Iceland is ranked 21 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iceland improved to 21 in 2018 from 23 in 2017. Ease of Doing Business in Iceland averaged 15.73 from 2008 until 2018, reaching an all time high of 23 in 2017 and a record low of 9 in 2011.

Ease of Doing Business in Iceland
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Iceland Business Last Previous Highest Lowest Unit
Changes in Inventories 2510.00 -2639.00 19361.00 -11152.00 ISK Million [+]
Car Registrations 1187.00 1076.00 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 70.00 39.00 214.00 6.00 Companies [+]
Competitiveness Index 74.51 74.61 74.61 4.66 Points [+]
Competitiveness Rank 24.00 24.00 31.00 20.00 [+]
Ease of Doing Business 21.00 23.00 23.00 9.00 [+]
Corruption Index 77.00 78.00 97.00 77.00 Points [+]
Corruption Rank 13.00 14.00 14.00 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. This page includes a chart with historical data for Ease of Doing Business in Iceland. Ease of Doing Business in Iceland - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
21.00 23.00 23.00 9.00 2008 - 2018 Yearly




Country Last Previous
Singapore 2.00 Dec/18
South Korea 5.00 Dec/18
United States 8.00 Dec/18
United Kingdom 9.00 Dec/18
Australia 18.00 Dec/18
Canada 22.00 Dec/18
Germany 24.00 Dec/18
Spain 30.00 Dec/18
Russia 31.00 Dec/18
France 32.00 Dec/18
Netherlands 36.00 Dec/18
Switzerland 38.00 Dec/18
Japan 39.00 Dec/18
Turkey 43.00 Dec/18
China 46.00 Dec/18
Italy 51.00 Dec/18
Mexico 54.00 Dec/18
Indonesia 73.00 Dec/18
India 77.00 Dec/18
South Africa 82.00 Dec/18
Saudi Arabia 92.00 Dec/18
Brazil 109.00 Dec/18
Argentina 119.00 Dec/18


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