Regulatory Quality - Governance estimate in Latvia
Latvia: Regulatory Quality - Governance estimate was 1.1 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Latvia, 1996–2024
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 206 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.
Regulatory Quality - Governance estimate in Latvia, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | 0.5718 approx. -2.5 to +2.5 | — |
| 1998 | 0.4973 approx. -2.5 to +2.5 | -13.0% |
| 2000 | 0.4416 approx. -2.5 to +2.5 | -11.2% |
| 2002 | 0.8704 approx. -2.5 to +2.5 | +97.1% |
| 2003 | 1.09 approx. -2.5 to +2.5 | +25.3% |
| 2004 | 0.9258 approx. -2.5 to +2.5 | -15.1% |
| 2005 | 0.9713 approx. -2.5 to +2.5 | +4.9% |
| 2006 | 1.06 approx. -2.5 to +2.5 | +8.8% |
| 2007 | 1.03 approx. -2.5 to +2.5 | -2.7% |
| 2008 | 1.02 approx. -2.5 to +2.5 | -1.2% |
| 2009 | 0.9947 approx. -2.5 to +2.5 | -2.1% |
| 2010 | 0.9999 approx. -2.5 to +2.5 | +0.5% |
| 2011 | 1.03 approx. -2.5 to +2.5 | +2.8% |
| 2012 | 0.9299 approx. -2.5 to +2.5 | -9.5% |
| 2013 | 0.9497 approx. -2.5 to +2.5 | +2.1% |
| 2014 | 1.02 approx. -2.5 to +2.5 | +7.2% |
| 2015 | 1.01 approx. -2.5 to +2.5 | -1.2% |
| 2016 | 0.9858 approx. -2.5 to +2.5 | -2.0% |
| 2017 | 0.9965 approx. -2.5 to +2.5 | +1.1% |
| 2018 | 1.02 approx. -2.5 to +2.5 | +2.1% |
| 2019 | 1 approx. -2.5 to +2.5 | -1.4% |
| 2020 | 0.9806 approx. -2.5 to +2.5 | -2.2% |
| 2021 | 1.1 approx. -2.5 to +2.5 | +12.5% |
| 2022 | 0.9591 approx. -2.5 to +2.5 | -13.0% |
| 2023 | 0.9975 approx. -2.5 to +2.5 | +4.0% |
| 2024 | 1.1 approx. -2.5 to +2.5 | +10.3% |
Latvia compared with similar countries
- Latvia's 1.1 approx. -2.5 to +2.5 is above the median for high income countries, which is 0.9583 approx. -2.5 to +2.5, 1.1× the median. (74 countries reporting)
- Latvia's 1.1 approx. -2.5 to +2.5 is above the median for Europe & Central Asia, which is 0.6679 approx. -2.5 to +2.5, 1.6× the median. (54 countries reporting)
Biggest year-on-year movements
Years where Regulatory Quality - Governance estimate in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +97.1% | 0.4416 approx. -2.5 to +2.5 | 0.8704 approx. -2.5 to +2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 30 Andorra 1.1 approx. -2.5 to +2.5 compare
- 30 Monaco 1.1 approx. -2.5 to +2.5 compare
- 30 United States Virgin Islands 1.1 approx. -2.5 to +2.5 compare
- 34 Cayman Islands 1.07 approx. -2.5 to +2.5 compare
- 35 South Korea 1.01 approx. -2.5 to +2.5 compare
- 36 Aruba 0.9809 approx. -2.5 to +2.5 compare
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
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 206 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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