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Iceland Government Effectiveness

Government Effectiveness  GE.EST

1.63 +0.07 (+4.6%)
Year 2025 Rank #9 Global Peak 2.05 (2004) Source World Bank WGI

Iceland Government Effectiveness (1996–2025)

Overview

Iceland's government effectiveness stood at 1.63 in 2025, a rise of +0.07 from 2023. Based on recent trends, this figure is projected to reach 1.63 by 2025. Iceland ranked 9th globally.

Data & projection

Year Government Effectiveness YoY change Rank
2026* trend 1.65 - -
2025* trend 1.63 - -
2025 1.63 +0.07 #9
2023 1.56 −0.01 #15
2022 1.56 −0.03 #14
2021 1.59 +0.12 #12
2020 1.48 −0.01 #19
2019 1.48 +0.06 #20
2018 1.43 +0.01 #22
2017 1.41 +0.06 #22
2016 1.35 −0.11 #25
2015 1.46 −0.02 #23
2014 1.49 +0.00 #21
2013 1.48 −0.00 #22
2012 1.48 −0.09 #21
2011 1.58 −0.00 #17
2010 1.58 −0.05 #17
Show all years (1996-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +43.3% GDP growth 6.2% C/A balance 9.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iceland matched the Export Boom Cycle pattern in 2016. Historically, 71% of countries showing this pattern (546 out of 768) saw government effectiveness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's government effectiveness?

Iceland's government effectiveness was 1.63 in 2025. Ranked 9th globally. This represents a 4.6% increase from the previous year.

What was the highest government effectiveness in Iceland?

Iceland's government effectiveness peaked at 2.05 in 2004.

What was the lowest government effectiveness in Iceland?

The lowest government effectiveness in Iceland was 1.35 in 2016.

How does Iceland rank in government effectiveness?

Iceland ranks 9th globally in government effectiveness as of 2025.

What is the World Bank indicator code for government effectiveness?

The World Bank indicator code is GE.EST. Data sourced from World Bank WGI.

What is the projected government effectiveness of Iceland in 2025?

Iceland's government effectiveness is projected to reach 1.63 by 2025 based on trend extrapolation.

What is the government effectiveness of Iceland in 2025?

The government effectiveness of Iceland in 2025 was 1.63. This ranks 9th in the world.

Cite this page

APA
Iceland Government Effectiveness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/iceland/government-effectiveness
BibTeX
@misc{historysaid_iceland_government-effectiveness, title = {Iceland Government Effectiveness}, url = {https://historysaid.com/iceland/government-effectiveness}, publisher = {HistorySaid}, year = {2026} }