Iceland - Carbon dioxide damage

Adjusted savings: carbon dioxide damage (current US$)

The latest value for Adjusted savings: carbon dioxide damage (current US$) in Iceland was 86,858,300 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 86,858,300 in 2019 and 3,674,985 in 1970.

Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 3,674,985
1971 4,187,765
1972 4,500,432
1973 5,728,762
1974 6,344,674
1975 6,580,957
1976 7,485,725
1977 9,091,329
1978 10,045,400
1979 11,483,780
1980 12,023,350
1981 12,637,530
1982 12,514,700
1983 12,870,500
1984 15,993,480
1985 15,132,350
1986 17,313,090
1987 18,810,840
1988 19,873,110
1989 21,745,350
1990 24,222,480
1991 22,645,220
1992 24,370,290
1993 27,720,480
1994 29,432,860
1995 29,772,830
1996 35,203,640
1997 34,855,450
1998 35,977,950
1999 36,732,580
2000 40,168,520
2001 40,763,880
2002 43,744,340
2003 45,482,360
2004 49,454,600
2005 51,801,790
2006 56,275,630
2007 59,370,420
2008 56,791,250
2009 56,579,960
2010 55,957,780
2011 56,027,780
2012 58,076,760
2013 61,394,690
2014 66,629,600
2015 69,186,130
2016 73,989,400
2017 78,576,560
2018 83,766,560
2019 86,858,300

Adjusted savings: carbon dioxide damage (% of GNI)

Adjusted savings: carbon dioxide damage (% of GNI) in Iceland was 0.353 as of 2019. Its highest value over the past 49 years was 0.692 in 1970, while its lowest value was 0.293 in 2007.

Definition: Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$30 per ton of CO2 (the unit damage in 2014 US dollars for CO2 emitted in 2015) times the number of tons of CO2 emitted.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 0.692
1971 0.618
1972 0.532
1973 0.493
1974 0.416
1975 0.470
1976 0.451
1977 0.412
1978 0.402
1979 0.405
1980 0.358
1981 0.367
1982 0.398
1983 0.479
1984 0.578
1985 0.522
1986 0.443
1987 0.344
1988 0.330
1989 0.392
1990 0.383
1991 0.333
1992 0.348
1993 0.451
1994 0.470
1995 0.425
1996 0.478
1997 0.468
1998 0.432
1999 0.417
2000 0.462
2001 0.512
2002 0.469
2003 0.401
2004 0.371
2005 0.323
2006 0.352
2007 0.293
2008 0.404
2009 0.536
2010 0.503
2011 0.436
2012 0.451
2013 0.402
2014 0.394
2015 0.418
2016 0.373
2017 0.328
2018 0.336
2019 0.353

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts