Energy intensity in Iceland

Iceland: Energy intensity was 11.93 megajoules per international-$ in 2021 prices in 2022. ▲ Rising

Latest (2022)
11.93 megajoules per international-$ in 2021 prices
Change on year
down 3.2%
World rank
8th
of 201 countries
All-time high
15.65 megajoules per international-$ in 2021 prices
in 2011
All-time low
9.39 megajoules per international-$ in 2021 prices
in 2005
Years of data
23
2000–2022

Energy intensity in Iceland, 2000–2022

0510152000201120222000: 11.4 megajoules per international-$ in 2021 prices2001: 10.6 megajoules per international-$ in 2021 prices2002: 10.9 megajoules per international-$ in 2021 prices2003: 10.7 megajoules per international-$ in 2021 prices2004: 9.8 megajoules per international-$ in 2021 prices2005: 9.4 megajoules per international-$ in 2021 prices2006: 11 megajoules per international-$ in 2021 prices2007: 11.9 megajoules per international-$ in 2021 prices2008: 13.6 megajoules per international-$ in 2021 prices2009: 15.3 megajoules per international-$ in 2021 prices2010: 14.9 megajoules per international-$ in 2021 prices2011: 15.7 megajoules per international-$ in 2021 prices2012: 15.1 megajoules per international-$ in 2021 prices2013: 15.1 megajoules per international-$ in 2021 prices2014: 14.8 megajoules per international-$ in 2021 prices2015: 13.5 megajoules per international-$ in 2021 prices2016: 11.9 megajoules per international-$ in 2021 prices2017: 12.1 megajoules per international-$ in 2021 prices2018: 12.7 megajoules per international-$ in 2021 prices2019: 12.2 megajoules per international-$ in 2021 prices2020: 12.9 megajoules per international-$ in 2021 prices2021: 12.3 megajoules per international-$ in 2021 prices2022: 11.9 megajoules per international-$ in 2021 prices

Source: International Energy Agency (IEA), International Renewable Energy Agency (IRENA), UN Statistics Division, World Health Organization (WHO), and World Bank (2026) – processed by Our World in Data. Measured in megajoules per international-$ in 2021 prices.

Analysis

In 2022, energy intensity in Iceland stood at 11.93 megajoules per international-$ in 2021 prices.

That represents a change of down 3.2% on the previous year and down 21.0% over ten years.

Over the whole period, energy intensity in Iceland peaked at 15.65 megajoules per international-$ in 2021 prices in 2011 and was at its lowest, 9.39 megajoules per international-$ in 2021 prices, in 2005.

Iceland ranks 8th of 201 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 23 years of available data.

Energy intensity in Iceland, year by year

Annual values for Energy intensity in Iceland, 2000 to 2022.
Year megajoules per international-$ in 2021 prices Change
2000 11.4 megajoules per international-$ in 2021 prices
2001 10.64 megajoules per international-$ in 2021 prices -6.7%
2002 10.91 megajoules per international-$ in 2021 prices +2.5%
2003 10.69 megajoules per international-$ in 2021 prices -2.0%
2004 9.82 megajoules per international-$ in 2021 prices -8.1%
2005 9.39 megajoules per international-$ in 2021 prices -4.4%
2006 10.96 megajoules per international-$ in 2021 prices +16.7%
2007 11.94 megajoules per international-$ in 2021 prices +8.9%
2008 13.58 megajoules per international-$ in 2021 prices +13.7%
2009 15.27 megajoules per international-$ in 2021 prices +12.4%
2010 14.89 megajoules per international-$ in 2021 prices -2.5%
2011 15.65 megajoules per international-$ in 2021 prices +5.1%
2012 15.11 megajoules per international-$ in 2021 prices -3.5%
2013 15.07 megajoules per international-$ in 2021 prices -0.3%
2014 14.77 megajoules per international-$ in 2021 prices -2.0%
2015 13.47 megajoules per international-$ in 2021 prices -8.8%
2016 11.93 megajoules per international-$ in 2021 prices -11.4%
2017 12.12 megajoules per international-$ in 2021 prices +1.6%
2018 12.68 megajoules per international-$ in 2021 prices +4.6%
2019 12.25 megajoules per international-$ in 2021 prices -3.4%
2020 12.92 megajoules per international-$ in 2021 prices +5.5%
2021 12.33 megajoules per international-$ in 2021 prices -4.6%
2022 11.93 megajoules per international-$ in 2021 prices -3.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.46 megajoules per international-$ in 2021 prices 9.39 megajoules per international-$ in 2021 prices 15.27 megajoules per international-$ in 2021 prices 10
2010s 13.79 megajoules per international-$ in 2021 prices 11.93 megajoules per international-$ in 2021 prices 15.65 megajoules per international-$ in 2021 prices 10
2020s 12.39 megajoules per international-$ in 2021 prices 11.93 megajoules per international-$ in 2021 prices 12.92 megajoules per international-$ in 2021 prices 3

Countries ranked near Iceland

  1. 5 New Caledonia 13.47 megajoules per international-$ in 2021 prices compare
  2. 6 Congo, Democratic Republic of the 12.51 megajoules per international-$ in 2021 prices compare
  3. 7 Mozambique 11.95 megajoules per international-$ in 2021 prices compare
  4. 9 Marshall Islands 10.96 megajoules per international-$ in 2021 prices compare
  5. 10 Curacao 10.39 megajoules per international-$ in 2021 prices compare
  6. 11 Turkmenistan 10.18 megajoules per international-$ in 2021 prices compare

See the full ranking of 201 places →

More energy & mining data for Iceland

All data for Iceland →

Frequently asked questions

What is energy intensity in Iceland?
Energy intensity in Iceland was 11.93 megajoules per international-$ in 2021 prices in 2022, according to International Energy Agency (IEA), International Renewable Energy Agency (IRENA), UN Statistics Division, World Health Organization (WHO), and World Bank (2026) – processed by Our World in Data.
What is the highest energy intensity recorded in Iceland?
The highest recorded value was 15.65 megajoules per international-$ in 2021 prices in 2011.
What is the lowest energy intensity recorded in Iceland?
The lowest recorded value was 9.39 megajoules per international-$ in 2021 prices in 2005.
How does Iceland rank for energy intensity?
Iceland ranks 8th out of 201 countries with data for 2022.
Is energy intensity rising or falling in Iceland?
Over the last ten years it is down 21.0%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Energy Agency (IEA), International Renewable Energy Agency (IRENA), UN Statistics Division, World Health Organization (WHO), and World Bank (2026) – processed by Our World in Data, published as part of Energy intensity. Statizoid updates them automatically from the source API.

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Energy intensity in Iceland. Statizoid, drawing on International Energy Agency (IEA), International Renewable Energy Agency (IRENA), UN Statistics Division, World Health Organization (WHO), and World Bank (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://energy.statizoid.com/stat/energy-intensity-of-economies/iceland/

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About this data

Indicator
Energy intensity
Unit
megajoules per international-$ in 2021 prices
Source
International Energy Agency (IEA), International Renewable Energy Agency (IRENA), UN Statistics Division, World Health Organization (WHO), and World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 4,486 data points, 2000–2022
Last refreshed

Amount of energy needed to produce one unit of economic output. A lower number means that economies produce economic value in a less energy-intensive way. This data is measured in megajoules per dollar, adjusted for inflation and differences in living costs between countries.