Adjusted savings: carbon dioxide damage in Iceland
Iceland: Adjusted savings: carbon dioxide damage was 0.3% in 2021. ▼ Falling
Adjusted savings: carbon dioxide damage in Iceland, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: carbon dioxide damage in Iceland is 0.3%, measured in 2021.
That represents a change of down 9.0% on the previous year and down 40.1% over ten years.
Over the whole period, adjusted savings: carbon dioxide damage in Iceland peaked at 0.6% in 2009 and was at its lowest, 0.3%, in 2017.
That places Iceland 200th out of 204 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Adjusted savings: carbon dioxide damage in Iceland, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 0.4% | — |
| 1991 | 0.4% | -3.8% |
| 1992 | 0.4% | +3.2% |
| 1993 | 0.5% | +21.9% |
| 1994 | 0.5% | +8.0% |
| 1995 | 0.4% | -10.7% |
| 1996 | 0.5% | +12.6% |
| 1997 | 0.5% | -2.7% |
| 1998 | 0.4% | -7.5% |
| 1999 | 0.4% | -3.2% |
| 2000 | 0.5% | +11.5% |
| 2001 | 0.5% | +10.6% |
| 2002 | 0.5% | -8.2% |
| 2003 | 0.4% | -14.6% |
| 2004 | 0.4% | -7.1% |
| 2005 | 0.3% | -13.3% |
| 2006 | 0.4% | +7.5% |
| 2007 | 0.3% | -15.3% |
| 2008 | 0.4% | +37.4% |
| 2009 | 0.6% | +32.8% |
| 2010 | 0.5% | -8.8% |
| 2011 | 0.4% | -12.9% |
| 2012 | 0.4% | +2.2% |
| 2013 | 0.4% | -4.3% |
| 2014 | 0.4% | -4.8% |
| 2015 | 0.4% | +6.0% |
| 2016 | 0.3% | -31.8% |
| 2017 | 0.3% | -11.7% |
| 2018 | 0.3% | +2.5% |
| 2019 | 0.3% | +1.6% |
| 2020 | 0.3% | +6.4% |
| 2021 | 0.3% | -9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.4% | 0.5% | 10 |
| 2000s | 0.4% | 0.3% | 0.6% | 10 |
| 2010s | 0.4% | 0.3% | 0.5% | 10 |
| 2020s | 0.3% | 0.3% | 0.3% | 2 |
Countries ranked near Iceland
- 197 Norway 0.3% compare
- 198 Denmark 0.3% compare
- 199 Congo, Democratic Republic of the 0.3% compare
- 201 Sweden 0.2% compare
- 202 Switzerland 0.2% compare
- 203 Liechtenstein 0.1% compare
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 7.15 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3036 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 29,848 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -107.38 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -93.07 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.69 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 4.69 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 461,476 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: carbon dioxide damage in Iceland?
- Adjusted savings: carbon dioxide damage in Iceland was 0.3% 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 0.6% in 2009.
- What is the lowest adjusted savings: carbon dioxide damage recorded in Iceland?
- The lowest recorded value was 0.3% in 2017.
- How does Iceland rank for adjusted savings: carbon dioxide damage?
- Iceland ranks 200th out of 204 countries with data for 2021.
- Is adjusted savings: carbon dioxide damage rising or falling in Iceland?
- Over the last ten years it is down 40.1%. The long-run trend across the full record is falling.
- 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 (% of GNI). Statizoid updates them automatically from the source API.
Download this data
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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.