Iceland vs New Zealand: Carbon price vs. share of global CO₂ emissions covered
Iceland
57.53 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
New Zealand
35.16 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Iceland rank
31st
New Zealand rank
33rd
Carbon price vs. share of global CO₂ emissions covered over time
- Iceland
- New Zealand
How they compare
Iceland currently reports 57.53 constant 2021 US$ per tonne of CO₂ equivalents against 35.16 constant 2021 US$ per tonne of CO₂ equivalents in New Zealand, a difference of 22.37 constant 2021 US$ per tonne of CO₂ equivalents.
That makes Iceland's figure about 1.6 times New Zealand's.
The two have swapped places 7 times across 36 shared years of data; in 1990 it was New Zealand ahead.
Iceland ranks 31st and New Zealand ranks 33rd of 200 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | New Zealand | 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 | 5.77 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 5.77 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
| 2010s | 17 constant 2021 US$ per tonne of CO₂ equivalents | 11.04 constant 2021 US$ per tonne of CO₂ equivalents | 5.96 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
| 2020s | 40.89 constant 2021 US$ per tonne of CO₂ equivalents | 35.68 constant 2021 US$ per tonne of CO₂ equivalents | 5.21 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher carbon price vs. share of global co₂ emissions covered, Iceland or New Zealand?
- Iceland, at 57.53 constant 2021 US$ per tonne of CO₂ equivalents against 35.16 constant 2021 US$ per tonne of CO₂ equivalents in New Zealand as of 2025.
- What is the difference in carbon price vs. share of global co₂ emissions covered between Iceland and New Zealand?
- 22.37 constant 2021 US$ per tonne of CO₂ equivalents, with Iceland ahead.
- How many years of comparable data are there for Iceland and New Zealand?
- 36 years are reported by both, from 1990 to 2025.
- How do Iceland and New Zealand rank globally for carbon price vs. share of global co₂ emissions covered?
- Iceland ranks 31st and New Zealand ranks 33rd 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
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.