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Iceland Regulatory Quality

Regulatory Quality  RQ.EST

1.27 −0.02 (-1.3%)
Year 2025 Rank #27 Global Peak 1.63 (2003) Source World Bank WGI

Iceland Regulatory Quality (1996–2025)

Overview

Iceland's regulatory quality stood at 1.27 in 2025, a decline of +0.02 from 2023. Based on recent trends, this figure is projected to reach 1.27 by 2025. Iceland ranked 27th globally.

Data & projection

Year Regulatory Quality YoY change Rank
2026* trend 1.24 - -
2025* trend 1.27 - -
2025 1.27 −0.02 #27
2023 1.28 −0.02 #27
2022 1.31 −0.22 #25
2021 1.53 +0.08 #18
2020 1.44 +0.08 #19
2019 1.36 −0.05 #21
2018 1.41 −0.01 #21
2017 1.42 +0.16 #21
2016 1.27 +0.00 #27
2015 1.26 +0.05 #26
2014 1.21 +0.08 #24
2013 1.13 +0.02 #31
2012 1.11 +0.06 #34
2011 1.05 +0.13 #37
2010 0.92 −0.09 #42
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 regulatory quality improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iceland's regulatory quality?

Iceland's regulatory quality was 1.27 in 2025. Ranked 27th globally. This represents a 1.3% decrease from the previous year.

What was the highest regulatory quality in Iceland?

Iceland's regulatory quality peaked at 1.63 in 2003.

What was the lowest regulatory quality in Iceland?

The lowest regulatory quality in Iceland was 0.92 in 2010.

How does Iceland rank in regulatory quality?

Iceland ranks 27th globally in regulatory quality as of 2025.

What is the World Bank indicator code for regulatory quality?

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

What is the projected regulatory quality of Iceland in 2025?

Iceland's regulatory quality is projected to reach 1.27 by 2025 based on trend extrapolation.

What is the regulatory quality of Iceland in 2025?

The regulatory quality of Iceland in 2025 was 1.27. This ranks 27th in the world.

Cite this page

APA
Iceland Regulatory Quality. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/iceland/regulatory-quality
BibTeX
@misc{historysaid_iceland_regulatory-quality, title = {Iceland Regulatory Quality}, url = {https://historysaid.com/iceland/regulatory-quality}, publisher = {HistorySaid}, year = {2026} }