Adjusted savings: carbon dioxide damage (current US$) in Iceland
Iceland: Adjusted savings: carbon dioxide damage was 64.08 million current US$ in 2021. ▲ Rising
Adjusted savings: carbon dioxide damage in Iceland, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Iceland is 64.08 million current US$, measured in 2021.
The figure is up 5.2% on the previous year and up 13.7% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Iceland peaked at 71.63 million current US$ in 2015 and was at its lowest, 23.63 million current US$, in 1990.
That places Iceland 160th out of 210 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Iceland, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 23.63 million current US$ | — |
| 1991 | 24.47 million current US$ | +3.5% |
| 1992 | 25.99 million current US$ | +6.2% |
| 1993 | 27.76 million current US$ | +6.8% |
| 1994 | 30.61 million current US$ | +10.2% |
| 1995 | 30.57 million current US$ | -0.1% |
| 1996 | 36.13 million current US$ | +18.2% |
| 1997 | 35.60 million current US$ | -1.5% |
| 1998 | 36.81 million current US$ | +3.4% |
| 1999 | 37.63 million current US$ | +2.2% |
| 2000 | 41.39 million current US$ | +10.0% |
| 2001 | 41.92 million current US$ | +1.3% |
| 2002 | 45.14 million current US$ | +7.7% |
| 2003 | 46.86 million current US$ | +3.8% |
| 2004 | 51.18 million current US$ | +9.2% |
| 2005 | 53.28 million current US$ | +4.1% |
| 2006 | 57.14 million current US$ | +7.2% |
| 2007 | 61.29 million current US$ | +7.3% |
| 2008 | 58.51 million current US$ | -4.5% |
| 2009 | 58.27 million current US$ | -0.4% |
| 2010 | 56.01 million current US$ | -3.9% |
| 2011 | 56.38 million current US$ | +0.6% |
| 2012 | 57.79 million current US$ | +2.5% |
| 2013 | 65.62 million current US$ | +13.5% |
| 2014 | 69.03 million current US$ | +5.2% |
| 2015 | 71.63 million current US$ | +3.8% |
| 2016 | 58.54 million current US$ | -18.3% |
| 2017 | 62.49 million current US$ | +6.7% |
| 2018 | 66.60 million current US$ | +6.6% |
| 2019 | 66.88 million current US$ | +0.4% |
| 2020 | 60.89 million current US$ | -9.0% |
| 2021 | 64.08 million current US$ | +5.2% |
Iceland compared with similar countries
- Iceland's 64.08 million current US$ is below the median for high income countries, which is 970.21 million current US$, 7% of the median. (78 countries reporting)
- Iceland's 64.08 million current US$ is below the median for Europe & Central Asia, which is 1.59 billion current US$, 4% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.92 million current US$ | 23.63 million current US$ | 37.63 million current US$ | 10 |
| 2000s | 51.50 million current US$ | 41.39 million current US$ | 61.29 million current US$ | 10 |
| 2010s | 63.10 million current US$ | 56.01 million current US$ | 71.63 million current US$ | 10 |
| 2020s | 62.48 million current US$ | 60.89 million current US$ | 64.08 million current US$ | 2 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Iceland?
- Adjusted savings: carbon dioxide damage in Iceland was 64.08 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: carbon dioxide damage recorded in Iceland?
- The highest recorded value was 71.63 million current US$ in 2015.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Iceland?
- The lowest recorded value was 23.63 million current US$ in 1990.
- How does Iceland rank for adjusted savings: carbon dioxide damage?
- Iceland ranks 160th out of 210 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Iceland?
- Over the last ten years it is up 13.7%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: carbon dioxide damage (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.