Electricity demand — all countries

Electricity demand — Iceland

Electricity demand in Iceland in 2024 — 19.05 TWh. Ranked 87 in the world out of 196. Since 2000, the indicator has risen by 150.3%.

2024 19.05 TWh −3.84% vs 2023
World rank 87of 196
Period maximum 19.87 TWh2022
Period minimum 7.61 TWh2000

Trend over time

2000–2024 · terawatt-hours

Electricity demand — Iceland, 2000–202451015202000200320062009201220152018202120242000: 7.61 TWh2001: 7.96 TWh2002: 8.35 TWh2003: 8.44 TWh2004: 8.54 TWh2005: 8.61 TWh2006: 9.85 TWh2007: 11.89 TWh2008: 16.34 TWh2009: 16.71 TWh2010: 16.74 TWh2011: 16.85 TWh2012: 17.29 TWh2013: 17.99 TWh2014: 17.8 TWh2015: 18.55 TWh2016: 18.17 TWh2017: 19.07 TWh2018: 19.69 TWh2019: 19.36 TWh2020: 18.89 TWh2021: 19.39 TWh2022: 19.87 TWh2023: 19.81 TWh2024: 19.05 TWh
Change over the period: +11.44 (+150.33%) Average annual rate: 3.9 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Iceland

Iceland 19.05 TWh
World computed 30,797.89 TWh
Europe & Central Asia computed 5,270.14 TWh
Northern Europe computed 804.58 TWh
High-income countries computed 12,964.76 TWh
Electricity demand — Iceland, by year Iceland All countries CSV XLSX
Year TWh Change Change, %
2024 19.05 −0.76 −3.84%
2023 19.81 −0.06 −0.3%
2022 19.87 +0.48 +2.48%
2021 19.39 +0.5 +2.65%
2020 18.89 −0.47 −2.43%
2019 19.36 −0.33 −1.68%
2018 19.69 +0.62 +3.25%
2017 19.07 +0.9 +4.95%
2016 18.17 −0.38 −2.05%
2015 18.55 +0.75 +4.21%
2014 17.8 −0.19 −1.06%
2013 17.99 +0.7 +4.05%
2012 17.29 +0.44 +2.61%
2011 16.85 +0.11 +0.66%
2010 16.74 +0.03 +0.18%
2009 16.71 +0.37 +2.26%
2008 16.34 +4.45 +37.43%
2007 11.89 +2.04 +20.71%
2006 9.85 +1.24 +14.4%
2005 8.61 +0.07 +0.82%
2004 8.54 +0.1 +1.18%
2003 8.44 +0.09 +1.08%
2002 8.35 +0.39 +4.9%
2001 7.96 +0.35 +4.6%
2000 7.61

About the indicator

Electricity consumption inside a country over the year: generation plus imports, minus exports and losses. The difference from generation can be decisive: a country may consume noticeably more than it produces if it buys electricity from its neighbors — that is how Italy and a dozen small European states live. The reverse case is exporters such as Paraguay, whose generation is a multiple of its own demand.

Important: Demand is lower than generation by the amount of network losses and the plants' own use, but higher than generation in importing countries. The series starts in 2000.

Source: Yearly Electricity Data (Ember), license CC BY 4.0.