"Known as the land of ice and fire, Iceland has one of the most mesmerizing sceneries on the planet. But nature is not the only thing that will take your breath away when you travel to this Nordic island; so will the alcohol prices. Iceland has the most expensive alcohol in Europe, according to Eurostat. Icelandic alcohol prices are nearly triple than the EU average, though the country itself is not part of the European Union."
"The main reason the pricing of alcohol differs so much between European countries is the varying alcohol tax. Iceland has one of the highest alcohol taxes in the world, and it actually comprises the majority of the final price. In concrete numbers, Nordic Alcohol reports that Iceland charges, in taxes alone, "105.5 EUR per liter of spirits and 99 EUR per liter of wine," which translates to about $124 and $116 respectively. Beer is taxed at €32.2 per liter, approximately $38."
Iceland records the highest alcohol prices in Europe, nearly triple the EU average (€285 versus €100). Within the EU, Finland shows the priciest alcohol at 107% above average. Other countries with significantly higher prices include Turkey, Norway, and Ireland, while Italy has the cheapest alcohol, and Germany and Austria rank as the second- and third-cheapest beer destinations. The primary driver of price differences across Europe is varying alcohol taxation. Iceland’s taxes constitute the majority of retail price: €105.5 per liter for spirits, €99 per liter for wine, and €32.2 per liter for beer. High taxation aims to limit alcohol consumption for public health due to past excessive drinking.
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