and team members to gather and analyze data, identify potential risks and issues, and propose solutions. The role involves conducting research, creating and maintaining project documentation, monitoring project progress, and providing regular reports to stakeholders. Project analysts also assist in developing project plans, budgets, and schedules, and may be involved in coordinating and facilitating meetings and workshops.
Skills: project analysis, data analysis, risk assessment, project management, problem-solving, communication skills.
Job industry: Consulting
Job industry: Consulting
How much does Project Analyst make?
Salary details
How much does Project Analyst make?Estimated Yearly Salary: 11,895,220 ISK
Estimated Monthly Salary: 991,268 ISK
Estimated Weekly Salary: 228,754 ISK per week
Estimated Hourly Salary: 5,719 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 11,484,187 ISKEstimated Monthly Salary: 957,016 ISK
Estimated Weekly Salary: 220,850 ISK per week
Estimated Hourly Salary: 5,521 ISK per hour
Last revision of data: 2024-01-06Project Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 82,806 USD
Estimated Monthly Salary: 6,901 USD
Estimated Weekly Salary: 1,592 USD per week
Estimated Hourly Salary: 40 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Project Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Analyst in Iceland earns on average:
1.33 times the average salary (or 133% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Project Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Project Analyst in Iceland earns on average:
1.33 times the average salary (or 133% of average salary).
Is Project Analyst a well paid job?
Yes, our data shows that Project 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 Project Analyst?
High salary for Project Analyst would be somewhere between 13,084,742 ISK and 17,248,069 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Project 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: 11,895,220 ISK
Estimated Monthly Salary: 991,268 ISK
Estimated Weekly Salary: 228,754 ISK per week
Estimated Hourly Salary: 5,719 ISK per hour
By working as Project Analyst a person can save up to 4,172 USD per month or 50,060 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 Project Analyst
Norway is 116,293 USD
United Kingdom is 54,844 USD
Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Teller supervisor banking (6,592,729 ISK per year, pre-tax.)
Tailor (6,247,365 ISK per year, pre-tax.)
Chief credit officer (19,137,379 ISK per year, pre-tax.)
Environmental supervisor (4,586,702 ISK per year, pre-tax.)
Media manager (13,051,977 ISK per year, pre-tax.)
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