China vs Iceland: Share of CO₂ emissions covered by a carbon price

China
46.7%
in 2025
Iceland
49.2%
in 2025
China rank
33rd
Iceland rank
30th

Share of CO₂ emissions covered by a carbon price over time

  • China
  • Iceland
0204060198920072025

How they compare

Iceland currently reports 49.2% against 46.7% in China, a difference of 2.5%.

That makes Iceland's figure about 1.1 times China's.

Across all 37 years both countries report, Iceland has been ahead every year.

China ranks 33rd and Iceland ranks 30th of 200 countries.

Iceland has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade China Iceland Difference Ahead
1980s 0.0% 0.0% 0.0%
1990s 0.0% 0.0% 0.0%
2000s 0.0% 3.3% 3.3% Iceland
2010s 5.4% 52.1% 46.7% Iceland
2020s 40.2% 48.3% 8.1% Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of co₂ emissions covered by a carbon price, China or Iceland?
Iceland, at 49.2% against 46.7% in China as of 2025.
What is the difference in share of co₂ emissions covered by a carbon price between China and Iceland?
2.5%, with Iceland ahead.
How many years of comparable data are there for China and Iceland?
37 years are reported by both, from 1989 to 2025.
How do China and Iceland rank globally for share of co₂ emissions covered by a carbon price?
China ranks 33rd and Iceland ranks 30th of 200 countries.
Where does this data come from?
Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as Share of CO₂ emissions covered by a carbon price. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Share of CO₂ emissions covered by a carbon price
Unit
%
Source
Dolphin and Merkle (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 7,400 data points, 1989–2025
Last refreshed

Carbon dioxide emissions are included in this figure if they are covered by a carbon tax or trading system.