Electricity generation by source in Iceland

Iceland: Electricity generation by source was 5.57 terawatt-hours in 2024. ◆ Volatile

Latest (2024)
5.57 terawatt-hours
Change on year
down 2.3%
World rank
8th
of 214 countries
All-time high
6.02 terawatt-hours
in 2019
All-time low
0 terawatt-hours
in 1968
Years of data
57
1968–2024

Electricity generation by source in Iceland, 1968–2024

0246196819962024

Source: Ember (2026); Pinto et al. (2023); Energy Institute - Statistical Review of World Energy (2026) – with major processing by Our World in Data. Measured in terawatt-hours.

Analysis

Iceland recorded 5.57 terawatt-hours for electricity generation by source in 2024.

That represents a change of down 2.3% on the previous year and up 6.3% over ten years.

Over the whole period, electricity generation by source in Iceland peaked at 6.02 terawatt-hours in 2019 and was at its lowest, 0 terawatt-hours, in 1968.

Iceland ranks 8th of 214 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.001 terawatt-hours 0 terawatt-hours 0.0019 terawatt-hours 2
1970s 0.0193 terawatt-hours 0.0058 terawatt-hours 0.0456 terawatt-hours 10
1980s 0.1793 terawatt-hours 0.0447 terawatt-hours 0.2575 terawatt-hours 10
1990s 0.4085 terawatt-hours 0.2298 terawatt-hours 1.14 terawatt-hours 10
2000s 2.35 terawatt-hours 1.32 terawatt-hours 4.55 terawatt-hours 10
2010s 5.15 terawatt-hours 4.23 terawatt-hours 6.02 terawatt-hours 10
2020s 5.79 terawatt-hours 5.57 terawatt-hours 5.96 terawatt-hours 5

Countries ranked near Iceland

  1. 5 New Zealand 9.44 terawatt-hours compare
  2. 6 Kenya 6.45 terawatt-hours compare
  3. 7 Italy 5.69 terawatt-hours compare
  4. 9 Costa Rica 1.53 terawatt-hours compare
  5. 10 El Salvador 1.34 terawatt-hours compare
  6. 11 Switzerland 1.04 terawatt-hours compare

See the full ranking of 216 places →

More energy & mining data for Iceland

All data for Iceland →

Frequently asked questions

What is electricity generation by source in Iceland?
Electricity generation by source in Iceland was 5.57 terawatt-hours in 2024, according to Ember (2026); Pinto et al. (2023); Energy Institute - Statistical Review of World Energy (2026) – with major processing by Our World in Data.
What is the highest electricity generation by source recorded in Iceland?
The highest recorded value was 6.02 terawatt-hours in 2019.
What is the lowest electricity generation by source recorded in Iceland?
The lowest recorded value was 0 terawatt-hours in 1968.
How does Iceland rank for electricity generation by source?
Iceland ranks 8th out of 214 countries with data for 2024.
Is electricity generation by source rising or falling in Iceland?
Over the last ten years it is up 6.3%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Ember (2026); Pinto et al. (2023); Energy Institute - Statistical Review of World Energy (2026) – with major processing by Our World in Data, published as part of Electricity generation by source. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 57 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Electricity generation by source
Unit
terawatt-hours
Source
Ember (2026); Pinto et al. (2023); Energy Institute - Statistical Review of World Energy (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
216 places, 7,365 data points, 1920–2025
Last refreshed

Measured in terawatt-hours.