Iceland Diesel prices, 08-Jun-2026
The current price of diesel fuel in Iceland is ISK 255.64 per liter or USD 2.06 per liter based on the latest update from 08-Jun-2026.
For comparison, the world average diesel price is USD 1.48 per liter.
Iceland |
Diesel prices |
|---|---|
| Current price | 2.06 |
| Measure | USD/Liter |
| Last update | 2026-06-08 |
| Data availability from | 2016-06-27 |
| Data frequency | Weekly |
We show diesel price data for Iceland
from 2016-06-27 to 2026-06-08.
The average diesel price during that period is ISK 254.92
per liter with a minimum of
ISK 176.80 on 2017-06-19 and a maximum of
ISK 341.98 on 2022-07-04.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Iceland every week.
Diesel prices |
Price (ISK/Liter) | Percent change |
|---|---|---|
| Current price | 255.64 | - |
| One month ago | 258.63 | -1.2 % |
| Three months ago | 232.85 | 9.8 % |
| One year ago | 316.00 | -19.1 % |
Iceland Diesel prices: The last eight weeks
Iceland Diesel prices, liter, Icelandic Krona
* A long flat line means that the government fixes the prices.
Iceland: Diesel price analytics |
Value |
|---|---|
| Percent of world average diesel price | 136.05% |
| Correlation with crude oil prices | 0.35 |
| Percent change if oil prices increase 10% | 2.47% |
| Correlation with USD exchange rate | -0.60 |
| Price flexibility index: 0 (low) - 1 (high) | 0.81 |
| Correlation with gasoline prices | 0.97 |
| Percent of gasoline price | 108.13% |
| Cost of 40 liter tank, percent of income | 1.18% |
| Diesel consumption, percent of income | 0.93% |
Updated monthly. Methodological notes
Fuel price trends after the start of the Iran war
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