Annual CO₂ emissions from oil in Iceland
Iceland: Annual CO₂ emissions from oil was 2.75 million tonnes in 2024. ◆ Volatile
Latest (2024)
2.75 million tonnes
Change on year
up 3.7%
World rank
142nd
of 215 countries
All-time high
2.91 million tonnes
in 2008
All-time low
0 tonnes
in 1936
Years of data
87
1936–2024
Annual CO₂ emissions from oil in Iceland, 1936–2024
Source: Global Carbon Budget (2025) – with major processing by Our World in Data. Measured in tonnes.
Analysis
Iceland recorded 2.75 million tonnes for annual co₂ emissions from oil in 2024.
Compared with earlier readings it is up 3.7% on the previous year and up 4.7% over ten years.
Over the whole period, annual co₂ emissions from oil in Iceland peaked at 2.91 million tonnes in 2008 and was at its lowest, 0 tonnes, in 1936.
Iceland ranks 142nd of 215 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual CO₂ emissions from oil in Iceland, year by year
| Year | tonnes | Change |
|---|---|---|
| 1936 | 0 tonnes | — |
| 1937 | 0 tonnes | — |
| 1940 | 67,331 tonnes | — |
| 1941 | 77,113 tonnes | +14.5% |
| 1942 | 96,968 tonnes | +25.7% |
| 1943 | 102,722 tonnes | +5.9% |
| 1944 | 100,420 tonnes | -2.2% |
| 1945 | 119,411 tonnes | +18.9% |
| 1946 | 180,699 tonnes | +51.3% |
| 1947 | 265,870 tonnes | +47.1% |
| 1948 | 385,569 tonnes | +45.0% |
| 1949 | 466,135 tonnes | +20.9% |
| 1950 | 509,296 tonnes | +9.3% |
| 1951 | 479,984 tonnes | -5.8% |
| 1952 | 630,208 tonnes | +31.3% |
| 1953 | 799,219 tonnes | +26.8% |
| 1954 | 674,176 tonnes | -15.6% |
| 1955 | 762,112 tonnes | +13.0% |
| 1956 | 839,056 tonnes | +10.1% |
| 1957 | 879,360 tonnes | +4.8% |
| 1958 | 996,608 tonnes | +13.3% |
| 1959 | 1.12 million tonnes | +12.9% |
| 1960 | 1.12 million tonnes | -0.6% |
| 1961 | 1.01 million tonnes | -9.5% |
| 1962 | 1.11 million tonnes | +9.4% |
| 1963 | 1.23 million tonnes | +10.9% |
| 1964 | 1.22 million tonnes | -0.6% |
| 1965 | 1.32 million tonnes | +8.4% |
| 1966 | 1.42 million tonnes | +7.5% |
| 1967 | 1.37 million tonnes | -3.4% |
| 1968 | 1.53 million tonnes | +11.5% |
| 1969 | 1.21 million tonnes | -20.8% |
| 1970 | 1.34 million tonnes | +10.6% |
| 1971 | 1.41 million tonnes | +5.2% |
| 1972 | 1.41 million tonnes | +0.3% |
| 1973 | 1.68 million tonnes | +18.9% |
| 1974 | 1.66 million tonnes | -1.1% |
| 1975 | 1.54 million tonnes | -7.7% |
| 1976 | 1.63 million tonnes | +6.2% |
| 1977 | 1.84 million tonnes | +12.6% |
| 1978 | 1.86 million tonnes | +1.2% |
| 1979 | 1.87 million tonnes | +0.8% |
| 1980 | 1.74 million tonnes | -7.2% |
| 1981 | 1.58 million tonnes | -9.1% |
| 1982 | 1.42 million tonnes | -10.0% |
| 1983 | 1.32 million tonnes | -6.9% |
| 1984 | 1.52 million tonnes | +15.2% |
| 1985 | 1.32 million tonnes | -13.2% |
| 1986 | 1.46 million tonnes | +10.0% |
| 1987 | 1.56 million tonnes | +7.5% |
| 1988 | 1.55 million tonnes | -0.7% |
| 1989 | 1.61 million tonnes | +3.6% |
| 1990 | 1.82 million tonnes | +13.0% |
| 1991 | 1.73 million tonnes | -4.8% |
| 1992 | 1.89 million tonnes | +8.9% |
| 1993 | 1.97 million tonnes | +4.5% |
| 1994 | 1.94 million tonnes | -1.4% |
| 1995 | 2.05 million tonnes | +5.3% |
| 1996 | 2.11 million tonnes | +3.2% |
| 1997 | 2.18 million tonnes | +3.2% |
| 1998 | 2.21 million tonnes | +1.4% |
| 1999 | 2.30 million tonnes | +4.3% |
| 2000 | 2.24 million tonnes | -2.7% |
| 2001 | 2.16 million tonnes | -3.9% |
| 2002 | 2.29 million tonnes | +6.1% |
| 2003 | 2.30 million tonnes | +0.5% |
| 2004 | 2.40 million tonnes | +4.3% |
| 2005 | 2.31 million tonnes | -3.7% |
| 2006 | 2.44 million tonnes | +5.7% |
| 2007 | 2.67 million tonnes | +9.6% |
| 2008 | 2.91 million tonnes | +8.9% |
| 2009 | 2.90 million tonnes | -0.5% |
| 2010 | 2.79 million tonnes | -3.7% |
| 2011 | 2.65 million tonnes | -4.9% |
| 2012 | 2.66 million tonnes | +0.1% |
| 2013 | 2.64 million tonnes | -0.5% |
| 2014 | 2.63 million tonnes | -0.7% |
| 2015 | 2.71 million tonnes | +3.1% |
| 2016 | 2.67 million tonnes | -1.2% |
| 2017 | 2.76 million tonnes | +3.2% |
| 2018 | 2.78 million tonnes | +0.9% |
| 2019 | 2.69 million tonnes | -3.3% |
| 2020 | 2.48 million tonnes | -7.8% |
| 2021 | 2.59 million tonnes | +4.3% |
| 2022 | 2.64 million tonnes | +2.1% |
| 2023 | 2.65 million tonnes | +0.3% |
| 2024 | 2.75 million tonnes | +3.7% |
Iceland compared with similar countries
- Iceland's 2.75 million tonnes is below the median for high income countries, which is 10.73 million tonnes, 26% of the median. (74 countries reporting)
- Iceland's 2.75 million tonnes is below the median for Europe & Central Asia, which is 14.44 million tonnes, 19% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1930s | 0 tonnes | 0 tonnes | 0 tonnes | 2 |
| 1940s | 186,224 tonnes | 67,331 tonnes | 466,135 tonnes | 10 |
| 1950s | 769,487 tonnes | 479,984 tonnes | 1.12 million tonnes | 10 |
| 1960s | 1.25 million tonnes | 1.01 million tonnes | 1.53 million tonnes | 10 |
| 1970s | 1.62 million tonnes | 1.34 million tonnes | 1.87 million tonnes | 10 |
| 1980s | 1.51 million tonnes | 1.32 million tonnes | 1.74 million tonnes | 10 |
| 1990s | 2.02 million tonnes | 1.73 million tonnes | 2.30 million tonnes | 10 |
| 2000s | 2.46 million tonnes | 2.16 million tonnes | 2.91 million tonnes | 10 |
| 2010s | 2.70 million tonnes | 2.63 million tonnes | 2.79 million tonnes | 10 |
| 2020s | 2.62 million tonnes | 2.48 million tonnes | 2.75 million tonnes | 5 |
Countries ranked near Iceland
More climate change data for Iceland
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 16.80 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 462.45 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 110.24 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 352.21 kt (2050)
- Emissions from livestock — Emissions 0.416 kt (2050)
- Emissions from livestock — Emissions 12.58 kt (2050)
- Emissions from crops — Emissions (CO2eq) 92.86 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 92.86 kt (2050)
- Emissions from crops — Emissions 0.3504 kt (2050)
- Synthetic Fertilizers — Emissions (CO2eq) 92.72 kt (2050)
Frequently asked questions
- What is annual co₂ emissions from oil in Iceland?
- Annual co₂ emissions from oil in Iceland was 2.75 million tonnes in 2024, according to Global Carbon Budget (2025) – with major processing by Our World in Data.
- What is the highest annual co₂ emissions from oil recorded in Iceland?
- The highest recorded value was 2.91 million tonnes in 2008.
- What is the lowest annual co₂ emissions from oil recorded in Iceland?
- The lowest recorded value was 0 tonnes in 1936.
- How does Iceland rank for annual co₂ emissions from oil?
- Iceland ranks 142nd out of 215 countries with data for 2024.
- Is annual co₂ emissions from oil rising or falling in Iceland?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Global Carbon Budget (2025) – with major processing by Our World in Data, published as part of Annual CO₂ emissions from oil. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 87 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual emissions of carbon dioxide (CO₂) from oil, measured in tonnes.