Regulatory Quality - Governance estimate in Venezuela

Venezuela: Regulatory Quality - Governance estimate was -1.9 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
-1.9 approx. -2.5 to +2.5
Change on year
down 0.8%
World rank
201st
of 204 countries
All-time high
-0.6514 approx. -2.5 to +2.5
in 2000
All-time low
-2.17 approx. -2.5 to +2.5
in 2019
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Venezuela, 1996–2024

-2-1.5-1-0.51996201020241996: -0.686 approx. -2.5 to +2.51998: -0.761 approx. -2.5 to +2.52000: -0.651 approx. -2.5 to +2.52002: -0.725 approx. -2.5 to +2.52003: -1.1 approx. -2.5 to +2.52004: -1.1 approx. -2.5 to +2.52005: -1.1 approx. -2.5 to +2.52006: -1.2 approx. -2.5 to +2.52007: -1.4 approx. -2.5 to +2.52008: -1.5 approx. -2.5 to +2.52009: -1.4 approx. -2.5 to +2.52010: -1.5 approx. -2.5 to +2.52011: -1.3 approx. -2.5 to +2.52012: -1.5 approx. -2.5 to +2.52013: -1.5 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: -2.1 approx. -2.5 to +2.52019: -2.2 approx. -2.5 to +2.52020: -2.2 approx. -2.5 to +2.52021: -2.1 approx. -2.5 to +2.52022: -1.9 approx. -2.5 to +2.52023: -1.9 approx. -2.5 to +2.52024: -1.9 approx. -2.5 to +2.5

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

Analysis

Venezuela recorded -1.9 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is down 0.8% on the previous year and down 11.6% over ten years.

Over the whole period, regulatory quality - governance estimate in Venezuela peaked at -0.6514 approx. -2.5 to +2.5 in 2000 and was at its lowest, -2.17 approx. -2.5 to +2.5, in 2019.

Venezuela ranks 201st of 204 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.7234 approx. -2.5 to +2.5 -0.7606 approx. -2.5 to +2.5 -0.6862 approx. -2.5 to +2.5 2
2000s -1.14 approx. -2.5 to +2.5 -1.47 approx. -2.5 to +2.5 -0.6514 approx. -2.5 to +2.5 9
2010s -1.72 approx. -2.5 to +2.5 -2.17 approx. -2.5 to +2.5 -1.35 approx. -2.5 to +2.5 10
2020s -1.99 approx. -2.5 to +2.5 -2.17 approx. -2.5 to +2.5 -1.89 approx. -2.5 to +2.5 5

Countries ranked near Venezuela

  1. 198 Somalia -1.73 approx. -2.5 to +2.5 compare
  2. 199 Libya -1.74 approx. -2.5 to +2.5 compare
  3. 200 North Korea -1.87 approx. -2.5 to +2.5 compare
  4. 202 South Sudan -1.93 approx. -2.5 to +2.5 compare
  5. 203 Syria -2 approx. -2.5 to +2.5 compare
  6. 204 Eritrea -2.04 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is regulatory quality - governance estimate in Venezuela?
Regulatory quality - governance estimate in Venezuela was -1.9 approx. -2.5 to +2.5 in 2024, according to the World Bank.
What is the highest regulatory quality - governance estimate recorded in Venezuela?
The highest recorded value was -0.6514 approx. -2.5 to +2.5 in 2000.
What is the lowest regulatory quality - governance estimate recorded in Venezuela?
The lowest recorded value was -2.17 approx. -2.5 to +2.5 in 2019.
How does Venezuela rank for regulatory quality - governance estimate?
Venezuela ranks 201st out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Venezuela?
Over the last ten years it is down 11.6%. The long-run trend across the full record is falling.
Where does this Venezuela 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