Sap Functional Analyst salary in Iceland

Average Yearly Salary of Sap Functional Analyst in Iceland is approximately 13,651,214 ISK (95,397 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 Sap Functional Analyst do?

A SAP Functional Analyst is responsible for analyzing business processes and requirements, designing and implementing SAP solutions, and providing ongoing support and maintenance. They work closely with business stakeholders to understand their needs and translate them into functional specifications for SAP modules such as Finance, Human Resources, Supply Chain, or Sales and Distribution. The analyst collaborates with technical teams to configure and customize SAP systems, conduct testing, and ensure smooth integration with other enterprise applications. They also provide training to end-users and assist in troubleshooting and resolving system issues. Strong analytical and problem-solving skills, along with a deep understanding of SAP functionality, are essential for this role.

Skills: SAP, Functional Analyst, Business Analysis, SAP Implementation, System Integration, SAP Modules
Job industry: Information technology

How much does Sap Functional Analyst make?

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


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Salary comparison to National average

Is Sap Functional Analyst a well paid job?

Yes, our data shows that Sap Functional 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 Sap Functional Analyst?

High salary for Sap Functional Analyst would be somewhere between 15,016,335 ISK and 19,794,260 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Sap Functional 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: 13,651,214 ISK
Estimated Monthly Salary: 1,137,601 ISK
Estimated Weekly Salary: 262,523 ISK per week
Estimated Hourly Salary: 6,563 ISK per hour
By working as Sap Functional Analyst a person can save up to 5,221 USD per month or 62,651 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 Sap Functional Analyst

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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