Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Iceland

Iceland: Adjusted savings: carbon dioxide damage (current US$), per unit of GDP was 0.0024 current US$ per US$ of GDP in 2021. ▼ Falling

Latest (2021)
0.0024 current US$ per US$ of GDP
Change on year
down 11.6%
World rank
202nd
of 207 countries
All-time high
0.005 current US$ per US$ of GDP
in 2001
All-time low
0.0024 current US$ per US$ of GDP
in 2021
Years of data
32
1990–2021

Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Iceland, 1990–2021

00.0020.0040.0061990200520211990: 0.004 current US$ per US$ of GDP1991: 0.003 current US$ per US$ of GDP1992: 0.004 current US$ per US$ of GDP1993: 0.004 current US$ per US$ of GDP1994: 0.005 current US$ per US$ of GDP1995: 0.004 current US$ per US$ of GDP1996: 0.005 current US$ per US$ of GDP1997: 0.005 current US$ per US$ of GDP1998: 0.004 current US$ per US$ of GDP1999: 0.004 current US$ per US$ of GDP2000: 0.005 current US$ per US$ of GDP2001: 0.005 current US$ per US$ of GDP2002: 0.005 current US$ per US$ of GDP2003: 0.004 current US$ per US$ of GDP2004: 0.004 current US$ per US$ of GDP2005: 0.003 current US$ per US$ of GDP2006: 0.003 current US$ per US$ of GDP2007: 0.003 current US$ per US$ of GDP2008: 0.003 current US$ per US$ of GDP2009: 0.004 current US$ per US$ of GDP2010: 0.004 current US$ per US$ of GDP2011: 0.004 current US$ per US$ of GDP2012: 0.004 current US$ per US$ of GDP2013: 0.004 current US$ per US$ of GDP2014: 0.004 current US$ per US$ of GDP2015: 0.004 current US$ per US$ of GDP2016: 0.003 current US$ per US$ of GDP2017: 0.002 current US$ per US$ of GDP2018: 0.002 current US$ per US$ of GDP2019: 0.003 current US$ per US$ of GDP2020: 0.003 current US$ per US$ of GDP2021: 0.002 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Iceland recorded 0.0024 current US$ per US$ of GDP for adjusted savings: carbon dioxide damage (current us$), per unit of gdp in 2021. That is the lowest value across all 32 years on record.

The figure is down 11.6% on the previous year and down 33.3% over ten years.

Over the whole period, adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Iceland peaked at 0.005 current US$ per US$ of GDP in 2001 and was at its lowest, 0.0024 current US$ per US$ of GDP, in 2021.

Iceland ranks 202nd of 207 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 32 years of available data.

Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Iceland, year by year

Annual values for Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Iceland, 1990 to 2021.
Year current US$ per US$ of GDP Change
1990 0.0035 current US$ per US$ of GDP —
1991 0.0034 current US$ per US$ of GDP -3.1%
1992 0.0035 current US$ per US$ of GDP +3.7%
1993 0.0043 current US$ per US$ of GDP +21.6%
1994 0.0046 current US$ per US$ of GDP +7.3%
1995 0.0041 current US$ per US$ of GDP -10.4%
1996 0.0047 current US$ per US$ of GDP +13.4%
1997 0.0046 current US$ per US$ of GDP -1.9%
1998 0.0043 current US$ per US$ of GDP -7.6%
1999 0.0041 current US$ per US$ of GDP -3.0%
2000 0.0045 current US$ per US$ of GDP +9.6%
2001 0.005 current US$ per US$ of GDP +11.2%
2002 0.0048 current US$ per US$ of GDP -4.8%
2003 0.0041 current US$ per US$ of GDP -15.5%
2004 0.0037 current US$ per US$ of GDP -9.5%
2005 0.0031 current US$ per US$ of GDP -15.2%
2006 0.0032 current US$ per US$ of GDP +4.1%
2007 0.0028 current US$ per US$ of GDP -13.7%
2008 0.0032 current US$ per US$ of GDP +14.9%
2009 0.0044 current US$ per US$ of GDP +37.6%
2010 0.004 current US$ per US$ of GDP -8.8%
2011 0.0037 current US$ per US$ of GDP -9.0%
2012 0.0039 current US$ per US$ of GDP +5.6%
2013 0.004 current US$ per US$ of GDP +4.5%
2014 0.0038 current US$ per US$ of GDP -5.3%
2015 0.004 current US$ per US$ of GDP +5.8%
2016 0.0028 current US$ per US$ of GDP -31.4%
2017 0.0025 current US$ per US$ of GDP -10.2%
2018 0.0025 current US$ per US$ of GDP +0.1%
2019 0.0027 current US$ per US$ of GDP +7.2%
2020 0.0028 current US$ per US$ of GDP +3.2%
2021 0.0024 current US$ per US$ of GDP -11.6%

Iceland compared with similar countries

  • Iceland's 0.0024 current US$ per US$ of GDP is below the median for high income countries, which is 0.0088 current US$ per US$ of GDP, 28% of the median. (76 countries reporting)
  • Iceland's 0.0024 current US$ per US$ of GDP is below the median for Europe & Central Asia, which is 0.0108 current US$ per US$ of GDP, 23% of the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0041 current US$ per US$ of GDP 0.0034 current US$ per US$ of GDP 0.0047 current US$ per US$ of GDP 10
2000s 0.0039 current US$ per US$ of GDP 0.0028 current US$ per US$ of GDP 0.005 current US$ per US$ of GDP 10
2010s 0.0034 current US$ per US$ of GDP 0.0025 current US$ per US$ of GDP 0.004 current US$ per US$ of GDP 10
2020s 0.0026 current US$ per US$ of GDP 0.0024 current US$ per US$ of GDP 0.0028 current US$ per US$ of GDP 2

Countries ranked near Iceland

  1. 199 Norway 0.003 current US$ per US$ of GDP compare
  2. 200 Denmark 0.003 current US$ per US$ of GDP compare
  3. 201 Malta 0.0029 current US$ per US$ of GDP compare
  4. 203 Democratic Republic of Congo 0.0024 current US$ per US$ of GDP compare
  5. 204 Sweden 0.0023 current US$ per US$ of GDP compare
  6. 205 Switzerland 0.0019 current US$ per US$ of GDP compare

See the full ranking of 207 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Iceland?
Adjusted savings: carbon dioxide damage (current us$), per unit of gdp in Iceland was 0.0024 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
What is the highest adjusted savings: carbon dioxide damage (current us$), per unit of gdp recorded in Iceland?
The highest recorded value was 0.005 current US$ per US$ of GDP in 2001.
What is the lowest adjusted savings: carbon dioxide damage (current us$), per unit of gdp recorded in Iceland?
The lowest recorded value was 0.0024 current US$ per US$ of GDP in 2021.
How does Iceland rank for adjusted savings: carbon dioxide damage (current us$), per unit of gdp?
Iceland ranks 202nd out of 207 countries with data for 2021.
Is adjusted savings: carbon dioxide damage (current us$), per unit of gdp rising or falling in Iceland?
Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Adjusted savings: carbon dioxide damage (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Adjusted savings: carbon dioxide damage (current US$), per unit of GDP in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://economy.statizoid.com/stat/adjusted-savings-carbon-dioxide-damage-current-us-per-unit-of-gdp/iceland/

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How this figure is calculated

Adjusted savings: carbon dioxide damage (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Adjusted savings: carbon dioxide damage (current US$) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Adjusted savings: carbon dioxide damage (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
207 places, 6,553 data points, 1970–2021
Last refreshed

Adjusted savings: carbon dioxide damage (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.