Emissions-weighted carbon price in emissions trading systems in Spain
Spain: Emissions-weighted carbon price in emissions trading systems was 38.54 constant 2021 US$ per tonne of CO₂ equivalents in 2025. ◆ Volatile
Latest (2025)
38.54 constant 2021 US$ per tonne of CO₂ equivalents
Change on year
up 11.5%
World rank
12th
of 200 countries
All-time high
44.51 constant 2021 US$ per tonne of CO₂ equivalents
in 2022
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 Spain, 1989–2025
Source: Dolphin and Merkle (2024) – with minor processing by Our World in Data. Measured in constant 2021 US$ per tonne of CO₂ equivalents.
Analysis
Spain recorded 38.54 constant 2021 US$ per tonne of CO₂ equivalents for emissions-weighted carbon price in emissions trading systems in 2025.
That represents a change of up 11.5% on the previous year and up 600.8% over ten years.
Over the whole period, emissions-weighted carbon price in emissions trading systems in Spain peaked at 44.51 constant 2021 US$ per tonne of CO₂ equivalents in 2022 and was at its lowest, 0 constant 2021 US$ per tonne of CO₂ equivalents, in 1989.
That places Spain 12th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Emissions-weighted carbon price in emissions trading systems in Spain, year by year
| Year | constant 2021 US$ per tonne of CO₂ equivalents | Change |
|---|---|---|
| 1989 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1990 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1991 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1992 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1993 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1994 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1995 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1996 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1997 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1998 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 1999 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2000 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2001 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2002 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2003 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2004 | 0 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2005 | 16.28 constant 2021 US$ per tonne of CO₂ equivalents | — |
| 2006 | 12.82 constant 2021 US$ per tonne of CO₂ equivalents | -21.3% |
| 2007 | 0.4822 constant 2021 US$ per tonne of CO₂ equivalents | -96.2% |
| 2008 | 11.99 constant 2021 US$ per tonne of CO₂ equivalents | +2386.3% |
| 2009 | 8.66 constant 2021 US$ per tonne of CO₂ equivalents | -27.7% |
| 2010 | 9.01 constant 2021 US$ per tonne of CO₂ equivalents | +4.0% |
| 2011 | 8.55 constant 2021 US$ per tonne of CO₂ equivalents | -5.1% |
| 2012 | 5.39 constant 2021 US$ per tonne of CO₂ equivalents | -37.0% |
| 2013 | 3.06 constant 2021 US$ per tonne of CO₂ equivalents | -43.3% |
| 2014 | 4.15 constant 2021 US$ per tonne of CO₂ equivalents | +35.7% |
| 2015 | 5.5 constant 2021 US$ per tonne of CO₂ equivalents | +32.6% |
| 2016 | 3.65 constant 2021 US$ per tonne of CO₂ equivalents | -33.6% |
| 2017 | 4.03 constant 2021 US$ per tonne of CO₂ equivalents | +10.4% |
| 2018 | 10.39 constant 2021 US$ per tonne of CO₂ equivalents | +157.9% |
| 2019 | 15.36 constant 2021 US$ per tonne of CO₂ equivalents | +47.9% |
| 2020 | 14.59 constant 2021 US$ per tonne of CO₂ equivalents | -5.0% |
| 2021 | 30.31 constant 2021 US$ per tonne of CO₂ equivalents | +107.7% |
| 2022 | 44.51 constant 2021 US$ per tonne of CO₂ equivalents | +46.9% |
| 2023 | 43.39 constant 2021 US$ per tonne of CO₂ equivalents | -2.5% |
| 2024 | 34.55 constant 2021 US$ per tonne of CO₂ equivalents | -20.4% |
| 2025 | 38.54 constant 2021 US$ per tonne of CO₂ equivalents | +11.5% |
Spain compared with similar countries
- Spain's 38.54 constant 2021 US$ per tonne of CO₂ equivalents is above the median for high income countries, which is 2.68 constant 2021 US$ per tonne of CO₂ equivalents, 14.4× the median. (67 countries reporting)
- Spain's 38.54 constant 2021 US$ per tonne of CO₂ equivalents is above the median for Europe & Central Asia, which is 18.44 constant 2021 US$ per tonne of CO₂ equivalents, 2.1× the median. (52 countries reporting)
Biggest year-on-year movements
Years where Emissions-weighted carbon price in emissions trading systems in Spain 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.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +2386.3% | 0.4822 constant 2021 US$ per tonne of CO₂ equivalents | 11.99 constant 2021 US$ per tonne of CO₂ equivalents |
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 5.02 constant 2021 US$ per tonne of CO₂ equivalents | 0 constant 2021 US$ per tonne of CO₂ equivalents | 16.28 constant 2021 US$ per tonne of CO₂ equivalents | 10 |
| 2010s | 6.91 constant 2021 US$ per tonne of CO₂ equivalents | 3.06 constant 2021 US$ per tonne of CO₂ equivalents | 15.36 constant 2021 US$ per tonne of CO₂ equivalents | 10 |
| 2020s | 34.32 constant 2021 US$ per tonne of CO₂ equivalents | 14.59 constant 2021 US$ per tonne of CO₂ equivalents | 44.51 constant 2021 US$ per tonne of CO₂ equivalents | 6 |
Countries ranked near Spain
- 9 Netherlands 40.76 constant 2021 US$ per tonne of CO₂ equivalents compare
- 10 Slovakia 39.98 constant 2021 US$ per tonne of CO₂ equivalents compare
- 11 Malta 39.84 constant 2021 US$ per tonne of CO₂ equivalents compare
- 13 Denmark 37.2 constant 2021 US$ per tonne of CO₂ equivalents compare
- 14 Poland 35.64 constant 2021 US$ per tonne of CO₂ equivalents compare
- 15 Sweden 35.35 constant 2021 US$ per tonne of CO₂ equivalents compare
More climate change data for Spain
- Nutrient nitrogen N (total) — Synthetic fertilizers (Agricultural) 944.68 million kg (2050)
- Emissions from livestock — Emissions (CO2eq) 31,851 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from N2O 7,475 kt (2050)
- Emissions from livestock — Emissions (CO2eq) from CH4 24,376 kt (2050)
- Emissions from livestock — Emissions 28.21 kt (2050)
- Emissions from livestock — Emissions 870.55 kt (2050)
- Emissions from crops — Emissions (CO2eq) 8,160 kt (2050)
- Emissions from crops — Emissions (CO2eq) from N2O 6,530 kt (2050)
- Emissions from crops — Emissions (CO2eq) from CH4 1,630 kt (2050)
- Emissions from crops — Emissions 24.64 kt (2050)
Frequently asked questions
- What is emissions-weighted carbon price in emissions trading systems in Spain?
- Emissions-weighted carbon price in emissions trading systems in Spain was 38.54 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 Spain?
- The highest recorded value was 44.51 constant 2021 US$ per tonne of CO₂ equivalents in 2022.
- What is the lowest emissions-weighted carbon price in emissions trading systems recorded in Spain?
- The lowest recorded value was 0 constant 2021 US$ per tonne of CO₂ equivalents in 1989.
- How does Spain rank for emissions-weighted carbon price in emissions trading systems?
- Spain ranks 12th out of 200 countries with data for 2025.
- Is emissions-weighted carbon price in emissions trading systems rising or falling in Spain?
- Over the last ten years it is up 600.8%. The long-run trend across the full record is volatile.
- Where does this Spain 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.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).
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.