Environmental taxes, Taxes on pollution in Iceland

Iceland: Environmental taxes, Taxes on pollution was 11.35 billion in 2022. ◆ Volatile

Latest (2022)
11.35 billion
Change on year
up 4.5%
World rank
9th
of 74 countries
All-time high
11.35 billion
in 2022
All-time low
1.35 billion
in 1995
Years of data
28
1995–2022

Environmental taxes, Taxes on pollution in Iceland, 1995–2022

2.0B4.0B6.0B8.0B10.0B12.0B1995200820221995: 1.3B1996: 1.5B1997: 1.6B1998: 2.2B1999: 2.6B2000: 2.8B2001: 3.2B2002: 1.6B2003: 2.1B2004: 2.8B2005: 3.1B2006: 3.7B2007: 4.2B2008: 4.8B2009: 5.0B2010: 5.2B2011: 5.8B2012: 5.9B2013: 6.1B2014: 6.6B2015: 7.3B2016: 8.2B2017: 9.0B2018: 9.4B2019: 10.0B2020: 10.1B2021: 10.9B2022: 11.3B

Source: International Monetary Fund.

Analysis

In 2022, environmental taxes, taxes on pollution in Iceland stood at 11.35 billion. That is the highest value across all 28 years on record.

That represents a change of up 4.5% on the previous year and up 91.3% over ten years.

Over the whole period, environmental taxes, taxes on pollution in Iceland peaked at 11.35 billion in 2022 and was at its lowest, 1.35 billion, in 1995.

Iceland ranks 9th of 74 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Environmental taxes, Taxes on pollution in Iceland, year by year

Annual values for Environmental taxes, Taxes on pollution (Domestic Currency) in Iceland, 1995 to 2022.
Year Value Change
1995 1.35 billion
1996 1.50 billion +11.6%
1997 1.62 billion +7.8%
1998 2.18 billion +34.4%
1999 2.61 billion +19.7%
2000 2.81 billion +7.6%
2001 3.20 billion +14.0%
2002 1.57 billion -50.9%
2003 2.06 billion +31.3%
2004 2.79 billion +35.5%
2005 3.06 billion +9.5%
2006 3.73 billion +21.8%
2007 4.23 billion +13.4%
2008 4.79 billion +13.3%
2009 5.00 billion +4.4%
2010 5.19 billion +3.9%
2011 5.80 billion +11.8%
2012 5.93 billion +2.2%
2013 6.07 billion +2.3%
2014 6.65 billion +9.5%
2015 7.28 billion +9.5%
2016 8.19 billion +12.5%
2017 9.03 billion +10.3%
2018 9.38 billion +3.8%
2019 9.96 billion +6.2%
2020 10.07 billion +1.1%
2021 10.86 billion +7.8%
2022 11.35 billion +4.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.85 billion 1.35 billion 2.61 billion 5
2000s 3.32 billion 1.57 billion 5.00 billion 10
2010s 7.35 billion 5.19 billion 9.96 billion 10
2020s 10.76 billion 10.07 billion 11.35 billion 3

Countries ranked near Iceland

  1. 6 China 38.63 billion compare
  2. 7 Japan 28.91 billion compare
  3. 8 Mongolia 19.22 billion compare
  4. 10 France 10.45 billion compare
  5. 11 Serbia 7.48 billion compare
  6. 12 Ukraine 7.46 billion compare

See the full ranking of 74 places →

More public sector data for Iceland

All data for Iceland →

Frequently asked questions

What is environmental taxes, taxes on pollution in Iceland?
Environmental taxes, taxes on pollution in Iceland was 11.35 billion in 2022, according to International Monetary Fund.
What is the highest environmental taxes, taxes on pollution recorded in Iceland?
The highest recorded value was 11.35 billion in 2022.
What is the lowest environmental taxes, taxes on pollution recorded in Iceland?
The lowest recorded value was 1.35 billion in 1995.
How does Iceland rank for environmental taxes, taxes on pollution?
Iceland ranks 9th out of 74 countries with data for 2022.
Is environmental taxes, taxes on pollution rising or falling in Iceland?
Over the last ten years it is up 91.3%. 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 taxes, Taxes on pollution (Domestic Currency). Statizoid updates them automatically from the source API.

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Environmental taxes, Taxes on pollution in Iceland. Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://public-sector.statizoid.com/stat/environmental-taxes-taxes-on-pollution-domestic-currency/iceland/

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About this data

Indicator
Environmental taxes, Taxes on pollution (Domestic Currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
74 places, 1,403 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.