Electricity production by source in Iceland
Iceland: Electricity production by source was 29.6% in 2021. ▲ Rising
Electricity production by source in Iceland, 1990–2021
Source: IEA Energy Statistics Data Browser, IEA, via World Bank (2026) – processed by Our World in Data. Measured in % of total.
Analysis
Iceland recorded 29.6% for electricity production by source in 2021.
Compared with earlier readings it is down 5.1% on the previous year and up 8.5% over ten years.
Over the whole period, electricity production by source in Iceland peaked at 31.2% in 2020 and was at its lowest, 5.1%, in 1992.
That places Iceland 20th out of 208 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 32 years of available data.
Electricity production by source in Iceland, year by year
| Year | % of total | Change |
|---|---|---|
| 1990 | 6.7% | — |
| 1991 | 6.3% | -5.3% |
| 1992 | 5.1% | -19.7% |
| 1993 | 5.4% | +7.0% |
| 1994 | 5.4% | +0.4% |
| 1995 | 5.8% | +7.0% |
| 1996 | 6.8% | +16.0% |
| 1997 | 6.7% | -0.6% |
| 1998 | 10.4% | +55.3% |
| 1999 | 15.8% | +51.6% |
| 2000 | 17.2% | +8.9% |
| 2001 | 18.1% | +4.9% |
| 2002 | 17.0% | -5.7% |
| 2003 | 16.5% | -2.9% |
| 2004 | 17.2% | +4.2% |
| 2005 | 19.1% | +11.1% |
| 2006 | 26.5% | +38.6% |
| 2007 | 29.9% | +12.7% |
| 2008 | 24.5% | -18.0% |
| 2009 | 27.0% | +10.3% |
| 2010 | 26.2% | -3.2% |
| 2011 | 27.3% | +4.4% |
| 2012 | 29.7% | +8.7% |
| 2013 | 29.0% | -2.4% |
| 2014 | 29.0% | -0.1% |
| 2015 | 26.7% | -7.9% |
| 2016 | 27.4% | +2.6% |
| 2017 | 26.9% | -1.6% |
| 2018 | 30.4% | +12.7% |
| 2019 | 30.9% | +1.9% |
| 2020 | 31.2% | +0.9% |
| 2021 | 29.6% | -5.1% |
Iceland compared with similar countries
- Iceland's 29.6% is above the median for high income countries, which is 9.8%, 3.0× the median. (78 countries reporting)
- Iceland's 29.6% is above the median for Europe & Central Asia, which is 13.0%, 2.3× the median. (52 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.4% | 5.1% | 15.8% | 10 |
| 2000s | 21.3% | 16.5% | 29.9% | 10 |
| 2010s | 28.3% | 26.2% | 30.9% | 10 |
| 2020s | 30.4% | 29.6% | 31.2% | 2 |
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 production by source in Iceland?
- Electricity production by source in Iceland was 29.6% in 2021, according to IEA Energy Statistics Data Browser, IEA, via World Bank (2026) – processed by Our World in Data.
- What is the highest electricity production by source recorded in Iceland?
- The highest recorded value was 31.2% in 2020.
- What is the lowest electricity production by source recorded in Iceland?
- The lowest recorded value was 5.1% in 1992.
- How does Iceland rank for electricity production by source?
- Iceland ranks 20th out of 208 countries with data for 2021.
- Is electricity production by source rising or falling in Iceland?
- Over the last ten years it is up 8.5%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from IEA Energy Statistics Data Browser, IEA, via World Bank (2026) – processed by Our World in Data, published as part of Electricity production by source. Statizoid updates them automatically from the source API.
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