What is starting a business - score in Iceland?

Starting a business - score in Iceland was 90.65 in 2019, according to the World Bank.

What is the highest starting a business - score recorded in Iceland?

The highest recorded value was 92.12 in 2013.

What is the lowest starting a business - score recorded in Iceland?

The lowest recorded value was 90.34 in 2014.

How does Iceland rank for starting a business - score?

Iceland ranks 63rd out of 188 countries with data for 2019.

Is starting a business - score rising or falling in Iceland?

Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.

Where does this Iceland data come from?

The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.

Starting a business - Score in Iceland

Name: Starting a business - Score in Iceland
Creator: World Bank
License: CC BY 4.0 (World Bank Open Data)

Iceland: Starting a business - Score was 90.65 in 2019. ▬ Flat

Latest (2019)

90.65

Change on year

down 0.1%

World rank

63rd

of 188 countries

All-time high

92.12

in 2013

All-time low

90.34

in 2014

Years of data

2004–2019

Starting a business - Score in Iceland, 2004–2019

Source: World Bank.

Analysis

The most recent figure for starting a business - score in Iceland is 90.65, measured in 2019.

The figure is down 0.1% on the previous year and down 1.1% over ten years.

Over the whole period, starting a business - score in Iceland peaked at 92.12 in 2013 and was at its lowest, 90.34, in 2014.

Iceland ranks 63rd of 188 countries on this measure, in the middle of the range.

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	91.65	91.47	91.81	6
2010s	91.15	90.34	92.12	10

Countries ranked near Iceland

60 Ukraine 91.08 compare
61 Tonga 90.95 compare
62 Portugal 90.9 compare
64 Benin 90.62 compare
65 Uruguay 89.6 compare
66 Bahrain 89.59 compare

See the full ranking of 190 places →

More private sector data for Iceland

Merchandise trade 46.9% (2025)
Food imports 11.1% (2025)
Manufactures imports 71.1% (2025)
Merchandise imports 10.94 billion current US$ (2025)
Food exports 46.9% (2025)
Manufactures exports 14.0% (2025)
Merchandise exports 7.17 billion current US$ (2025)
Commercial service exports 8.13 billion current US$ (2025)
Transport services 16.3% (2025)
Computer, communications and other services 41.2% (2025)

All data for Iceland →

Frequently asked questions

What is starting a business - score in Iceland?: Starting a business - score in Iceland was 90.65 in 2019, according to the World Bank.
What is the highest starting a business - score recorded in Iceland?: The highest recorded value was 92.12 in 2013.
What is the lowest starting a business - score recorded in Iceland?: The lowest recorded value was 90.34 in 2014.
How does Iceland rank for starting a business - score?: Iceland ranks 63rd out of 188 countries with data for 2019.
Is starting a business - score rising or falling in Iceland?: Over the last ten years it is down 1.1%. The long-run trend across the full record is flat.
Where does this Iceland data come from?: The figures come from the World Bank, published as part of Starting a business - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator: Starting a business - Score
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 190 places, 3,083 data points, 2003–2019
Last refreshed: 10 August 2026

The score for starting a business is the simple average of the scores for each of the component indicators: the procedures, time and cost for an entrepreneur to start and formally operate a business, as well as the paid-in minimum capital requirement.