Denmark vs Iceland: Emissions-weighted carbon price from carbon taxes
Denmark
27.51 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Iceland
25.62 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Denmark rank
10th
Iceland rank
11th
Emissions-weighted carbon price from carbon taxes over time
- Denmark
- Iceland
How they compare
Denmark currently reports 27.51 constant 2021 US$ per tonne of CO₂ equivalents against 25.62 constant 2021 US$ per tonne of CO₂ equivalents in Iceland, a difference of 1.89 constant 2021 US$ per tonne of CO₂ equivalents.
That makes Denmark's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 37 shared years of data; in 1989 it was Iceland ahead.
Denmark ranks 10th and Iceland ranks 11th of 200 countries.
Denmark has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Denmark | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 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 | — |
| 1990s | 7.6 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 7.6 constant 2021 US$ per tonne of CO₂ equivalents | Denmark |
| 2000s | 9.56 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 9.56 constant 2021 US$ per tonne of CO₂ equivalents | Denmark |
| 2010s | 15.21 constant 2021 US$ per tonne of CO₂ equivalents | 7.26 constant 2021 US$ per tonne of CO₂ equivalents | 7.96 constant 2021 US$ per tonne of CO₂ equivalents | Denmark |
| 2020s | 19.82 constant 2021 US$ per tonne of CO₂ equivalents | 17.68 constant 2021 US$ per tonne of CO₂ equivalents | 2.14 constant 2021 US$ per tonne of CO₂ equivalents | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher emissions-weighted carbon price from carbon taxes, Denmark or Iceland?
- Denmark, at 27.51 constant 2021 US$ per tonne of CO₂ equivalents against 25.62 constant 2021 US$ per tonne of CO₂ equivalents in Iceland as of 2025.
- What is the difference in emissions-weighted carbon price from carbon taxes between Denmark and Iceland?
- 1.89 constant 2021 US$ per tonne of CO₂ equivalents, with Denmark ahead.
- How many years of comparable data are there for Denmark and Iceland?
- 37 years are reported by both, from 1989 to 2025.
- How do Denmark and Iceland rank globally for emissions-weighted carbon price from carbon taxes?
- Denmark ranks 10th and Iceland ranks 11th of 200 countries.
- Where does this data come from?
- Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as Emissions-weighted carbon price from carbon taxes. 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.