Regulatory Quality - Governance estimate in Australia
Australia: Regulatory Quality - Governance estimate was 1.72 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Australia, 1996–2024
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
The most recent figure for regulatory quality - governance estimate in Australia is 1.72 approx. -2.5 to +2.5, measured in 2024.
The figure is down 5.0% on the previous year and down 1.4% over ten years.
Over the whole period, regulatory quality - governance estimate in Australia peaked at 1.93 approx. -2.5 to +2.5 in 2012 and was at its lowest, 0.9279 approx. -2.5 to +2.5, in 1996.
Australia ranks 9th of 205 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Regulatory Quality - Governance estimate in Australia, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | 0.9279 approx. -2.5 to +2.5 | — |
| 1998 | 1.25 approx. -2.5 to +2.5 | +35.0% |
| 2000 | 1.63 approx. -2.5 to +2.5 | +30.0% |
| 2002 | 1.57 approx. -2.5 to +2.5 | -3.8% |
| 2003 | 1.75 approx. -2.5 to +2.5 | +11.5% |
| 2004 | 1.88 approx. -2.5 to +2.5 | +7.6% |
| 2005 | 1.8 approx. -2.5 to +2.5 | -4.1% |
| 2006 | 1.82 approx. -2.5 to +2.5 | +0.8% |
| 2007 | 1.82 approx. -2.5 to +2.5 | +0.4% |
| 2008 | 1.85 approx. -2.5 to +2.5 | +1.5% |
| 2009 | 1.77 approx. -2.5 to +2.5 | -4.5% |
| 2010 | 1.68 approx. -2.5 to +2.5 | -4.7% |
| 2011 | 1.84 approx. -2.5 to +2.5 | +9.2% |
| 2012 | 1.93 approx. -2.5 to +2.5 | +4.9% |
| 2013 | 1.88 approx. -2.5 to +2.5 | -2.6% |
| 2014 | 1.75 approx. -2.5 to +2.5 | -7.1% |
| 2015 | 1.74 approx. -2.5 to +2.5 | -0.4% |
| 2016 | 1.81 approx. -2.5 to +2.5 | +4.3% |
| 2017 | 1.83 approx. -2.5 to +2.5 | +0.6% |
| 2018 | 1.83 approx. -2.5 to +2.5 | +0.1% |
| 2019 | 1.85 approx. -2.5 to +2.5 | +1.0% |
| 2020 | 1.77 approx. -2.5 to +2.5 | -4.2% |
| 2021 | 1.79 approx. -2.5 to +2.5 | +1.0% |
| 2022 | 1.8 approx. -2.5 to +2.5 | +0.8% |
| 2023 | 1.81 approx. -2.5 to +2.5 | +0.7% |
| 2024 | 1.72 approx. -2.5 to +2.5 | -5.0% |
Australia compared with similar countries
- Australia's 1.72 approx. -2.5 to +2.5 is above the median for high income countries, which is 0.9502 approx. -2.5 to +2.5, 1.8× the median. (73 countries reporting)
- Australia's 1.72 approx. -2.5 to +2.5 is above the median for East Asia & Pacific, which is -0.071 approx. -2.5 to +2.5. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.09 approx. -2.5 to +2.5 | 0.9279 approx. -2.5 to +2.5 | 1.25 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.76 approx. -2.5 to +2.5 | 1.57 approx. -2.5 to +2.5 | 1.88 approx. -2.5 to +2.5 | 9 |
| 2010s | 1.81 approx. -2.5 to +2.5 | 1.68 approx. -2.5 to +2.5 | 1.93 approx. -2.5 to +2.5 | 10 |
| 2020s | 1.78 approx. -2.5 to +2.5 | 1.72 approx. -2.5 to +2.5 | 1.81 approx. -2.5 to +2.5 | 5 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Australia?
- Regulatory quality - governance estimate in Australia was 1.72 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 Australia?
- The highest recorded value was 1.93 approx. -2.5 to +2.5 in 2012.
- What is the lowest regulatory quality - governance estimate recorded in Australia?
- The lowest recorded value was 0.9279 approx. -2.5 to +2.5 in 1996.
- How does Australia rank for regulatory quality - governance estimate?
- Australia ranks 9th out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Australia?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Australia 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.
Download this data
CSV · JSON — 26 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.