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Regulatory Quality - Governance estimate in Bermuda

Bermuda: Regulatory Quality - Governance estimate was 0.6285 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
0.6285 approx. -2.5 to +2.5
Change on year
up 0.2%
World rank
54th
of 205 countries
All-time high
1.47 approx. -2.5 to +2.5
in 2007
All-time low
0.6189 approx. -2.5 to +2.5
in 2014
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Bermuda, 1996–2024

00.511.51996201020241996: 1.4 approx. -2.5 to +2.51998: 1.4 approx. -2.5 to +2.52000: 1.5 approx. -2.5 to +2.52002: 1.5 approx. -2.5 to +2.52003: 1.5 approx. -2.5 to +2.52004: 1.2 approx. -2.5 to +2.52005: 1.5 approx. -2.5 to +2.52006: 1.5 approx. -2.5 to +2.52007: 1.5 approx. -2.5 to +2.52008: 1.5 approx. -2.5 to +2.52009: 1.5 approx. -2.5 to +2.52010: 1.5 approx. -2.5 to +2.52011: 1.5 approx. -2.5 to +2.52012: 1.5 approx. -2.5 to +2.52013: 1.5 approx. -2.5 to +2.52014: 0.619 approx. -2.5 to +2.52015: 0.63 approx. -2.5 to +2.52016: 0.869 approx. -2.5 to +2.52017: 0.872 approx. -2.5 to +2.52018: 0.873 approx. -2.5 to +2.52019: 0.876 approx. -2.5 to +2.52020: 0.871 approx. -2.5 to +2.52021: 0.869 approx. -2.5 to +2.52022: 0.863 approx. -2.5 to +2.52023: 0.627 approx. -2.5 to +2.52024: 0.629 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

In 2024, regulatory quality - governance estimate in Bermuda stood at 0.6285 approx. -2.5 to +2.5.

Compared with earlier readings it is up 0.2% on the previous year and up 1.6% over ten years.

Over the whole period, regulatory quality - governance estimate in Bermuda peaked at 1.47 approx. -2.5 to +2.5 in 2007 and was at its lowest, 0.6189 approx. -2.5 to +2.5, in 2014.

Bermuda ranks 54th of 205 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.

Regulatory Quality - Governance estimate in Bermuda, year by year

Year approx. -2.5 to +2.5 Change
1996 1.42 approx. -2.5 to +2.5 —
1998 1.45 approx. -2.5 to +2.5 +2.2%
2000 1.46 approx. -2.5 to +2.5 +0.6%
2002 1.47 approx. -2.5 to +2.5 +0.9%
2003 1.47 approx. -2.5 to +2.5 +0.0%
2004 1.16 approx. -2.5 to +2.5 -21.1%
2005 1.47 approx. -2.5 to +2.5 +26.6%
2006 1.46 approx. -2.5 to +2.5 -0.3%
2007 1.47 approx. -2.5 to +2.5 +0.5%
2008 1.47 approx. -2.5 to +2.5 -0.2%
2009 1.46 approx. -2.5 to +2.5 -0.3%
2010 1.46 approx. -2.5 to +2.5 +0.0%
2011 1.47 approx. -2.5 to +2.5 +0.1%
2012 1.45 approx. -2.5 to +2.5 -0.8%
2013 1.45 approx. -2.5 to +2.5 -0.1%
2014 0.6189 approx. -2.5 to +2.5 -57.4%
2015 0.63 approx. -2.5 to +2.5 +1.8%
2016 0.8693 approx. -2.5 to +2.5 +38.0%
2017 0.8721 approx. -2.5 to +2.5 +0.3%
2018 0.8732 approx. -2.5 to +2.5 +0.1%
2019 0.8763 approx. -2.5 to +2.5 +0.3%
2020 0.8711 approx. -2.5 to +2.5 -0.6%
2021 0.869 approx. -2.5 to +2.5 -0.2%
2022 0.8634 approx. -2.5 to +2.5 -0.6%
2023 0.6272 approx. -2.5 to +2.5 -27.4%
2024 0.6285 approx. -2.5 to +2.5 +0.2%

Bermuda compared with similar countries

  • Bermuda's 0.6285 approx. -2.5 to +2.5 is below the median for high income countries, which is 0.9502 approx. -2.5 to +2.5, 66% of the median. (73 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - Governance estimate in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 -57.4% 1.45 approx. -2.5 to +2.5 0.6189 approx. -2.5 to +2.5
2016 +38.0% 0.63 approx. -2.5 to +2.5 0.8693 approx. -2.5 to +2.5
2023 -27.4% 0.8634 approx. -2.5 to +2.5 0.6272 approx. -2.5 to +2.5
2005 +26.6% 1.16 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.43 approx. -2.5 to +2.5 1.42 approx. -2.5 to +2.5 1.45 approx. -2.5 to +2.5 2
2000s 1.43 approx. -2.5 to +2.5 1.16 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5 9
2010s 1.06 approx. -2.5 to +2.5 0.6189 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5 10
2020s 0.7718 approx. -2.5 to +2.5 0.6272 approx. -2.5 to +2.5 0.8711 approx. -2.5 to +2.5 5

Countries ranked near Bermuda

  1. 51 Uruguay 0.6468 approx. -2.5 to +2.5 compare
  2. 52 Italy 0.6401 approx. -2.5 to +2.5 compare
  3. 53 Antigua and Barbuda 0.6346 approx. -2.5 to +2.5 compare
  4. 55 Spain 0.6208 approx. -2.5 to +2.5 compare
  5. 56 Costa Rica 0.5818 approx. -2.5 to +2.5 compare
  6. 57 Malta 0.4916 approx. -2.5 to +2.5 compare

See the full ranking of 205 places →

More reference data data for Bermuda

All data for Bermuda →

Frequently asked questions

What is regulatory quality - governance estimate in Bermuda?
Regulatory quality - governance estimate in Bermuda was 0.6285 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 Bermuda?
The highest recorded value was 1.47 approx. -2.5 to +2.5 in 2007.
What is the lowest regulatory quality - governance estimate recorded in Bermuda?
The lowest recorded value was 0.6189 approx. -2.5 to +2.5 in 2014.
How does Bermuda rank for regulatory quality - governance estimate?
Bermuda ranks 54th out of 205 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Bermuda?
Over the last ten years it is up 1.6%. The long-run trend across the full record is falling.
Where does this Bermuda 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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Regulatory Quality - Governance estimate in Bermuda. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 25 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/bermuda/

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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
205 places, 5,160 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.