Readiness score, Governance in Iceland
Iceland: Readiness score, Governance was 0.7917 in 2024. ▬ Flat
Readiness score, Governance in Iceland, 2015–2024
Source: International Monetary Fund.
Analysis
The most recent figure for readiness score, governance in Iceland is 0.7917, measured in 2024. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 2.2% over ten years.
Over the whole period, readiness score, governance in Iceland peaked at 0.8222 in 2021 and was at its lowest, 0.7917, in 2023.
Iceland ranks 13th of 188 countries on this measure, in the top 10%.
Readiness score, Governance in Iceland, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 0.8098 | — |
| 2016 | 0.8051 | -0.6% |
| 2017 | 0.8105 | +0.7% |
| 2018 | 0.8182 | +0.9% |
| 2019 | 0.8202 | +0.2% |
| 2020 | 0.8146 | -0.7% |
| 2021 | 0.8222 | +0.9% |
| 2022 | 0.7944 | -3.4% |
| 2023 | 0.7917 | -0.3% |
| 2024 | 0.7917 | +0.0% |
Iceland compared with similar countries
- Iceland's 0.7917 is above the median for high income countries, which is 0.6782, 1.2× the median. (62 countries reporting)
- Iceland's 0.7917 is above the median for Europe & Central Asia, which is 0.6149, 1.3× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8127 | 0.8051 | 0.8202 | 5 |
| 2020s | 0.8029 | 0.7917 | 0.8222 | 5 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Real gdp growth, annual growth rate -125.5 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.48 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.55 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1,500 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5124 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 1,095 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is readiness score, governance in Iceland?
- Readiness score, governance in Iceland was 0.7917 in 2024, according to International Monetary Fund.
- What is the highest readiness score, governance recorded in Iceland?
- The highest recorded value was 0.8222 in 2021.
- What is the lowest readiness score, governance recorded in Iceland?
- The lowest recorded value was 0.7917 in 2023.
- How does Iceland rank for readiness score, governance?
- Iceland ranks 13th out of 188 countries with data for 2024.
- Is readiness score, governance rising or falling in Iceland?
- Over the last ten years it is down 2.2%. The long-run trend across the full record is flat.
- Where does this Iceland data come from?
- The figures come from International Monetary Fund, published as part of Readiness score, Governance. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The ND-GAIN index is a global free open-source index, that measures a country’s current vulnerability to climate disruptions and assesses a country’s readiness to leverage private and public sector investment for adaptive actions. The IMF-adapted ND-GAIN index is an adaptation of the original index, adjusted by IMF staff to replace the Doing Business (DB) Index, used as source data in the original ND-GAIN, because the DB database has been discontinued by the World Bank in 2020 and it is no longer allowed in IMF work. The IMF-adapted ND-GAIN is an interim solution offered by IMF staff until the ND-GAIN compilers will review the methodology and replace the DB index.