Weighted carbon price ets in Iceland
Iceland: Weighted carbon price ets was 2.68 in 2025. ◆ Volatile
Latest (2025)
2.68
Change on year
up 11.5%
World rank
35th
of 200 countries
All-time high
6.1
in 2008
All-time low
0
in 1989
Years of data
37
1989–2025
Weighted carbon price ets in Iceland, 1989–2025
Source: Our World in Data.
Analysis
The most recent figure for weighted carbon price ets in Iceland is 2.68, measured in 2025.
The figure is up 11.5% on the previous year and up 73.4% over ten years.
Over the whole period, weighted carbon price ets in Iceland peaked at 6.1 in 2008 and was at its lowest, 0, in 1989.
That places Iceland 35th 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.
Weighted carbon price ets in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0 | — |
| 1993 | 0 | — |
| 1994 | 0 | — |
| 1995 | 0 | — |
| 1996 | 0 | — |
| 1997 | 0 | — |
| 1998 | 0 | — |
| 1999 | 0 | — |
| 2000 | 0 | — |
| 2001 | 0 | — |
| 2002 | 0 | — |
| 2003 | 0 | — |
| 2004 | 0 | — |
| 2005 | 0 | — |
| 2006 | 0 | — |
| 2007 | 0 | — |
| 2008 | 6.1 | — |
| 2009 | 3.48 | -42.9% |
| 2010 | 3.56 | +2.3% |
| 2011 | 3.09 | -13.3% |
| 2012 | 1.82 | -41.1% |
| 2013 | 1.01 | -44.3% |
| 2014 | 1.39 | +36.9% |
| 2015 | 1.54 | +11.4% |
| 2016 | 0.3763 | -75.6% |
| 2017 | 0.3665 | -2.6% |
| 2018 | 0.8105 | +121.2% |
| 2019 | 1.13 | +39.1% |
| 2020 | 0.7401 | -34.3% |
| 2021 | 1.86 | +150.8% |
| 2022 | 2.53 | +36.4% |
| 2023 | 2.48 | -2.0% |
| 2024 | 2.4 | -3.2% |
| 2025 | 2.68 | +11.5% |
Iceland compared with similar countries
- Iceland's 2.68 is above the median for high income countries, which is 2.68, 1.0× the median. (67 countries reporting)
- Iceland's 2.68 is below the median for Europe & Central Asia, which is 18.44, 15% of the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 1 |
| 1990s | 0 | 0 | 0 | 10 |
| 2000s | 0.9577 | 0 | 6.1 | 10 |
| 2010s | 1.51 | 0.3665 | 3.56 | 10 |
| 2020s | 2.11 | 0.7401 | 2.68 | 6 |
Countries ranked near Iceland
- 32 Luxembourg 11.35 compare
- 33 South Korea 6.39 compare
- 34 China 4.72 compare
- 36 United States 2.23 compare
- 37 Canada 2.01 compare
- 38 Kazakhstan 0.5616 compare
More climate change data for Iceland
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 16.80 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 462.45 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 110.24 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 352.21 kt (2050)
- Emissions from livestock — Emissions 0.416 kt (2050)
- Emissions from livestock — Emissions 12.58 kt (2050)
- Emissions from crops — Emissions (CO2eq) 92.86 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 92.86 kt (2050)
- Emissions from crops — Emissions 0.3504 kt (2050)
- Synthetic Fertilizers — Emissions (CO2eq) 92.72 kt (2050)
Frequently asked questions
- What is weighted carbon price ets in Iceland?
- Weighted carbon price ets in Iceland was 2.68 in 2025, according to Our World in Data.
- What is the highest weighted carbon price ets recorded in Iceland?
- The highest recorded value was 6.1 in 2008.
- What is the lowest weighted carbon price ets recorded in Iceland?
- The lowest recorded value was 0 in 1989.
- How does Iceland rank for weighted carbon price ets?
- Iceland ranks 35th out of 200 countries with data for 2025.
- Is weighted carbon price ets rising or falling in Iceland?
- Over the last ten years it is up 73.4%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Weighted carbon price ets. 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).