Energy & Mining in Iceland 30 indicators covering energy & mining for Iceland. IndicatorLatest Year10-yr change Rank Ores and metals exports 36.2% 2025 down 9.9% 11th Fuel imports 9.0% 2025 down 28.3% 148th Ores and metals imports 7.9% 2025 down 33.6% 7th Fuel exports 1.5% 2025 down 9.4% 123rd Electric power transmission and distribution losses 2.9% 2024 up 6.5% 148th Total natural resources rents 0.0% 2021 down 72.0% 189th Mineral rents 0.0% 2021 — 94th Natural gas rents 0.0% 2021 — 102nd Alternative and nuclear energy 89.2% 2024 up 0.4% 1st Electric power consumption 48,998 kWh per capita 2024 down 9.0% 1st Combustible renewables and waste 0.3% 2024 up 32.6% 131st Electricity production from oil sources 0.0% 2024 up 23.9% 193rd Electricity production from hydroelectric sources 68.2% 2024 down 4.0% 29th Access to electricity 100.0% 2024 unchanged 1st Electricity production from natural gas sources 0.0% 2021 — 120th Electricity production from coal sources 0.0% 2021 — 91st Energy use 15,997 kg of oil equivalent per capita 2024 down 10.9% 2nd GDP per unit of energy use 4.27 constant 2021 PPP $ per kg of oil equivalent 2024 up 27.2% 163rd Energy use (kg of oil equivalent) per $1,000 GDP 234.45 constant 2021 PPP 2024 down 21.4% 5th GDP per unit of energy use 5.22 PPP $ per kg of oil equivalent 2024 up 101.7% 164th Electricity production from nuclear sources 0.0% 2021 — 33rd Electricity production from oil, gas and coal sources 0.0% 2023 down 28.4% 204th Electricity production from renewable sources, excluding hydroelectric 5.81 billion kWh 2021 up 23.7% 45th Electricity production from renewable sources, excluding hydroelectric 29.6% 2021 up 8.5% 20th Renewable electricity output 100.0% 2016 up 0.0% 3rd Energy intensity level of primary energy 11.93 MJ/$2021 PPP GDP 2022 down 21.0% 8th Fossil fuel energy consumption 0.0% 2024 down 100.0% 2nd Oil rents 0.0% 2021 — 122nd Access to electricity, urban 100.0% 2024 unchanged 1st Renewable energy consumption 82.4% 2021 up 6.9% 13th