Petrol and Diesel Fuel Prices in Iceland

Lowest
price
€1.31
per litre
04-05-2020
Iceland Current and Average
€1.54 Current
€1.69 Average
per litre
*Average Fuel Price based on the previous 12 months data
Highest
price
€2.48
per litre
04-07-2022
Data Collected 12-08-2026
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Fast Facts - 12-08-2026
Iceland
04-05-2020 - €1.31/lt
04-07-2022 - €2.48/lt
€1.72/lt
€-0.56
2.10,2.12,2.05,1.98,1.39,1.40,1.46,1.66,1.56,1.52,1.52,1.54
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
€-0.56

Iceland Fuel Duty and VAT Breakdown

Fuel Price History

DieselUnleaded
Aug , 2026

€ 1.73

€ 1.54

Jul , 2026

€ 1.65

€ 1.52

Jun , 2026

€ 1.73

€ 1.52

May , 2026

€ 1.82

€ 1.56

Apr , 2026

€ 1.93

€ 1.66

Mar , 2026

€ 1.60

€ 1.46

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

Month, YearDiesel €/ltrUnleaded €/ltr
Aug , 2026 1.73 1.54
Jul , 2026 1.65 1.52
Jun , 2026 1.73 1.52
May , 2026 1.82 1.56
Apr , 2026 1.93 1.66
Mar , 2026 1.60 1.46
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


Unleaded

#DatePriceCompare value
1August, 2026€1.54
€0.02
2July, 2026€1.52
€0.00
3June, 2026€1.52
€-0.04
4May, 2026€1.56
€-0.10
5April, 2026€1.66
€0.20
6March, 2026€1.46
€0.06
7February, 2026€1.40
€0.01
8January, 2026€1.39
€-0.59
9December, 2025€1.98
€-0.07
10November, 2025€2.05
€-0.07
11October, 2025€2.12
€0.02
12September, 2025€2.10
€0.00
13August, 2025€2.10
€-0.04
14July, 2025€2.14
€0.01
15June, 2025€2.13
€0.03
16May, 2025€2.10
€-0.04
17April, 2025€2.14
€0.01
18March, 2025€2.13
€-0.02
19February, 2025€2.15
€-0.01
20January, 2025€2.16
€0.08
21December, 2024€2.08
€0.04
22November, 2024€2.04
€-0.03
23October, 2024€2.07
€0.05
24September, 2024€2.02
€-0.07
25August, 2024€2.09
€-0.02
26July, 2024€2.11
€0.01
27June, 2024€2.10
€0.00
28May, 2024€2.10
€0.01
29April, 2024€2.09
€-0.03
30March, 2024€2.12
€-0.01
31February, 2024€2.13
€0.03
32January, 2024€2.10
€0.03
33December, 2023€2.07
€-0.01
34November, 2023€2.08
€-0.12
35October, 2023€2.20
€0.00
36September, 2023€2.20
€0.07
37August, 2023€2.13
€0.04
38July, 2023€2.09
€0.02
39June, 2023€2.07
€0.01
40May, 2023€2.06
€-0.09
41April, 2023€2.15
€0.00
42March, 2023€2.15
€0.03
43February, 2023€2.12
€0.04
44January, 2023€2.08
€-0.07
45December, 2022€2.15
€-0.08
46November, 2022€2.23
€-0.02
47October, 2022€2.25
€-0.01
48September, 2022€2.26
€-0.15
49August, 2022€2.41
€-0.07
50July, 2022€2.48
€0.12
51June, 2022€2.36
€0.14
52May, 2022€2.22
€0.12
53April, 2022€2.10
€0.04
54March, 2022€2.06
€0.09
55February, 2022€1.97
€0.08
56January, 2022€1.89
€0.13
57December, 2021€1.76
€-0.03
58November, 2021€1.79
€0.03
59October, 2021€1.76
€0.07
60September, 2021€1.69
€0.02
61August, 2021€1.67
€0.01
62July, 2021€1.66
€0.01
63June, 2021€1.65
€0.06
64May, 2021€1.59
€0.02
65April, 2021€1.57
€-0.01
66March, 2021€1.58
€0.08
67February, 2021€1.50
€0.06
68January, 2021€1.44
€0.04
69December, 2020€1.40
€0.04
70November, 2020€1.36
€0.05
71October, 2020€1.31
€-0.03
72September, 2020€1.34
€0.02
73August, 2020€1.32
€-0.03
74July, 2020€1.35
€-0.06
75June, 2020€1.41
€0.05
76May, 2020€1.36
€0.04
77April, 2020€1.32
€-0.12
78March, 2020€1.44
€-0.25
79February, 2020€1.69
€-0.03
80January, 2020€1.72
€-0.03
81December, 2019€1.75
€0.01
82November, 2019€1.74
€0.03
83October, 2019€1.71
€-0.04
84September, 2019€1.75
€0.08
85August, 2019€1.67
€-0.08
86July, 2019€1.75
€0.08
87June, 2019€1.67
€-0.08
88May, 2019€1.75
€0.08
89April, 2019€1.67
€0.08
90March, 2019€1.59
€0.01
91February, 2019€1.58
€0.03
92January, 2019€1.55
€-0.01
93December, 2018€1.56
€-0.02
94November, 2018€1.58
€-0.10
95October, 2018€1.68
€-0.12
96September, 2018€1.80
€-0.04
97August, 2018€1.84
€0.02
98July, 2018€1.82
€0.01
99June, 2018€1.81
€-0.03
100May, 2018€1.84
€0.07
101April, 2018€1.77
€-0.34
102March, 2018€2.11
€0.42
103February, 2018€1.69
€0.01
104January, 2018€1.68
€0.03
105December, 2017€1.65
€-0.01
106November, 2017€1.66
N/A


Diesel

#DatePriceCompare value
1August, 2026€1.73
€0.08
2July, 2026€1.65
€-0.08
3June, 2026€1.73
€-0.09
4May, 2026€1.82
€-0.11
5April, 2026€1.93
€0.33
6March, 2026€1.60
€0.08
7February, 2026€1.52
€0.02
8January, 2026€1.50
€-0.65
9December, 2025€2.15
€-0.03
10November, 2025€2.18
€-0.08
11October, 2025€2.26
€0.02
12September, 2025€2.24
€0.02
13August, 2025€2.22
€-0.02
14July, 2025€2.24
€0.04
15June, 2025€2.20
€0.01
16May, 2025€2.19
€-0.03
17April, 2025€2.22
€-0.01
18March, 2025€2.23
€0.01
19February, 2025€2.22
€0.01
20January, 2025€2.21
€0.10
21December, 2024€2.11
€0.03
22November, 2024€2.08
€-0.01
23October, 2024€2.09
€0.06
24September, 2024€2.03
€-0.07
25August, 2024€2.10
€-0.02
26July, 2024€2.12
€0.01
27June, 2024€2.11
€-0.22
28May, 2024€2.33
€0.18
29April, 2024€2.15
€-0.02
30March, 2024€2.17
€0.00
31February, 2024€2.17
€0.05
32January, 2024€2.12
€0.03
33December, 2023€2.09
€-0.03
34November, 2023€2.12
€-0.05
35October, 2023€2.17
€0.00
36September, 2023€2.17
€0.05
37August, 2023€2.12
€0.04
38July, 2023€2.08
€0.03
39June, 2023€2.05
€0.01
40May, 2023€2.04
€-0.13
41April, 2023€2.17
€-0.02
42March, 2023€2.19
€0.04
43February, 2023€2.15
€0.01
44January, 2023€2.14
€-0.06
45December, 2022€2.20
€-0.07
46November, 2022€2.27
€0.03
47October, 2022€2.24
€-0.04
48September, 2022€2.28
€-0.10
49August, 2022€2.38
€-0.07
50July, 2022€2.45
€0.15
51June, 2022€2.30
€0.08
52May, 2022€2.22
€0.11
53April, 2022€2.11
€0.05
54March, 2022€2.06
€0.19
55February, 2022€1.87
€0.06
56January, 2022€1.81
€0.14
57December, 2021€1.67
€-0.02
58November, 2021€1.69
€0.03
59October, 2021€1.66
€0.07
60September, 2021€1.59
€0.04
61August, 2021€1.55
€0.00
62July, 2021€1.55
€0.00
63June, 2021€1.55
€0.04
64May, 2021€1.51
€0.04
65April, 2021€1.47
€-0.02
66March, 2021€1.49
€0.07
67February, 2021€1.42
€0.05
68January, 2021€1.37
€0.02
69December, 2020€1.35
€0.05
70November, 2020€1.30
€0.05
71October, 2020€1.25
€-0.03
72September, 2020€1.28
€0.02
73August, 2020€1.26
€-0.03
74July, 2020€1.29
€-0.05
75June, 2020€1.34
€0.01
76May, 2020€1.33
€0.03
77April, 2020€1.30
€-0.10
78March, 2020€1.40
€-0.23
79February, 2020€1.63
€-0.05
80January, 2020€1.68
€-0.03
81December, 2019€1.71
€0.03
82November, 2019€1.68
€0.03
83October, 2019€1.65
€-0.03
84September, 2019€1.68
€0.08
85August, 2019€1.60
€-0.07
86July, 2019€1.67
€0.08
87June, 2019€1.59
€-0.09
88May, 2019€1.68
€0.06
89April, 2019€1.62
€0.03
90March, 2019€1.59
€0.01
91February, 2019€1.58
€0.02
92January, 2019€1.56
€-0.01
93December, 2018€1.57
€-0.03
94November, 2018€1.60
€-0.08
95October, 2018€1.68
€-0.08
96September, 2018€1.76
€0.00
97August, 2018€1.76
€0.01
98July, 2018€1.75
€0.00
99June, 2018€1.75
€-0.02
100May, 2018€1.77
€0.06
101April, 2018€1.71
€0.06
102March, 2018€1.65
€0.02
103February, 2018€1.63
€0.00
104January, 2018€1.63
€0.04
105December, 2017€1.59
€-0.01
106November, 2017€1.60
N/A