Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Iceland
Iceland: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024. ▼ Falling
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Iceland, 1996–2024
Source: Statizoid (derived). Measured in approx. -2.5 to +2.5 per US$ of GDP.
Analysis
The most recent figure for regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Iceland is 0 approx. -2.5 to +2.5 per US$ of GDP, measured in 2024. That is the lowest value across all 26 years on record.
That represents a change of down 8.9% on the previous year and down 39.6% over ten years.
Over the whole period, regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Iceland peaked at 0 approx. -2.5 to +2.5 per US$ of GDP in 2002 and was at its lowest, 0 approx. -2.5 to +2.5 per US$ of GDP, in 2024.
Iceland ranks 21st of 204 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 26 years of available data.
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5), per in Iceland, year by year
| Year | approx. -2.5 to +2.5 per US$ of GDP | Change |
|---|---|---|
| 1996 | 0 approx. -2.5 to +2.5 per US$ of GDP | — |
| 1998 | 0 approx. -2.5 to +2.5 per US$ of GDP | +34.3% |
| 2000 | 0 approx. -2.5 to +2.5 per US$ of GDP | +27.3% |
| 2002 | 0 approx. -2.5 to +2.5 per US$ of GDP | +10.6% |
| 2003 | 0 approx. -2.5 to +2.5 per US$ of GDP | -12.9% |
| 2004 | 0 approx. -2.5 to +2.5 per US$ of GDP | -16.3% |
| 2005 | 0 approx. -2.5 to +2.5 per US$ of GDP | -17.9% |
| 2006 | 0 approx. -2.5 to +2.5 per US$ of GDP | -3.8% |
| 2007 | 0 approx. -2.5 to +2.5 per US$ of GDP | -22.9% |
| 2008 | 0 approx. -2.5 to +2.5 per US$ of GDP | -0.4% |
| 2009 | 0 approx. -2.5 to +2.5 per US$ of GDP | +42.6% |
| 2010 | 0 approx. -2.5 to +2.5 per US$ of GDP | -36.9% |
| 2011 | 0 approx. -2.5 to +2.5 per US$ of GDP | +6.5% |
| 2012 | 0 approx. -2.5 to +2.5 per US$ of GDP | +6.2% |
| 2013 | 0 approx. -2.5 to +2.5 per US$ of GDP | -10.9% |
| 2014 | 0 approx. -2.5 to +2.5 per US$ of GDP | -6.0% |
| 2015 | 0 approx. -2.5 to +2.5 per US$ of GDP | +10.3% |
| 2016 | 0 approx. -2.5 to +2.5 per US$ of GDP | -16.9% |
| 2017 | 0 approx. -2.5 to +2.5 per US$ of GDP | -6.5% |
| 2018 | 0 approx. -2.5 to +2.5 per US$ of GDP | -5.2% |
| 2019 | 0 approx. -2.5 to +2.5 per US$ of GDP | +12.4% |
| 2020 | 0 approx. -2.5 to +2.5 per US$ of GDP | +9.7% |
| 2021 | 0 approx. -2.5 to +2.5 per US$ of GDP | -6.7% |
| 2022 | 0 approx. -2.5 to +2.5 per US$ of GDP | -21.4% |
| 2023 | 0 approx. -2.5 to +2.5 per US$ of GDP | -9.9% |
| 2024 | 0 approx. -2.5 to +2.5 per US$ of GDP | -8.9% |
Iceland compared with similar countries
- Iceland's 0 approx. -2.5 to +2.5 per US$ of GDP is above the median for high income countries, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 11.3× the median. (73 countries reporting)
- Iceland's 0 approx. -2.5 to +2.5 per US$ of GDP is above the median for Europe & Central Asia, which is 0 approx. -2.5 to +2.5 per US$ of GDP, 17.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 2 |
| 2000s | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 9 |
| 2010s | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 10 |
| 2020s | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 0 approx. -2.5 to +2.5 per US$ of GDP | 5 |
Countries ranked near Iceland
- 18 Barbados 0 approx. -2.5 to +2.5 per US$ of GDP compare
- 19 Brunei 0 approx. -2.5 to +2.5 per US$ of GDP compare
- 20 Guam 0 approx. -2.5 to +2.5 per US$ of GDP compare
- 22 Grenada 0 approx. -2.5 to +2.5 per US$ of GDP compare
- 23 Estonia 0 approx. -2.5 to +2.5 per US$ of GDP compare
- 24 Macao 0 approx. -2.5 to +2.5 per US$ of GDP compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Iceland?
- Regulatory quality - governance estimate (approx. -2.5 to +2.5), per in Iceland was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest regulatory quality - governance estimate (approx. -2.5 to +2.5), per recorded in Iceland?
- The highest recorded value was 0 approx. -2.5 to +2.5 per US$ of GDP in 2002.
- What is the lowest regulatory quality - governance estimate (approx. -2.5 to +2.5), per recorded in Iceland?
- The lowest recorded value was 0 approx. -2.5 to +2.5 per US$ of GDP in 2024.
- How does Iceland rank for regulatory quality - governance estimate (approx. -2.5 to +2.5), per?
- Iceland ranks 21st out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate (approx. -2.5 to +2.5), per rising or falling in Iceland?
- Over the last ten years it is down 39.6%. The long-run trend across the full record is falling.
- 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), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) ÷ GDP (current US$)
Computed from
- Regulatory Quality - Governance estimate The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.