Regulatory Quality - Governance estimate in Bangladesh

Bangladesh: Regulatory Quality - Governance estimate was -0.9501 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.9501 approx. -2.5 to +2.5
Change on year
down 5.5%
World rank
174th
of 204 countries
All-time high
-0.7431 approx. -2.5 to +2.5
in 2017
All-time low
-1.19 approx. -2.5 to +2.5
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Bangladesh, 1996–2024

-1.2-1.1-1-0.9-0.8-0.71996201020241996: -1.2 approx. -2.5 to +2.51998: -1.2 approx. -2.5 to +2.52000: -1.2 approx. -2.5 to +2.52002: -1.1 approx. -2.5 to +2.52003: -1.1 approx. -2.5 to +2.52004: -1.1 approx. -2.5 to +2.52005: -0.982 approx. -2.5 to +2.52006: -0.874 approx. -2.5 to +2.52007: -0.867 approx. -2.5 to +2.52008: -0.863 approx. -2.5 to +2.52009: -0.805 approx. -2.5 to +2.52010: -0.837 approx. -2.5 to +2.52011: -0.827 approx. -2.5 to +2.52012: -0.979 approx. -2.5 to +2.52013: -0.949 approx. -2.5 to +2.52014: -0.896 approx. -2.5 to +2.52015: -0.777 approx. -2.5 to +2.52016: -0.759 approx. -2.5 to +2.52017: -0.743 approx. -2.5 to +2.52018: -0.785 approx. -2.5 to +2.52019: -0.89 approx. -2.5 to +2.52020: -0.894 approx. -2.5 to +2.52021: -0.871 approx. -2.5 to +2.52022: -0.924 approx. -2.5 to +2.52023: -0.901 approx. -2.5 to +2.52024: -0.95 approx. -2.5 to +2.5

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

Bangladesh recorded -0.9501 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is down 5.5% on the previous year and down 6.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Bangladesh peaked at -0.7431 approx. -2.5 to +2.5 in 2017 and was at its lowest, -1.19 approx. -2.5 to +2.5, in 2000.

That places Bangladesh 174th out of 204 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.16 approx. -2.5 to +2.5 -1.16 approx. -2.5 to +2.5 -1.15 approx. -2.5 to +2.5 2
2000s -0.9876 approx. -2.5 to +2.5 -1.19 approx. -2.5 to +2.5 -0.8053 approx. -2.5 to +2.5 9
2010s -0.8443 approx. -2.5 to +2.5 -0.9788 approx. -2.5 to +2.5 -0.7431 approx. -2.5 to +2.5 10
2020s -0.9081 approx. -2.5 to +2.5 -0.9501 approx. -2.5 to +2.5 -0.8712 approx. -2.5 to +2.5 5

Countries ranked near Bangladesh

  1. 171 Sao Tome and Principe -0.8909 approx. -2.5 to +2.5 compare
  2. 172 Guinea -0.8917 approx. -2.5 to +2.5 compare
  3. 173 Suriname -0.9187 approx. -2.5 to +2.5 compare
  4. 175 Lebanon -0.9589 approx. -2.5 to +2.5 compare
  5. 176 Nicaragua -0.991 approx. -2.5 to +2.5 compare
  6. 177 Iraq -1.03 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is regulatory quality - governance estimate in Bangladesh?
Regulatory quality - governance estimate in Bangladesh was -0.9501 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 Bangladesh?
The highest recorded value was -0.7431 approx. -2.5 to +2.5 in 2017.
What is the lowest regulatory quality - governance estimate recorded in Bangladesh?
The lowest recorded value was -1.19 approx. -2.5 to +2.5 in 2000.
How does Bangladesh rank for regulatory quality - governance estimate?
Bangladesh ranks 174th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Bangladesh?
Over the last ten years it is down 6.0%. The long-run trend across the full record is rising.
Where does this Bangladesh 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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About this data

Indicator
Regulatory Quality - Governance estimate (approx. -2.5 to +2.5)
Unit
approx. -2.5 to +2.5
Source
The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 5,143 data points, 1996–2024
Last refreshed

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.