Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€2.10 Current
€2.10 Average
per litre
*Average Fuel Price based on the previous 12 months data
Highest
price
€2.48
per litre
04-07-2022
Data Collected 10-05-2025
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Fast Facts - 10-05-2025
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.72/lt
€0.00
2.10,2.11,2.09,2.02,2.07,2.04,2.08,2.16,2.15,2.13,2.14,2.10
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
€0.00

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
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

Aug , 2024

€ 2.10

€ 2.09

Jul , 2024

€ 2.12

€ 2.11

Jun , 2024

€ 2.11

€ 2.10

Month, YearDiesel €/ltrUnleaded €/ltr
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
Aug , 2024 2.10 2.09
Jul , 2024 2.12 2.11
Jun , 2024 2.11 2.10


Unleaded

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


Diesel

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