Government Effectiveness - Governance estimate in Monaco

Monaco: Government Effectiveness - Governance estimate was 1.74 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
1.74 approx. -2.5 to +2.5
Change on year
down 0.1%
World rank
13th
of 205 countries
All-time high
1.8 approx. -2.5 to +2.5
in 2019
All-time low
1.74 approx. -2.5 to +2.5
in 2024
Years of data
10
2015–2024

Government Effectiveness - Governance estimate in Monaco, 2015–2024

00.511.522015201920242015: 1.8 approx. -2.5 to +2.52016: 1.8 approx. -2.5 to +2.52017: 1.8 approx. -2.5 to +2.52018: 1.8 approx. -2.5 to +2.52019: 1.8 approx. -2.5 to +2.52020: 1.8 approx. -2.5 to +2.52021: 1.8 approx. -2.5 to +2.52022: 1.7 approx. -2.5 to +2.52023: 1.7 approx. -2.5 to +2.52024: 1.7 approx. -2.5 to +2.5

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.

Analysis

Monaco recorded 1.74 approx. -2.5 to +2.5 for government effectiveness - governance estimate in 2024. That is the lowest value across all 10 years on record.

That represents a change of down 0.1% on the previous year and down 3.4% over ten years.

Over the whole period, government effectiveness - governance estimate in Monaco peaked at 1.8 approx. -2.5 to +2.5 in 2019 and was at its lowest, 1.74 approx. -2.5 to +2.5, in 2024.

Monaco ranks 13th of 205 countries on this measure, in the top 10%.

Government Effectiveness - Governance estimate in Monaco, year by year

Annual values for Government Effectiveness - Governance estimate (approx. -2.5 to +2.5) in Monaco, 2015 to 2024.
Year approx. -2.5 to +2.5 Change
2015 1.8 approx. -2.5 to +2.5 —
2016 1.8 approx. -2.5 to +2.5 +0.1%
2017 1.8 approx. -2.5 to +2.5 +0.0%
2018 1.8 approx. -2.5 to +2.5 +0.1%
2019 1.8 approx. -2.5 to +2.5 +0.1%
2020 1.8 approx. -2.5 to +2.5 -0.3%
2021 1.8 approx. -2.5 to +2.5 +0.2%
2022 1.74 approx. -2.5 to +2.5 -3.5%
2023 1.74 approx. -2.5 to +2.5 +0.1%
2024 1.74 approx. -2.5 to +2.5 -0.1%

Monaco compared with similar countries

  • Monaco's 1.74 approx. -2.5 to +2.5 is above the median for high income countries, which is 1.09 approx. -2.5 to +2.5, 1.6× the median. (73 countries reporting)
  • Monaco's 1.74 approx. -2.5 to +2.5 is above the median for Europe & Central Asia, which is 0.7432 approx. -2.5 to +2.5, 2.3× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 1.8 approx. -2.5 to +2.5 1.8 approx. -2.5 to +2.5 1.8 approx. -2.5 to +2.5 5
2020s 1.76 approx. -2.5 to +2.5 1.74 approx. -2.5 to +2.5 1.8 approx. -2.5 to +2.5 5

Countries ranked near Monaco

  1. 10 Sweden 1.77 approx. -2.5 to +2.5 compare
  2. 11 Canada 1.76 approx. -2.5 to +2.5 compare
  3. 12 Netherlands 1.75 approx. -2.5 to +2.5 compare
  4. 14 Liechtenstein 1.69 approx. -2.5 to +2.5 compare
  5. 15 Iceland 1.65 approx. -2.5 to +2.5 compare
  6. 16 Hong Kong 1.64 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Monaco

All data for Monaco →

Frequently asked questions

What is government effectiveness - governance estimate in Monaco?
Government effectiveness - governance estimate in Monaco was 1.74 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
What is the highest government effectiveness - governance estimate recorded in Monaco?
The highest recorded value was 1.8 approx. -2.5 to +2.5 in 2019.
What is the lowest government effectiveness - governance estimate recorded in Monaco?
The lowest recorded value was 1.74 approx. -2.5 to +2.5 in 2024.
How does Monaco rank for government effectiveness - governance estimate?
Monaco ranks 13th out of 205 countries with data for 2024.
Is government effectiveness - governance estimate rising or falling in Monaco?
Over the last ten years it is down 3.4%. The long-run trend across the full record is flat.
Where does this Monaco data come from?
The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), published as part of Government Effectiveness - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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Government Effectiveness - Governance estimate in Monaco. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 25 September 2026, from https://reference.statizoid.com/stat/government-effectiveness-governance-estimate-approx-2-5-to-2-5/monaco/

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About this data

Indicator
Government Effectiveness - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,161 data points, 1996–2024
Last refreshed

Government Effectiveness (GE) captures perceptions of the quality of public services, the civil service, policy formulation and implementation, and the credibility of a government’s decisions. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.