Regulatory Quality - Governance estimate in Georgia

Georgia: Regulatory Quality - Governance estimate was 0.65 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.65 approx. -2.5 to +2.5
Change on year
down 19.6%
World rank
51st
of 204 countries
All-time high
0.9448 approx. -2.5 to +2.5
in 2016
All-time low
-1.03 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Georgia, 1996–2024

-1-0.500.511996201020241996: -1 approx. -2.5 to +2.51998: -0.841 approx. -2.5 to +2.52000: -0.651 approx. -2.5 to +2.52002: -0.854 approx. -2.5 to +2.52003: -0.628 approx. -2.5 to +2.52004: -0.506 approx. -2.5 to +2.52005: -0.337 approx. -2.5 to +2.52006: 0.142 approx. -2.5 to +2.52007: 0.407 approx. -2.5 to +2.52008: 0.577 approx. -2.5 to +2.52009: 0.574 approx. -2.5 to +2.52010: 0.644 approx. -2.5 to +2.52011: 0.716 approx. -2.5 to +2.52012: 0.693 approx. -2.5 to +2.52013: 0.728 approx. -2.5 to +2.52014: 0.82 approx. -2.5 to +2.52015: 0.81 approx. -2.5 to +2.52016: 0.945 approx. -2.5 to +2.52017: 0.942 approx. -2.5 to +2.52018: 0.801 approx. -2.5 to +2.52019: 0.878 approx. -2.5 to +2.52020: 0.806 approx. -2.5 to +2.52021: 0.843 approx. -2.5 to +2.52022: 0.773 approx. -2.5 to +2.52023: 0.809 approx. -2.5 to +2.52024: 0.65 approx. -2.5 to +2.5

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

Analysis

The most recent figure for regulatory quality - governance estimate in Georgia is 0.65 approx. -2.5 to +2.5, measured in 2024.

Compared with earlier readings it is down 19.6% on the previous year and down 20.7% over ten years.

Over the whole period, regulatory quality - governance estimate in Georgia peaked at 0.9448 approx. -2.5 to +2.5 in 2016 and was at its lowest, -1.03 approx. -2.5 to +2.5, in 1996.

Georgia ranks 51st of 204 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.9338 approx. -2.5 to +2.5 -1.03 approx. -2.5 to +2.5 -0.8406 approx. -2.5 to +2.5 2
2000s -0.1417 approx. -2.5 to +2.5 -0.8538 approx. -2.5 to +2.5 0.5765 approx. -2.5 to +2.5 9
2010s 0.7977 approx. -2.5 to +2.5 0.644 approx. -2.5 to +2.5 0.9448 approx. -2.5 to +2.5 10
2020s 0.7762 approx. -2.5 to +2.5 0.65 approx. -2.5 to +2.5 0.8431 approx. -2.5 to +2.5 5

Countries ranked near Georgia

  1. 48 Poland 0.6858 approx. -2.5 to +2.5 compare
  2. 49 Malaysia 0.6805 approx. -2.5 to +2.5 compare
  3. 50 Puerto Rico 0.6528 approx. -2.5 to +2.5 compare
  4. 52 Uruguay 0.6468 approx. -2.5 to +2.5 compare
  5. 53 Italy 0.6401 approx. -2.5 to +2.5 compare
  6. 54 Antigua and Barbuda 0.6346 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is regulatory quality - governance estimate in Georgia?
Regulatory quality - governance estimate in Georgia was 0.65 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Georgia?
The highest recorded value was 0.9448 approx. -2.5 to +2.5 in 2016.
What is the lowest regulatory quality - governance estimate recorded in Georgia?
The lowest recorded value was -1.03 approx. -2.5 to +2.5 in 1996.
How does Georgia rank for regulatory quality - governance estimate?
Georgia ranks 51st out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Georgia?
Over the last ten years it is down 20.7%. The long-run trend across the full record is volatile.
Where does this Georgia 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