Iceland | Energy imports, net (% of energy use)

Net energy imports are estimated as energy use less production, both measured in oil equivalents. A negative value indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport. Development relevance: Modern energy services are crucial to a country's economic development. Access to modern energy is essential for the provision of clean water, sanitation and healthcare and for the provision of reliable and efficient lighting, heating, cooking, mechanical power, and transport and telecommunications services. Governments in many countries are increasingly aware of the urgent need to make better use of the world's energy resources. Improved energy efficiency is often the most economic and readily available means of improving energy security and reducing greenhouse gas emissions. Limitations and exceptions: The IEA makes these estimates in consultation with national statistical offices, oil companies, electric utilities, and national energy experts. The IEA occasionally revises its time series to reflect political changes, and energy statistics undergo continual changes in coverage or methodology as more detailed energy accounts become available. Breaks in series are therefore unavoidable. Statistical concept and methodology: Energy data are compiled by the International Energy Agency (IEA). IEA data for economies that are not members of the Organisation for Economic Co-operation and Development (OECD) are based on national energy data adjusted to conform to annual questionnaires completed by OECD member governments. A negative value in energy imports indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source
Iceland | Energy imports, net (% of energy use)
year value
1960 72.12772797
1961 69.75669076
1962 69.21735667
1963 69.71001925
1964 68.16741661
1965 69.59110063
1966 68.76122108
1967 66.24065802
1968 65.51628627
1969 57.04397738
1970 54.34614762
1971 53.12851508
1972 50.17865809
1973 51.61380578
1974 51.9391215
1975 47.66496911
1976 45.07619164
1977 45.55322999
1978 44.44524521
1979 42.55067564
1980 39.59799922
1981 33.82147341
1982 29.80683352
1983 28.45763973
1984 30.65319084
1985 29.26640696
1986 31.01073197
1987 31.87341924
1988 30.31765714
1989 30.16139987
1990 28.63991379
1991 27.83861791
1992 29.76385459
1993 30.04561022
1994 29.98211422
1995 29.28912567
1996 30.73641907
1997 29.75083677
1998 28.0253167
1999 24.46796246
2000 22.62222591
2001 22.89112189
2002 23.08594362
2003 22.87375541
2004 24.08938598
2005 23.65894792
2006 19.71343426
2007 16.15127411
2008 13.16704987
2009 12.17033576
2010 11.51977304
2011 10.25493532
2012 10.33069661
2013 10.43891972
2014 10.96335223
2015 11.55755169
2016
2017
2018
2019
2020
2021
2022

Iceland | Energy imports, net (% of energy use)

Net energy imports are estimated as energy use less production, both measured in oil equivalents. A negative value indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport. Development relevance: Modern energy services are crucial to a country's economic development. Access to modern energy is essential for the provision of clean water, sanitation and healthcare and for the provision of reliable and efficient lighting, heating, cooking, mechanical power, and transport and telecommunications services. Governments in many countries are increasingly aware of the urgent need to make better use of the world's energy resources. Improved energy efficiency is often the most economic and readily available means of improving energy security and reducing greenhouse gas emissions. Limitations and exceptions: The IEA makes these estimates in consultation with national statistical offices, oil companies, electric utilities, and national energy experts. The IEA occasionally revises its time series to reflect political changes, and energy statistics undergo continual changes in coverage or methodology as more detailed energy accounts become available. Breaks in series are therefore unavoidable. Statistical concept and methodology: Energy data are compiled by the International Energy Agency (IEA). IEA data for economies that are not members of the Organisation for Economic Co-operation and Development (OECD) are based on national energy data adjusted to conform to annual questionnaires completed by OECD member governments. A negative value in energy imports indicates that the country is a net exporter. Energy use refers to use of primary energy before transformation to other end-use fuels, which is equal to indigenous production plus imports and stock changes, minus exports and fuels supplied to ships and aircraft engaged in international transport.
Publisher
The World Bank
Origin
Republic of Iceland
Records
63
Source