IPAC Dashboard indicators — Share in electricity production - Oil in Iceland
Iceland: IPAC Dashboard indicators — Share in electricity production - Oil was 0.0203 Index in 2025. ◆ Volatile
Latest (2025)
0.0203 Index
Change on year
up 21.1%
World rank
121st
of 136 countries
All-time high
7.08 Index
in 1966
All-time low
0.0095 Index
in 2018
Years of data
66
1960–2025
IPAC Dashboard indicators — Share in electricity production - Oil in Iceland, 1960–2025
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
In 2025, ipac dashboard indicators — share in electricity production - oil in Iceland stood at 0.0203 Index.
The figure is up 21.1% on the previous year and down 4.7% over ten years.
Over the whole period, ipac dashboard indicators — share in electricity production - oil in Iceland peaked at 7.08 Index in 1966 and was at its lowest, 0.0095 Index, in 2018.
That places Iceland 121st out of 136 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
IPAC Dashboard indicators — Share in electricity production - Oil in Iceland, year by year
| Year | Index | Change |
|---|---|---|
| 1960 | 4.54 Index | — |
| 1961 | 3.98 Index | -12.3% |
| 1962 | 4.03 Index | +1.1% |
| 1963 | 3.66 Index | -9.1% |
| 1964 | 3.67 Index | +0.3% |
| 1965 | 5.01 Index | +36.6% |
| 1966 | 7.08 Index | +41.2% |
| 1967 | 5.24 Index | -26.0% |
| 1968 | 5.21 Index | -0.5% |
| 1969 | 5.15 Index | -1.2% |
| 1970 | 2.96 Index | -42.6% |
| 1971 | 3.02 Index | +2.2% |
| 1972 | 2.68 Index | -11.5% |
| 1973 | 3.75 Index | +40.2% |
| 1974 | 3.09 Index | -17.7% |
| 1975 | 3.14 Index | +1.9% |
| 1976 | 2.33 Index | -25.9% |
| 1977 | 2.66 Index | +14.3% |
| 1978 | 1.96 Index | -26.4% |
| 1979 | 1.9 Index | -3.2% |
| 1980 | 1.48 Index | -22.1% |
| 1981 | 1.06 Index | -28.0% |
| 1982 | 0.3028 Index | -71.5% |
| 1983 | 0.1829 Index | -39.6% |
| 1984 | 0.1006 Index | -45.0% |
| 1985 | 0.1026 Index | +2.0% |
| 1986 | 0.1215 Index | +18.5% |
| 1987 | 0.1188 Index | -2.3% |
| 1988 | 0.1563 Index | +31.6% |
| 1989 | 0.1322 Index | -15.4% |
| 1990 | 0.133 Index | +0.6% |
| 1991 | 0.1558 Index | +17.1% |
| 1992 | 0.132 Index | -15.3% |
| 1993 | 0.1058 Index | -19.9% |
| 1994 | 0.1046 Index | -1.1% |
| 1995 | 0.1807 Index | +72.7% |
| 1996 | 0.0976 Index | -46.0% |
| 1997 | 0.0716 Index | -26.6% |
| 1998 | 0.0796 Index | +11.2% |
| 1999 | 0.0696 Index | -12.6% |
| 2000 | 0.0651 Index | -6.5% |
| 2001 | 0.0498 Index | -23.5% |
| 2002 | 0.0713 Index | +43.2% |
| 2003 | 0.0706 Index | -1.0% |
| 2004 | 0.0464 Index | -34.3% |
| 2005 | 0.0576 Index | +24.1% |
| 2006 | 0.0403 Index | -30.0% |
| 2007 | 0.0167 Index | -58.5% |
| 2008 | 0.0121 Index | -27.3% |
| 2009 | 0.0119 Index | -2.2% |
| 2010 | 0.0117 Index | -1.3% |
| 2011 | 0.0116 Index | -0.9% |
| 2012 | 0.0171 Index | +47.1% |
| 2013 | 0.0276 Index | +61.5% |
| 2014 | 0.0166 Index | -40.0% |
| 2015 | 0.0213 Index | +28.5% |
| 2016 | 0.0162 Index | -24.0% |
| 2017 | 0.0108 Index | -33.0% |
| 2018 | 0.0095 Index | -12.8% |
| 2019 | 0.0137 Index | +44.5% |
| 2020 | 0.016 Index | +17.4% |
| 2021 | 0.0126 Index | -21.7% |
| 2022 | 0.0146 Index | +16.5% |
| 2023 | 0.0208 Index | +41.9% |
| 2024 | 0.0168 Index | -19.3% |
| 2025 | 0.0203 Index | +21.1% |
Iceland compared with similar countries
- Iceland's 0.0203 Index is below the median for high income countries, which is 0.7507 Index, 3% of the median. (46 countries reporting)
- Iceland's 0.0203 Index is below the median for Europe & Central Asia, which is 0.4725 Index, 4% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.76 Index | 3.66 Index | 7.08 Index | 10 |
| 1970s | 2.75 Index | 1.9 Index | 3.75 Index | 10 |
| 1980s | 0.3756 Index | 0.1006 Index | 1.48 Index | 10 |
| 1990s | 0.113 Index | 0.0696 Index | 0.1807 Index | 10 |
| 2000s | 0.0442 Index | 0.0119 Index | 0.0713 Index | 10 |
| 2010s | 0.0156 Index | 0.0095 Index | 0.0276 Index | 10 |
| 2020s | 0.0168 Index | 0.0126 Index | 0.0208 Index | 6 |
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 ipac dashboard indicators — share in electricity production - oil in Iceland?
- Ipac dashboard indicators — share in electricity production - oil in Iceland was 0.0203 Index in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest ipac dashboard indicators — share in electricity production - oil recorded in Iceland?
- The highest recorded value was 7.08 Index in 1966.
- What is the lowest ipac dashboard indicators — share in electricity production - oil recorded in Iceland?
- The lowest recorded value was 0.0095 Index in 2018.
- How does Iceland rank for ipac dashboard indicators — share in electricity production - oil?
- Iceland ranks 121st out of 136 countries with data for 2025.
- Is ipac dashboard indicators — share in electricity production - oil rising or falling in Iceland?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of IPAC Dashboard indicators — Share in electricity production - Oil. Statizoid updates them automatically from the source API.
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