Germany vs Iceland: Carbon price vs. share of global CO₂ emissions covered

Germany
68.11 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Iceland
57.53 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Germany rank
28th
Iceland rank
31st

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

  • Germany
  • Iceland
0204060199020072025

How they compare

Germany currently reports 68.11 constant 2021 US$ per tonne of CO₂ equivalents against 57.53 constant 2021 US$ per tonne of CO₂ equivalents in Iceland, a difference of 10.58 constant 2021 US$ per tonne of CO₂ equivalents.

That makes Germany's figure about 1.2 times Iceland's.

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

Germany ranks 28th and Iceland ranks 31st of 200 countries.

Across the 4 decades both report, Germany averaged higher in 2 and Iceland in 1.

Head to head by decade

Decade Germany Iceland Difference Ahead
1990s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents —
2000s 10.48 constant 2021 US$ per tonne of CO₂ equivalents 5.77 constant 2021 US$ per tonne of CO₂ equivalents 4.71 constant 2021 US$ per tonne of CO₂ equivalents Germany
2010s 14.14 constant 2021 US$ per tonne of CO₂ equivalents 17 constant 2021 US$ per tonne of CO₂ equivalents 2.87 constant 2021 US$ per tonne of CO₂ equivalents Iceland
2020s 55.95 constant 2021 US$ per tonne of CO₂ equivalents 40.89 constant 2021 US$ per tonne of CO₂ equivalents 15.07 constant 2021 US$ per tonne of CO₂ equivalents Germany

Averages of every year both report within each decade.

Frequently asked questions

Which has higher carbon price vs. share of global co₂ emissions covered, Germany or Iceland?
Germany, at 68.11 constant 2021 US$ per tonne of CO₂ equivalents against 57.53 constant 2021 US$ per tonne of CO₂ equivalents in Iceland as of 2025.
What is the difference in carbon price vs. share of global co₂ emissions covered between Germany and Iceland?
10.58 constant 2021 US$ per tonne of CO₂ equivalents, with Germany ahead.
How many years of comparable data are there for Germany and Iceland?
36 years are reported by both, from 1990 to 2025.
How do Germany and Iceland rank globally for carbon price vs. share of global co₂ emissions covered?
Germany ranks 28th and Iceland ranks 31st 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.

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Germany vs Iceland: Carbon price vs. share of global CO₂ emissions covered. Statizoid, drawing on Dolphin and Merkle (2024) – with major processing by Our World in Data. Retrieved 25 September 2026, from https://climate.statizoid.com/compare/carbon-price-vs-share-emissions/germany/iceland/

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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.