Iceland is ranked 26 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iceland deteriorated to 26 in 2019 from 21 in 2018. source: World Bank

Ease of Doing Business in Iceland averaged 16.58 from 2008 until 2019, reaching an all time high of 26 in 2019 and a record low of 9 in 2011. This page includes a chart with historical data for Ease of Doing Business in Iceland. Ease of Doing Business in Iceland - values, historical data and charts - was last updated on August of 2021.

Ease of Doing Business in Iceland is expected to reach 21.00 by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ease of Doing Business in Iceland is projected to trend around 21.00 in 2021, according to our econometric models.

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Ease of Doing Business in Iceland

Actual Previous Highest Lowest Dates Unit Frequency
26.00 21.00 26.00 9.00 2008 - 2019 Yearly

Iceland Business Last Previous Highest Lowest Unit
Changes in Inventories 6321.00 -5579.00 19361.00 -11152.00 ISK Million [+]
Car Registrations 2149.00 1786.00 5005.00 77.00 [+]
Internet Speed 16496.34 17443.89 17458.80 3378.59 KBps [+]
IP Addresses 152051.00 145358.00 189992.00 106996.00 IP [+]
Bankruptcies 149.00 107.00 214.00 0.00 Companies [+]
Competitiveness Index 74.72 74.51 74.72 4.66 Points [+]
Competitiveness Rank 26.00 24.00 31.00 20.00 [+]
Ease of Doing Business 26.00 21.00 26.00 9.00 [+]
Corruption Index 75.00 78.00 97.00 75.00 Points [+]
Corruption Rank 17.00 11.00 17.00 1.00 [+]


Ease of Doing Business in Iceland
The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses.