Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€2.13 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 12-06-2025
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Fast Facts - 12-06-2025
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.72/lt
€0.03
2.11,2.09,2.02,2.07,2.04,2.08,2.16,2.15,2.13,2.14,2.10,2.13
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
€0.03

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
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

Aug , 2024

€ 2.10

€ 2.09

Jul , 2024

€ 2.12

€ 2.11

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


Unleaded

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


Diesel

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