Energy productivity in Iceland
Iceland: Energy productivity was 2.27 in 2024. ▼ Falling
Latest (2024)
2.27
Change on year
down 4.6%
World rank
48th
of 48 countries
All-time high
2.92
in 2005
All-time low
1.78
in 2011
Years of data
30
1995–2024
Energy productivity in Iceland, 1995–2024
Source: Eurostat.
Analysis
The most recent figure for energy productivity in Iceland is 2.27, 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 in 2005 and was at its lowest, 1.78, in 2011.
Iceland ranks 48th of 48 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Energy productivity in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 2.71 | — |
| 1996 | 2.63 | -2.9% |
| 1997 | 2.77 | +5.0% |
| 1998 | 2.75 | -0.7% |
| 1999 | 2.55 | -7.3% |
| 2000 | 2.39 | -6.3% |
| 2001 | 2.58 | +8.1% |
| 2002 | 2.51 | -2.6% |
| 2003 | 2.57 | +2.2% |
| 2004 | 2.77 | +7.9% |
| 2005 | 2.92 | +5.3% |
| 2006 | 2.5 | -14.2% |
| 2007 | 2.31 | -7.6% |
| 2008 | 2.04 | -11.7% |
| 2009 | 1.82 | -10.8% |
| 2010 | 1.88 | +2.8% |
| 2011 | 1.78 | -5.4% |
| 2012 | 1.84 | +3.5% |
| 2013 | 1.83 | -0.3% |
| 2014 | 1.87 | +2.0% |
| 2015 | 2.01 | +7.6% |
| 2016 | 2.21 | +10.0% |
| 2017 | 2.15 | -2.7% |
| 2018 | 2.05 | -5.0% |
| 2019 | 2.15 | +4.9% |
| 2020 | 2.14 | -0.5% |
| 2021 | 2.22 | +3.9% |
| 2022 | 2.29 | +3.1% |
| 2023 | 2.38 | +4.1% |
| 2024 | 2.27 | -4.6% |
Iceland compared with similar countries
- Iceland's 2.27 is below the median for Europe & Central Asia, which is 7.21, 32% of the median. (34 countries reporting)
- Iceland's 2.27 is below the median for high income countries, which is 8.19, 28% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.68 | 2.55 | 2.77 | 5 |
| 2000s | 2.44 | 1.82 | 2.92 | 10 |
| 2010s | 1.98 | 1.78 | 2.21 | 10 |
| 2020s | 2.26 | 2.14 | 2.38 | 5 |
Countries ranked near Iceland
- 46 Bosnia and Herzegovina 2.64 compare
- 47 Kosovo* 2.47 compare
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- 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)
Frequently asked questions
- What is energy productivity in Iceland?
- Energy productivity in Iceland was 2.27 in 2024, according to Eurostat.
- What is the highest energy productivity recorded in Iceland?
- The highest recorded value was 2.92 in 2005.
- What is the lowest energy productivity recorded in Iceland?
- The lowest recorded value was 1.78 in 2011.
- How does Iceland rank for energy productivity?
- Iceland ranks 48th out of 48 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.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Eurostat).