Iceland vs Monaco: Government Effectiveness - Governance estimate
Government Effectiveness - Governance estimate over time
- Iceland
- Monaco
How they compare
Monaco currently reports 1.74 approx. -2.5 to +2.5 against 1.65 approx. -2.5 to +2.5 in Iceland, a difference of 0.09 approx. -2.5 to +2.5.
That makes Monaco's figure about 1.1 times Iceland's.
The two have swapped places 2 times across 10 shared years of data; in 2015 it was Monaco ahead.
Iceland ranks 15th and Monaco ranks 13th of 204 countries.
Monaco has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Monaco | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.48 approx. -2.5 to +2.5 | 1.8 approx. -2.5 to +2.5 | 0.3179 approx. -2.5 to +2.5 | Monaco |
| 2020s | 1.66 approx. -2.5 to +2.5 | 1.76 approx. -2.5 to +2.5 | 0.1054 approx. -2.5 to +2.5 | Monaco |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government effectiveness - governance estimate, Iceland or Monaco?
- Monaco, at 1.74 approx. -2.5 to +2.5 against 1.65 approx. -2.5 to +2.5 in Iceland as of 2024.
- What is the difference in government effectiveness - governance estimate between Iceland and Monaco?
- 0.09 approx. -2.5 to +2.5, with Monaco ahead.
- How many years of comparable data are there for Iceland and Monaco?
- 10 years are reported by both, from 2015 to 2024.
- How do Iceland and Monaco rank globally for government effectiveness - governance estimate?
- Iceland ranks 15th and Monaco ranks 13th of 204 countries.
- Where does this data come from?
- The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as Government Effectiveness - Governance estimate (approx. -2.5 to +2.5). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Government Effectiveness (GE) captures perceptions of the quality of public services, the civil service, policy formulation and implementation, and the credibility of a government’s decisions. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.