Electricity production from oil sources in Iceland

Iceland: Electricity production from oil sources was 0.0% in 2024. ◆ Volatile

Latest (2024)
0.0%
Change on year
up 3.8%
World rank
194th
of 210 countries
All-time high
0.2%
in 1995
All-time low
0.0%
in 2018
Years of data
35
1990–2024

Electricity production from oil sources in Iceland, 1990–2024

00.050.10.150.21990200720241990: 0.133 % of total1991: 0.156 % of total1992: 0.132 % of total1993: 0.106 % of total1994: 0.105 % of total1995: 0.181 % of total1996: 0.098 % of total1997: 0.072 % of total1998: 0.08 % of total1999: 0.07 % of total2000: 0.065 % of total2001: 0.05 % of total2002: 0.071 % of total2003: 0.071 % of total2004: 0.046 % of total2005: 0.058 % of total2006: 0.04 % of total2007: 0.017 % of total2008: 0.012 % of total2009: 0.012 % of total2010: 0.012 % of total2011: 0.012 % of total2012: 0.017 % of total2013: 0.028 % of total2014: 0.017 % of total2015: 0.021 % of total2016: 0.016 % of total2017: 0.01 % of total2018: 0.005 % of total2019: 0.01 % of total2020: 0.016 % of total2021: 0.01 % of total2022: 0.01 % of total2023: 0.02 % of total2024: 0.021 % of total

Source: IEA Energy Statistics Data Browser, International Energy Agency (IEA). Measured in % of total.

Analysis

The most recent figure for electricity production from oil sources in Iceland is 0.0%, measured in 2024.

Compared with earlier readings it is up 3.8% on the previous year and up 23.9% over ten years.

Over the whole period, electricity production from oil sources in Iceland peaked at 0.2% in 1995 and was at its lowest, 0.0%, in 2018.

Iceland ranks 194th of 210 countries on this measure, in the bottom quarter.

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

Electricity production from oil sources in Iceland, year by year

Annual values for Electricity production from oil sources (% of total) in Iceland, 1990 to 2024.
Year % of total Change
1990 0.1%
1991 0.2% +17.1%
1992 0.1% -15.3%
1993 0.1% -19.9%
1994 0.1% -1.1%
1995 0.2% +72.7%
1996 0.1% -46.0%
1997 0.1% -26.6%
1998 0.1% +11.2%
1999 0.1% -12.6%
2000 0.1% -6.5%
2001 0.0% -23.5%
2002 0.1% +43.2%
2003 0.1% -1.0%
2004 0.0% -34.3%
2005 0.1% +24.1%
2006 0.0% -30.0%
2007 0.0% -58.5%
2008 0.0% -27.3%
2009 0.0% -2.2%
2010 0.0% -1.3%
2011 0.0% -0.9%
2012 0.0% +47.1%
2013 0.0% +61.5%
2014 0.0% -40.0%
2015 0.0% +28.5%
2016 0.0% -24.0%
2017 0.0% -35.7%
2018 0.0% -51.5%
2019 0.0% +103.5%
2020 0.0% +52.8%
2021 0.0% -35.0%
2022 0.0% -2.5%
2023 0.0% +98.8%
2024 0.0% +3.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1% 0.1% 0.2% 10
2000s 0.0% 0.0% 0.1% 10
2010s 0.0% 0.0% 0.0% 10
2020s 0.0% 0.0% 0.0% 5

Countries ranked near Iceland

  1. 191 Zambia 0.0% compare
  2. 192 Norway 0.0% compare
  3. 193 Switzerland 0.0% compare
  4. 195 Ethiopia 0.0% compare
  5. 196 Bahrain 0.0% compare
  6. 197 Paraguay 0.0% compare

See the full ranking of 257 places →

More energy & mining data for Iceland

All data for Iceland →

Frequently asked questions

What is electricity production from oil sources in Iceland?
Electricity production from oil sources in Iceland was 0.0% in 2024, according to IEA Energy Statistics Data Browser, International Energy Agency (IEA).
What is the highest electricity production from oil sources recorded in Iceland?
The highest recorded value was 0.2% in 1995.
What is the lowest electricity production from oil sources recorded in Iceland?
The lowest recorded value was 0.0% in 2018.
How does Iceland rank for electricity production from oil sources?
Iceland ranks 194th out of 210 countries with data for 2024.
Is electricity production from oil sources rising or falling in Iceland?
Over the last ten years it is up 23.9%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from IEA Energy Statistics Data Browser, International Energy Agency (IEA), published as part of Electricity production from oil sources (% of total). Statizoid updates them automatically from the source API.

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Electricity production from oil sources in Iceland. Statizoid, drawing on IEA Energy Statistics Data Browser, International Energy Agency (IEA). Retrieved 04 September 2026, from https://energy.statizoid.com/stat/electricity-production-from-oil-sources-percent-of-total/iceland/

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About this data

Indicator
Electricity production from oil sources (% of total)
Unit
% of total
Source
IEA Energy Statistics Data Browser, International Energy Agency (IEA)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
257 places, 7,945 data points, 1990–2024
Last refreshed

The share of electricity production from oil sources of total electricity production. Sources of electricity refer to the inputs used to generate electricity. Oil refers to crude oil and petroleum products.