Rule of Law - Standard error of the governance estimate in Iceland

Iceland: Rule of Law - Standard error of the governance estimate was 0.1857 in 2024. ▼ Falling

Latest (2024)
0.1857
Change on year
down 0.8%
World rank
58th
of 208 countries
All-time high
0.2281
in 1996
All-time low
0.1747
in 2010
Years of data
26
1996–2024

Rule of Law - Standard error of the governance estimate in Iceland, 1996–2024

00.050.10.150.20.251996201020241996: 0.2281998: 0.2282000: 0.2282002: 0.2282003: 0.2282004: 0.2282005: 0.2182006: 0.1812007: 0.1812008: 0.1812009: 0.1812010: 0.1752011: 0.1752012: 0.1752013: 0.1752014: 0.1752015: 0.1752016: 0.1752017: 0.1752018: 0.1782019: 0.1852020: 0.22021: 0.1922022: 0.1872023: 0.1872024: 0.186

Source: World Bank.

Analysis

The most recent figure for rule of law - standard error of the governance estimate in Iceland is 0.1857, measured in 2024.

Compared with earlier readings it is down 0.8% on the previous year and up 6.3% over ten years.

Over the whole period, rule of law - standard error of the governance estimate in Iceland peaked at 0.2281 in 1996 and was at its lowest, 0.1747, in 2010.

Iceland ranks 58th of 208 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Rule of Law - Standard error of the governance estimate in Iceland, year by year

Annual values for Rule of Law - Standard error of the governance estimate in Iceland, 1996 to 2024.
Year Value Change
1996 0.2281
1998 0.2281 +0.0%
2000 0.2281 +0.0%
2002 0.2281 +0.0%
2003 0.2281 +0.0%
2004 0.2281 +0.0%
2005 0.218 -4.5%
2006 0.1811 -16.9%
2007 0.1811 +0.0%
2008 0.1811 +0.0%
2009 0.1806 -0.3%
2010 0.1747 -3.3%
2011 0.1747 +0.0%
2012 0.1747 +0.0%
2013 0.1747 +0.0%
2014 0.1747 +0.0%
2015 0.1747 +0.0%
2016 0.1747 +0.0%
2017 0.1747 +0.0%
2018 0.1783 +2.0%
2019 0.1846 +3.5%
2020 0.2004 +8.6%
2021 0.1925 -4.0%
2022 0.1871 -2.8%
2023 0.1871 +0.0%
2024 0.1857 -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2281 0.2281 0.2281 2
2000s 0.2061 0.1806 0.2281 9
2010s 0.176 0.1747 0.1846 10
2020s 0.1906 0.1857 0.2004 5

Countries ranked near Iceland

  1. 56 Qatar 0.1867 compare
  2. 57 Oman 0.1861 compare
  3. 59 Eswatini 0.1848 compare
  4. 60 Bahrain 0.1847 compare
  5. 61 Papua New Guinea 0.1836 compare

See the full ranking of 208 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is rule of law - standard error of the governance estimate in Iceland?
Rule of law - standard error of the governance estimate in Iceland was 0.1857 in 2024, according to the World Bank.
What is the highest rule of law - standard error of the governance estimate recorded in Iceland?
The highest recorded value was 0.2281 in 1996.
What is the lowest rule of law - standard error of the governance estimate recorded in Iceland?
The lowest recorded value was 0.1747 in 2010.
How does Iceland rank for rule of law - standard error of the governance estimate?
Iceland ranks 58th out of 208 countries with data for 2024.
Is rule of law - standard error of the governance estimate rising or falling in Iceland?
Over the last ten years it is up 6.3%. The long-run trend across the full record is falling.
Where does this Iceland data come from?
The figures come from the World Bank, published as part of Rule of Law - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

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Rule of Law - Standard error of the governance estimate in Iceland. Statizoid. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/rule-of-law-standard-error-of-the-governance-estimate/iceland/

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About this data

Indicator
Rule of Law - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 5,320 data points, 1996–2024
Last refreshed