Government Effectiveness - Standard error of the governance estimate in Venezuela, República Bolivariana de

Venezuela, República Bolivariana de: Government Effectiveness - Standard error of the governance estimate was 0.2249 in 2024. ▼ Falling

Latest (2024)
0.2249
Change on year
unchanged
World rank
106th
of 205 countries
All-time high
0.2519
in 1996
All-time low
0.2168
in 2022
Years of data
26
1996–2024

Government Effectiveness - Standard error of the governance estimate in Venezuela, República Bolivariana de, 1996–2024

00.10.20.31996201020241996: 0.2521998: 0.2522000: 0.2522002: 0.2372003: 0.2372004: 0.2282005: 0.2282006: 0.2252007: 0.2252008: 0.2252009: 0.2252010: 0.2252011: 0.2252012: 0.2252013: 0.2252014: 0.2252015: 0.2252016: 0.2252017: 0.2252018: 0.2252019: 0.2252020: 0.2252021: 0.2252022: 0.2172023: 0.2252024: 0.225

Source: World Bank.

Analysis

In 2024, government effectiveness - standard error of the governance estimate in Venezuela, República Bolivariana de stood at 0.2249.

The figure is down 0.3% over ten years.

Over the whole period, government effectiveness - standard error of the governance estimate in Venezuela, República Bolivariana de peaked at 0.2519 in 1996 and was at its lowest, 0.2168, in 2022.

That places Venezuela, República Bolivariana de 106th out of 205 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2519 0.2519 0.2519 2
2000s 0.2316 0.2255 0.2519 9
2010s 0.2255 0.2255 0.2255 10
2020s 0.2235 0.2168 0.2255 5

Countries ranked near Venezuela, República Bolivariana de

  1. 104 Thailand 0.2254 compare
  2. 105 Libya 0.2249 compare
  3. 106 Argentina 0.2249 compare
  4. 106 Brazil 0.2249 compare
  5. 106 Chile 0.2249 compare

See the full ranking of 205 places →

More reference data data for Venezuela, República Bolivariana de

All data for Venezuela, República Bolivariana de →

Frequently asked questions

What is government effectiveness - standard error of the governance estimate in Venezuela, República Bolivariana de?
Government effectiveness - standard error of the governance estimate in Venezuela, República Bolivariana de was 0.2249 in 2024, according to the World Bank.
What is the highest government effectiveness - standard error of the governance estimate recorded in Venezuela, República Bolivariana de?
The highest recorded value was 0.2519 in 1996.
What is the lowest government effectiveness - standard error of the governance estimate recorded in Venezuela, República Bolivariana de?
The lowest recorded value was 0.2168 in 2022.
How does Venezuela, República Bolivariana de rank for government effectiveness - standard error of the governance estimate?
Venezuela, República Bolivariana de ranks 106th out of 205 countries with data for 2024.
Is government effectiveness - standard error of the governance estimate rising or falling in Venezuela, República Bolivariana de?
Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
Where does this Venezuela, República Bolivariana de data come from?
The figures come from the World Bank, published as part of Government Effectiveness - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

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Government Effectiveness - Standard error of the governance estimate in Venezuela, República Bolivariana de. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/government-effectiveness-standard-error-of-the-governance-estimate/venezuela-rb/

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About this data

Indicator
Government Effectiveness - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,168 data points, 1996–2024
Last refreshed