Political Stability - Governance estimate in Monaco

Monaco: Political Stability - Governance estimate was 1.24 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.24 approx. -2.5 to +2.5
Change on year
down 10.2%
World rank
14th
of 206 countries
All-time high
1.55 approx. -2.5 to +2.5
in 2019
All-time low
0.9183 approx. -2.5 to +2.5
in 2004
Years of data
22
2003–2024

Political Stability - Governance estimate in Monaco, 2003–2024

00.511.52003201320242003: 0.951 approx. -2.5 to +2.52004: 0.918 approx. -2.5 to +2.52005: 0.929 approx. -2.5 to +2.52006: 0.934 approx. -2.5 to +2.52007: 0.942 approx. -2.5 to +2.52008: 0.941 approx. -2.5 to +2.52009: 0.952 approx. -2.5 to +2.52010: 0.941 approx. -2.5 to +2.52011: 0.931 approx. -2.5 to +2.52012: 0.93 approx. -2.5 to +2.52013: 0.927 approx. -2.5 to +2.52014: 0.938 approx. -2.5 to +2.52015: 1.2 approx. -2.5 to +2.52016: 1.2 approx. -2.5 to +2.52017: 1.5 approx. -2.5 to +2.52018: 1.5 approx. -2.5 to +2.52019: 1.5 approx. -2.5 to +2.52020: 1.2 approx. -2.5 to +2.52021: 1.2 approx. -2.5 to +2.52022: 1.4 approx. -2.5 to +2.52023: 1.4 approx. -2.5 to +2.52024: 1.2 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

The most recent figure for political stability - governance estimate in Monaco is 1.24 approx. -2.5 to +2.5, measured in 2024.

The figure is down 10.2% on the previous year and up 32.1% over ten years.

Over the whole period, political stability - governance estimate in Monaco peaked at 1.55 approx. -2.5 to +2.5 in 2019 and was at its lowest, 0.9183 approx. -2.5 to +2.5, in 2004.

Monaco ranks 14th of 206 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.9382 approx. -2.5 to +2.5 0.9183 approx. -2.5 to +2.5 0.9518 approx. -2.5 to +2.5 7
2010s 1.17 approx. -2.5 to +2.5 0.9269 approx. -2.5 to +2.5 1.55 approx. -2.5 to +2.5 10
2020s 1.28 approx. -2.5 to +2.5 1.2 approx. -2.5 to +2.5 1.38 approx. -2.5 to +2.5 5

Countries ranked near Monaco

  1. 11 Tonga 1.25 approx. -2.5 to +2.5 compare
  2. 12 American Samoa 1.25 approx. -2.5 to +2.5 compare
  3. 13 Greenland 1.24 approx. -2.5 to +2.5 compare
  4. 14 Palau 1.24 approx. -2.5 to +2.5 compare
  5. 16 Samoa 1.24 approx. -2.5 to +2.5 compare
  6. 17 Kiribati 1.24 approx. -2.5 to +2.5 compare

See the full ranking of 206 places →

More reference data data for Monaco

All data for Monaco →

Frequently asked questions

What is political stability - governance estimate in Monaco?
Political stability - governance estimate in Monaco was 1.24 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 political stability - governance estimate recorded in Monaco?
The highest recorded value was 1.55 approx. -2.5 to +2.5 in 2019.
What is the lowest political stability - governance estimate recorded in Monaco?
The lowest recorded value was 0.9183 approx. -2.5 to +2.5 in 2004.
How does Monaco rank for political stability - governance estimate?
Monaco ranks 14th out of 206 countries with data for 2024.
Is political stability - governance estimate rising or falling in Monaco?
Over the last ten years it is up 32.1%. The long-run trend across the full record is rising.
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 Political Stability - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

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About this data

Indicator
Political Stability - 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
206 places, 5,229 data points, 1996–2024
Last refreshed

Political Stability (PV) captures perceptions of the extent to which political power and governance are secure from destabilization, and of the likelihood that authority will be challenged or altered through violent, coercive, or unconstitutional means. 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.