Emissions-weighted carbon price in emissions trading systems by country

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.

Countries reporting
196
Highest
59.71 constant 2021 US$ per tonne of CO₂ equivalents
Germany
Lowest
0 constant 2021 US$ per tonne of CO₂ equivalents
Vatican
Median
0 constant 2021 US$ per tonne of CO₂ equivalents
Years covered
37
1989–2025
Data points
7,400

What the numbers show

Emissions-weighted carbon price in emissions trading systems is currently reported for 196 countries. The highest value is 59.71 constant 2021 US$ per tonne of CO₂ equivalents in Germany; the lowest is 0 constant 2021 US$ per tonne of CO₂ equivalents in Vatican.

The median across all reporting countries is 0 constant 2021 US$ per tonne of CO₂ equivalents, and the mean is 5.3 constant 2021 US$ per tonne of CO₂ equivalents.

Over the past decade 32 countries rose and 2 fell. The largest increase was in China (up 1,702.2%), and the largest decrease in Kazakhstan (down 41.5%).

Emissions-weighted carbon price in emissions trading systems: full country ranking

#Country LatestYear 10-year changeTrend
1 Germany 59.71 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 1,014.9% volatile
2 Austria 53.95 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 1,170.7% volatile
3 Norway 53.46 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 616.8% volatile
4 Cyprus 47.62 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 708.3% volatile
5 Greece 47.15 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 690.1% volatile
6 Finland 46.49 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 650.9% volatile
7 Bulgaria 46.14 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 449.5% volatile
8 Czechia 44.44 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 545.1% volatile
9 Netherlands 40.76 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 587.5% volatile
10 Slovakia 39.98 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 500.0% volatile
12 Spain 38.54 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 600.8% volatile
13 Denmark 37.2 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 659.3% volatile
14 Poland 35.64 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 515.8% volatile
15 Sweden 35.35 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 709.2% volatile
16 Portugal 34.27 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 508.8% volatile
17 Italy 34.26 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 708.3% volatile
18 Croatia 32.48 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 565.6% volatile
19 Slovenia 31.28 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 549.9% volatile
20 Belgium 31.12 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 671.4% volatile
21 Romania 30.51 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 336.0% volatile
22 New Zealand 30.26 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 562.0% volatile
24 France 28 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 791.3% volatile
25 Estonia 26.78 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 429.7% volatile
26 Lithuania 25.18 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 429.4% volatile
27 Hungary 23.26 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 363.7% volatile
28 United Kingdom 20.26 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 328.4% volatile
29 Latvia 16.61 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 400.1% volatile
30 Australia 15.99 constant 2021 US$ per tonne of CO₂ equivalents 2025 volatile
31 Switzerland 13.47 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 586.0% volatile
33 South Korea 6.39 constant 2021 US$ per tonne of CO₂ equivalents 2025 down 4.4% volatile
34 China 4.72 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 1,702.2% volatile
35 Iceland 2.68 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 73.4% volatile
36 United States 2.23 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 133.0% volatile
37 Canada 2.01 constant 2021 US$ per tonne of CO₂ equivalents 2025 up 110.7% volatile
38 Kazakhstan 0.5616 constant 2021 US$ per tonne of CO₂ equivalents 2025 down 41.5% volatile
39 Indonesia 0.1542 constant 2021 US$ per tonne of CO₂ equivalents 2025 volatile
40 Afghanistan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Angola 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Albania 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Andorra 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 United Arab Emirates 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Argentina 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Armenia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Antigua and Barbuda 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Azerbaijan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Burundi 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Benin 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Burkina Faso 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bangladesh 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bahrain 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bahamas 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bosnia and Herzegovina 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Belarus 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Belize 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bolivia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Brazil 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Barbados 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Brunei 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Bhutan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Botswana 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Central African Republic 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Chile 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Cote d'Ivoire 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Cameroon 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Democratic Republic of Congo 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Congo 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Colombia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Comoros 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Cape Verde 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Costa Rica 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Cuba 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Djibouti 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Dominica 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Dominican Republic 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Algeria 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Ecuador 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Egypt 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Eritrea 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Ethiopia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Fiji 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Micronesia (country) 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Gabon 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Georgia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Ghana 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Guinea 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Gambia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Guinea-Bissau 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Equatorial Guinea 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Grenada 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Guatemala 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Guyana 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Hong Kong 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Honduras 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Haiti 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 India 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Iran 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Iraq 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Israel 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Jamaica 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Jordan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Japan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Kenya 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Kyrgyzstan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Cambodia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Kiribati 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Saint Kitts and Nevis 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Kuwait 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Laos 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Lebanon 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Liberia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Libya 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Saint Lucia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Sri Lanka 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Lesotho 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Macao 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Morocco 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Monaco 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Moldova 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Madagascar 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Maldives 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mexico 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Marshall Islands 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 North Macedonia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mali 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Myanmar 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Montenegro 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mongolia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mozambique 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mauritania 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Mauritius 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Malawi 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Malaysia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Namibia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Niger 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Nigeria 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Nicaragua 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Nepal 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Nauru 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Oman 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Pakistan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Panama 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Peru 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Philippines 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Palau 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Papua New Guinea 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Puerto Rico 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 North Korea 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Paraguay 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Palestine 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Qatar 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Russia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Rwanda 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Saudi Arabia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Sudan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Senegal 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Singapore 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Solomon Islands 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Sierra Leone 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 El Salvador 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 San Marino 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Somalia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Serbia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 South Sudan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Sao Tome and Principe 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Suriname 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Eswatini 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Seychelles 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Syria 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Chad 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Togo 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Thailand 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Tajikistan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Turkmenistan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 East Timor 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Tonga 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Trinidad and Tobago 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Tunisia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Turkey 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Tuvalu 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Tanzania 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Uganda 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Ukraine 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Uruguay 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Uzbekistan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Saint Vincent and the Grenadines 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Venezuela 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Vietnam 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Vanuatu 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Samoa 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Yemen 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 South Africa 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Zambia 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Zimbabwe 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Taiwan 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Western Sahara 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat
40 Vatican 0 constant 2021 US$ per tonne of CO₂ equivalents 2025 flat

About this data

Indicator
Emissions-weighted carbon price in emissions trading systems
Unit
constant 2021 US$ per tonne of CO₂ equivalents
Source
Dolphin and Merkle (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
200 places, 7,400 data points, 1989–2025
Last refreshed

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.