Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€1.40 Current
€1.98 Average
per litre
*Average Fuel Price based on the previous 12 months data
Highest
price
€2.48
per litre
04-07-2022
Data Collected 11-02-2026
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Fast Facts - 11-02-2026
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.72/lt
€-0.75
2.13,2.14,2.10,2.13,2.14,2.10,2.10,2.12,2.05,1.98,1.39,1.40
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
€-0.75

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
Feb , 2026

€ 1.52

€ 1.40

Jan , 2026

€ 1.50

€ 1.39

Dec , 2025

€ 2.15

€ 1.98

Nov , 2025

€ 2.18

€ 2.05

Oct , 2025

€ 2.26

€ 2.12

Sep , 2025

€ 2.24

€ 2.10

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

Month, YearDiesel €/ltrUnleaded €/ltr
Feb , 2026 1.52 1.40
Jan , 2026 1.50 1.39
Dec , 2025 2.15 1.98
Nov , 2025 2.18 2.05
Oct , 2025 2.26 2.12
Sep , 2025 2.24 2.10
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


Unleaded

#DatePriceCompare value
1February, 2026€1.40
€0.01
2January, 2026€1.39
€-0.59
3December, 2025€1.98
€-0.07
4November, 2025€2.05
€-0.07
5October, 2025€2.12
€0.02
6September, 2025€2.10
€0.00
7August, 2025€2.10
€-0.04
8July, 2025€2.14
€0.01
9June, 2025€2.13
€0.03
10May, 2025€2.10
€-0.04
11April, 2025€2.14
€0.01
12March, 2025€2.13
€-0.02
13February, 2025€2.15
€-0.01
14January, 2025€2.16
€0.08
15December, 2024€2.08
€0.04
16November, 2024€2.04
€-0.03
17October, 2024€2.07
€0.05
18September, 2024€2.02
€-0.07
19August, 2024€2.09
€-0.02
20July, 2024€2.11
€0.01
21June, 2024€2.10
€0.00
22May, 2024€2.10
€0.01
23April, 2024€2.09
€-0.03
24March, 2024€2.12
€-0.01
25February, 2024€2.13
€0.03
26January, 2024€2.10
€0.03
27December, 2023€2.07
€-0.01
28November, 2023€2.08
€-0.12
29October, 2023€2.20
€0.00
30September, 2023€2.20
€0.07
31August, 2023€2.13
€0.04
32July, 2023€2.09
€0.02
33June, 2023€2.07
€0.01
34May, 2023€2.06
€-0.09
35April, 2023€2.15
€0.00
36March, 2023€2.15
€0.03
37February, 2023€2.12
€0.04
38January, 2023€2.08
€-0.07
39December, 2022€2.15
€-0.08
40November, 2022€2.23
€-0.02
41October, 2022€2.25
€-0.01
42September, 2022€2.26
€-0.15
43August, 2022€2.41
€-0.07
44July, 2022€2.48
€0.12
45June, 2022€2.36
€0.14
46May, 2022€2.22
€0.12
47April, 2022€2.10
€0.04
48March, 2022€2.06
€0.09
49February, 2022€1.97
€0.08
50January, 2022€1.89
€0.13
51December, 2021€1.76
€-0.03
52November, 2021€1.79
€0.03
53October, 2021€1.76
€0.07
54September, 2021€1.69
€0.02
55August, 2021€1.67
€0.01
56July, 2021€1.66
€0.01
57June, 2021€1.65
€0.06
58May, 2021€1.59
€0.02
59April, 2021€1.57
€-0.01
60March, 2021€1.58
€0.08
61February, 2021€1.50
€0.06
62January, 2021€1.44
€0.04
63December, 2020€1.40
€0.04
64November, 2020€1.36
€0.05
65October, 2020€1.31
€-0.03
66September, 2020€1.34
€0.02
67August, 2020€1.32
€-0.03
68July, 2020€1.35
€-0.06
69June, 2020€1.41
€0.05
70May, 2020€1.36
€0.04
71April, 2020€1.32
€-0.12
72March, 2020€1.44
€-0.25
73February, 2020€1.69
€-0.03
74January, 2020€1.72
€-0.03
75December, 2019€1.75
€0.01
76November, 2019€1.74
€0.03
77October, 2019€1.71
€-0.04
78September, 2019€1.75
€0.08
79August, 2019€1.67
€-0.08
80July, 2019€1.75
€0.08
81June, 2019€1.67
€-0.08
82May, 2019€1.75
€0.08
83April, 2019€1.67
€0.08
84March, 2019€1.59
€0.01
85February, 2019€1.58
€0.03
86January, 2019€1.55
€-0.01
87December, 2018€1.56
€-0.02
88November, 2018€1.58
€-0.10
89October, 2018€1.68
€-0.12
90September, 2018€1.80
€-0.04
91August, 2018€1.84
€0.02
92July, 2018€1.82
€0.01
93June, 2018€1.81
€-0.03
94May, 2018€1.84
€0.07
95April, 2018€1.77
€-0.34
96March, 2018€2.11
€0.42
97February, 2018€1.69
€0.01
98January, 2018€1.68
€0.03
99December, 2017€1.65
€-0.01
100November, 2017€1.66
N/A


Diesel

#DatePriceCompare value
1February, 2026€1.52
€0.02
2January, 2026€1.50
€-0.65
3December, 2025€2.15
€-0.03
4November, 2025€2.18
€-0.08
5October, 2025€2.26
€0.02
6September, 2025€2.24
€0.02
7August, 2025€2.22
€-0.02
8July, 2025€2.24
€0.04
9June, 2025€2.20
€0.01
10May, 2025€2.19
€-0.03
11April, 2025€2.22
€-0.01
12March, 2025€2.23
€0.01
13February, 2025€2.22
€0.01
14January, 2025€2.21
€0.10
15December, 2024€2.11
€0.03
16November, 2024€2.08
€-0.01
17October, 2024€2.09
€0.06
18September, 2024€2.03
€-0.07
19August, 2024€2.10
€-0.02
20July, 2024€2.12
€0.01
21June, 2024€2.11
€-0.22
22May, 2024€2.33
€0.18
23April, 2024€2.15
€-0.02
24March, 2024€2.17
€0.00
25February, 2024€2.17
€0.05
26January, 2024€2.12
€0.03
27December, 2023€2.09
€-0.03
28November, 2023€2.12
€-0.05
29October, 2023€2.17
€0.00
30September, 2023€2.17
€0.05
31August, 2023€2.12
€0.04
32July, 2023€2.08
€0.03
33June, 2023€2.05
€0.01
34May, 2023€2.04
€-0.13
35April, 2023€2.17
€-0.02
36March, 2023€2.19
€0.04
37February, 2023€2.15
€0.01
38January, 2023€2.14
€-0.06
39December, 2022€2.20
€-0.07
40November, 2022€2.27
€0.03
41October, 2022€2.24
€-0.04
42September, 2022€2.28
€-0.10
43August, 2022€2.38
€-0.07
44July, 2022€2.45
€0.15
45June, 2022€2.30
€0.08
46May, 2022€2.22
€0.11
47April, 2022€2.11
€0.05
48March, 2022€2.06
€0.19
49February, 2022€1.87
€0.06
50January, 2022€1.81
€0.14
51December, 2021€1.67
€-0.02
52November, 2021€1.69
€0.03
53October, 2021€1.66
€0.07
54September, 2021€1.59
€0.04
55August, 2021€1.55
€0.00
56July, 2021€1.55
€0.00
57June, 2021€1.55
€0.04
58May, 2021€1.51
€0.04
59April, 2021€1.47
€-0.02
60March, 2021€1.49
€0.07
61February, 2021€1.42
€0.05
62January, 2021€1.37
€0.02
63December, 2020€1.35
€0.05
64November, 2020€1.30
€0.05
65October, 2020€1.25
€-0.03
66September, 2020€1.28
€0.02
67August, 2020€1.26
€-0.03
68July, 2020€1.29
€-0.05
69June, 2020€1.34
€0.01
70May, 2020€1.33
€0.03
71April, 2020€1.30
€-0.10
72March, 2020€1.40
€-0.23
73February, 2020€1.63
€-0.05
74January, 2020€1.68
€-0.03
75December, 2019€1.71
€0.03
76November, 2019€1.68
€0.03
77October, 2019€1.65
€-0.03
78September, 2019€1.68
€0.08
79August, 2019€1.60
€-0.07
80July, 2019€1.67
€0.08
81June, 2019€1.59
€-0.09
82May, 2019€1.68
€0.06
83April, 2019€1.62
€0.03
84March, 2019€1.59
€0.01
85February, 2019€1.58
€0.02
86January, 2019€1.56
€-0.01
87December, 2018€1.57
€-0.03
88November, 2018€1.60
€-0.08
89October, 2018€1.68
€-0.08
90September, 2018€1.76
€0.00
91August, 2018€1.76
€0.01
92July, 2018€1.75
€0.00
93June, 2018€1.75
€-0.02
94May, 2018€1.77
€0.06
95April, 2018€1.71
€0.06
96March, 2018€1.65
€0.02
97February, 2018€1.63
€0.00
98January, 2018€1.63
€0.04
99December, 2017€1.59
€-0.01
100November, 2017€1.60
N/A