Environmental protection in Iceland
Iceland: Environmental protection was 28.60 billion in 2022. ◆ Volatile
Environmental protection in Iceland, 2000–2022
Source: International Monetary Fund.
Analysis
Iceland recorded 28.60 billion for environmental protection in 2022. That is the highest value across all 23 years on record.
That represents a change of up 17.1% on the previous year and up 167.9% over ten years.
Over the whole period, environmental protection in Iceland peaked at 28.60 billion in 2022 and was at its lowest, 0, in 2000.
That places Iceland 23rd out of 113 countries with data for 2022, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Environmental protection in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0 | — |
| 2001 | 5.37 billion | — |
| 2002 | 5.81 billion | +8.2% |
| 2003 | 6.05 billion | +4.1% |
| 2004 | 6.70 billion | +10.6% |
| 2005 | 7.00 billion | +4.6% |
| 2006 | 7.70 billion | +9.9% |
| 2007 | 8.32 billion | +8.1% |
| 2008 | 9.90 billion | +19.0% |
| 2009 | 10.16 billion | +2.6% |
| 2010 | 10.02 billion | -1.4% |
| 2011 | 9.96 billion | -0.6% |
| 2012 | 10.68 billion | +7.1% |
| 2013 | 10.10 billion | -5.4% |
| 2014 | 12.86 billion | +27.4% |
| 2015 | 12.81 billion | -0.4% |
| 2016 | 13.89 billion | +8.4% |
| 2017 | 16.08 billion | +15.8% |
| 2018 | 18.39 billion | +14.3% |
| 2019 | 18.58 billion | +1.1% |
| 2020 | 23.53 billion | +26.6% |
| 2021 | 24.42 billion | +3.8% |
| 2022 | 28.60 billion | +17.1% |
Iceland compared with similar countries
- Iceland's 28.60 billion is above the median for high income countries, which is 2.19 billion, 13.1× the median. (55 countries reporting)
- Iceland's 28.60 billion is above the median for Europe & Central Asia, which is 5.23 billion, 5.5× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.70 billion | 0 | 10.16 billion | 10 |
| 2010s | 13.34 billion | 9.96 billion | 18.58 billion | 10 |
| 2020s | 25.52 billion | 23.53 billion | 28.60 billion | 3 |
Countries ranked near Iceland
More public sector data for Iceland
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is environmental protection in Iceland?
- Environmental protection in Iceland was 28.60 billion in 2022, according to International Monetary Fund.
- What is the highest environmental protection recorded in Iceland?
- The highest recorded value was 28.60 billion in 2022.
- What is the lowest environmental protection recorded in Iceland?
- The lowest recorded value was 0 in 2000.
- How does Iceland rank for environmental protection?
- Iceland ranks 23rd out of 113 countries with data for 2022.
- Is environmental protection rising or falling in Iceland?
- Over the last ten years it is up 167.9%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Environmental protection (Domestic Currency). Statizoid updates them automatically from the source API.
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About this data
This dataset captures government spending on environmental protection efforts such as pollution abatement, biodiversity conservation, and waste management. These expenditures are classified according to the COFOG framework (Classification of the Functions of Government).