Fuel prices in Iceland today
Fuel prices in Iceland todayUpdated 2026-07-20Medium confidenceper litre
Petrol 95
€1.52
= $1.73/L · $6.53/gal
#10 cheapest of 42 in EU
Diesel
€1.65
= $1.87/L · $7.09/gal
-14.6% vs EU avg
LPG
—
not reported
not reported
National average — OpenVan.camp — aggregated official & Cargopedia data.
FuelWide Fair Price Score70/100 · Fair price
- Petrol 95 is cheaper than in 78% of EU countries this week
- 20.5% below the EU average of €1.91/L
- EU prices are rising (+8.4% over 4 weeks)
Petrol 95 across EU · Iceland highlighted
- Malta€1.34
- Andorra€1.41
- North Macedonia€1.42
- Moldova€1.44
- Sweden€1.44
- Kosovo€1.44
- Bosnia and Herzegovina€1.47
- Bulgaria€1.48
- Cyprus€1.49
- Iceland€1.52
- Ukraine€1.52
- Spain€1.58
- Slovenia€1.59
- Montenegro€1.60
- Croatia€1.60
- Hungary€1.64
- Serbia€1.67
- Poland€1.68
- Slovakia€1.71
- Czechia€1.72
- Ireland€1.72
- Romania€1.72
- Luxembourg€1.73
- Estonia€1.74
- Lithuania€1.77
- Norway€1.78
- United Kingdom€1.78
- Latvia€1.81
- Austria€1.83
- Belgium€1.86
- Albania€1.89
- Italy€1.91
- Switzerland€1.92
- Portugal€1.97
- Greece€1.98
- France€2.01
- Liechtenstein€2.04
- Monaco€2.09
- Finland€2.16
- Germany€2.19
- Netherlands€2.34
- Denmark€2.46
Frequently asked questions
How much does petrol cost in Iceland?
As of the week of 2026-07-20, petrol 95 in Iceland costs €1.52 per litre on average ($6.53 per US gallon), based on OpenVan.camp — aggregated official & Cargopedia data.
How much does diesel cost in Iceland?
Diesel in Iceland averages €1.65 per litre this week, ranking 12 of 42 EU countries from cheapest to most expensive.
Is fuel in Iceland cheaper than the EU average?
Yes — petrol 95 in Iceland is 20.5% cheaper than the EU average of €1.91 per litre.
How much of the fuel price in Iceland is tax?
Tax breakdown is not reported for Iceland this week.
Free API
GET https://fuelwide.com/api/fuel-prices/iceland