Electricity demand in Iceland
Iceland: Electricity demand was 19.05 terawatt-hours in 2024. ▲ Rising
Electricity demand in Iceland, 2000–2024
Source: Ember (2026) – with major processing by Our World in Data. Measured in terawatt-hours.
Analysis
The most recent figure for electricity demand in Iceland is 19.05 terawatt-hours, measured in 2024.
Compared with earlier readings it is down 3.8% on the previous year and up 7.0% over ten years.
Over the whole period, electricity demand in Iceland peaked at 19.87 terawatt-hours in 2022 and was at its lowest, 7.61 terawatt-hours, in 2000.
Iceland ranks 88th of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Electricity demand in Iceland, year by year
| Year | terawatt-hours | Change |
|---|---|---|
| 2000 | 7.61 terawatt-hours | — |
| 2001 | 7.96 terawatt-hours | +4.6% |
| 2002 | 8.35 terawatt-hours | +4.9% |
| 2003 | 8.44 terawatt-hours | +1.1% |
| 2004 | 8.54 terawatt-hours | +1.2% |
| 2005 | 8.61 terawatt-hours | +0.8% |
| 2006 | 9.85 terawatt-hours | +14.4% |
| 2007 | 11.89 terawatt-hours | +20.7% |
| 2008 | 16.34 terawatt-hours | +37.4% |
| 2009 | 16.71 terawatt-hours | +2.3% |
| 2010 | 16.74 terawatt-hours | +0.2% |
| 2011 | 16.85 terawatt-hours | +0.7% |
| 2012 | 17.29 terawatt-hours | +2.6% |
| 2013 | 17.99 terawatt-hours | +4.0% |
| 2014 | 17.8 terawatt-hours | -1.1% |
| 2015 | 18.55 terawatt-hours | +4.2% |
| 2016 | 18.17 terawatt-hours | -2.0% |
| 2017 | 19.07 terawatt-hours | +5.0% |
| 2018 | 19.69 terawatt-hours | +3.3% |
| 2019 | 19.36 terawatt-hours | -1.7% |
| 2020 | 18.89 terawatt-hours | -2.4% |
| 2021 | 19.39 terawatt-hours | +2.6% |
| 2022 | 19.87 terawatt-hours | +2.5% |
| 2023 | 19.81 terawatt-hours | -0.3% |
| 2024 | 19.05 terawatt-hours | -3.8% |
Iceland compared with similar countries
- Iceland's 19.05 terawatt-hours is below the median for high income countries, which is 36.53 terawatt-hours, 52% of the median. (75 countries reporting)
- Iceland's 19.05 terawatt-hours is below the median for Europe & Central Asia, which is 37.64 terawatt-hours, 51% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Electricity demand in Iceland 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 | +37.4% | 11.89 terawatt-hours | 16.34 terawatt-hours |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.43 terawatt-hours | 7.61 terawatt-hours | 16.71 terawatt-hours | 10 |
| 2010s | 18.15 terawatt-hours | 16.74 terawatt-hours | 19.69 terawatt-hours | 10 |
| 2020s | 19.4 terawatt-hours | 18.89 terawatt-hours | 19.87 terawatt-hours | 5 |
Countries ranked near Iceland
- 85 Tajikistan 19.47 terawatt-hours compare
- 86 Cuba 19.43 terawatt-hours compare
- 87 Kyrgyzstan 19.31 terawatt-hours compare
- 89 Democratic Republic of Congo 17.36 terawatt-hours compare
- 90 Sri Lanka 17.25 terawatt-hours compare
- 91 Zambia 16.6 terawatt-hours compare
More energy & mining data for Iceland
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate -4.9 % change on previous year (2025)
- Coal consumption, per capita 0 terawatt-hours per person (2025)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0002 terawatt-hours per person (2025)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fuel imports 9.0% (2025)
Frequently asked questions
- What is electricity demand in Iceland?
- Electricity demand in Iceland was 19.05 terawatt-hours in 2024, according to Ember (2026) – with major processing by Our World in Data.
- What is the highest electricity demand recorded in Iceland?
- The highest recorded value was 19.87 terawatt-hours in 2022.
- What is the lowest electricity demand recorded in Iceland?
- The lowest recorded value was 7.61 terawatt-hours in 2000.
- How does Iceland rank for electricity demand?
- Iceland ranks 88th out of 214 countries with data for 2024.
- Is electricity demand rising or falling in Iceland?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Ember (2026) – with major processing by Our World in Data, published as part of Electricity demand. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Measured in terawatt-hours.