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Iceland Energy Use per Capita

Energy use per capita  EG.USE.PCAP.KG.OE

Iceland's energy use per capita was 15,089 in 2025, ranked 2nd globally. This represents a 3.8% decrease from 2024. Data from World Bank, covering 1990–2025.

15,089 −597 (-3.8%)
Year 2025 Rank #2 Global Peak 18,213 (2013) Source World Bank

Iceland Energy Use per Capita (1990–2025)

Overview

Iceland's energy use per capita stood at 15,089 in 2025, a decline of +597 from 2023. Based on recent trends, this figure is projected to reach 15,089 by 2025. Iceland ranked 2nd globally.

Iceland's energy use per capita has experienced significant fluctuations over the past three and a half decades, with the country's record high of 18,212.73 in 2013 being nearly double its all-time low of 7,916.88 in 1992. In the intervening period, Iceland's energy use per capita grew steadily, reaching a peak in 2013, before experiencing a decline, which has continued through to 2025, with a value of 15,088.62. This decline from the peak is largely in line with the global trend, with Iceland ranking second globally in 2025. A notable comparison can be made with Qatar, which ranked first globally in 2025 with a value of 17,324.73. The Icelandic energy use per capita has been influenced by the country's hydroelectric and geothermal power generation, which has reduced its reliance on imported fossil fuels. However, a shift towards renewable energy sources and increased energy efficiency could continue to drive a decline in energy use per capita in Iceland.

Data & projection

Year Energy Use per Capita YoY change Rank
2026* trend 14,858 - -
2025* trend 15,089 - -
2025 15,089 −597 #2
2023 15,686 −121 #71
2022 15,807 +27 #147
2021 15,780 −304 #147
2020 16,084 −617 #148
2019 16,701 −646 #148
2018 17,347 +1,112 #148
2017 16,235 +534 #147
2016 15,701 −1,209 #148
2015 16,911 −1,036 #148
2014 17,947 −266 #149
2013 18,213 +579 #148
2012 17,634 −528 #148
2011 18,162 +1,137 #148
2010 17,025 −912 #148
Show all years (1990-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.3% GDP growth 6.2% C/A balance 9.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw energy use per capita improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's energy use per capita?▾

Iceland's energy use per capita was 15,089 in 2025. Ranked 2nd globally. This represents a 3.8% decrease from the previous year.

What was the highest energy use per capita in Iceland?▾

Iceland's energy use per capita peaked at 18,213 in 2013.

What was the lowest energy use per capita in Iceland?▾

The lowest energy use per capita in Iceland was 7,917 in 1992.

How does Iceland rank in energy use per capita?▾

Iceland ranks 2nd globally in energy use per capita as of 2025.

What is the World Bank indicator code for energy use per capita?▾

The World Bank indicator code is EG.USE.PCAP.KG.OE. Data sourced from World Bank.

What is the projected energy use per capita of Iceland in 2025?▾

Iceland's energy use per capita is projected to reach 15,089 by 2025 based on trend extrapolation.

What is the energy use per capita of Iceland in 2025?▾

The energy use per capita of Iceland in 2025 was 15,089. This ranks 2nd in the world.

Cite this page

APA
Iceland Energy Use per Capita. HistorySaid. Retrieved November 9, 2026, from https://historysaid.com/iceland/energy-per-capita/
BibTeX
@misc{historysaid_iceland_energy-per-capita, title = {Iceland Energy Use per Capita}, url = {https://historysaid.com/iceland/energy-per-capita/}, publisher = {HistorySaid}, year = {2026} }
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