Iceland vs Small states: Energy use (kg of oil equivalent) per $1,000 GDP

Iceland
234.45 constant 2021 PPP
in 2024
Small states
137.1 constant 2021 PPP
in 2007
Iceland rank
5th
Small states rank
3rd

Energy use (kg of oil equivalent) per $1,000 GDP over time

  • Iceland
  • Small states
0100200300199020072024

How they compare

Iceland currently reports 234.45 constant 2021 PPP against 137.1 constant 2021 PPP in Small states, a difference of 97.35 constant 2021 PPP.

That makes Iceland's figure about 1.7 times Small states's.

Across all 5 years both countries report, Iceland has been ahead every year.

Iceland ranks 5th and Small states ranks 3rd of 168 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Small states Difference Ahead
1990s 210.18 constant 2021 PPP 162.62 constant 2021 PPP 47.56 constant 2021 PPP Iceland
2000s 209.24 constant 2021 PPP 131.68 constant 2021 PPP 77.57 constant 2021 PPP Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher energy use (kg of oil equivalent) per $1,000 gdp, Iceland or Small states?
Iceland, at 234.45 constant 2021 PPP against 137.1 constant 2021 PPP in Small states as of 2024.
What is the difference in energy use (kg of oil equivalent) per $1,000 gdp between Iceland and Small states?
97.35 constant 2021 PPP, with Iceland ahead.
How many years of comparable data are there for Iceland and Small states?
5 years are reported by both, from 1990 to 2007.
How do Iceland and Small states rank globally for energy use (kg of oil equivalent) per $1,000 gdp?
Iceland ranks 5th and Small states ranks 3rd of 168 countries.
Where does this data come from?
IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as Energy use (kg of oil equivalent) per $1,000 GDP (constant 2021 PPP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Small states: Energy use (kg of oil equivalent) per $1,000 GDP. Statizoid, drawing on IEA Energy Statistics Data Browser, International Energy Agency (IEA). Retrieved 14 September 2026, from https://energy.statizoid.com/compare/energy-use-kg-of-oil-equivalent-per-1-000-gdp-constant-2021-ppp/iceland/small-states/

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About this data

Indicator
Energy use (kg of oil equivalent) per $1,000 GDP (constant 2021 PPP)
Unit
constant 2021 PPP
Source
IEA Energy Statistics Data Browser, International Energy Agency (IEA)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 6,438 data points, 1990–2024
Last refreshed

Energy use per PPP GDP is the kilogram of oil equivalent of energy use per constant PPP GDP. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport. PPP GDP is gross domestic product converted to 2021 constant international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States.