Energy imports dependency in Iceland
Iceland: Energy imports dependency was 16.8% in 2024. ▼ Falling
Latest (2024)
16.8%
Change on year
down 1.0%
World rank
47th
of 50 countries
All-time high
36.5%
in 1992
All-time low
12.0%
in 2020
Years of data
35
1990–2024
Energy imports dependency in Iceland, 1990–2024
Source: Eurostat. Measured in Percentage.
Analysis
The most recent figure for energy imports dependency in Iceland is 16.8%, measured in 2024.
That represents a change of down 1.0% on the previous year and up 20.4% over ten years.
Over the whole period, energy imports dependency in Iceland peaked at 36.5% in 1992 and was at its lowest, 12.0%, in 2020.
Iceland ranks 47th of 50 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Energy imports dependency in Iceland, year by year
| Year | Percentage | Change |
|---|---|---|
| 1990 | 33.0% | — |
| 1991 | 31.4% | -4.9% |
| 1992 | 36.5% | +16.3% |
| 1993 | 33.3% | -8.6% |
| 1994 | 34.3% | +2.9% |
| 1995 | 34.1% | -0.6% |
| 1996 | 34.3% | +0.5% |
| 1997 | 34.8% | +1.4% |
| 1998 | 34.6% | -0.5% |
| 1999 | 32.2% | -7.1% |
| 2000 | 30.6% | -5.0% |
| 2001 | 29.1% | -4.9% |
| 2002 | 28.8% | -0.9% |
| 2003 | 27.8% | -3.3% |
| 2004 | 32.0% | +14.7% |
| 2005 | 31.2% | -2.3% |
| 2006 | 26.0% | -16.8% |
| 2007 | 22.8% | -12.1% |
| 2008 | 21.2% | -7.1% |
| 2009 | 20.1% | -5.2% |
| 2010 | 13.9% | -31.0% |
| 2011 | 13.4% | -3.4% |
| 2012 | 13.7% | +2.3% |
| 2013 | 13.5% | -1.4% |
| 2014 | 14.0% | +3.3% |
| 2015 | 16.4% | +17.6% |
| 2016 | 18.9% | +15.4% |
| 2017 | 18.4% | -3.0% |
| 2018 | 19.1% | +4.2% |
| 2019 | 16.1% | -15.9% |
| 2020 | 12.0% | -25.7% |
| 2021 | 15.1% | +26.5% |
| 2022 | 17.3% | +14.6% |
| 2023 | 17.0% | -2.1% |
| 2024 | 16.8% | -1.0% |
Iceland compared with similar countries
- Iceland's 16.8% is below the median for Europe & Central Asia, which is 46.4%, 36% of the median. (37 countries reporting)
- Iceland's 16.8% is below the median for high income countries, which is 51.1%, 33% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.8% | 31.4% | 36.5% | 10 |
| 2000s | 27.0% | 20.1% | 32.0% | 10 |
| 2010s | 15.7% | 13.4% | 19.1% | 10 |
| 2020s | 15.6% | 12.0% | 17.3% | 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 energy imports dependency in Iceland?
- Energy imports dependency in Iceland was 16.8% in 2024, according to Eurostat.
- What is the highest energy imports dependency recorded in Iceland?
- The highest recorded value was 36.5% in 1992.
- What is the lowest energy imports dependency recorded in Iceland?
- The lowest recorded value was 12.0% in 2020.
- How does Iceland rank for energy imports dependency?
- Iceland ranks 47th out of 50 countries with data for 2024.
- Is energy imports dependency rising or falling in Iceland?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Energy imports dependency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Eurostat).