Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Iceland

Iceland: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) was -4.64 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-4.64 % change on previous year
Change on year
down 119.5%
World rank
147th
of 205 countries
All-time high
17.78 % change on previous year
in 2011
All-time low
-33.47 % change on previous year
in 2010
Years of data
22
2003–2024

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Iceland, 2003–2024

-40-200202003201320242003: 7 % change on previous year2004: 1 % change on previous year2005: 0.871 % change on previous year2006: -0.86 % change on previous year2007: -4.1 % change on previous year2008: -17.3 % change on previous year2009: 3.2 % change on previous year2010: -33.5 % change on previous year2011: 17.8 % change on previous year2012: 3.1 % change on previous year2013: -3.2 % change on previous year2014: 4.4 % change on previous year2015: 8.2 % change on previous year2016: -0.959 % change on previous year2017: 11.1 % change on previous year2018: 0.96 % change on previous year2019: 5.3 % change on previous year2020: -3.2 % change on previous year2021: 11.1 % change on previous year2022: -12.6 % change on previous year2023: -2.1 % change on previous year2024: -4.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, regulatory quality - governance estimate (approx. -2.5 to +2.5) in Iceland stood at -4.64 % change on previous year.

That represents a change of down 119.5% on the previous year and down 204.7% over ten years.

Over the whole period, regulatory quality - governance estimate (approx. -2.5 to +2.5) in Iceland peaked at 17.78 % change on previous year in 2011 and was at its lowest, -33.47 % change on previous year, in 2010.

Iceland ranks 147th of 205 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Iceland, year by year

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), annual growth rate in Iceland, 2003 to 2024.
Year % change on previous year Change
2003 7.01 % change on previous year —
2004 1.04 % change on previous year -85.2%
2005 0.8707 % change on previous year -16.1%
2006 -0.8604 % change on previous year -198.8%
2007 -4.14 % change on previous year +381.8%
2008 -17.27 % change on previous year +316.5%
2009 3.22 % change on previous year -118.6%
2010 -33.47 % change on previous year -1139.8%
2011 17.78 % change on previous year -153.1%
2012 3.14 % change on previous year -82.3%
2013 -3.15 % change on previous year -200.5%
2014 4.43 % change on previous year -240.3%
2015 8.2 % change on previous year +85.2%
2016 -0.9589 % change on previous year -111.7%
2017 11.12 % change on previous year -1259.5%
2018 0.9603 % change on previous year -91.4%
2019 5.28 % change on previous year +450.3%
2020 -3.23 % change on previous year -161.1%
2021 11.07 % change on previous year -442.4%
2022 -12.56 % change on previous year -213.5%
2023 -2.11 % change on previous year -83.2%
2024 -4.64 % change on previous year +119.5%

Iceland compared with similar countries

  • Iceland's -4.64 % change on previous year is below the median for high income countries, which is 0.0568 % change on previous year. (73 countries reporting)
  • Iceland's -4.64 % change on previous year is below the median for Europe & Central Asia, which is -0.0299 % change on previous year, 155.1× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s -1.45 % change on previous year -17.27 % change on previous year 7.01 % change on previous year 7
2010s 1.33 % change on previous year -33.47 % change on previous year 17.78 % change on previous year 10
2020s -2.3 % change on previous year -12.56 % change on previous year 11.07 % change on previous year 5

Countries ranked near Iceland

  1. 144 Macao -4.15 % change on previous year compare
  2. 145 Cyprus -4.23 % change on previous year compare
  3. 146 Austria -4.32 % change on previous year compare
  4. 148 Niger -4.72 % change on previous year compare
  5. 149 Uganda -4.81 % change on previous year compare
  6. 150 Belarus -4.86 % change on previous year 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 (approx. -2.5 to +2.5) in Iceland?
Regulatory quality - governance estimate (approx. -2.5 to +2.5) in Iceland was -4.64 % change on previous year in 2024, according to Statizoid (derived).
What is the highest regulatory quality - governance estimate (approx. -2.5 to +2.5) recorded in Iceland?
The highest recorded value was 17.78 % change on previous year in 2011.
What is the lowest regulatory quality - governance estimate (approx. -2.5 to +2.5) recorded in Iceland?
The lowest recorded value was -33.47 % change on previous year in 2010.
How does Iceland rank for regulatory quality - governance estimate (approx. -2.5 to +2.5)?
Iceland ranks 147th out of 205 countries with data for 2024.
Is regulatory quality - governance estimate (approx. -2.5 to +2.5) rising or falling in Iceland?
Over the last ten years it is down 204.7%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from Statizoid (derived), published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), annual growth rate. Statizoid updates them automatically from the source API.

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Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5-annual-growth-rate/iceland/

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<a href="https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5-annual-growth-rate/iceland/">Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Iceland</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 4,390 data points, 2003–2024
Last refreshed

The year-on-year percentage change in Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.