Annual change in primary energy from oil in Iceland

Iceland: Annual change in primary energy from oil was 0.0782 terawatt-hours in 2025. ◆ Volatile

Latest (2025)
0.0782 terawatt-hours
Change on year
down 73.4%
World rank
44th
of 80 countries
All-time high
2.27 terawatt-hours
in 2022
All-time low
-4.01 terawatt-hours
in 2010
Years of data
60
1966–2025

Annual change in primary energy from oil in Iceland, 1966–2025

-4-202196619952025

Source: Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data. Measured in terawatt-hours.

Analysis

In 2025, annual change in primary energy from oil in Iceland stood at 0.0782 terawatt-hours.

The figure is down 73.4% on the previous year and down 89.9% over ten years.

Over the whole period, annual change in primary energy from oil in Iceland peaked at 2.27 terawatt-hours in 2022 and was at its lowest, -4.01 terawatt-hours, in 2010.

That places Iceland 44th out of 80 countries with data for 2025, putting it in the middle of the range.

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

Annual change in primary energy from oil in Iceland, year by year

Annual values for Annual change in primary energy from oil in Iceland, 1966 to 2025.
Year terawatt-hours Change
1966 0.4387 terawatt-hours
1967 -0.1796 terawatt-hours -140.9%
1968 0.3978 terawatt-hours -321.5%
1969 -0.5198 terawatt-hours -230.7%
1970 0.1261 terawatt-hours -124.3%
1971 0.5241 terawatt-hours +315.5%
1972 0.4572 terawatt-hours -12.8%
1973 1.08 terawatt-hours +136.8%
1974 -0.5297 terawatt-hours -148.9%
1975 -0.4496 terawatt-hours -15.1%
1976 0.0327 terawatt-hours -107.3%
1977 0.3206 terawatt-hours +881.3%
1978 0.393 terawatt-hours +22.6%
1979 -0.2238 terawatt-hours -157.0%
1980 -0.5206 terawatt-hours +132.6%
1981 -0.1669 terawatt-hours -67.9%
1982 -0.5853 terawatt-hours +250.7%
1983 -0.1763 terawatt-hours -69.9%
1984 0.2621 terawatt-hours -248.7%
1985 -0.0213 terawatt-hours -108.1%
1986 0.0902 terawatt-hours -523.2%
1987 0.5182 terawatt-hours +474.4%
1988 0.3124 terawatt-hours -39.7%
1989 0.5014 terawatt-hours +60.5%
1990 0.4942 terawatt-hours -1.4%
1991 -0.4244 terawatt-hours -185.9%
1992 0.6485 terawatt-hours -252.8%
1993 0.2289 terawatt-hours -64.7%
1994 0.024 terawatt-hours -89.5%
1995 0.3193 terawatt-hours +1230.9%
1996 0.4029 terawatt-hours +26.2%
1997 0.4401 terawatt-hours +9.2%
1998 0.3859 terawatt-hours -12.3%
1999 0.3222 terawatt-hours -16.5%
2000 0.0658 terawatt-hours -79.6%
2001 -0.5043 terawatt-hours -866.4%
2002 0.466 terawatt-hours -192.4%
2003 -0.1628 terawatt-hours -134.9%
2004 0.6915 terawatt-hours -524.7%
2005 -0.2268 terawatt-hours -132.8%
2006 0.8971 terawatt-hours -495.6%
2007 0.1719 terawatt-hours -80.8%
2008 1.15 terawatt-hours +570.0%
2009 -0.5848 terawatt-hours -150.8%
2010 -4.01 terawatt-hours +584.9%
2011 -0.1519 terawatt-hours -96.2%
2012 -0.1019 terawatt-hours -32.9%
2013 0.3495 terawatt-hours -442.8%
2014 0.4374 terawatt-hours +25.2%
2015 0.773 terawatt-hours +76.7%
2016 1.03 terawatt-hours +32.7%
2017 1.16 terawatt-hours +12.8%
2018 1.12 terawatt-hours -3.0%
2019 -2.01 terawatt-hours -279.0%
2020 -3.8 terawatt-hours +89.2%
2021 1.25 terawatt-hours -132.8%
2022 2.27 terawatt-hours +81.9%
2023 0.5011 terawatt-hours -77.9%
2024 0.2941 terawatt-hours -41.3%
2025 0.0782 terawatt-hours -73.4%

Iceland compared with similar countries

  • Iceland's 0.0782 terawatt-hours is above the median for high income countries, which is -0.1787 terawatt-hours. (47 countries reporting)
  • Iceland's 0.0782 terawatt-hours is above the median for Europe & Central Asia, which is 0.0508 terawatt-hours, 1.5× the median. (39 countries reporting)

Biggest year-on-year movements

Years where Annual change in primary energy from oil in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1995 +1230.9% 0.024 terawatt-hours 0.3193 terawatt-hours

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0343 terawatt-hours -0.5198 terawatt-hours 0.4387 terawatt-hours 4
1970s 0.1733 terawatt-hours -0.5297 terawatt-hours 1.08 terawatt-hours 10
1980s 0.0214 terawatt-hours -0.5853 terawatt-hours 0.5182 terawatt-hours 10
1990s 0.2842 terawatt-hours -0.4244 terawatt-hours 0.6485 terawatt-hours 10
2000s 0.1965 terawatt-hours -0.5848 terawatt-hours 1.15 terawatt-hours 10
2010s -0.1404 terawatt-hours -4.01 terawatt-hours 1.16 terawatt-hours 10
2020s 0.0973 terawatt-hours -3.8 terawatt-hours 2.27 terawatt-hours 6

Countries ranked near Iceland

  1. 41 Bulgaria 0.1667 terawatt-hours compare
  2. 42 Uzbekistan 0.1435 terawatt-hours compare
  3. 43 Portugal 0.1082 terawatt-hours compare
  4. 45 Belarus 0.0508 terawatt-hours compare
  5. 46 Egypt 0.0286 terawatt-hours compare
  6. 47 India 0.0122 terawatt-hours compare

See the full ranking of 82 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is annual change in primary energy from oil in Iceland?
Annual change in primary energy from oil in Iceland was 0.0782 terawatt-hours in 2025, according to Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data.
What is the highest annual change in primary energy from oil recorded in Iceland?
The highest recorded value was 2.27 terawatt-hours in 2022.
What is the lowest annual change in primary energy from oil recorded in Iceland?
The lowest recorded value was -4.01 terawatt-hours in 2010.
How does Iceland rank for annual change in primary energy from oil?
Iceland ranks 44th out of 80 countries with data for 2025.
Is annual change in primary energy from oil rising or falling in Iceland?
Over the last ten years it is down 89.9%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data, published as part of Annual change in primary energy from oil. Statizoid updates them automatically from the source API.

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Annual change in primary energy from oil in Iceland. Statizoid, drawing on Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/annual-change-oil/iceland/

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About this data

Indicator
Annual change in primary energy from oil
Unit
terawatt-hours
Source
Energy Institute – Statistical Review of World Energy (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
82 places, 4,598 data points, 1966–2025
Last refreshed

Change in total energy supply relative to the previous year, measured in terawatt-hours.