Regulatory Quality - Governance estimate in Colombia
Colombia: Regulatory Quality - Governance estimate was 0.0134 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Colombia, 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 Colombia is 0.0134 approx. -2.5 to +2.5, measured in 2024.
The figure is down 90.2% on the previous year and down 94.8% over ten years.
Over the whole period, regulatory quality - governance estimate in Colombia peaked at 0.3095 approx. -2.5 to +2.5 in 2015 and was at its lowest, -0.3397 approx. -2.5 to +2.5, in 1998.
Colombia ranks 94th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Regulatory Quality - Governance estimate in Colombia, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | -0.3002 approx. -2.5 to +2.5 | — |
| 1998 | -0.3397 approx. -2.5 to +2.5 | +13.1% |
| 2000 | -0.242 approx. -2.5 to +2.5 | -28.7% |
| 2002 | -0.0425 approx. -2.5 to +2.5 | -82.4% |
| 2003 | -0.0177 approx. -2.5 to +2.5 | -58.3% |
| 2004 | -0.0324 approx. -2.5 to +2.5 | +82.7% |
| 2005 | 0.056 approx. -2.5 to +2.5 | -273.0% |
| 2006 | 0.0977 approx. -2.5 to +2.5 | +74.6% |
| 2007 | 0.1335 approx. -2.5 to +2.5 | +36.6% |
| 2008 | 0.2357 approx. -2.5 to +2.5 | +76.5% |
| 2009 | 0.0558 approx. -2.5 to +2.5 | -76.3% |
| 2010 | 0.0563 approx. -2.5 to +2.5 | +0.9% |
| 2011 | 0.2181 approx. -2.5 to +2.5 | +287.3% |
| 2012 | 0.2219 approx. -2.5 to +2.5 | +1.7% |
| 2013 | 0.2361 approx. -2.5 to +2.5 | +6.4% |
| 2014 | 0.2563 approx. -2.5 to +2.5 | +8.6% |
| 2015 | 0.3095 approx. -2.5 to +2.5 | +20.8% |
| 2016 | 0.2729 approx. -2.5 to +2.5 | -11.8% |
| 2017 | 0.1684 approx. -2.5 to +2.5 | -38.3% |
| 2018 | 0.1089 approx. -2.5 to +2.5 | -35.3% |
| 2019 | 0.2323 approx. -2.5 to +2.5 | +113.4% |
| 2020 | 0.1608 approx. -2.5 to +2.5 | -30.8% |
| 2021 | 0.2366 approx. -2.5 to +2.5 | +47.1% |
| 2022 | 0.1864 approx. -2.5 to +2.5 | -21.2% |
| 2023 | 0.1366 approx. -2.5 to +2.5 | -26.7% |
| 2024 | 0.0134 approx. -2.5 to +2.5 | -90.2% |
Colombia compared with similar countries
- Colombia's 0.0134 approx. -2.5 to +2.5 is above the median for upper middle income countries, which is -0.1017 approx. -2.5 to +2.5. (59 countries reporting)
- Colombia's 0.0134 approx. -2.5 to +2.5 is above the median for Latin America & Caribbean, which is -0.0738 approx. -2.5 to +2.5. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.32 approx. -2.5 to +2.5 | -0.3397 approx. -2.5 to +2.5 | -0.3002 approx. -2.5 to +2.5 | 2 |
| 2000s | 0.0271 approx. -2.5 to +2.5 | -0.242 approx. -2.5 to +2.5 | 0.2357 approx. -2.5 to +2.5 | 9 |
| 2010s | 0.2081 approx. -2.5 to +2.5 | 0.0563 approx. -2.5 to +2.5 | 0.3095 approx. -2.5 to +2.5 | 10 |
| 2020s | 0.1468 approx. -2.5 to +2.5 | 0.0134 approx. -2.5 to +2.5 | 0.2366 approx. -2.5 to +2.5 | 5 |
Countries ranked near Colombia
- 91 Grenada 0.0499 approx. -2.5 to +2.5 compare
- 92 Kazakhstan 0.0471 approx. -2.5 to +2.5 compare
- 93 Cape Verde 0.0451 approx. -2.5 to +2.5 compare
- 95 Morocco -0.0267 approx. -2.5 to +2.5 compare
- 96 Moldova -0.0467 approx. -2.5 to +2.5 compare
- 97 South Africa -0.0601 approx. -2.5 to +2.5 compare
More reference data data for Colombia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 11.17 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 19.02 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4113 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 19.02 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 9.81 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.67 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 61.25 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 94.56 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Colombia?
- Regulatory quality - governance estimate in Colombia was 0.0134 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 Colombia?
- The highest recorded value was 0.3095 approx. -2.5 to +2.5 in 2015.
- What is the lowest regulatory quality - governance estimate recorded in Colombia?
- The lowest recorded value was -0.3397 approx. -2.5 to +2.5 in 1998.
- How does Colombia rank for regulatory quality - governance estimate?
- Colombia ranks 94th out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Colombia?
- Over the last ten years it is down 94.8%. The long-run trend across the full record is volatile.
- Where does this Colombia 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.