Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€1.39 Current
€2.04 Average
per litre
*Average Fuel Price based on the previous 12 months data
Highest
price
€2.48
per litre
04-07-2022
Data Collected 13-01-2026
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Fast Facts - 13-01-2026
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.73/lt
€-0.77
2.15,2.13,2.14,2.10,2.13,2.14,2.10,2.10,2.12,2.05,1.98,1.39
Lowest
€1.31/lt
04-05-2020
Highest
€2.48/lt
04-07-2022
IS
Average
price
since 2017
€1.73/lt
12 month
change
€-0.77

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
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

Feb , 2025

€ 2.22

€ 2.15

Month, YearDiesel €/ltrUnleaded €/ltr
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
Feb , 2025 2.22 2.15


Unleaded

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


Diesel

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