Environmental taxes in Iceland

Iceland: Environmental taxes was 67.11 billion in 2022. ▲ Rising

Latest (2022)
67.11 billion
Change on year
up 27.4%
World rank
36th
of 123 countries
All-time high
67.11 billion
in 2022
All-time low
13.49 billion
in 1995
Years of data
28
1995–2022

Environmental taxes in Iceland, 1995–2022

20.0B40.0B60.0B1995200820221995: 13.5B1996: 15.5B1997: 16.4B1998: 21.9B1999: 24.3B2000: 24.9B2001: 23.3B2002: 21.8B2003: 24.7B2004: 28.4B2005: 33.5B2006: 35.2B2007: 38.2B2008: 33.6B2009: 31.4B2010: 36.8B2011: 38.6B2012: 41.8B2013: 42.1B2014: 48.0B2015: 52.2B2016: 54.9B2017: 61.4B2018: 62.9B2019: 60.1B2020: 57.6B2021: 52.7B2022: 67.1B

Source: International Monetary Fund.

Analysis

Iceland recorded 67.11 billion for environmental taxes in 2022. That is the highest value across all 28 years on record.

Compared with earlier readings it is up 27.4% on the previous year and up 60.5% over ten years.

Over the whole period, environmental taxes in Iceland peaked at 67.11 billion in 2022 and was at its lowest, 13.49 billion, in 1995.

Iceland ranks 36th of 123 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 18.31 billion 13.49 billion 24.30 billion 5
2000s 29.49 billion 21.79 billion 38.22 billion 10
2010s 49.88 billion 36.83 billion 62.85 billion 10
2020s 59.14 billion 52.67 billion 67.11 billion 3

Countries ranked near Iceland

  1. 33 Norway 81.01 billion compare
  2. 34 Poland 78.02 billion compare
  3. 35 Sri Lanka 67.58 billion compare
  4. 37 Denmark 67.11 billion compare
  5. 38 Germany 63.34 billion compare
  6. 39 Armenia 62.08 billion compare

See the full ranking of 123 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is environmental taxes in Iceland?
Environmental taxes in Iceland was 67.11 billion in 2022, according to International Monetary Fund.
What is the highest environmental taxes recorded in Iceland?
The highest recorded value was 67.11 billion in 2022.
What is the lowest environmental taxes recorded in Iceland?
The lowest recorded value was 13.49 billion in 1995.
How does Iceland rank for environmental taxes?
Iceland ranks 36th out of 123 countries with data for 2022.
Is environmental taxes rising or falling in Iceland?
Over the last ten years it is up 60.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from International Monetary Fund, published as part of Environmental taxes (Domestic Currency). Statizoid updates them automatically from the source API.

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Environmental taxes in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 22 August 2026, from https://public-sector.statizoid.com/stat/environmental-taxes-domestic-currency/iceland/

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About this data

Indicator
Environmental taxes (Domestic Currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
123 places, 2,423 data points, 1995–2022
Last refreshed

This dataset tracks government revenue from taxes imposed on activities that negatively impact the environment. These taxes are categorized into four types: energy taxes (including fuel for transport), transport taxes (excluding fuel for transport), pollution taxes, and resource taxes.