Iceland vs Latvia: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Iceland
1.07 approx. -2.5 to +2.5
in 2025
Latvia
1.02 approx. -2.5 to +2.5
in 2025
Iceland rank
29th
Latvia rank
30th
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) over time
- Iceland
- Latvia
How they compare
Iceland currently reports 1.07 approx. -2.5 to +2.5 against 1.02 approx. -2.5 to +2.5 in Latvia, a difference of 0.05 approx. -2.5 to +2.5.
Across all 27 years both countries report, Iceland has been ahead every year.
Iceland ranks 29th and Latvia ranks 30th of 206 countries.
Iceland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.965 approx. -2.5 to +2.5 | 0.589 approx. -2.5 to +2.5 | 0.376 approx. -2.5 to +2.5 | Iceland |
| 2000s | 1.64 approx. -2.5 to +2.5 | 0.9669 approx. -2.5 to +2.5 | 0.6717 approx. -2.5 to +2.5 | Iceland |
| 2010s | 1.33 approx. -2.5 to +2.5 | 1.02 approx. -2.5 to +2.5 | 0.3024 approx. -2.5 to +2.5 | Iceland |
| 2020s | 1.37 approx. -2.5 to +2.5 | 1.04 approx. -2.5 to +2.5 | 0.3279 approx. -2.5 to +2.5 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher regulatory quality - governance estimate, Iceland or Latvia?
- Iceland, at 1.07 approx. -2.5 to +2.5 against 1.02 approx. -2.5 to +2.5 in Latvia as of 2025.
- What is the difference in regulatory quality - governance estimate between Iceland and Latvia?
- 0.05 approx. -2.5 to +2.5, with Iceland ahead.
- How many years of comparable data are there for Iceland and Latvia?
- 27 years are reported by both, from 1996 to 2025.
- How do Iceland and Latvia rank globally for regulatory quality - governance estimate?
- Iceland ranks 29th and Latvia ranks 30th of 206 countries.
- Where does this data come from?
- The World Bank, published as Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid refreshes it automatically from the source and publishes the full history for both places.