Regulatory Quality - Governance score in Iceland

Iceland: Regulatory Quality - Governance score was 75.84 0-100 in 2024. ▬ Flat

Latest (2024)
75.84 0-100
Change on year
down 1.3%
World rank
22nd
of 205 countries
All-time high
83.35 0-100
in 2005
All-time low
66.14 0-100
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance score in Iceland, 1996–2024

0204060801996201020241996: 66.1 0-1001998: 71.9 0-1002000: 77.8 0-1002002: 81 0-1002003: 82.8 0-1002004: 83.1 0-1002005: 83.3 0-1002006: 83.1 0-1002007: 81.9 0-1002008: 77.3 0-1002009: 78 0-1002010: 70.2 0-1002011: 73 0-1002012: 73.5 0-1002013: 73 0-1002014: 73.8 0-1002015: 75.3 0-1002016: 75.1 0-1002017: 77.4 0-1002018: 77.6 0-1002019: 78.8 0-1002020: 78 0-1002021: 80.6 0-1002022: 77.3 0-1002023: 76.9 0-1002024: 75.8 0-100

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in 0-100.

Analysis

In 2024, regulatory quality - governance score in Iceland stood at 75.84 0-100.

Compared with earlier readings it is down 1.3% on the previous year and up 2.8% over ten years.

Over the whole period, regulatory quality - governance score in Iceland peaked at 83.35 0-100 in 2005 and was at its lowest, 66.14 0-100, in 1996.

That places Iceland 22nd out of 205 countries with data for 2024, putting it in the top quarter.

Regulatory Quality - Governance score in Iceland, year by year

Annual values for Regulatory Quality - Governance score (0-100) in Iceland, 1996 to 2024.
Year 0-100 Change
1996 66.14 0-100
1998 71.88 0-100 +8.7%
2000 77.78 0-100 +8.2%
2002 80.98 0-100 +4.1%
2003 82.81 0-100 +2.3%
2004 83.1 0-100 +0.4%
2005 83.35 0-100 +0.3%
2006 83.1 0-100 -0.3%
2007 81.93 0-100 -1.4%
2008 77.26 0-100 -5.7%
2009 77.98 0-100 +0.9%
2010 70.24 0-100 -9.9%
2011 72.98 0-100 +3.9%
2012 73.55 0-100 +0.8%
2013 72.96 0-100 -0.8%
2014 73.76 0-100 +1.1%
2015 75.31 0-100 +2.1%
2016 75.11 0-100 -0.3%
2017 77.36 0-100 +3.0%
2018 77.58 0-100 +0.3%
2019 78.78 0-100 +1.5%
2020 78.01 0-100 -1.0%
2021 80.57 0-100 +3.3%
2022 77.34 0-100 -4.0%
2023 76.86 0-100 -0.6%
2024 75.84 0-100 -1.3%

Iceland compared with similar countries

  • Iceland's 75.84 0-100 is above the median for high income countries, which is 69.85 0-100, 1.1× the median. (73 countries reporting)
  • Iceland's 75.84 0-100 is above the median for Europe & Central Asia, which is 65.11 0-100, 1.2× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 69.01 0-100 66.14 0-100 71.88 0-100 2
2000s 80.92 0-100 77.26 0-100 83.35 0-100 9
2010s 74.76 0-100 70.24 0-100 78.78 0-100 10
2020s 77.72 0-100 75.84 0-100 80.57 0-100 5

Countries ranked near Iceland

  1. 19 Canada 76.35 0-100 compare
  2. 20 United States 76.19 0-100 compare
  3. 21 Austria 76.17 0-100 compare
  4. 23 Japan 75.83 0-100 compare
  5. 24 Lithuania 75.23 0-100 compare
  6. 25 Belgium 74.48 0-100 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 score in Iceland?
Regulatory quality - governance score in Iceland was 75.84 0-100 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest regulatory quality - governance score recorded in Iceland?
The highest recorded value was 83.35 0-100 in 2005.
What is the lowest regulatory quality - governance score recorded in Iceland?
The lowest recorded value was 66.14 0-100 in 1996.
How does Iceland rank for regulatory quality - governance score?
Iceland ranks 22nd out of 205 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Iceland?
Over the last ten years it is up 2.8%. The long-run trend across the full record is flat.
Where does this Iceland data come from?
The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Regulatory Quality - Governance score (0-100). Statizoid updates them automatically from the source API.

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Regulatory Quality - Governance score in Iceland. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 23 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-score-0-100/iceland/

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About this data

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,160 data points, 1996–2024
Last refreshed

Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).