Denmark vs Luxembourg: Share of CO₂ emissions covered by a carbon price

Denmark
90.2%
in 2025
Luxembourg
94.5%
in 2025
Denmark rank
3rd
Luxembourg rank
1st

Share of CO₂ emissions covered by a carbon price over time

  • Denmark
  • Luxembourg
020406080100198920072025

How they compare

Luxembourg currently reports 94.5% against 90.2% in Denmark, a difference of 4.3%.

The two have swapped places 2 times across 37 shared years of data; in 1989 it was Luxembourg ahead.

Denmark ranks 3rd and Luxembourg ranks 1st of 200 countries.

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

Head to head by decade

Decade Denmark Luxembourg Difference Ahead
1980s 0.0% 0.0% 0.0%
1990s 37.2% 0.0% 37.2% Denmark
2000s 69.6% 12.0% 57.6% Denmark
2010s 90.0% 18.6% 71.4% Denmark
2020s 89.1% 81.6% 7.5% Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of co₂ emissions covered by a carbon price, Denmark or Luxembourg?
Luxembourg, at 94.5% against 90.2% in Denmark as of 2025.
What is the difference in share of co₂ emissions covered by a carbon price between Denmark and Luxembourg?
4.3%, with Luxembourg ahead.
How many years of comparable data are there for Denmark and Luxembourg?
37 years are reported by both, from 1989 to 2025.
How do Denmark and Luxembourg rank globally for share of co₂ emissions covered by a carbon price?
Denmark ranks 3rd and Luxembourg ranks 1st 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.