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

Iceland: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), gaps was 1.33 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.33 approx. -2.5 to +2.5
Change on year
down 4.6%
World rank
22nd
of 205 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
29
1996–2024

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), gaps in Iceland, 1996–2024

00.511.521996201020241996: 0.715 approx. -2.5 to +2.51997: 0.897 approx. -2.5 to +2.51998: 1.1 approx. -2.5 to +2.51999: 1.3 approx. -2.5 to +2.52000: 1.5 approx. -2.5 to +2.52001: 1.6 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: Statizoid (derived). Measured in approx. -2.5 to +2.5.

Analysis

In 2024, regulatory quality - governance estimate (approx. -2.5 to +2.5), gaps 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 (approx. -2.5 to +2.5), gaps 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 205 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 29 years of available data.

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

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), gaps filled in Iceland, 1996 to 2024.
Year approx. -2.5 to +2.5 Change
1996 0.7149 approx. -2.5 to +2.5 —
1997 0.897 approx. -2.5 to +2.5 +25.5%
1998 1.08 approx. -2.5 to +2.5 +20.3%
1999 1.27 approx. -2.5 to +2.5 +17.3%
2000 1.45 approx. -2.5 to +2.5 +14.8%
2001 1.55 approx. -2.5 to +2.5 +7.0%
2002 1.66 approx. -2.5 to +2.5 +6.5%
2003 1.77 approx. -2.5 to +2.5 +7.0%
2004 1.79 approx. -2.5 to +2.5 +1.0%
2005 1.81 approx. -2.5 to +2.5 +0.9%
2006 1.79 approx. -2.5 to +2.5 -0.9%
2007 1.72 approx. -2.5 to +2.5 -4.1%
2008 1.42 approx. -2.5 to +2.5 -17.3%
2009 1.47 approx. -2.5 to +2.5 +3.2%
2010 0.9752 approx. -2.5 to +2.5 -33.5%
2011 1.15 approx. -2.5 to +2.5 +17.8%
2012 1.18 approx. -2.5 to +2.5 +3.1%
2013 1.15 approx. -2.5 to +2.5 -3.2%
2014 1.2 approx. -2.5 to +2.5 +4.4%
2015 1.3 approx. -2.5 to +2.5 +8.2%
2016 1.28 approx. -2.5 to +2.5 -1.0%
2017 1.43 approx. -2.5 to +2.5 +11.1%
2018 1.44 approx. -2.5 to +2.5 +1.0%
2019 1.52 approx. -2.5 to +2.5 +5.3%
2020 1.47 approx. -2.5 to +2.5 -3.2%
2021 1.63 approx. -2.5 to +2.5 +11.1%
2022 1.43 approx. -2.5 to +2.5 -12.6%
2023 1.39 approx. -2.5 to +2.5 -2.1%
2024 1.33 approx. -2.5 to +2.5 -4.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9893 approx. -2.5 to +2.5 0.7149 approx. -2.5 to +2.5 1.27 approx. -2.5 to +2.5 4
2000s 1.64 approx. -2.5 to +2.5 1.42 approx. -2.5 to +2.5 1.81 approx. -2.5 to +2.5 10
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 (approx. -2.5 to +2.5), gaps in Iceland?
Regulatory quality - governance estimate (approx. -2.5 to +2.5), gaps in Iceland was 1.33 approx. -2.5 to +2.5 in 2024, according to Statizoid (derived).
What is the highest regulatory quality - governance estimate (approx. -2.5 to +2.5), gaps 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 (approx. -2.5 to +2.5), gaps 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 (approx. -2.5 to +2.5), gaps?
Iceland ranks 22nd out of 205 countries with data for 2024.
Is regulatory quality - governance estimate (approx. -2.5 to +2.5), gaps rising or falling in Iceland?
Over the last ten years it is up 11.0%. The long-run trend across the full record is rising.
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), gaps filled. Statizoid updates them automatically from the source API.

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Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), gaps in Iceland. Statizoid, drawing on Statizoid (derived). Retrieved 25 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5-gaps-filled/iceland/

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

How this figure is calculated

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) with 543 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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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), gaps filled
Unit
approx. -2.5 to +2.5
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
205 places, 5,703 data points, 1996–2024
Last refreshed

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) with 543 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.