Electricity prices components for household consumers - annual data in Iceland

Iceland: Electricity prices components for household consumers - annual data was 0.053 in 2024. ▲ Rising

Latest (2024)
0.053
Change on year
up 11.6%
World rank
32nd
of 38 countries
All-time high
0.053
in 2024
All-time low
0.0406
in 2020
Years of data
8
2017–2024

Electricity prices components for household consumers - annual data in Iceland, 2017–2024

00.020.040.062017202020242017: 0.0492018: 0.0482019: 0.0472020: 0.0412021: 0.0442022: 0.0472023: 0.0482024: 0.053

Source: Eurostat.

Analysis

Iceland recorded 0.053 for electricity prices components for household consumers - annual data in 2024. That is the highest value across all 8 years on record.

That represents a change of up 11.6% on the previous year and up 9.1% over ten years.

That places Iceland 32nd out of 38 countries with data for 2024, putting it in the bottom quarter.

Electricity prices components for household consumers - annual data in Iceland, year by year

Annual values for Electricity prices components for household consumers - annual data (from 2007 onwards) in Iceland, 2017 to 2024.
Year Value Change
2017 0.0486
2018 0.048 -1.2%
2019 0.0467 -2.7%
2020 0.0406 -13.1%
2021 0.0437 +7.6%
2022 0.0469 +7.3%
2023 0.0475 +1.3%
2024 0.053 +11.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.0478 0.0467 0.0486 3
2020s 0.0463 0.0406 0.053 5

Countries ranked near Iceland

  1. 29 Sweden 0.0639 compare
  2. 30 Norway 0.0571 compare
  3. 31 North Macedonia 0.0565 compare
  4. 33 Serbia 0.0503 compare
  5. 34 Bosnia and Herzegovina 0.0433 compare
  6. 35 Montenegro 0.0429 compare

See the full ranking of 40 places →

More economy & growth data for Iceland

All data for Iceland →

Frequently asked questions

What is electricity prices components for household consumers - annual data in Iceland?
Electricity prices components for household consumers - annual data in Iceland was 0.053 in 2024, according to Eurostat.
What is the highest electricity prices components for household consumers - annual data recorded in Iceland?
The highest recorded value was 0.053 in 2024.
What is the lowest electricity prices components for household consumers - annual data recorded in Iceland?
The lowest recorded value was 0.0406 in 2020.
How does Iceland rank for electricity prices components for household consumers - annual data?
Iceland ranks 32nd out of 38 countries with data for 2024.
Is electricity prices components for household consumers - annual data rising or falling in Iceland?
Over the last ten years it is up 9.1%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Electricity prices components for household consumers - annual data (from 2007 onwards). Statizoid updates them automatically from the source API.

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Electricity prices components for household consumers - annual data in Iceland. Statizoid, drawing on Eurostat. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/electricity-prices-components-for-household-consumers-annual-data-from-2007-onwards/iceland/

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About this data

Indicator
Electricity prices components for household consumers - annual data (from 2007 onwards)
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 352 data points, 2017–2025
Last refreshed