Government Effectiveness - Governance estimate in Venezuela
Venezuela: Government Effectiveness - Governance estimate was -1.47 approx. -2.5 to +2.5 in 2024. ▼ Falling
Government Effectiveness - Governance estimate in Venezuela, 1996–2024
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
Venezuela recorded -1.47 approx. -2.5 to +2.5 for government effectiveness - governance estimate in 2024.
Compared with earlier readings it is down 2.4% on the previous year and down 45.5% over ten years.
Over the whole period, government effectiveness - governance estimate in Venezuela peaked at -0.7295 approx. -2.5 to +2.5 in 1996 and was at its lowest, -1.6 approx. -2.5 to +2.5, in 2019.
That places Venezuela 195th out of 205 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Government Effectiveness - Governance estimate in Venezuela, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | -0.7295 approx. -2.5 to +2.5 | — |
| 1998 | -0.9213 approx. -2.5 to +2.5 | +26.3% |
| 2000 | -1.01 approx. -2.5 to +2.5 | +9.8% |
| 2002 | -1.35 approx. -2.5 to +2.5 | +33.0% |
| 2003 | -1.17 approx. -2.5 to +2.5 | -13.0% |
| 2004 | -1.13 approx. -2.5 to +2.5 | -3.1% |
| 2005 | -0.9905 approx. -2.5 to +2.5 | -12.6% |
| 2006 | -0.9984 approx. -2.5 to +2.5 | +0.8% |
| 2007 | -0.9001 approx. -2.5 to +2.5 | -9.8% |
| 2008 | -0.9298 approx. -2.5 to +2.5 | +3.3% |
| 2009 | -0.8357 approx. -2.5 to +2.5 | -10.1% |
| 2010 | -1.05 approx. -2.5 to +2.5 | +25.3% |
| 2011 | -1.1 approx. -2.5 to +2.5 | +4.7% |
| 2012 | -0.9259 approx. -2.5 to +2.5 | -15.6% |
| 2013 | -0.9532 approx. -2.5 to +2.5 | +2.9% |
| 2014 | -1.01 approx. -2.5 to +2.5 | +5.7% |
| 2015 | -1.02 approx. -2.5 to +2.5 | +1.2% |
| 2016 | -1.07 approx. -2.5 to +2.5 | +5.4% |
| 2017 | -1.19 approx. -2.5 to +2.5 | +10.9% |
| 2018 | -1.6 approx. -2.5 to +2.5 | +33.9% |
| 2019 | -1.6 approx. -2.5 to +2.5 | +0.1% |
| 2020 | -1.56 approx. -2.5 to +2.5 | -2.2% |
| 2021 | -1.52 approx. -2.5 to +2.5 | -2.7% |
| 2022 | -1.5 approx. -2.5 to +2.5 | -1.2% |
| 2023 | -1.43 approx. -2.5 to +2.5 | -4.6% |
| 2024 | -1.47 approx. -2.5 to +2.5 | +2.4% |
Venezuela compared with similar countries
- Venezuela's -1.47 approx. -2.5 to +2.5 is below the median for lower middle income countries, which is -0.6471 approx. -2.5 to +2.5, 2.3× the median. (47 countries reporting)
- Venezuela's -1.47 approx. -2.5 to +2.5 is below the median for Latin America & Caribbean, which is 0.0201 approx. -2.5 to +2.5. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8254 approx. -2.5 to +2.5 | -0.9213 approx. -2.5 to +2.5 | -0.7295 approx. -2.5 to +2.5 | 2 |
| 2000s | -1.04 approx. -2.5 to +2.5 | -1.35 approx. -2.5 to +2.5 | -0.8357 approx. -2.5 to +2.5 | 9 |
| 2010s | -1.15 approx. -2.5 to +2.5 | -1.6 approx. -2.5 to +2.5 | -0.9259 approx. -2.5 to +2.5 | 10 |
| 2020s | -1.5 approx. -2.5 to +2.5 | -1.56 approx. -2.5 to +2.5 | -1.43 approx. -2.5 to +2.5 | 5 |
Countries ranked near Venezuela
- 192 Guinea-Bissau -1.37 approx. -2.5 to +2.5 compare
- 193 Libya -1.42 approx. -2.5 to +2.5 compare
- 194 Eritrea -1.46 approx. -2.5 to +2.5 compare
- 196 Myanmar -1.56 approx. -2.5 to +2.5 compare
- 197 Central African Republic -1.58 approx. -2.5 to +2.5 compare
- 198 Syria -1.67 approx. -2.5 to +2.5 compare
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.49 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is government effectiveness - governance estimate in Venezuela?
- Government effectiveness - governance estimate in Venezuela was -1.47 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 Venezuela?
- The highest recorded value was -0.7295 approx. -2.5 to +2.5 in 1996.
- What is the lowest government effectiveness - governance estimate recorded in Venezuela?
- The lowest recorded value was -1.6 approx. -2.5 to +2.5 in 2019.
- How does Venezuela rank for government effectiveness - governance estimate?
- Venezuela ranks 195th out of 205 countries with data for 2024.
- Is government effectiveness - governance estimate rising or falling in Venezuela?
- Over the last ten years it is down 45.5%. The long-run trend across the full record is falling.
- Where does this Venezuela 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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About this data
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.