Share of CO₂ emissions covered by a carbon price in Iceland
Iceland: Share of CO₂ emissions covered by a carbon price was 49.2% in 2025. ◆ Volatile
Share of CO₂ emissions covered by a carbon price in Iceland, 1989–2025
Source: Dolphin and Merkle (2024) – with minor processing by Our World in Data. Measured in %.
Analysis
Iceland recorded 49.2% for share of co₂ emissions covered by a carbon price in 2025.
That represents a change of down 10.4% over ten years.
Over the whole period, share of co₂ emissions covered by a carbon price in Iceland peaked at 55.8% in 2014 and was at its lowest, 0.0%, in 1989.
That places Iceland 30th out of 200 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.0% | 1 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 3.3% | 0.0% | 17.8% | 10 |
| 2010s | 52.1% | 49.3% | 55.8% | 10 |
| 2020s | 48.3% | 46.3% | 49.2% | 6 |
Countries ranked near Iceland
More climate change data for Iceland
- Share of global CO₂ emissions and population 0.0% (2100)
- Population growth 1.5% (2025)
- Population, total 392,404 (2025)
- Urban population growth 1.6% (2025)
- Urban population 369,715 (2025)
- Urban population 94.2% (2025)
- CO₂ emissions per capita vs. GDP per capita 9.67 tonnes per person (2024)
- Cumulative CO₂ emissions 171.69 million tonnes (2024)
- CO₂ emissions per capita 9.67 tonnes per person (2024)
- CO₂ emissions per capita vs. share of electricity generation from renewables 9.67 tonnes per person (2024)
Frequently asked questions
- What is share of co₂ emissions covered by a carbon price in Iceland?
- Share of co₂ emissions covered by a carbon price in Iceland was 49.2% in 2025, according to Dolphin and Merkle (2024) – with minor processing by Our World in Data.
- What is the highest share of co₂ emissions covered by a carbon price recorded in Iceland?
- The highest recorded value was 55.8% in 2014.
- What is the lowest share of co₂ emissions covered by a carbon price recorded in Iceland?
- The lowest recorded value was 0.0% in 1989.
- How does Iceland rank for share of co₂ emissions covered by a carbon price?
- Iceland ranks 30th out of 200 countries with data for 2025.
- Is share of co₂ emissions covered by a carbon price rising or falling in Iceland?
- Over the last ten years it is down 10.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as part of Share of CO₂ emissions covered by a carbon price. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Carbon dioxide emissions are included in this figure if they are covered by a carbon tax or trading system.