Environmentally related tax revenue accounts in Iceland
Iceland: Environmentally related tax revenue accounts was 488 US dollar in 2019. ◆ Volatile
Environmentally related tax revenue accounts in Iceland, 1995–2019
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2019, environmentally related tax revenue accounts in Iceland stood at 488 US dollar.
The figure is down 12.1% on the previous year and up 103.3% over ten years.
Over the whole period, environmentally related tax revenue accounts in Iceland peaked at 578 US dollar in 2007 and was at its lowest, 4 US dollar, in 1995.
Iceland ranks 24th of 27 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Environmentally related tax revenue accounts in Iceland, year by year
| Year | US dollar | Change |
|---|---|---|
| 1995 | 4 US dollar | — |
| 1996 | 4 US dollar | +0.0% |
| 1997 | 4 US dollar | +0.0% |
| 1998 | 116 US dollar | +2800.0% |
| 1999 | 126 US dollar | +8.6% |
| 2000 | 122 US dollar | -3.2% |
| 2001 | 99 US dollar | -18.9% |
| 2002 | 105 US dollar | +6.1% |
| 2003 | 133 US dollar | +26.7% |
| 2004 | 161 US dollar | +21.1% |
| 2005 | 213 US dollar | +32.3% |
| 2006 | 257 US dollar | +20.7% |
| 2007 | 578 US dollar | +124.9% |
| 2008 | 363 US dollar | -37.2% |
| 2009 | 240 US dollar | -33.9% |
| 2010 | 296 US dollar | +23.3% |
| 2011 | 331 US dollar | +11.8% |
| 2012 | 336 US dollar | +1.5% |
| 2013 | 343 US dollar | +2.1% |
| 2014 | 379 US dollar | +10.5% |
| 2015 | 373 US dollar | -1.6% |
| 2016 | 426 US dollar | +14.2% |
| 2017 | 544 US dollar | +27.7% |
| 2018 | 555 US dollar | +2.0% |
| 2019 | 488 US dollar | -12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 50.8 US dollar | 4 US dollar | 126 US dollar | 5 |
| 2000s | 227.1 US dollar | 99 US dollar | 578 US dollar | 10 |
| 2010s | 407.1 US dollar | 296 US dollar | 555 US dollar | 10 |
Countries ranked near Iceland
- 21 Serbia 2,454 US dollar compare
- 22 Luxembourg 1,000 US dollar compare
- 23 Cyprus 642 US dollar compare
- 25 Malta 302 US dollar compare
- 26 North Macedonia 280 US dollar compare
- 27 Liechtenstein 44 US dollar 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)
- Services, value added (current US$), annual growth rate 17.85 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6623 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 65,116 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.72 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 85.06 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 8.36 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.16 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.3978 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is environmentally related tax revenue accounts in Iceland?
- Environmentally related tax revenue accounts in Iceland was 488 US dollar in 2019, according to Organisation for Economic Co-operation and Development.
- What is the highest environmentally related tax revenue accounts recorded in Iceland?
- The highest recorded value was 578 US dollar in 2007.
- What is the lowest environmentally related tax revenue accounts recorded in Iceland?
- The lowest recorded value was 4 US dollar in 1995.
- How does Iceland rank for environmentally related tax revenue accounts?
- Iceland ranks 24th out of 27 countries with data for 2019.
- Is environmentally related tax revenue accounts rising or falling in Iceland?
- Over the last ten years it is up 103.3%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Environmentally related tax revenue accounts. Statizoid updates them automatically from the source API.
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About this data
This dataset presents the data collected from OECD and partner economies on environmentally related tax revenue accounts with a breakdown by tax-base category and industrial activity. Taxes levied on greenhouse gas (GHG) emissions are explicitly reported in two sub-categories: an energy related part (recorded as an energy tax) and a non-energy related part, such as certain GHG emissions related to landfills or agriculture (recorded as a pollution tax). Four "memo items" (i.e. information items that do not change the total) are included: (i) Certain land taxes; (ii) Taxes on oil and natural gas extraction; (iii) Taxes on the resource rent; (iv) Elevated value added taxes levied on environmentally related tax-bases. The OECD ERTR accounts are consistent with the existing data collection by Eurostat and are in line with the System of Environmental-Economic Accounting - Central Framework (SEEA-CF). The dataset is updated on a biennial basis. For EU countries, it includes the information on ERTR accounts reported to Eurostat. Dataset release date: 2026 July Contact: ENV.Stat@oecd.org For further details on the dataset consult: OECD (2023), Methodological Guidelines for Environmentally Related Tax Revenue Accounts, OECD Publishing, Paris, https://doi.org/10.1787/d752d120-en.