Gasoline Prices in Iceland increased to 1.87 USD/Liter in August from 1.76 USD/Liter in July of 2026. Gasoline Prices in Iceland averaged 1.92 USD/Liter from 1998 until 2026, reaching an all time high of 2.59 USD/Liter in June of 2022 and a record low of 1.05 USD/Liter in December of 2000. source: Iceland Automobile Association
Gasoline Prices in Iceland is expected to be 2.98 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Gasoline Prices is projected to trend around 3.72 USD/Liter in 2027 and 4.96 USD/Liter in 2028, according to our econometric models.