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
39
Highest
59.71 constant 2021 US$ per tonne of CO₂ equivalents
Germany
Lowest
0.1542 constant 2021 US$ per tonne of CO₂ equivalents
Indonesia
Median
31.12 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 39 countries. The highest value is 59.71 constant 2021 US$ per tonne of CO₂ equivalents in Germany; the lowest is 0.1542 constant 2021 US$ per tonne of CO₂ equivalents in Indonesia.
The median across all reporting countries is 31.12 constant 2021 US$ per tonne of CO₂ equivalents, and the mean is 28.73 constant 2021 US$ per tonne of CO₂ equivalents.
The gap between the highest and lowest reporting country is a factor of about 387.
Over the past decade 35 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 | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 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 |
| 11 | Malta | 39.84 constant 2021 US$ per tonne of CO₂ equivalents | 2025 | up 636.1% | 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 |
| 23 | Ireland | 30.22 constant 2021 US$ per tonne of CO₂ equivalents | 2025 | up 635.4% | 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 |
| 32 | Luxembourg | 11.35 constant 2021 US$ per tonne of CO₂ equivalents | 2025 | up 547.3% | 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 |
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.