Denmark vs Latvia: Carbon price vs. share of global CO₂ emissions covered

Denmark
71.72 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Latvia
71.58 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Denmark rank
20th
Latvia rank
21st

Carbon price vs. share of global CO₂ emissions covered over time

  • Denmark
  • Latvia
020406080199020072025

How they compare

Denmark currently reports 71.72 constant 2021 US$ per tonne of CO₂ equivalents against 71.58 constant 2021 US$ per tonne of CO₂ equivalents in Latvia, a difference of 0.14 constant 2021 US$ per tonne of CO₂ equivalents.

The two have swapped places 5 times across 36 shared years of data; in 1990 it was Latvia ahead.

Denmark ranks 20th and Latvia ranks 21st of 200 countries.

Across the 4 decades both report, Denmark averaged higher in 3 and Latvia in 1.

Head to head by decade

Decade Denmark Latvia Difference Ahead
1990s 16.35 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 16.35 constant 2021 US$ per tonne of CO₂ equivalents Denmark
2000s 22.06 constant 2021 US$ per tonne of CO₂ equivalents 12.17 constant 2021 US$ per tonne of CO₂ equivalents 9.89 constant 2021 US$ per tonne of CO₂ equivalents Denmark
2010s 24.57 constant 2021 US$ per tonne of CO₂ equivalents 14.31 constant 2021 US$ per tonne of CO₂ equivalents 10.26 constant 2021 US$ per tonne of CO₂ equivalents Denmark
2020s 58.07 constant 2021 US$ per tonne of CO₂ equivalents 65.95 constant 2021 US$ per tonne of CO₂ equivalents 7.88 constant 2021 US$ per tonne of CO₂ equivalents Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher carbon price vs. share of global co₂ emissions covered, Denmark or Latvia?
Denmark, at 71.72 constant 2021 US$ per tonne of CO₂ equivalents against 71.58 constant 2021 US$ per tonne of CO₂ equivalents in Latvia as of 2025.
What is the difference in carbon price vs. share of global co₂ emissions covered between Denmark and Latvia?
0.14 constant 2021 US$ per tonne of CO₂ equivalents, with Denmark ahead.
How many years of comparable data are there for Denmark and Latvia?
36 years are reported by both, from 1990 to 2025.
How do Denmark and Latvia rank globally for carbon price vs. share of global co₂ emissions covered?
Denmark ranks 20th and Latvia ranks 21st of 200 countries.
Where does this data come from?
Dolphin and Merkle (2024) – with major processing by Our World in Data, published as Carbon price vs. share of global CO₂ emissions covered. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Carbon price vs. share of global CO₂ emissions covered
Unit
constant 2021 US$ per tonne of CO₂ equivalents
Source
Dolphin and Merkle (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 7,200 data points, 1990–2025
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.