Iceland Gasoline prices, 26-Oct-2026

Name: Iceland gasoline prices, 26-Oct-2026 | GlobalPetrolPrices.com
Creator: Globalen LLC
License: https://creativecommons.org/licenses/by/4.0
Keywords: Iceland gasoline prices, 26-Oct-2026

The current gasoline price in Iceland is ISK 276.01 per liter or USD 2.25 per liter and was updated on 26-Oct-2026. For comparison, the average price of gasoline in the world is USD 1.46 per liter.

Iceland	Gasoline prices
Current price	2.25
Measure	USD/Liter
Last update	2026-10-26
Data availability from	2016-11-14
Data frequency	Weekly

We show Octane-95 gasoline price data for Iceland from 2016-11-14 to 2026-10-26. The average gasoline price during that period is ISK 258.59 per liter with a minimum of ISK 190.30 on 2017-06-19 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	276.01	-
One month ago	271.77	1.6 %
Three months ago	216.72	27.4 %
One year ago	299.72	-7.9 %

Iceland Gasoline prices: The last eight weeks

Iceland Gasoline prices, liter, Icelandic Krona

Iceland Gasoline prices: Historical graph; 2016-11-14-2026-10-26

* A long flat line means that the government fixes the prices.

Iceland: Gasoline price analytics	Value
Percent of world average gasoline price	110.64%
Correlation with crude oil prices	0.25
Correlation with USD exchange rate	-0.72
Price flexibility index: 0 (low) - 1 (high)	0.75
Correlation with diesel fuel prices	0.94
Percent of diesel price	91.79%
Cost of 40 liter tank, percent of income	1.14%
Gasoline consumption, percent of income	0.90%