Government Effectiveness - Standard error of the governance estimate in Iceland

Iceland: Government Effectiveness - Standard error of the governance estimate was 0.2323 in 2025. ▼ Falling

Latest (2025)
0.2323
Change on year
unchanged
World rank
65th
of 206 countries
All-time high
0.2933
in 1996
All-time low
0.2323
in 2024
Years of data
27
1996–2025

Government Effectiveness - Standard error of the governance estimate in Iceland, 1996–2025

00.10.20.31996201020251996: 0.2931998: 0.2932000: 0.2932002: 0.2932003: 0.2932004: 0.2932005: 0.2932006: 0.2532007: 0.2532008: 0.2532009: 0.252010: 0.2452011: 0.2452012: 0.2452013: 0.2452014: 0.2452015: 0.2452016: 0.2452017: 0.2452018: 0.2452019: 0.252020: 0.252021: 0.2452022: 0.2342023: 0.2342024: 0.2322025: 0.232

Source: World Bank.

Analysis

Iceland recorded 0.2323 for government effectiveness - standard error of the governance estimate in 2025. That is the lowest value across all 27 years on record.

That represents a change of down 5.2% over ten years.

Over the whole period, government effectiveness - standard error of the governance estimate in Iceland peaked at 0.2933 in 1996 and was at its lowest, 0.2323, in 2024.

Iceland ranks 65th of 206 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 27 years of available data.

Government Effectiveness - Standard error of the governance estimate in Iceland, year by year

Annual values for Government Effectiveness - Standard error of the governance estimate in Iceland, 1996 to 2025.
Year Value Change
1996 0.2933 —
1998 0.2933 +0.0%
2000 0.2933 +0.0%
2002 0.2933 +0.0%
2003 0.2933 +0.0%
2004 0.2933 +0.0%
2005 0.2933 +0.0%
2006 0.253 -13.7%
2007 0.253 +0.0%
2008 0.253 +0.0%
2009 0.25 -1.2%
2010 0.245 -2.0%
2011 0.245 +0.0%
2012 0.245 +0.0%
2013 0.245 +0.0%
2014 0.245 +0.0%
2015 0.245 +0.0%
2016 0.245 +0.0%
2017 0.245 +0.0%
2018 0.245 +0.0%
2019 0.25 +2.0%
2020 0.25 +0.0%
2021 0.245 -2.0%
2022 0.2337 -4.6%
2023 0.2337 +0.0%
2024 0.2323 -0.6%
2025 0.2323 +0.0%

Iceland compared with similar countries

  • Iceland's 0.2323 is above the median for high income countries, which is 0.2317, 1.0× the median. (74 countries reporting)
  • Iceland's 0.2323 is above the median for Europe & Central Asia, which is 0.2195, 1.1× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2933 0.2933 0.2933 2
2000s 0.2751 0.25 0.2933 9
2010s 0.2455 0.245 0.25 10
2020s 0.2378 0.2323 0.25 6

Countries ranked near Iceland

  1. 64 Kosovo (UNSCR 1244) 0.2335 compare
  2. 65 Norway 0.2323 compare
  3. 65 Switzerland 0.2323 compare
  4. 65 United Kingdom 0.2323 compare

See the full ranking of 206 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is government effectiveness - standard error of the governance estimate in Iceland?
Government effectiveness - standard error of the governance estimate in Iceland was 0.2323 in 2025, according to the World Bank.
What is the highest government effectiveness - standard error of the governance estimate recorded in Iceland?
The highest recorded value was 0.2933 in 1996.
What is the lowest government effectiveness - standard error of the governance estimate recorded in Iceland?
The lowest recorded value was 0.2323 in 2024.
How does Iceland rank for government effectiveness - standard error of the governance estimate?
Iceland ranks 65th out of 206 countries with data for 2025.
Is government effectiveness - standard error of the governance estimate rising or falling in Iceland?
Over the last ten years it is down 5.2%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Government Effectiveness - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

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Government Effectiveness - Standard error of the governance estimate in Iceland. Statizoid. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/government-effectiveness-standard-error-of-the-governance-estimate/iceland/

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About this data

Indicator
Government Effectiveness - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 5,392 data points, 1996–2025
Last refreshed