Oil consumption by region terawatt hours twh in Iceland
Iceland: Oil consumption by region terawatt hours twh was 11.68 in 2025. ▲ Rising
Latest (2025)
11.68
Change on year
up 0.7%
World rank
80th
of 80 countries
All-time high
13.11
in 2018
All-time low
5.61
in 1965
Years of data
61
1965–2025
Oil consumption by region terawatt hours twh in Iceland, 1965–2025
Source: Our World in Data.
Analysis
In 2025, oil consumption by region terawatt hours twh in Iceland stood at 11.68.
That represents a change of up 0.7% on the previous year and up 19.2% over ten years.
Over the whole period, oil consumption by region terawatt hours twh in Iceland peaked at 13.11 in 2018 and was at its lowest, 5.61, in 1965.
Iceland ranks 80th of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 61 years of available data.
Oil consumption by region terawatt hours twh in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1965 | 5.61 | — |
| 1966 | 6.05 | +7.8% |
| 1967 | 5.87 | -3.0% |
| 1968 | 6.27 | +6.8% |
| 1969 | 5.75 | -8.3% |
| 1970 | 5.88 | +2.2% |
| 1971 | 6.4 | +8.9% |
| 1972 | 6.86 | +7.1% |
| 1973 | 7.94 | +15.8% |
| 1974 | 7.41 | -6.7% |
| 1975 | 6.96 | -6.1% |
| 1976 | 6.99 | +0.5% |
| 1977 | 7.31 | +4.6% |
| 1978 | 7.71 | +5.4% |
| 1979 | 7.48 | -2.9% |
| 1980 | 6.96 | -7.0% |
| 1981 | 6.8 | -2.4% |
| 1982 | 6.21 | -8.6% |
| 1983 | 6.03 | -2.8% |
| 1984 | 6.3 | +4.3% |
| 1985 | 6.27 | -0.3% |
| 1986 | 6.36 | +1.4% |
| 1987 | 6.88 | +8.1% |
| 1988 | 7.2 | +4.5% |
| 1989 | 7.7 | +7.0% |
| 1990 | 8.19 | +6.4% |
| 1991 | 7.77 | -5.2% |
| 1992 | 8.42 | +8.3% |
| 1993 | 8.64 | +2.7% |
| 1994 | 8.67 | +0.3% |
| 1995 | 8.99 | +3.7% |
| 1996 | 9.39 | +4.5% |
| 1997 | 9.83 | +4.7% |
| 1998 | 10.22 | +3.9% |
| 1999 | 10.54 | +3.2% |
| 2000 | 10.6 | +0.6% |
| 2001 | 10.1 | -4.8% |
| 2002 | 10.57 | +4.6% |
| 2003 | 10.4 | -1.5% |
| 2004 | 11.09 | +6.6% |
| 2005 | 10.87 | -2.0% |
| 2006 | 11.76 | +8.3% |
| 2007 | 11.94 | +1.5% |
| 2008 | 13.09 | +9.6% |
| 2009 | 12.5 | -4.5% |
| 2010 | 8.5 | -32.0% |
| 2011 | 8.35 | -1.8% |
| 2012 | 8.24 | -1.2% |
| 2013 | 8.59 | +4.2% |
| 2014 | 9.03 | +5.1% |
| 2015 | 9.8 | +8.6% |
| 2016 | 10.83 | +10.5% |
| 2017 | 11.99 | +10.7% |
| 2018 | 13.11 | +9.4% |
| 2019 | 11.1 | -15.3% |
| 2020 | 7.3 | -34.3% |
| 2021 | 8.54 | +17.1% |
| 2022 | 10.81 | +26.5% |
| 2023 | 11.31 | +4.6% |
| 2024 | 11.6 | +2.6% |
| 2025 | 11.68 | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.91 | 5.61 | 6.27 | 5 |
| 1970s | 7.09 | 5.88 | 7.94 | 10 |
| 1980s | 6.67 | 6.03 | 7.7 | 10 |
| 1990s | 9.06 | 7.77 | 10.54 | 10 |
| 2000s | 11.29 | 10.1 | 13.09 | 10 |
| 2010s | 9.95 | 8.24 | 13.11 | 10 |
| 2020s | 10.21 | 7.3 | 11.68 | 6 |
Countries ranked near Iceland
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)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is oil consumption by region terawatt hours twh in Iceland?
- Oil consumption by region terawatt hours twh in Iceland was 11.68 in 2025, according to Our World in Data.
- What is the highest oil consumption by region terawatt hours twh recorded in Iceland?
- The highest recorded value was 13.11 in 2018.
- What is the lowest oil consumption by region terawatt hours twh recorded in Iceland?
- The lowest recorded value was 5.61 in 1965.
- How does Iceland rank for oil consumption by region terawatt hours twh?
- Iceland ranks 80th out of 80 countries with data for 2025.
- Is oil consumption by region terawatt hours twh rising or falling in Iceland?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Our World in Data, published as part of Oil consumption by region terawatt hours twh. Statizoid updates them automatically from the source API.
Download this data
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