Government Effectiveness - Standard error of the governance estimate in Iceland

Iceland: Government Effectiveness - Standard error of the governance estimate was 0.2324 in 2024. ▼ Falling

Latest (2024)
0.2324
Change on year
down 0.6%
World rank
82nd
of 204 countries
All-time high
0.284
in 1996
All-time low
0.2324
in 2024
Years of data
26
1996–2024

Government Effectiveness - Standard error of the governance estimate in Iceland, 1996–2024

00.10.20.31996201020241996: 0.2841998: 0.2842000: 0.2842002: 0.2842003: 0.2842004: 0.2842005: 0.2842006: 0.2532007: 0.2532008: 0.2532009: 0.2492010: 0.2452011: 0.2452012: 0.2452013: 0.2452014: 0.2452015: 0.2452016: 0.2452017: 0.2452018: 0.2452019: 0.2492020: 0.2492021: 0.2452022: 0.2342023: 0.2342024: 0.232

Source: World Bank.

Analysis

Iceland recorded 0.2324 for government effectiveness - standard error of the governance estimate in 2024. That is the lowest value across all 26 years on record.

That represents a change of down 0.6% on the previous year and down 5.0% over ten years.

Over the whole period, government effectiveness - standard error of the governance estimate in Iceland peaked at 0.284 in 1996 and was at its lowest, 0.2324, in 2024.

Iceland ranks 82nd of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.284 0.284 0.284 2
2000s 0.2697 0.2493 0.284 9
2010s 0.2451 0.2447 0.2493 10
2020s 0.2387 0.2324 0.2493 5

Countries ranked near Iceland

  1. 80 Lebanon 0.2334 compare
  2. 81 Papua New Guinea 0.233 compare
  3. 82 United Kingdom 0.2324 compare
  4. 84 Iraq 0.2321 compare
  5. 85 Kyrgyzstan 0.2321 compare
  6. 85 Laos 0.2321 compare
  7. 85 Nepal 0.2321 compare
  8. 85 Tajikistan 0.2321 compare

See the full ranking of 205 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 0.2324 in 2024, 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 0.284 in 1996.
What is the lowest government effectiveness - standard error of the governance estimate recorded in Iceland?
The lowest recorded value was 0.2324 in 2024.
How does Iceland rank for government effectiveness - standard error of the governance estimate?
Iceland ranks 82nd out of 204 countries with data for 2024.
Is government effectiveness - standard error of the governance estimate rising or falling in Iceland?
Over the last ten years it is down 5.0%. 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.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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
205 places, 5,168 data points, 1996–2024
Last refreshed