Iceland vs United States: Emissions-weighted carbon price in emissions trading systems
Iceland
2.68 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
United States
2.23 constant 2021 US$ per tonne of CO₂ equivalents
in 2025
Iceland rank
35th
United States rank
36th
Emissions-weighted carbon price in emissions trading systems over time
- Iceland
- United States
How they compare
Iceland currently reports 2.68 constant 2021 US$ per tonne of CO₂ equivalents against 2.23 constant 2021 US$ per tonne of CO₂ equivalents in United States, a difference of 0.45 constant 2021 US$ per tonne of CO₂ equivalents.
That makes Iceland's figure about 1.2 times United States's.
The two have swapped places 5 times across 37 shared years of data; in 1989 it was United States ahead.
Iceland ranks 35th and United States ranks 36th of 200 countries.
Iceland has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Iceland | United States | 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 | 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 | 0.9577 constant 2021 US$ per tonne of CO₂ equivalents | 0.0091 constant 2021 US$ per tonne of CO₂ equivalents | 0.9486 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
| 2010s | 1.51 constant 2021 US$ per tonne of CO₂ equivalents | 0.6164 constant 2021 US$ per tonne of CO₂ equivalents | 0.8923 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
| 2020s | 2.11 constant 2021 US$ per tonne of CO₂ equivalents | 1.93 constant 2021 US$ per tonne of CO₂ equivalents | 0.1825 constant 2021 US$ per tonne of CO₂ equivalents | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher emissions-weighted carbon price in emissions trading systems, Iceland or United States?
- Iceland, at 2.68 constant 2021 US$ per tonne of CO₂ equivalents against 2.23 constant 2021 US$ per tonne of CO₂ equivalents in United States as of 2025.
- What is the difference in emissions-weighted carbon price in emissions trading systems between Iceland and United States?
- 0.45 constant 2021 US$ per tonne of CO₂ equivalents, with Iceland ahead.
- How many years of comparable data are there for Iceland and United States?
- 37 years are reported by both, from 1989 to 2025.
- How do Iceland and United States rank globally for emissions-weighted carbon price in emissions trading systems?
- Iceland ranks 35th and United States ranks 36th 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 in emissions trading systems. 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.