Project Development Director salary in Iceland

Average Yearly Salary of Project Development Director in Iceland is approximately 19,524,935 ISK (137,466 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 Development Director do?

A project development director is responsible for overseeing the planning, execution, and completion of various projects within an organization. They work closely with stakeholders to identify project goals, develop strategies, allocate resources, and ensure timely delivery. The role requires strong leadership skills to manage a team of project managers, coordinators, and other staff members. The project development director also plays a crucial role in risk management, monitoring project progress, and making adjustments as necessary to meet objectives. They collaborate with cross-functional teams to ensure effective communication and coordination throughout the project lifecycle. This role demands excellent problem-solving abilities, strategic thinking, and the ability to adapt to changing circumstances. Ultimately, the project development director is responsible for driving successful project outcomes and contributing to the overall growth and success of the organization.

Skills: Project Management, Leadership, Strategic Planning, Resource Allocation, Risk Management, Team Management
Job industry: Construction

How much does Project Development Director make?

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


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Salary comparison to National average

Is Project Development Director a well paid job?

Yes, our data show that Project Development Director 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 Project Development Director?

High salary for Project Development Director would be somewhere between 21,477,429 ISK and 28,311,156 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Project Development Director 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: 19,524,935 ISK
Estimated Monthly Salary: 1,627,078 ISK
Estimated Weekly Salary: 375,480 ISK per week
Estimated Hourly Salary: 9,387 ISK per hour
By working as Project Development Director a person can save up to 8,727 USD per month or 104,720 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 Development Director

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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