Iceland Gasoline prices, 10-Feb-2025

The current gasoline price in Iceland is ISK 315.27 per liter or USD 2.23 per liter and was updated on 10-Feb-2025. For comparison, the average price of gasoline in the world is USD 1.18 per liter.
Iceland
Gasoline prices
 Current price 2.23
 Measure USD/Liter
 Last update 2025-02-10
 Data availability from 2015-03-02
 Data frequency Weekly


We show Octane-95 gasoline price data for Iceland from 2015-03-02 to 2025-02-10. The average gasoline price during that period is ISK 247.52 per liter with a minimum of ISK 186.40 on 2016-02-22 and a maximum of ISK 345.71 on 2022-06-13. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Iceland every week.

Download data API Forecast


Gasoline prices
Price (ISK/Liter) Percent change
 Current price 315.27 -
 One month ago 313.94 0.4 %
 Three months ago 303.01 4.0 %
 One year ago 315.42 -0.0 %


Iceland Gasoline prices: The last eight weeks

Iceland Gasoline prices: The last eight weeks

Iceland Gasoline prices, liter, Icelandic Krona


Iceland Gasoline prices: Historical graph; 2015-03-02-2025-02-10
* A long flat line means that the government fixes the prices.
Iceland: Gasoline price analytics
    Value
Percent of world average gasoline price     171.59%
Correlation with crude oil prices     0.75
Percent change if oil prices increase 10%     2.61%
Correlation with USD exchange rate     -0.62
Price flexibility index: 0 (low) - 1 (high)     0.75
Correlation with diesel fuel prices     0.99
Percent of diesel price     97.24%
Cost of 40 liter tank, percent of income     1.48%
Gasoline consumption, percent of income     1.16%
Updated monthly. Methodological notes
This site uses cookies.
Learn more here


OK