Iceland vs United States: Regulatory Quality - Governance estimate
Regulatory Quality - Governance estimate over time
- Iceland
- United States
How they compare
United States currently reports 1.35 approx. -2.5 to +2.5 against 1.33 approx. -2.5 to +2.5 in Iceland, a difference of 0.02 approx. -2.5 to +2.5.
The two have swapped places 8 times across 26 shared years of data; in 1996 it was United States ahead.
Iceland ranks 22nd and United States ranks 20th of 204 countries.
Across the 4 decades both report, Iceland averaged higher in 2 and United States in 2.
Head to head by decade
| Decade | Iceland | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.897 approx. -2.5 to +2.5 | 1.46 approx. -2.5 to +2.5 | 0.567 approx. -2.5 to +2.5 | United States |
| 2000s | 1.65 approx. -2.5 to +2.5 | 1.63 approx. -2.5 to +2.5 | 0.0198 approx. -2.5 to +2.5 | Iceland |
| 2010s | 1.26 approx. -2.5 to +2.5 | 1.39 approx. -2.5 to +2.5 | 0.1311 approx. -2.5 to +2.5 | United States |
| 2020s | 1.45 approx. -2.5 to +2.5 | 1.4 approx. -2.5 to +2.5 | 0.0527 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 United States?
- United States, at 1.35 approx. -2.5 to +2.5 against 1.33 approx. -2.5 to +2.5 in Iceland as of 2024.
- What is the difference in regulatory quality - governance estimate between Iceland and United States?
- 0.02 approx. -2.5 to +2.5, with United States ahead.
- How many years of comparable data are there for Iceland and United States?
- 26 years are reported by both, from 1996 to 2024.
- How do Iceland and United States rank globally for regulatory quality - governance estimate?
- Iceland ranks 22nd and United States ranks 20th 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 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.
Individual pages
About this data
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. 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.