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Emissions-weighted carbon price in emissions trading systems in China

China: Emissions-weighted carbon price in emissions trading systems was 4.72 constant 2021 US$ per tonne of CO₂ equivalents in 2025. ◆ Volatile

Latest (2025)
4.72 constant 2021 US$ per tonne of CO₂ equivalents
Change on year
down 22.0%
World rank
34th
of 200 countries
All-time high
6.05 constant 2021 US$ per tonne of CO₂ equivalents
in 2024
All-time low
0 constant 2021 US$ per tonne of CO₂ equivalents
in 1989
Years of data
37
1989–2025

Emissions-weighted carbon price in emissions trading systems in China, 1989–2025

02461989200720251989: 0 constant 2021 US$ per tonne of CO₂ equivalents1990: 0 constant 2021 US$ per tonne of CO₂ equivalents1991: 0 constant 2021 US$ per tonne of CO₂ equivalents1992: 0 constant 2021 US$ per tonne of CO₂ equivalents1993: 0 constant 2021 US$ per tonne of CO₂ equivalents1994: 0 constant 2021 US$ per tonne of CO₂ equivalents1995: 0 constant 2021 US$ per tonne of CO₂ equivalents1996: 0 constant 2021 US$ per tonne of CO₂ equivalents1997: 0 constant 2021 US$ per tonne of CO₂ equivalents1998: 0 constant 2021 US$ per tonne of CO₂ equivalents1999: 0 constant 2021 US$ per tonne of CO₂ equivalents2000: 0 constant 2021 US$ per tonne of CO₂ equivalents2001: 0 constant 2021 US$ per tonne of CO₂ equivalents2002: 0 constant 2021 US$ per tonne of CO₂ equivalents2003: 0 constant 2021 US$ per tonne of CO₂ equivalents2004: 0 constant 2021 US$ per tonne of CO₂ equivalents2005: 0 constant 2021 US$ per tonne of CO₂ equivalents2006: 0 constant 2021 US$ per tonne of CO₂ equivalents2007: 0 constant 2021 US$ per tonne of CO₂ equivalents2008: 0 constant 2021 US$ per tonne of CO₂ equivalents2009: 0 constant 2021 US$ per tonne of CO₂ equivalents2010: 0 constant 2021 US$ per tonne of CO₂ equivalents2011: 0 constant 2021 US$ per tonne of CO₂ equivalents2012: 0 constant 2021 US$ per tonne of CO₂ equivalents2013: 0.425 constant 2021 US$ per tonne of CO₂ equivalents2014: 0.474 constant 2021 US$ per tonne of CO₂ equivalents2015: 0.262 constant 2021 US$ per tonne of CO₂ equivalents2016: 0.269 constant 2021 US$ per tonne of CO₂ equivalents2017: 0.266 constant 2021 US$ per tonne of CO₂ equivalents2018: 0.27 constant 2021 US$ per tonne of CO₂ equivalents2019: 0.343 constant 2021 US$ per tonne of CO₂ equivalents2020: 0.387 constant 2021 US$ per tonne of CO₂ equivalents2021: 3 constant 2021 US$ per tonne of CO₂ equivalents2022: 3.8 constant 2021 US$ per tonne of CO₂ equivalents2023: 4.2 constant 2021 US$ per tonne of CO₂ equivalents2024: 6 constant 2021 US$ per tonne of CO₂ equivalents2025: 4.7 constant 2021 US$ per tonne of CO₂ equivalents

Source: Dolphin and Merkle (2024) – with minor processing by Our World in Data. Measured in constant 2021 US$ per tonne of CO₂ equivalents.

Analysis

The most recent figure for emissions-weighted carbon price in emissions trading systems in China is 4.72 constant 2021 US$ per tonne of CO₂ equivalents, measured in 2025.

That represents a change of down 22.0% on the previous year and up 1,702.2% over ten years.

Over the whole period, emissions-weighted carbon price in emissions trading systems in China peaked at 6.05 constant 2021 US$ per tonne of CO₂ equivalents in 2024 and was at its lowest, 0 constant 2021 US$ per tonne of CO₂ equivalents, in 1989.

China ranks 34th of 200 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 1
1990s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 10
2000s 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 10
2010s 0.2308 constant 2021 US$ per tonne of CO₂ equivalents 0 constant 2021 US$ per tonne of CO₂ equivalents 0.474 constant 2021 US$ per tonne of CO₂ equivalents 10
2020s 3.7 constant 2021 US$ per tonne of CO₂ equivalents 0.3871 constant 2021 US$ per tonne of CO₂ equivalents 6.05 constant 2021 US$ per tonne of CO₂ equivalents 6

Countries ranked near China

  1. 31 Switzerland 13.47 constant 2021 US$ per tonne of CO₂ equivalents compare
  2. 33 South Korea 6.39 constant 2021 US$ per tonne of CO₂ equivalents compare
  3. 35 Iceland 2.68 constant 2021 US$ per tonne of CO₂ equivalents compare
  4. 36 United States 2.23 constant 2021 US$ per tonne of CO₂ equivalents compare
  5. 37 Canada 2.01 constant 2021 US$ per tonne of CO₂ equivalents compare

See the full ranking of 200 places →

More climate change data for China

All data for China →

Frequently asked questions

What is emissions-weighted carbon price in emissions trading systems in China?
Emissions-weighted carbon price in emissions trading systems in China was 4.72 constant 2021 US$ per tonne of CO₂ equivalents in 2025, according to Dolphin and Merkle (2024) – with minor processing by Our World in Data.
What is the highest emissions-weighted carbon price in emissions trading systems recorded in China?
The highest recorded value was 6.05 constant 2021 US$ per tonne of CO₂ equivalents in 2024.
What is the lowest emissions-weighted carbon price in emissions trading systems recorded in China?
The lowest recorded value was 0 constant 2021 US$ per tonne of CO₂ equivalents in 1989.
How does China rank for emissions-weighted carbon price in emissions trading systems?
China ranks 34th out of 200 countries with data for 2025.
Is emissions-weighted carbon price in emissions trading systems rising or falling in China?
Over the last ten years it is up 1,702.2%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Dolphin and Merkle (2024) – with minor processing by Our World in Data, published as part of Emissions-weighted carbon price in emissions trading systems. Statizoid updates them automatically from the source API.

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CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.