Regulatory Quality - Governance score in Iceland
Iceland: Regulatory Quality - Governance score was 75.84 0-100 in 2024. ▬ Flat
Regulatory Quality - Governance score in Iceland, 1996–2024
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 204 countries with data for 2024, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Iceland
- Number of child deaths per woman 0.0053 under-five deaths per woman (2024)
- Fertility rate vs. Human Development Index 1.54 live births per woman (2023)
- Fertility rate: births per woman 1.54 live births per woman (2023)
- Fertility rate: births per woman 1.54 live births per woman (2023)
- Human Development Index 0.972 (2023)
- Rule of Law - Governance estimate 1.63 approx. -2.5 to +2.5 (2024)
- Rule of Law - Governance score 84.98 0-100 (2024)
- Voice and Accountability - Governance estimate 1.42 approx. -2.5 to +2.5 (2024)
- Voice and Accountability - Governance score 81.79 0-100 (2024)
- Political Stability - Governance score 86.49 0-100 (2024)
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 204 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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About this data
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).