Energy productivity in Iceland
Iceland: Energy productivity was 2.27 Euro per kilogram of oil equivalent (KGOE) in 2024. ▼ Falling
Energy productivity in Iceland, 1995–2024
Source: Eurostat. Measured in Euro per kilogram of oil equivalent (KGOE).
Analysis
The most recent figure for energy productivity in Iceland is 2.27 Euro per kilogram of oil equivalent (KGOE), measured in 2024.
That represents a change of down 4.6% on the previous year and up 21.6% over ten years.
Over the whole period, energy productivity in Iceland peaked at 2.92 Euro per kilogram of oil equivalent (KGOE) in 2005 and was at its lowest, 1.78 Euro per kilogram of oil equivalent (KGOE), in 2011.
Iceland ranks 37th of 37 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.68 Euro per kilogram of oil equivalent (KGOE) | 2.55 Euro per kilogram of oil equivalent (KGOE) | 2.77 Euro per kilogram of oil equivalent (KGOE) | 5 |
| 2000s | 2.44 Euro per kilogram of oil equivalent (KGOE) | 1.82 Euro per kilogram of oil equivalent (KGOE) | 2.92 Euro per kilogram of oil equivalent (KGOE) | 10 |
| 2010s | 1.98 Euro per kilogram of oil equivalent (KGOE) | 1.78 Euro per kilogram of oil equivalent (KGOE) | 2.21 Euro per kilogram of oil equivalent (KGOE) | 10 |
| 2020s | 2.26 Euro per kilogram of oil equivalent (KGOE) | 2.14 Euro per kilogram of oil equivalent (KGOE) | 2.38 Euro per kilogram of oil equivalent (KGOE) | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- External balance on goods and services as a percent of GDP -2.3% (2025)
- Inflation of consumer prices 4.1% (2025)
- GDP per capita 58,910 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 8.5% (2025)
- Gross domestic product (GDP) 23.12 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 58,910 constant 2015 US$ (2025)
- DEC alternative conversion factor 128.44 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
Frequently asked questions
- What is energy productivity in Iceland?
- Energy productivity in Iceland was 2.27 Euro per kilogram of oil equivalent (KGOE) in 2024, according to Eurostat.
- What is the highest energy productivity recorded in Iceland?
- The highest recorded value was 2.92 Euro per kilogram of oil equivalent (KGOE) in 2005.
- What is the lowest energy productivity recorded in Iceland?
- The lowest recorded value was 1.78 Euro per kilogram of oil equivalent (KGOE) in 2011.
- How does Iceland rank for energy productivity?
- Iceland ranks 37th out of 37 countries with data for 2024.
- Is energy productivity rising or falling in Iceland?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is falling.
- Where does this Iceland data come from?
- The figures come from Eurostat, published as part of Energy productivity. Statizoid updates them automatically from the source API.
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CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Eurostat).