Regulatory Quality - Governance estimate in Barbados
Barbados: Regulatory Quality - Governance estimate was 0.4405 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Barbados, 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 Barbados is 0.4405 approx. -2.5 to +2.5, measured in 2024.
The figure is up 2.6% on the previous year and up 20.9% over ten years.
Over the whole period, regulatory quality - governance estimate in Barbados peaked at 1.41 approx. -2.5 to +2.5 in 2000 and was at its lowest, 0.361 approx. -2.5 to +2.5, in 2019.
Barbados ranks 61st of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.39 approx. -2.5 to +2.5 | 1.38 approx. -2.5 to +2.5 | 1.4 approx. -2.5 to +2.5 | 2 |
| 2000s | 1.12 approx. -2.5 to +2.5 | 0.7682 approx. -2.5 to +2.5 | 1.41 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.5473 approx. -2.5 to +2.5 | 0.361 approx. -2.5 to +2.5 | 0.7576 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.4303 approx. -2.5 to +2.5 | 0.4015 approx. -2.5 to +2.5 | 0.4761 approx. -2.5 to +2.5 | 5 |
Countries ranked near Barbados
More reference data data for Barbados
- Universal right to vote in practice 2 (2025)
- Democracy 7 (2025)
- Universal right to vote 2 (2025)
- Men's universal right to vote 1 (2025)
- Elected parliament 1 (2025)
- Competitive elections 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Civil liberties rating 1 (2025)
- Free country 2 (2025)
- Consumer price index 146.53 2010 = 100 (2025)
Frequently asked questions
- What is regulatory quality - governance estimate in Barbados?
- Regulatory quality - governance estimate in Barbados was 0.4405 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 Barbados?
- The highest recorded value was 1.41 approx. -2.5 to +2.5 in 2000.
- What is the lowest regulatory quality - governance estimate recorded in Barbados?
- The lowest recorded value was 0.361 approx. -2.5 to +2.5 in 2019.
- How does Barbados rank for regulatory quality - governance estimate?
- Barbados ranks 61st out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Barbados?
- Over the last ten years it is up 20.9%. The long-run trend across the full record is falling.
- Where does this Barbados 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
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.