diff --git a/src/runtime/components/nuxt-img.ts b/src/runtime/components/nuxt-img.ts
index c752b0683..a5b947535 100644
--- a/src/runtime/components/nuxt-img.ts
+++ b/src/runtime/components/nuxt-img.ts
@@ -3,7 +3,7 @@ import { useImage } from '../composables'
 import { parseSize } from '../utils'
 import { prerenderStaticImages } from '../utils/prerender'
 import { baseImageProps, useBaseImage } from './_base'
-import { useHead } from '#imports'
+import { useHead, useNuxtApp } from '#imports'
 
 export const imgProps = {
   ...baseImageProps,
@@ -13,7 +13,7 @@ export const imgProps = {
 export default defineComponent({
   name: 'NuxtImg',
   props: imgProps,
-  emits: ['load'],
+  emits: ['load', 'error'],
   setup: (props, ctx) => {
     const $img = useImage()
     const _base = useBaseImage(props)
@@ -95,6 +95,8 @@ export default defineComponent({
 
     const imgEl = ref<HTMLImageElement>()
 
+    const nuxtApp = useNuxtApp()
+    const initialLoad = nuxtApp.isHydrating
     onMounted(() => {
       if (placeholder.value) {
         const img = new Image()
@@ -109,17 +111,29 @@ export default defineComponent({
         return
       }
 
-      if (imgEl.value) {
-        imgEl.value.onload = (event) => {
-          ctx.emit('load', event)
+      if (!imgEl.value) { return }
+
+      if (imgEl.value.complete && initialLoad) {
+        if (imgEl.value.getAttribute('data-error')) {
+          ctx.emit('error', new Event('error'))
+        } else {
+          ctx.emit('load', new Event('load'))
         }
       }
+
+      imgEl.value.onload = (event) => {
+        ctx.emit('load', event)
+      }
+      imgEl.value.onerror = (event) => {
+        ctx.emit('error', event)
+      }
     })
 
     return () => h('img', {
       ref: imgEl,
       key: src.value,
       src: src.value,
+      ...process.server ? { onerror: 'this.setAttribute(\'data-error\', 1)' } : {},
       ...attrs.value,
       ...ctx.attrs
     })
diff --git a/src/runtime/components/nuxt-picture.ts b/src/runtime/components/nuxt-picture.ts
index ee28e32ba..53517fde9 100644
--- a/src/runtime/components/nuxt-picture.ts
+++ b/src/runtime/components/nuxt-picture.ts
@@ -1,7 +1,7 @@
 import { h, defineComponent, ref, computed, onMounted } from 'vue'
 import { prerenderStaticImages } from '../utils/prerender'
 import { useBaseImage, baseImageProps } from './_base'
-import { useImage, useHead } from '#imports'
+import { useImage, useHead, useNuxtApp } from '#imports'
 import { getFileExtension } from '#image'
 
 export const pictureProps = {
@@ -81,11 +81,16 @@ export default defineComponent({
       }
     }
 
+    const nuxtApp = useNuxtApp()
+    const initialLoad = nuxtApp.isHydrating
     onMounted(() => {
-      if (imgEl.value) {
-        imgEl.value.onload = (event) => {
-          ctx.emit('load', event)
-        }
+      if (!imgEl.value) { return }
+
+      if (imgEl.value.complete && initialLoad && !imgEl.value.getAttribute('data-error')) {
+        ctx.emit('load', new Event('load'))
+      }
+      imgEl.value.onload = (event) => {
+        ctx.emit('load', event)
       }
     })
 
@@ -100,6 +105,7 @@ export default defineComponent({
       h('img', {
         ref: imgEl,
         ..._base.attrs.value,
+        ...process.server ? { onerror: 'this.setAttribute(\'data-error\', 1)' } : {},
         ...imgAttrs,
         src: sources.value[0].src,
         sizes: sources.value[0].sizes,
diff --git a/test/e2e/no-ssr.test.ts b/test/e2e/no-ssr.test.ts
index 8f7679383..35a7b06e2 100644
--- a/test/e2e/no-ssr.test.ts
+++ b/test/e2e/no-ssr.test.ts
@@ -39,9 +39,7 @@ describe('browser (ssr: false)', () => {
 
     expect(requests.map(r => r.replace(url('/'), '/')).filter(r => r !== providerPath && !r.match(/\.(js|css)/))).toMatchSnapshot()
   })
-})
 
-describe('browser (ssr: false) common', () => {
   it('should emit load and error events', async () => {
     const page = await createPage(url('/events'))
     const logs: string[] = []
diff --git a/test/e2e/ssr.test.ts b/test/e2e/ssr.test.ts
index c0eeddabf..914471db0 100644
--- a/test/e2e/ssr.test.ts
+++ b/test/e2e/ssr.test.ts
@@ -41,6 +41,20 @@ describe('browser (ssr: true)', () => {
     expect(requests.map(r => r.replace(url('/'), '/')).filter(r => r !== providerPath && !r.match(/\.(js|css)/))).toMatchSnapshot()
   })
 
+  it('should emit load and error events', async () => {
+    const page = await createPage()
+    const logs: string[] = []
+
+    page.on('console', (msg) => { logs.push(msg.text()) })
+
+    page.goto(url('/events'))
+
+    await page.waitForLoadState('networkidle')
+
+    expect(logs.filter(log => log === 'Image was loaded').length).toBe(4)
+    expect(logs.filter(log => log === 'Error loading image').length).toBe(1)
+  })
+
   it('works with runtime ipx', async () => {
     const res = await fetch(url('/_ipx/s_300x300/images/colors.jpg'))
     expect(res.headers.get('content-type')).toBe('image/jpeg')