Getting electricity: Cost to get electricity in Iceland
Iceland: Getting electricity: Cost to get electricity was 10.3% in 2019. ▬ Flat
Getting electricity: Cost to get electricity in Iceland, 2009–2019
Source: World Bank. Measured in % of income per capita.
Analysis
The most recent figure for getting electricity: cost to get electricity in Iceland is 10.3%, measured in 2019.
The figure is up 10.8% on the previous year and up 18.4% over ten years.
Over the whole period, getting electricity: cost to get electricity in Iceland peaked at 14.9% in 2012 and was at its lowest, 6.6%, in 2010.
That places Iceland 179th out of 189 countries with data for 2019, putting it in the bottom quarter.
Getting electricity: Cost to get electricity in Iceland, year by year
| Year | % of income per capita | Change |
|---|---|---|
| 2009 | 8.7% | — |
| 2010 | 6.6% | -24.1% |
| 2011 | 13.6% | +106.1% |
| 2012 | 14.9% | +9.6% |
| 2013 | 14.3% | -4.0% |
| 2014 | 13.0% | -9.1% |
| 2015 | 11.7% | -10.0% |
| 2016 | 10.6% | -9.4% |
| 2017 | 9.4% | -11.3% |
| 2018 | 9.3% | -1.1% |
| 2019 | 10.3% | +10.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.7% | 8.7% | 8.7% | 1 |
| 2010s | 11.4% | 6.6% | 14.9% | 10 |
Countries ranked near Iceland
More private sector data for Iceland
- Merchandise trade 46.9% (2025)
- Food imports 11.1% (2025)
- Manufactures imports 71.1% (2025)
- Merchandise imports 10.94 billion current US$ (2025)
- Food exports 46.9% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 7.17 billion current US$ (2025)
- Merchandise exports (current US$), per capita 18,264 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1858 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is getting electricity: cost to get electricity in Iceland?
- Getting electricity: cost to get electricity in Iceland was 10.3% in 2019, according to the World Bank.
- What is the highest getting electricity: cost to get electricity recorded in Iceland?
- The highest recorded value was 14.9% in 2012.
- What is the lowest getting electricity: cost to get electricity recorded in Iceland?
- The lowest recorded value was 6.6% in 2010.
- How does Iceland rank for getting electricity: cost to get electricity?
- Iceland ranks 179th out of 189 countries with data for 2019.
- Is getting electricity: cost to get electricity rising or falling in Iceland?
- Over the last ten years it is up 18.4%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from the World Bank, published as part of Getting electricity: Cost to get electricity (% of income per capita). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The cost is the total median cost associated with completing the procedures to connect a warehouse to electricity. It is calculated as a percentage of income per capita. All the fees and costs associated with completing the procedures to connect a warehouse to electricity are recorded, including those related to obtaining clearances from government agencies, applying for the connection, receiving inspections of both the site and the internal wiring, purchasing material, getting the actual connection works and paying a security deposit. Bribes are not included.