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Project Manager Salary in Iceland
How much does a Project Manager make in Iceland?
13.971.007 ISK (ISK)/year
Average Bonus
311.553 ISK (ISK)
per Year
Total Compensation
14.108.911,46 ISK
Entry Level
10.046.551 ISK
Median
13.797.358 ISK
Senior Level
16.056.890 ISK
As of July, 08, 2026, the average project manager gross salary in Iceland is 13.971.007 ISK or an equivalent hourly rate of 6.717 ISK. In addition, project managers earn an average bonus of 311.553 ISK. An entry level project manager with 1-3 years of experience earns an average salary of 10.046.551 ISK. At the higher end of the pay range, a senior level project manager with 8+ years of experience earns an average salary of 16.056.890 ISK. Salary estimates are based on salary survey data collected directly from employers in Iceland.
Data powered by ERI
Salary Potential for a Project Manager
Explore the estimated salary growth for a Project Manager in Iceland for up to 5 years. The estimated salary of a Project Manager will be 14.814.157 ISK in 1 year and 18.727.246 ISK in 5 years.
View Salary by Year
Estimated Salary
15.708.192 ISK
Average Growth
12,4%
The estimated salary for a Project Manager in 2 years is 15.708.192 ISK, which is 12,4% average growth. This information is based on ERI's compensation database.
Typical Project Manager Education
This chart displays the highest level of education for Project Managers.
- 0% of Project Managers have less than a High School Degree
- 7% of Project Managers have a High School Diploma
- 5% of Project Managers have an Associate's Degree
- 45% of Project Managers have a Bachelor's Degree
- 40% of Project Managers have a Master's Degree
- 3% of Project Managers have a Doctorate Degree
The typical field of study for a Project Manager is Landscape Architecture.
See how education can impact your salaryPopular Skills for a Project Manager
Plans development
85%
Data analysis
69%
Project management
15%
Risk management
1%
Change Management
1%
Business analysis
1%
These are the most popular skills for Project Managers. About 85% of Project Managers have a skill in Plans development. The top 3 most popular skills for Project Managers are plans development, data analysis, and project management.
See how skills can impact your salaryAre you getting paid what you're worth?
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Where can a Project Manager earn more?
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Project Manager Salaries in Other Locations
Salaries for Similar Job Titles in Iceland
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Project Manager Jobs
View moreCost of Living in Iceland
The cost of living in Iceland is equal to the national average.
0% equal to
than the national average
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Frequently Asked Questions
What does a Project Manager do?
Manages, plans, and coordinates activities of projects to ensure that goals or objectives of projects are accomplished within prescribed time frame and funding parameters. Reviews project proposal or plan to determine time frame, funding limitations, procedures for accomplishing projects, staffing requirements, and allotment of available resources to various phases of projects. Establishes work plan and multi-disciplinary staffing for each phase of project, and arranges for recruitment or assignment of project personnel. NOTE: ERI's findings based on experience.
How much does a Project Manager make in Iceland?
The average salary for a Project Manager is 13.971.007 ISK per year or 6.716,83 ISK per hour in Iceland. Top earners have reported making up to 16.056.890 ISK. However, the typical pay range in Iceland is between 10.046.551 ISK and 16.056.890 ISK annually.
What is the salary trajectory for a Project Manager?
Project Manager is projected to see a 34.0 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Project Manager salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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