Regulatory Quality - Governance estimate in Latvia

Latvia: Regulatory Quality - Governance estimate was 1.1 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.1 approx. -2.5 to +2.5
Change on year
up 10.3%
World rank
33rd
of 204 countries
All-time high
1.1 approx. -2.5 to +2.5
in 2021
All-time low
0.4416 approx. -2.5 to +2.5
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Latvia, 1996–2024

00.250.50.7511996201020241996: 0.572 approx. -2.5 to +2.51998: 0.497 approx. -2.5 to +2.52000: 0.442 approx. -2.5 to +2.52002: 0.87 approx. -2.5 to +2.52003: 1.1 approx. -2.5 to +2.52004: 0.926 approx. -2.5 to +2.52005: 0.971 approx. -2.5 to +2.52006: 1.1 approx. -2.5 to +2.52007: 1 approx. -2.5 to +2.52008: 1 approx. -2.5 to +2.52009: 0.995 approx. -2.5 to +2.52010: 1 approx. -2.5 to +2.52011: 1 approx. -2.5 to +2.52012: 0.93 approx. -2.5 to +2.52013: 0.95 approx. -2.5 to +2.52014: 1 approx. -2.5 to +2.52015: 1 approx. -2.5 to +2.52016: 0.986 approx. -2.5 to +2.52017: 0.997 approx. -2.5 to +2.52018: 1 approx. -2.5 to +2.52019: 1 approx. -2.5 to +2.52020: 0.981 approx. -2.5 to +2.52021: 1.1 approx. -2.5 to +2.52022: 0.959 approx. -2.5 to +2.52023: 0.998 approx. -2.5 to +2.52024: 1.1 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 Latvia is 1.1 approx. -2.5 to +2.5, measured in 2024.

That represents a change of up 10.3% on the previous year and up 8.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Latvia peaked at 1.1 approx. -2.5 to +2.5 in 2021 and was at its lowest, 0.4416 approx. -2.5 to +2.5, in 2000.

That places Latvia 33rd out of 204 countries with data for 2024, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.5346 approx. -2.5 to +2.5 0.4973 approx. -2.5 to +2.5 0.5718 approx. -2.5 to +2.5 2
2000s 0.9329 approx. -2.5 to +2.5 0.4416 approx. -2.5 to +2.5 1.09 approx. -2.5 to +2.5 9
2010s 0.9934 approx. -2.5 to +2.5 0.9299 approx. -2.5 to +2.5 1.03 approx. -2.5 to +2.5 10
2020s 1.03 approx. -2.5 to +2.5 0.9591 approx. -2.5 to +2.5 1.1 approx. -2.5 to +2.5 5

Countries ranked near Latvia

  1. 30 Andorra 1.1 approx. -2.5 to +2.5 compare
  2. 30 Monaco 1.1 approx. -2.5 to +2.5 compare
  3. 30 United States Virgin Islands 1.1 approx. -2.5 to +2.5 compare
  4. 34 Cayman Islands 1.07 approx. -2.5 to +2.5 compare
  5. 35 Korea, Rep. 1.01 approx. -2.5 to +2.5 compare
  6. 36 Aruba 0.9809 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is regulatory quality - governance estimate in Latvia?
Regulatory quality - governance estimate in Latvia was 1.1 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Latvia?
The highest recorded value was 1.1 approx. -2.5 to +2.5 in 2021.
What is the lowest regulatory quality - governance estimate recorded in Latvia?
The lowest recorded value was 0.4416 approx. -2.5 to +2.5 in 2000.
How does Latvia rank for regulatory quality - governance estimate?
Latvia ranks 33rd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Latvia?
Over the last ten years it is up 8.0%. The long-run trend across the full record is rising.
Where does this Latvia 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.

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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