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Senior Business Systems Analyst salary in Iceland

Average Yearly Salary of Senior Business Systems Analyst in Iceland is approximately 18,418,485 ISK (129,698 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 Senior Business Systems Analyst do?

occupation personasA Senior Business Systems Analyst is a professional responsible for analyzing, designing, and implementing business processes and systems within an organization. They work closely with stakeholders to understand their requirements, document business needs, and translate them into technical specifications. They conduct feasibility studies, identify gaps in current systems, and propose solutions to improve efficiency and productivity. Senior Business Systems Analysts also collaborate with development teams to ensure successful implementation and provide support during system testing and user acceptance phases. They may also be involved in training end-users and creating documentation for system processes.

Skills: Senior Business Systems Analyst, Business Analysis, Systems Analysis, Process Improvement, Technical Specifications, Stakeholder Engagement
Job industry: Information technology


How much does Senior Business Systems Analyst make?

Salary details
How much does Senior Business Systems Analyst make?
Estimated Yearly Salary: 18,418,485 ISK
Estimated Monthly Salary: 1,534,874 ISK
Estimated Weekly Salary: 354,202 ISK per week
Estimated Hourly Salary: 8,855 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 17,864,132 ISK
Estimated Monthly Salary: 1,488,678 ISK
Estimated Weekly Salary: 343,541 ISK per week
Estimated Hourly Salary: 8,589 ISK per hour
Last revision of data: 2024-01-09



Senior Business Systems Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 129,698 USD
Estimated Monthly Salary: 10,808 USD
Estimated Weekly Salary: 2,494 USD per week
Estimated Hourly Salary: 62 USD per hour


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

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.

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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 Senior Business Systems Analyst job salary compared to average salary in Iceland.
Comparison shows that a person working as Senior Business Systems Analyst in Iceland earns on average:
2.06 times the average salary (or 206% of average salary).

Is Senior Business Systems Analyst a well paid job?

Yes, our data show that Senior Business Systems Analyst 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 Senior Business Systems Analyst?

High salary for Senior Business Systems Analyst would be somewhere between 20,260,334 ISK and 26,706,803 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Business Systems 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: 18,418,485 ISK
Estimated Monthly Salary: 1,534,874 ISK
Estimated Weekly Salary: 354,202 ISK per week
Estimated Hourly Salary: 8,855 ISK per hour
By working as Senior Business Systems Analyst a person can save up to 8,079 USD per month or 96,952 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 Senior Business Systems Analyst

Norway is 181,641 USDup arrow 40%
Details on Senior Business Systems Analyst salary in Norway
United Kingdom is 85,325 USDdown arrow 34%
Details on Senior Business Systems Analyst salary in United Kingdom
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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+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

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(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.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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