Gross and net production of electricity and derived heat by type of in Iceland
Iceland: Gross and net production of electricity and derived heat by type of was 19,606 Gigawatt-hour in 2024. ▲ Rising
Gross and net production of electricity and derived heat by type of in Iceland, 1990–2024
Source: Eurostat. Measured in Gigawatt-hour.
Analysis
The most recent figure for gross and net production of electricity and derived heat by type of in Iceland is 19,606 Gigawatt-hour, measured in 2024.
The figure is down 3.2% on the previous year and up 8.2% over ten years.
Over the whole period, gross and net production of electricity and derived heat by type of in Iceland peaked at 20,244 Gigawatt-hour in 2023 and was at its lowest, 4,494 Gigawatt-hour, in 1991.
That places Iceland 29th out of 51 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross and net production of electricity and derived heat by type of in Iceland, year by year
| Year | Gigawatt-hour | Change |
|---|---|---|
| 1990 | 4,510 Gigawatt-hour | — |
| 1991 | 4,494 Gigawatt-hour | -0.4% |
| 1992 | 4,546 Gigawatt-hour | +1.2% |
| 1993 | 4,727 Gigawatt-hour | +4.0% |
| 1994 | 4,780 Gigawatt-hour | +1.1% |
| 1995 | 4,981 Gigawatt-hour | +4.2% |
| 1996 | 5,123 Gigawatt-hour | +2.9% |
| 1997 | 5,586 Gigawatt-hour | +9.0% |
| 1998 | 6,281 Gigawatt-hour | +12.4% |
| 1999 | 7,188 Gigawatt-hour | +14.4% |
| 2000 | 7,684 Gigawatt-hour | +6.9% |
| 2001 | 8,033 Gigawatt-hour | +4.5% |
| 2002 | 8,416 Gigawatt-hour | +4.8% |
| 2003 | 8,500 Gigawatt-hour | +1.0% |
| 2004 | 8,623 Gigawatt-hour | +1.4% |
| 2005 | 8,686 Gigawatt-hour | +0.7% |
| 2006 | 9,930 Gigawatt-hour | +14.3% |
| 2007 | 11,977 Gigawatt-hour | +20.6% |
| 2008 | 16,467 Gigawatt-hour | +37.5% |
| 2009 | 16,834 Gigawatt-hour | +2.2% |
| 2010 | 17,059 Gigawatt-hour | +1.3% |
| 2011 | 17,211 Gigawatt-hour | +0.9% |
| 2012 | 17,549 Gigawatt-hour | +2.0% |
| 2013 | 18,116 Gigawatt-hour | +3.2% |
| 2014 | 18,123 Gigawatt-hour | +0.0% |
| 2015 | 18,799 Gigawatt-hour | +3.7% |
| 2016 | 18,550 Gigawatt-hour | -1.3% |
| 2017 | 19,238 Gigawatt-hour | +3.7% |
| 2018 | 19,830 Gigawatt-hour | +3.1% |
| 2019 | 19,489 Gigawatt-hour | -1.7% |
| 2020 | 19,127 Gigawatt-hour | -1.9% |
| 2021 | 19,614 Gigawatt-hour | +2.5% |
| 2022 | 20,120 Gigawatt-hour | +2.6% |
| 2023 | 20,244 Gigawatt-hour | +0.6% |
| 2024 | 19,606 Gigawatt-hour | -3.2% |
Iceland compared with similar countries
- Iceland's 19,606 Gigawatt-hour is below the median for Europe & Central Asia, which is 37,738 Gigawatt-hour, 52% of the median. (38 countries reporting)
- Iceland's 19,606 Gigawatt-hour is below the median for high income countries, which is 51,089 Gigawatt-hour, 38% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Gross and net production of electricity and derived heat by type of in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +37.5% | 11,977 Gigawatt-hour | 16,467 Gigawatt-hour |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5,222 Gigawatt-hour | 4,494 Gigawatt-hour | 7,188 Gigawatt-hour | 10 |
| 2000s | 10,515 Gigawatt-hour | 7,684 Gigawatt-hour | 16,834 Gigawatt-hour | 10 |
| 2010s | 18,396 Gigawatt-hour | 17,059 Gigawatt-hour | 19,830 Gigawatt-hour | 10 |
| 2020s | 19,742 Gigawatt-hour | 19,127 Gigawatt-hour | 20,244 Gigawatt-hour | 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 gross and net production of electricity and derived heat by type of in Iceland?
- Gross and net production of electricity and derived heat by type of in Iceland was 19,606 Gigawatt-hour in 2024, according to Eurostat.
- What is the highest gross and net production of electricity and derived heat by type of recorded in Iceland?
- The highest recorded value was 20,244 Gigawatt-hour in 2023.
- What is the lowest gross and net production of electricity and derived heat by type of recorded in Iceland?
- The lowest recorded value was 4,494 Gigawatt-hour in 1991.
- How does Iceland rank for gross and net production of electricity and derived heat by type of?
- Iceland ranks 29th out of 51 countries with data for 2024.
- Is gross and net production of electricity and derived heat by type of rising or falling in Iceland?
- Over the last ten years it is up 8.2%. 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 Gross and net production of electricity and derived heat by type of plant and operator. Statizoid updates them automatically from the source API.
Download this data
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