Environmental tax revenues in Iceland

Iceland: Environmental tax revenues was 540.58 Million euro in 2024. ▲ Rising

Latest (2024)
540.58 Million euro
Change on year
up 4.3%
World rank
37th
of 39 countries
All-time high
540.58 Million euro
in 2024
All-time low
126.19 Million euro
in 1995
Years of data
30
1995–2024

Environmental tax revenues in Iceland, 1995–2024

1002003004005001995200920241995: 126.2 Million euro1996: 142.4 Million euro1997: 160.6 Million euro1998: 259.1 Million euro1999: 298.8 Million euro2000: 324.3 Million euro2001: 248.8 Million euro2002: 253.8 Million euro2003: 286.2 Million euro2004: 327.6 Million euro2005: 430.8 Million euro2006: 402.8 Million euro2007: 438.4 Million euro2008: 234.8 Million euro2009: 182.9 Million euro2010: 230 Million euro2011: 242.3 Million euro2012: 264 Million euro2013: 260.9 Million euro2014: 288.4 Million euro2015: 336.9 Million euro2016: 387.1 Million euro2017: 482.3 Million euro2018: 470.4 Million euro2019: 442.8 Million euro2020: 381.5 Million euro2021: 367.9 Million euro2022: 489.1 Million euro2023: 518.2 Million euro2024: 540.6 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

In 2024, environmental tax revenues in Iceland stood at 540.58 Million euro. That is the highest value across all 30 years on record.

That represents a change of up 4.3% on the previous year and up 87.4% over ten years.

Over the whole period, environmental tax revenues in Iceland peaked at 540.58 Million euro in 2024 and was at its lowest, 126.19 Million euro, in 1995.

Iceland ranks 37th of 39 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 30 years of available data.

Environmental tax revenues in Iceland, year by year

Annual values for Environmental tax revenues in Iceland, 1995 to 2024.
Year Million euro Change
1995 126.19 Million euro —
1996 142.38 Million euro +12.8%
1997 160.6 Million euro +12.8%
1998 259.06 Million euro +61.3%
1999 298.8 Million euro +15.3%
2000 324.27 Million euro +8.5%
2001 248.83 Million euro -23.3%
2002 253.84 Million euro +2.0%
2003 286.18 Million euro +12.7%
2004 327.55 Million euro +14.5%
2005 430.81 Million euro +31.5%
2006 402.83 Million euro -6.5%
2007 438.41 Million euro +8.8%
2008 234.79 Million euro -46.4%
2009 182.94 Million euro -22.1%
2010 229.97 Million euro +25.7%
2011 242.3 Million euro +5.4%
2012 263.98 Million euro +8.9%
2013 260.92 Million euro -1.2%
2014 288.44 Million euro +10.5%
2015 336.91 Million euro +16.8%
2016 387.13 Million euro +14.9%
2017 482.32 Million euro +24.6%
2018 470.44 Million euro -2.5%
2019 442.78 Million euro -5.9%
2020 381.5 Million euro -13.8%
2021 367.87 Million euro -3.6%
2022 489.06 Million euro +32.9%
2023 518.21 Million euro +6.0%
2024 540.58 Million euro +4.3%

Iceland compared with similar countries

  • Iceland's 540.58 Million euro is below the median for Europe & Central Asia, which is 5,931 Million euro, 9% of the median. (30 countries reporting)
  • Iceland's 540.58 Million euro is below the median for high income countries, which is 5,855 Million euro, 9% of the median. (31 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 197.41 Million euro 126.19 Million euro 298.8 Million euro 5
2000s 313.04 Million euro 182.94 Million euro 438.41 Million euro 10
2010s 340.52 Million euro 229.97 Million euro 482.32 Million euro 10
2020s 459.44 Million euro 367.87 Million euro 540.58 Million euro 5

Countries ranked near Iceland

  1. 34 Latvia 1,009 Million euro compare
  2. 34 Latvia 1,009 Million euro compare
  3. 36 Cyprus 718 Million euro compare
  4. 38 Malta 312.5 Million euro compare
  5. 39 Liechtenstein 41.33 Million euro compare

See the full ranking of 40 places →

More environment data for Iceland

All data for Iceland →

Frequently asked questions

What is environmental tax revenues in Iceland?
Environmental tax revenues in Iceland was 540.58 Million euro in 2024, according to Eurostat.
What is the highest environmental tax revenues recorded in Iceland?
The highest recorded value was 540.58 Million euro in 2024.
What is the lowest environmental tax revenues recorded in Iceland?
The lowest recorded value was 126.19 Million euro in 1995.
How does Iceland rank for environmental tax revenues?
Iceland ranks 37th out of 39 countries with data for 2024.
Is environmental tax revenues rising or falling in Iceland?
Over the last ten years it is up 87.4%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from Eurostat, published as part of Environmental tax revenues. Statizoid updates them automatically from the source API.

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Environmental tax revenues in Iceland. Statizoid, drawing on Eurostat. Retrieved 02 October 2026, from https://environment.statizoid.com/stat/environmental-tax-revenues/iceland/

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About this data

Indicator
Environmental tax revenues
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
40 places, 1,186 data points, 1995–2024
Last refreshed