Regulatory Quality - Governance estimate in Iceland

Iceland: Regulatory Quality - Governance estimate was 1.33 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
1.33 approx. -2.5 to +2.5
Change on year
down 4.6%
World rank
22nd
of 204 countries
All-time high
1.81 approx. -2.5 to +2.5
in 2005
All-time low
0.7149 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Iceland, 1996–2024

00.511.521996201020241996: 0.715 approx. -2.5 to +2.51998: 1.1 approx. -2.5 to +2.52000: 1.5 approx. -2.5 to +2.52002: 1.7 approx. -2.5 to +2.52003: 1.8 approx. -2.5 to +2.52004: 1.8 approx. -2.5 to +2.52005: 1.8 approx. -2.5 to +2.52006: 1.8 approx. -2.5 to +2.52007: 1.7 approx. -2.5 to +2.52008: 1.4 approx. -2.5 to +2.52009: 1.5 approx. -2.5 to +2.52010: 0.975 approx. -2.5 to +2.52011: 1.1 approx. -2.5 to +2.52012: 1.2 approx. -2.5 to +2.52013: 1.1 approx. -2.5 to +2.52014: 1.2 approx. -2.5 to +2.52015: 1.3 approx. -2.5 to +2.52016: 1.3 approx. -2.5 to +2.52017: 1.4 approx. -2.5 to +2.52018: 1.4 approx. -2.5 to +2.52019: 1.5 approx. -2.5 to +2.52020: 1.5 approx. -2.5 to +2.52021: 1.6 approx. -2.5 to +2.52022: 1.4 approx. -2.5 to +2.52023: 1.4 approx. -2.5 to +2.52024: 1.3 approx. -2.5 to +2.5

Source: World Bank. Measured in approx. -2.5 to +2.5.

Analysis

In 2024, regulatory quality - governance estimate in Iceland stood at 1.33 approx. -2.5 to +2.5.

Compared with earlier readings it is down 4.6% on the previous year and up 11.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Iceland peaked at 1.81 approx. -2.5 to +2.5 in 2005 and was at its lowest, 0.7149 approx. -2.5 to +2.5, in 1996.

Iceland ranks 22nd of 204 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.897 approx. -2.5 to +2.5 0.7149 approx. -2.5 to +2.5 1.08 approx. -2.5 to +2.5 2
2000s 1.65 approx. -2.5 to +2.5 1.42 approx. -2.5 to +2.5 1.81 approx. -2.5 to +2.5 9
2010s 1.26 approx. -2.5 to +2.5 0.9752 approx. -2.5 to +2.5 1.52 approx. -2.5 to +2.5 10
2020s 1.45 approx. -2.5 to +2.5 1.33 approx. -2.5 to +2.5 1.63 approx. -2.5 to +2.5 5

Countries ranked near Iceland

  1. 19 Canada 1.36 approx. -2.5 to +2.5 compare
  2. 20 United States 1.35 approx. -2.5 to +2.5 compare
  3. 21 Austria 1.35 approx. -2.5 to +2.5 compare
  4. 23 Japan 1.33 approx. -2.5 to +2.5 compare
  5. 24 Lithuania 1.29 approx. -2.5 to +2.5 compare
  6. 25 Belgium 1.24 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is regulatory quality - governance estimate in Iceland?
Regulatory quality - governance estimate in Iceland was 1.33 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Iceland?
The highest recorded value was 1.81 approx. -2.5 to +2.5 in 2005.
What is the lowest regulatory quality - governance estimate recorded in Iceland?
The lowest recorded value was 0.7149 approx. -2.5 to +2.5 in 1996.
How does Iceland rank for regulatory quality - governance estimate?
Iceland ranks 22nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Iceland?
Over the last ten years it is up 11.0%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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

About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed