Energy Use (kg of Oil Equivalent) Per USD 1,000 of GDP in Iceland

Source: World Bank
Last Updated: September 1, 2025

Energy use in kg of oil equivalent per usd 1,000 of gdp reached 237 kg in 2023 in Iceland, according to World Bank / EIA. This is 2.31% less than in the previous year.

Historically, energy use in kg of oil equivalent per usd 1,000 of GDP in Iceland reached an all time high of 333 kg in 1984 and an all time low of 197 kg in 2005.

Iceland has been ranked 1st within the group of 40 countries we follow in terms of energy use in kg of oil equivalent per usd 1,000 of GDP.

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