Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€2.10 Current
€2.11 Average
per litre
*Average Fuel Price based on the previous 12 months data
Highest
price
€2.48
per litre
04-07-2022
Data Collected 12-08-2025
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Fast Facts - 12-08-2025
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.72/lt
€0.01
2.02,2.07,2.04,2.08,2.16,2.15,2.13,2.14,2.10,2.13,2.14,2.10
Lowest
€1.31/lt
04-05-2020
Highest
€2.48/lt
04-07-2022
IS
Average
price
since 2017
€1.72/lt
12 month
change
€0.01

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
Aug , 2025

€ 2.22

€ 2.10

Jul , 2025

€ 2.24

€ 2.14

Jun , 2025

€ 2.20

€ 2.13

May , 2025

€ 2.19

€ 2.10

Apr , 2025

€ 2.22

€ 2.14

Mar , 2025

€ 2.23

€ 2.13

Feb , 2025

€ 2.22

€ 2.15

Jan , 2025

€ 2.21

€ 2.16

Dec , 2024

€ 2.11

€ 2.08

Nov , 2024

€ 2.08

€ 2.04

Oct , 2024

€ 2.09

€ 2.07

Sep , 2024

€ 2.03

€ 2.02

Month, YearDiesel €/ltrUnleaded €/ltr
Aug , 2025 2.22 2.10
Jul , 2025 2.24 2.14
Jun , 2025 2.20 2.13
May , 2025 2.19 2.10
Apr , 2025 2.22 2.14
Mar , 2025 2.23 2.13
Feb , 2025 2.22 2.15
Jan , 2025 2.21 2.16
Dec , 2024 2.11 2.08
Nov , 2024 2.08 2.04
Oct , 2024 2.09 2.07
Sep , 2024 2.03 2.02


Unleaded

#DatePriceCompare value
1August, 2025€2.10
€-0.04
2July, 2025€2.14
€0.01
3June, 2025€2.13
€0.03
4May, 2025€2.10
€-0.04
5April, 2025€2.14
€0.01
6March, 2025€2.13
€-0.02
7February, 2025€2.15
€-0.01
8January, 2025€2.16
€0.08
9December, 2024€2.08
€0.04
10November, 2024€2.04
€-0.03
11October, 2024€2.07
€0.05
12September, 2024€2.02
€-0.07
13August, 2024€2.09
€-0.02
14July, 2024€2.11
€0.01
15June, 2024€2.10
€0.00
16May, 2024€2.10
€0.01
17April, 2024€2.09
€-0.03
18March, 2024€2.12
€-0.01
19February, 2024€2.13
€0.03
20January, 2024€2.10
€0.03
21December, 2023€2.07
€-0.01
22November, 2023€2.08
€-0.12
23October, 2023€2.20
€0.00
24September, 2023€2.20
€0.07
25August, 2023€2.13
€0.04
26July, 2023€2.09
€0.02
27June, 2023€2.07
€0.01
28May, 2023€2.06
€-0.09
29April, 2023€2.15
€0.00
30March, 2023€2.15
€0.03
31February, 2023€2.12
€0.04
32January, 2023€2.08
€-0.07
33December, 2022€2.15
€-0.08
34November, 2022€2.23
€-0.02
35October, 2022€2.25
€-0.01
36September, 2022€2.26
€-0.15
37August, 2022€2.41
€-0.07
38July, 2022€2.48
€0.12
39June, 2022€2.36
€0.14
40May, 2022€2.22
€0.12
41April, 2022€2.10
€0.04
42March, 2022€2.06
€0.09
43February, 2022€1.97
€0.08
44January, 2022€1.89
€0.13
45December, 2021€1.76
€-0.03
46November, 2021€1.79
€0.03
47October, 2021€1.76
€0.07
48September, 2021€1.69
€0.02
49August, 2021€1.67
€0.01
50July, 2021€1.66
€0.01
51June, 2021€1.65
€0.06
52May, 2021€1.59
€0.02
53April, 2021€1.57
€-0.01
54March, 2021€1.58
€0.08
55February, 2021€1.50
€0.06
56January, 2021€1.44
€0.04
57December, 2020€1.40
€0.04
58November, 2020€1.36
€0.05
59October, 2020€1.31
€-0.03
60September, 2020€1.34
€0.02
61August, 2020€1.32
€-0.03
62July, 2020€1.35
€-0.06
63June, 2020€1.41
€0.05
64May, 2020€1.36
€0.04
65April, 2020€1.32
€-0.12
66March, 2020€1.44
€-0.25
67February, 2020€1.69
€-0.03
68January, 2020€1.72
€-0.03
69December, 2019€1.75
€0.01
70November, 2019€1.74
€0.03
71October, 2019€1.71
€-0.04
72September, 2019€1.75
€0.08
73August, 2019€1.67
€-0.08
74July, 2019€1.75
€0.08
75June, 2019€1.67
€-0.08
76May, 2019€1.75
€0.08
77April, 2019€1.67
€0.08
78March, 2019€1.59
€0.01
79February, 2019€1.58
€0.03
80January, 2019€1.55
€-0.01
81December, 2018€1.56
€-0.02
82November, 2018€1.58
€-0.10
83October, 2018€1.68
€-0.12
84September, 2018€1.80
€-0.04
85August, 2018€1.84
€0.02
86July, 2018€1.82
€0.01
87June, 2018€1.81
€-0.03
88May, 2018€1.84
€0.07
89April, 2018€1.77
€-0.34
90March, 2018€2.11
€0.42
91February, 2018€1.69
€0.01
92January, 2018€1.68
€0.03
93December, 2017€1.65
€-0.01
94November, 2017€1.66
N/A


Diesel

#DatePriceCompare value
1August, 2025€2.22
€-0.02
2July, 2025€2.24
€0.04
3June, 2025€2.20
€0.01
4May, 2025€2.19
€-0.03
5April, 2025€2.22
€-0.01
6March, 2025€2.23
€0.01
7February, 2025€2.22
€0.01
8January, 2025€2.21
€0.10
9December, 2024€2.11
€0.03
10November, 2024€2.08
€-0.01
11October, 2024€2.09
€0.06
12September, 2024€2.03
€-0.07
13August, 2024€2.10
€-0.02
14July, 2024€2.12
€0.01
15June, 2024€2.11
€-0.22
16May, 2024€2.33
€0.18
17April, 2024€2.15
€-0.02
18March, 2024€2.17
€0.00
19February, 2024€2.17
€0.05
20January, 2024€2.12
€0.03
21December, 2023€2.09
€-0.03
22November, 2023€2.12
€-0.05
23October, 2023€2.17
€0.00
24September, 2023€2.17
€0.05
25August, 2023€2.12
€0.04
26July, 2023€2.08
€0.03
27June, 2023€2.05
€0.01
28May, 2023€2.04
€-0.13
29April, 2023€2.17
€-0.02
30March, 2023€2.19
€0.04
31February, 2023€2.15
€0.01
32January, 2023€2.14
€-0.06
33December, 2022€2.20
€-0.07
34November, 2022€2.27
€0.03
35October, 2022€2.24
€-0.04
36September, 2022€2.28
€-0.10
37August, 2022€2.38
€-0.07
38July, 2022€2.45
€0.15
39June, 2022€2.30
€0.08
40May, 2022€2.22
€0.11
41April, 2022€2.11
€0.05
42March, 2022€2.06
€0.19
43February, 2022€1.87
€0.06
44January, 2022€1.81
€0.14
45December, 2021€1.67
€-0.02
46November, 2021€1.69
€0.03
47October, 2021€1.66
€0.07
48September, 2021€1.59
€0.04
49August, 2021€1.55
€0.00
50July, 2021€1.55
€0.00
51June, 2021€1.55
€0.04
52May, 2021€1.51
€0.04
53April, 2021€1.47
€-0.02
54March, 2021€1.49
€0.07
55February, 2021€1.42
€0.05
56January, 2021€1.37
€0.02
57December, 2020€1.35
€0.05
58November, 2020€1.30
€0.05
59October, 2020€1.25
€-0.03
60September, 2020€1.28
€0.02
61August, 2020€1.26
€-0.03
62July, 2020€1.29
€-0.05
63June, 2020€1.34
€0.01
64May, 2020€1.33
€0.03
65April, 2020€1.30
€-0.10
66March, 2020€1.40
€-0.23
67February, 2020€1.63
€-0.05
68January, 2020€1.68
€-0.03
69December, 2019€1.71
€0.03
70November, 2019€1.68
€0.03
71October, 2019€1.65
€-0.03
72September, 2019€1.68
€0.08
73August, 2019€1.60
€-0.07
74July, 2019€1.67
€0.08
75June, 2019€1.59
€-0.09
76May, 2019€1.68
€0.06
77April, 2019€1.62
€0.03
78March, 2019€1.59
€0.01
79February, 2019€1.58
€0.02
80January, 2019€1.56
€-0.01
81December, 2018€1.57
€-0.03
82November, 2018€1.60
€-0.08
83October, 2018€1.68
€-0.08
84September, 2018€1.76
€0.00
85August, 2018€1.76
€0.01
86July, 2018€1.75
€0.00
87June, 2018€1.75
€-0.02
88May, 2018€1.77
€0.06
89April, 2018€1.71
€0.06
90March, 2018€1.65
€0.02
91February, 2018€1.63
€0.00
92January, 2018€1.63
€0.04
93December, 2017€1.59
€-0.01
94November, 2017€1.60
N/A