Electricity generation in Iceland
Iceland: Electricity generation was 19.05 terawatt-hours in 2024. ◆ Volatile
Electricity generation in Iceland, 1985–2024
Source: Ember (2026) and other sources – with major processing by Our World in Data. Measured in terawatt-hours.
Analysis
Iceland recorded 19.05 terawatt-hours for electricity generation 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 generation in Iceland peaked at 19.87 terawatt-hours in 2022 and was at its lowest, 3.84 terawatt-hours, in 1985.
That places Iceland 88th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Electricity generation in Iceland, year by year
| Year | terawatt-hours | Change |
|---|---|---|
| 1985 | 3.84 terawatt-hours | — |
| 1986 | 4.06 terawatt-hours | +5.7% |
| 1987 | 4.15 terawatt-hours | +2.3% |
| 1988 | 4.42 terawatt-hours | +6.4% |
| 1989 | 4.48 terawatt-hours | +1.3% |
| 1990 | 4.45 terawatt-hours | -0.6% |
| 1991 | 4.43 terawatt-hours | -0.5% |
| 1992 | 4.54 terawatt-hours | +2.6% |
| 1993 | 4.72 terawatt-hours | +4.0% |
| 1994 | 4.77 terawatt-hours | +1.1% |
| 1995 | 4.98 terawatt-hours | +4.3% |
| 1996 | 5.11 terawatt-hours | +2.7% |
| 1997 | 5.58 terawatt-hours | +9.2% |
| 1998 | 6.27 terawatt-hours | +12.5% |
| 1999 | 7.18 terawatt-hours | +14.5% |
| 2000 | 7.61 terawatt-hours | +5.9% |
| 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 30.95 terawatt-hours, 62% of the median. (75 countries reporting)
- Iceland's 19.05 terawatt-hours is below the median for Europe & Central Asia, which is 36.62 terawatt-hours, 52% of the median. (51 countries reporting)
Biggest year-on-year movements
Years where Electricity generation 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 |
|---|---|---|---|---|
| 1980s | 4.19 terawatt-hours | 3.84 terawatt-hours | 4.48 terawatt-hours | 5 |
| 1990s | 5.2 terawatt-hours | 4.43 terawatt-hours | 7.18 terawatt-hours | 10 |
| 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
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 generation in Iceland?
- Electricity generation in Iceland was 19.05 terawatt-hours in 2024, according to Ember (2026) and other sources – with major processing by Our World in Data.
- What is the highest electricity generation recorded in Iceland?
- The highest recorded value was 19.87 terawatt-hours in 2022.
- What is the lowest electricity generation recorded in Iceland?
- The lowest recorded value was 3.84 terawatt-hours in 1985.
- How does Iceland rank for electricity generation?
- Iceland ranks 88th out of 214 countries with data for 2024.
- Is electricity generation rising or falling in Iceland?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Ember (2026) and other sources – with major processing by Our World in Data, published as part of Electricity generation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total electricity generated in each country or region, measured in terawatt-hours.