Senior Product Manager salary in Iceland

Average Yearly Salary of Senior Product Manager in Iceland is approximately 24,742,793 ISK (172,699 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 Product Manager do?

A Senior Product Manager is responsible for overseeing the development and execution of a company's product strategy. They work closely with cross-functional teams, including marketing, engineering, design, and sales, to define product requirements, prioritize features, and ensure successful product launches. Their primary goal is to drive revenue growth and customer satisfaction by delivering innovative and market-leading products. Key responsibilities of a Senior Product Manager include conducting market research, gathering customer feedback, analyzing competitive landscape, defining product roadmaps, creating business cases, and collaborating with stakeholders to align product vision. They also play a crucial role in setting pricing strategies, monitoring product performance, and identifying opportunities for improvement.

Skills: Senior Product Manager, Product Strategy, Cross-functional Collaboration, Market Research, Product Roadmap, Revenue Growth.
Job industry: Technology

How much does Senior Product Manager make?

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


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Salary comparison to National average

Is Senior Product Manager a well paid job?

Yes, our data show that Senior Product Manager 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 Product Manager?

High salary for Senior Product Manager would be somewhere between 27,217,072 ISK and 35,877,050 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Senior Product Manager 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: 24,742,793 ISK
Estimated Monthly Salary: 2,061,899 ISK
Estimated Weekly Salary: 475,823 ISK per week
Estimated Hourly Salary: 11,896 ISK per hour
By working as Senior Product Manager a person can save up to 11,663 USD per month or 139,953 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 Product Manager

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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