Cumulative CO₂ emissions from oil in Iceland

Iceland: Cumulative CO₂ emissions from oil was 138.34 million tonnes in 2024. ◆ Volatile

Latest (2024)
138.34 million tonnes
Change on year
up 2.0%
World rank
125th
of 215 countries
All-time high
138.34 million tonnes
in 2024
All-time low
0 tonnes
in 1936
Years of data
87
1936–2024

Cumulative CO₂ emissions from oil in Iceland, 1936–2024

050.0M100.0M150.0M193619802024

Source: Global Carbon Budget (2025) – with major processing by Our World in Data. Measured in tonnes.

Analysis

In 2024, cumulative co₂ emissions from oil in Iceland stood at 138.34 million tonnes. That is the highest value across all 87 years on record.

That represents a change of up 2.0% on the previous year and up 23.9% over ten years.

Over the whole period, cumulative co₂ emissions from oil in Iceland peaked at 138.34 million tonnes in 2024 and was at its lowest, 0 tonnes, in 1936.

Iceland ranks 125th 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.

Cumulative CO₂ emissions from oil in Iceland, year by year

Annual values for Cumulative CO₂ emissions from oil in Iceland, 1936 to 2024.
Year tonnes Change
1936 0 tonnes
1937 0 tonnes
1940 67,331 tonnes
1941 144,444 tonnes +114.5%
1942 241,412 tonnes +67.1%
1943 344,134 tonnes +42.6%
1944 444,554 tonnes +29.2%
1945 563,965 tonnes +26.9%
1946 744,664 tonnes +32.0%
1947 1.01 million tonnes +35.7%
1948 1.40 million tonnes +38.2%
1949 1.86 million tonnes +33.4%
1950 2.37 million tonnes +27.3%
1951 2.85 million tonnes +20.2%
1952 3.48 million tonnes +22.1%
1953 4.28 million tonnes +23.0%
1954 4.96 million tonnes +15.7%
1955 5.72 million tonnes +15.4%
1956 6.56 million tonnes +14.7%
1957 7.44 million tonnes +13.4%
1958 8.43 million tonnes +13.4%
1959 9.56 million tonnes +13.3%
1960 10.67 million tonnes +11.7%
1961 11.69 million tonnes +9.5%
1962 12.79 million tonnes +9.5%
1963 14.02 million tonnes +9.6%
1964 15.24 million tonnes +8.7%
1965 16.56 million tonnes +8.7%
1966 17.98 million tonnes +8.6%
1967 19.36 million tonnes +7.6%
1968 20.89 million tonnes +7.9%
1969 22.10 million tonnes +5.8%
1970 23.44 million tonnes +6.1%
1971 24.85 million tonnes +6.0%
1972 26.27 million tonnes +5.7%
1973 27.95 million tonnes +6.4%
1974 29.61 million tonnes +6.0%
1975 31.15 million tonnes +5.2%
1976 32.78 million tonnes +5.2%
1977 34.62 million tonnes +5.6%
1978 36.47 million tonnes +5.4%
1979 38.35 million tonnes +5.1%
1980 40.08 million tonnes +4.5%
1981 41.66 million tonnes +3.9%
1982 43.08 million tonnes +3.4%
1983 44.41 million tonnes +3.1%
1984 45.93 million tonnes +3.4%
1985 47.25 million tonnes +2.9%
1986 48.71 million tonnes +3.1%
1987 50.27 million tonnes +3.2%
1988 51.83 million tonnes +3.1%
1989 53.44 million tonnes +3.1%
1990 55.25 million tonnes +3.4%
1991 56.99 million tonnes +3.1%
1992 58.87 million tonnes +3.3%
1993 60.84 million tonnes +3.3%
1994 62.79 million tonnes +3.2%
1995 64.83 million tonnes +3.3%
1996 66.94 million tonnes +3.3%
1997 69.12 million tonnes +3.3%
1998 71.33 million tonnes +3.2%
1999 73.64 million tonnes +3.2%
2000 75.88 million tonnes +3.0%
2001 78.03 million tonnes +2.8%
2002 80.32 million tonnes +2.9%
2003 82.62 million tonnes +2.9%
2004 85.02 million tonnes +2.9%
2005 87.33 million tonnes +2.7%
2006 89.77 million tonnes +2.8%
2007 92.44 million tonnes +3.0%
2008 95.35 million tonnes +3.1%
2009 98.25 million tonnes +3.0%
2010 101.04 million tonnes +2.8%
2011 103.69 million tonnes +2.6%
2012 106.35 million tonnes +2.6%
2013 109.00 million tonnes +2.5%
2014 111.62 million tonnes +2.4%
2015 114.33 million tonnes +2.4%
2016 117.00 million tonnes +2.3%
2017 119.76 million tonnes +2.4%
2018 122.54 million tonnes +2.3%
2019 125.23 million tonnes +2.2%
2020 127.71 million tonnes +2.0%
2021 130.30 million tonnes +2.0%
2022 132.94 million tonnes +2.0%
2023 135.59 million tonnes +2.0%
2024 138.34 million tonnes +2.0%

Iceland compared with similar countries

  • Iceland's 138.34 million tonnes is below the median for high income countries, which is 681.33 million tonnes, 20% of the median. (74 countries reporting)
  • Iceland's 138.34 million tonnes is below the median for Europe & Central Asia, which is 1.30 billion tonnes, 11% of the median. (52 countries reporting)

Biggest year-on-year movements

Years where Cumulative CO₂ emissions from oil in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1941 +114.5% 67,331 tonnes 144,444 tonnes
1942 +67.1% 144,444 tonnes 241,412 tonnes
1943 +42.6% 241,412 tonnes 344,134 tonnes
1948 +38.2% 1.01 million tonnes 1.40 million tonnes
1947 +35.7% 744,664 tonnes 1.01 million tonnes
1949 +33.4% 1.40 million tonnes 1.86 million tonnes

Averages by decade

DecadeAverage LowestHighest Years
1930s 0 tonnes 0 tonnes 0 tonnes 2
1940s 681,937 tonnes 67,331 tonnes 1.86 million tonnes 10
1950s 5.56 million tonnes 2.37 million tonnes 9.56 million tonnes 10
1960s 16.13 million tonnes 10.67 million tonnes 22.10 million tonnes 10
1970s 30.55 million tonnes 23.44 million tonnes 38.35 million tonnes 10
1980s 46.67 million tonnes 40.08 million tonnes 53.44 million tonnes 10
1990s 64.06 million tonnes 55.25 million tonnes 73.64 million tonnes 10
2000s 86.50 million tonnes 75.88 million tonnes 98.25 million tonnes 10
2010s 113.06 million tonnes 101.04 million tonnes 125.23 million tonnes 10
2020s 132.98 million tonnes 127.71 million tonnes 138.34 million tonnes 5

Countries ranked near Iceland

  1. 122 Cambodia 159.03 million tonnes compare
  2. 123 Democratic Republic of Congo 154.41 million tonnes compare
  3. 124 Afghanistan 150.72 million tonnes compare
  4. 126 Zambia 136.85 million tonnes compare
  5. 127 Mongolia 133.55 million tonnes compare
  6. 128 Nepal 126.98 million tonnes compare

See the full ranking of 215 places →

More climate change data for Iceland

All data for Iceland →

Frequently asked questions

What is cumulative co₂ emissions from oil in Iceland?
Cumulative co₂ emissions from oil in Iceland was 138.34 million tonnes in 2024, according to Global Carbon Budget (2025) – with major processing by Our World in Data.
What is the highest cumulative co₂ emissions from oil recorded in Iceland?
The highest recorded value was 138.34 million tonnes in 2024.
What is the lowest cumulative co₂ emissions from oil recorded in Iceland?
The lowest recorded value was 0 tonnes in 1936.
How does Iceland rank for cumulative co₂ emissions from oil?
Iceland ranks 125th out of 215 countries with data for 2024.
Is cumulative co₂ emissions from oil rising or falling in Iceland?
Over the last ten years it is up 23.9%. 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 Cumulative CO₂ emissions from oil. Statizoid updates them automatically from the source API.

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Cumulative CO₂ emissions from oil in Iceland. Statizoid, drawing on Global Carbon Budget (2025) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://climate.statizoid.com/stat/cumulative-co2-oil/iceland/

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About this data

Indicator
Cumulative CO₂ emissions from oil
Unit
tonnes
Source
Global Carbon Budget (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 21,740 data points, 1750–2024
Last refreshed

Cumulative emissions of carbon dioxide (CO₂) from oil since the first year of available data, measured in tonnes.