Prices of carbon taxes in the Nordics 1990-2023, by country

Published by Ian Tiseo, Dec 19, 2023
As of March 31, 2023, Sweden had by far the highest carbon tax rate within the Nordics countries, at over 125 U.S. dollars per metric ton of CO₂ equivalent (USD/tCO₂e). In comparison to 1991, when it was first established, Sweden's carbon tax rate has more than tripled. Meanwhile Finland, the first Nordic country to establish a carbon tax, had the third highest rate in the region, at 83.7 USD/tCO₂e.

Carbon tax rates in the Nordic countries from 1990 to 2023 (in U.S. dollars per metric ton of CO₂ equivalent)

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Release date

May 2023

Region

Worldwide

Survey time period

1990 to 2023

Special properties

As of April 1 of each year; values for 2023 are from March 31

Supplementary notes

Certain countries and jurisdictions use different carbon tax rates for different sectors or fuels. For this statistic, the higher carbon price has been used.

Prices are not necessarily comparable between carbon pricing initiatives because of differences in the sectors covered and allocation methods applied, specific exemptions, and different compensation methods.

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