Gasoline Prices in Iceland increased to 1.68 USD/Liter in December from 1.67 USD/Liter in November of 2019. Gasoline Prices in Iceland averaged 1.79 USD/Liter from 1998 until 2019, reaching an all time high of 2.24 USD/Liter in June of 2014 and a record low of 1.05 USD/Liter in December of 2000.
Gasoline Prices in Iceland is expected to be 1.85 USD/Liter by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gasoline Prices in Iceland to stand at 1.98 in 12 months time. In the long-term, the Iceland Gasoline Prices is projected to trend around 2.08 USD/Liter in 2020, according to our econometric models.