Iceland Business Environment
Iceland IS: Business Extent of Disclosure Index
IS: Business Extent of Disclosure Index data was reported at 7.000 NA in 2017. This stayed constant from the previous number of 7.000 NA for 2016. IS: Business Extent of Disclosure Index data is updated yearly, averaging 5.000 NA from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 7.000 NA in 2017 and a record low of 4.000 NA in 2010. IS: Business Extent of Disclosure Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Disclosure index measures the extent to which investors are protected through disclosure of ownership and financial information. The index ranges from 0 to 10, with higher values indicating more disclosure.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 7.00 2017 | yearly | 2005 - 2017 |
View Iceland's Iceland IS: Business Extent of Disclosure Index from 2005 to 2017 in the chart:
Iceland IS: Depth of Credit Information Index: 0=Low To 8=High
IS: Depth of Credit Information Index: 0=Low To 8=High data was reported at 7.000 NA in 2017. This stayed constant from the previous number of 7.000 NA for 2016. IS: Depth of Credit Information Index: 0=Low To 8=High data is updated yearly, averaging 7.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 7.000 NA in 2017 and a record low of 7.000 NA in 2017. IS: Depth of Credit Information Index: 0=Low To 8=High data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Depth of credit information index measures rules affecting the scope, accessibility, and quality of credit information available through public or private credit registries. The index ranges from 0 to 8, with higher values indicating the availability of more credit information, from either a public registry or a private bureau, to facilitate lending decisions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 7.00 2017 | yearly | 2013 - 2017 |
View Iceland's Iceland IS: Depth of Credit Information Index: 0=Low To 8=High from 2013 to 2017 in the chart:
Iceland IS: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier
IS: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data was reported at 78.500 NA in 2017. This records an increase from the previous number of 78.490 NA for 2016. IS: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data is updated yearly, averaging 78.490 NA from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 78.500 NA in 2017 and a record low of 78.460 NA in 2015. IS: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Distance to frontier score illustrates the distance of an economy to the 'frontier,' which represents the best performance observed on each Doing Business topic across all economies and years included since 2005. An economy's distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. For example, a score of 75 in 2012 means an economy was 25 percentage points away from the frontier constructed from the best performances across all economies and across time. A score of 80 in 2013 would indicate the economy is improving.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 78.50 2017 | yearly | 2015 - 2017 |
View Iceland's Iceland IS: Distance to Frontier Score: 0=Lowest Performance To 100=Frontier from 2015 to 2017 in the chart:
Iceland IS: Ease of Doing Business Index: 1=Most Business-friendly Regulations
IS: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 23.000 NA in 2017. IS: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 23.000 NA from Dec 2017 (Median) to 2017, with 1 observations. IS: Ease of Doing Business Index: 1=Most Business-friendly Regulations data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 23.00 2017 | yearly | 2017 - 2017 |
View Iceland's Iceland IS: Ease of Doing Business Index: 1=Most Business-friendly Regulations from 2017 to 2017 in the chart:
Iceland IS: Labour Tax and Contributions: % of Commercial Profits
IS: Labour Tax and Contributions: % of Commercial Profits data was reported at 17.800 % in 2017. This records a decrease from the previous number of 18.300 % for 2016. IS: Labour Tax and Contributions: % of Commercial Profits data is updated yearly, averaging 17.800 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 19.600 % in 2012 and a record low of 12.800 % in 2009. IS: Labour Tax and Contributions: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 17.80 2017 | yearly | 2005 - 2017 |
View Iceland's Iceland IS: Labour Tax and Contributions: % of Commercial Profits from 2005 to 2017 in the chart:
Iceland IS: Other Taxes Payable by Businesses: % of Commercial Profits
IS: Other Taxes Payable by Businesses: % of Commercial Profits data was reported at 2.900 % in 2017. This stayed constant from the previous number of 2.900 % for 2016. IS: Other Taxes Payable by Businesses: % of Commercial Profits data is updated yearly, averaging 3.100 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 4.800 % in 2005 and a record low of 2.800 % in 2014. IS: Other Taxes Payable by Businesses: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 2.90 2017 | yearly | 2005 - 2017 |
View Iceland's Iceland IS: Other Taxes Payable by Businesses: % of Commercial Profits from 2005 to 2017 in the chart:
Iceland IS: Profit Tax: % of Commercial Profits
IS: Profit Tax: % of Commercial Profits data was reported at 9.000 % in 2017. This records an increase from the previous number of 8.900 % for 2016. IS: Profit Tax: % of Commercial Profits data is updated yearly, averaging 8.700 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 9.000 % in 2017 and a record low of 6.900 % in 2010. IS: Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.
| Last | Frequency | Range |
|---|---|---|
| 9.00 2017 | yearly | 2005 - 2017 |
View Iceland's Iceland IS: Profit Tax: % of Commercial Profits from 2005 to 2017 in the chart:
Iceland IS: Strength of Legal Rights Index: 0=Weak To 12=Strong
IS: Strength of Legal Rights Index: 0=Weak To 12=Strong data was reported at 5.000 NA in 2017. This stayed constant from the previous number of 5.000 NA for 2016. IS: Strength of Legal Rights Index: 0=Weak To 12=Strong data is updated yearly, averaging 5.000 NA from Dec 2013 (Median) to 2017, with 5 observations. The data reached an all-time high of 5.000 NA in 2017 and a record low of 5.000 NA in 2017. IS: Strength of Legal Rights Index: 0=Weak To 12=Strong data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Business Environment. Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.
| Last | Frequency | Range |
|---|---|---|
| 5.00 2017 | yearly | 2013 - 2017 |