Energy efficiency in Iceland
Iceland: Energy efficiency was 6.44 Million tonnes of oil equivalent in 2024. ▲ Rising
Energy efficiency in Iceland, 2005–2024
Source: Eurostat. Measured in Million tonnes of oil equivalent.
Analysis
Iceland recorded 6.44 Million tonnes of oil equivalent for energy efficiency in 2024. That is the highest value across all 20 years on record.
That represents a change of up 3.2% on the previous year and up 6.4% over ten years.
Over the whole period, energy efficiency in Iceland peaked at 6.44 Million tonnes of oil equivalent in 2024 and was at its lowest, 3.21 Million tonnes of oil equivalent, in 2005.
That places Iceland 26th out of 38 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.55 Million tonnes of oil equivalent | 3.21 Million tonnes of oil equivalent | 5.49 Million tonnes of oil equivalent | 5 |
| 2010s | 5.91 Million tonnes of oil equivalent | 5.49 Million tonnes of oil equivalent | 6.4 Million tonnes of oil equivalent | 10 |
| 2020s | 6.12 Million tonnes of oil equivalent | 5.85 Million tonnes of oil equivalent | 6.44 Million tonnes of oil equivalent | 5 |
Countries ranked near Iceland
- 23 Croatia 8.75 Million tonnes of oil equivalent compare
- 24 Bosnia and Herzegovina 6.81 Million tonnes of oil equivalent compare
- 25 Lithuania 6.56 Million tonnes of oil equivalent compare
- 27 Slovenia 6.13 Million tonnes of oil equivalent compare
- 28 Georgia 5.82 Million tonnes of oil equivalent compare
- 29 Latvia 4.25 Million tonnes of oil equivalent compare
More energy & mining data for Iceland
- Fuel imports 9.0% (2025)
- Ores and metals imports 7.9% (2025)
- Ores and metals exports 36.2% (2025)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fuel exports 1.5% (2025)
- Electric power transmission and distribution losses 2.9% (2024)
- Share of dietary energy supply from carbohydrates vs. GDP per capita 43.6% (2023)
Frequently asked questions
- What is energy efficiency in Iceland?
- Energy efficiency in Iceland was 6.44 Million tonnes of oil equivalent in 2024, according to Eurostat.
- What is the highest energy efficiency recorded in Iceland?
- The highest recorded value was 6.44 Million tonnes of oil equivalent in 2024.
- What is the lowest energy efficiency recorded in Iceland?
- The lowest recorded value was 3.21 Million tonnes of oil equivalent in 2005.
- How does Iceland rank for energy efficiency?
- Iceland ranks 26th out of 38 countries with data for 2024.
- Is energy efficiency rising or falling in Iceland?
- Over the last ten years it is up 6.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Energy efficiency. Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (Eurostat).