Regulatory Quality - Governance estimate in Australia

Australia: Regulatory Quality - Governance estimate was 1.72 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.72 approx. -2.5 to +2.5
Change on year
down 5.0%
World rank
9th
of 204 countries
All-time high
1.93 approx. -2.5 to +2.5
in 2012
All-time low
0.9279 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Australia, 1996–2024

00.511.521996201020241996: 0.928 approx. -2.5 to +2.51998: 1.3 approx. -2.5 to +2.52000: 1.6 approx. -2.5 to +2.52002: 1.6 approx. -2.5 to +2.52003: 1.7 approx. -2.5 to +2.52004: 1.9 approx. -2.5 to +2.52005: 1.8 approx. -2.5 to +2.52006: 1.8 approx. -2.5 to +2.52007: 1.8 approx. -2.5 to +2.52008: 1.9 approx. -2.5 to +2.52009: 1.8 approx. -2.5 to +2.52010: 1.7 approx. -2.5 to +2.52011: 1.8 approx. -2.5 to +2.52012: 1.9 approx. -2.5 to +2.52013: 1.9 approx. -2.5 to +2.52014: 1.7 approx. -2.5 to +2.52015: 1.7 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: 1.8 approx. -2.5 to +2.52023: 1.8 approx. -2.5 to +2.52024: 1.7 approx. -2.5 to +2.5

Source: World Bank. Measured in approx. -2.5 to +2.5.

Analysis

Australia recorded 1.72 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is down 5.0% on the previous year and down 1.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Australia peaked at 1.93 approx. -2.5 to +2.5 in 2012 and was at its lowest, 0.9279 approx. -2.5 to +2.5, in 1996.

Australia ranks 9th of 204 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.09 approx. -2.5 to +2.5 0.9279 approx. -2.5 to +2.5 1.25 approx. -2.5 to +2.5 2
2000s 1.76 approx. -2.5 to +2.5 1.57 approx. -2.5 to +2.5 1.88 approx. -2.5 to +2.5 9
2010s 1.81 approx. -2.5 to +2.5 1.68 approx. -2.5 to +2.5 1.93 approx. -2.5 to +2.5 10
2020s 1.78 approx. -2.5 to +2.5 1.72 approx. -2.5 to +2.5 1.81 approx. -2.5 to +2.5 5

Countries ranked near Australia

  1. 6 Ireland 1.79 approx. -2.5 to +2.5 compare
  2. 7 Switzerland 1.77 approx. -2.5 to +2.5 compare
  3. 8 Hong Kong 1.74 approx. -2.5 to +2.5 compare
  4. 10 Netherlands 1.72 approx. -2.5 to +2.5 compare
  5. 11 Sweden 1.67 approx. -2.5 to +2.5 compare
  6. 12 Norway 1.67 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is regulatory quality - governance estimate in Australia?
Regulatory quality - governance estimate in Australia was 1.72 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Australia?
The highest recorded value was 1.93 approx. -2.5 to +2.5 in 2012.
What is the lowest regulatory quality - governance estimate recorded in Australia?
The lowest recorded value was 0.9279 approx. -2.5 to +2.5 in 1996.
How does Australia rank for regulatory quality - governance estimate?
Australia ranks 9th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Australia?
Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from the World Bank, published as part of Regulatory Quality - Governance estimate (approx. -2.5 to +2.5). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed