Dimension 5.2: Standards and Methods in Saint Lucia

Saint Lucia: Dimension 5.2: Standards and Methods was 0.55 in 2023. ▲ Rising

Latest (2023)
0.55
Change on year
unchanged
World rank
114th
of 188 countries
All-time high
0.55
in 2021
All-time low
0.2
in 2017
Years of data
8
2016–2023

Dimension 5.2: Standards and Methods in Saint Lucia, 2016–2023

00.20.40.62016201920232016: 0.252017: 0.22018: 0.252019: 0.252020: 0.32021: 0.552022: 0.552023: 0.55

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Saint Lucia recorded 0.55 for dimension 5.2: standards and methods in 2023. That is the highest value across all 8 years on record.

That represents a change of up 120.0% over ten years.

Saint Lucia ranks 114th of 188 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.2375 0.2 0.25 4
2020s 0.4875 0.3 0.55 4

Countries ranked near Saint Lucia

  1. 114 Afghanistan 0.55 compare
  2. 114 Belize 0.55 compare
  3. 114 Bolivia 0.55 compare
  4. 114 Cape Verde 0.55 compare
  5. 114 Cambodia 0.55 compare
  6. 114 Cameroon 0.55 compare
  7. 114 Gambia 0.55 compare
  8. 114 Guinea 0.55 compare
  9. 114 Morocco 0.55 compare
  10. 114 Nepal 0.55 compare
  11. 114 Nicaragua 0.55 compare
  12. 114 Peru 0.55 compare
  13. 114 San Marino 0.55 compare
  14. 114 Suriname 0.55 compare
  15. 114 Tanzania 0.55 compare

See the full ranking of 190 places →

More reference data data for Saint Lucia

All data for Saint Lucia →

Frequently asked questions

What is dimension 5.2: standards and methods in Saint Lucia?
Dimension 5.2: standards and methods in Saint Lucia was 0.55 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 5.2: standards and methods recorded in Saint Lucia?
The highest recorded value was 0.55 in 2021.
What is the lowest dimension 5.2: standards and methods recorded in Saint Lucia?
The lowest recorded value was 0.2 in 2017.
How does Saint Lucia rank for dimension 5.2: standards and methods?
Saint Lucia ranks 114th out of 188 countries with data for 2023.
Is dimension 5.2: standards and methods rising or falling in Saint Lucia?
Over the last ten years it is up 120.0%. The long-run trend across the full record is rising.
Where does this Saint Lucia data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 5.2: Standards and Methods. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Dimension 5.2: Standards and Methods
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 1,515 data points, 2016–2023
Last refreshed

Average score for Standards and Methods indicators. Internationally accepted and recommended methodology, classifications and standards provide the basis for national statistical offices (NSOs) on data integration, facilitating data exchange and providing the foundation for the preparation of relevant statistical indicators. The following methods and standards are considered: System of national accounts in use, National Accounts base year, Classification of national industry, CPI base year, Classification of household consumption, Classification of status of employment, Central government accounting status, Compilation of government finance statistics, Compilation of monetary and financial statistics, Business process. . Further work could improve the validity of this indicator and reduce the risk that countries may be incentivized to adopt only traditional standards and methods and neglect innovative solutions that may be more valid in the current context.