Regulatory Quality - Governance estimate in Aruba
Aruba: Regulatory Quality - Governance estimate was 0.9809 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Aruba, 2004–2024
Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in approx. -2.5 to +2.5.
Analysis
Aruba recorded 0.9809 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
Compared with earlier readings it is up 0.1% on the previous year and down 21.2% over ten years.
Over the whole period, regulatory quality - governance estimate in Aruba peaked at 1.47 approx. -2.5 to +2.5 in 2011 and was at its lowest, 0.7433 approx. -2.5 to +2.5, in 2004.
That places Aruba 35th out of 204 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.11 approx. -2.5 to +2.5 | 0.7433 approx. -2.5 to +2.5 | 1.47 approx. -2.5 to +2.5 | 6 |
| 2010s | 1.31 approx. -2.5 to +2.5 | 0.9845 approx. -2.5 to +2.5 | 1.47 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.9815 approx. -2.5 to +2.5 | 0.98 approx. -2.5 to +2.5 | 0.9835 approx. -2.5 to +2.5 | 5 |
Countries ranked near Aruba
More reference data data for Aruba
- Consumer price index 109.53 2010 = 100 (2019)
- Foreign aid received from governments and private foundations -13.41 million constant 2024 US$ (1999)
- Foreign aid received as grants and concessional loans 146,128 constant 2024 US$ (1999)
- Foreign aid received -13.41 million constant 2024 US$ (1999)
- Wealth share of the richest 1% 27.6% (2024)
- Foreign aid received by income group -13.41 million constant 2024 US$ (1999)
- Share of men and women expected to survive to the age of 65 89.3% (2024)
- Seafood production: wild fish catch vs. aquaculture 1.5 metric tons (2024)
- Share of men expected to survive to the age of 65 80.4% (2024)
- Number of confirmed cases of tetanus 10 Cases (2024)
Frequently asked questions
- What is regulatory quality - governance estimate in Aruba?
- Regulatory quality - governance estimate in Aruba was 0.9809 approx. -2.5 to +2.5 in 2024, according to The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG).
- What is the highest regulatory quality - governance estimate recorded in Aruba?
- The highest recorded value was 1.47 approx. -2.5 to +2.5 in 2011.
- What is the lowest regulatory quality - governance estimate recorded in Aruba?
- The lowest recorded value was 0.7433 approx. -2.5 to +2.5 in 2004.
- How does Aruba rank for regulatory quality - governance estimate?
- Aruba ranks 35th out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Aruba?
- Over the last ten years it is down 21.2%. The long-run trend across the full record is falling.
- Where does this Aruba data come from?
- The figures come from The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG), 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 — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Regulatory Quality (RQ) captures perceptions of the government’s ability to design and implement policies and regulations that promote private sector development. Governance estimate from the aggregation model, in units of a standard normal distribution, i.e. ranging from approximately -2.5 to 2.5. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) standard error. The number of sources indicates the number of underlying data sources on which the governance estimate is based. The standard error indicates the precision of the governance estimate. Larger values indicate less precise estimates. A 90% confidence interval for the governance estimate is given by the estimate +/- 1.64 times the standard error.