Regulatory Quality - Governance estimate in Costa Rica

Costa Rica: Regulatory Quality - Governance estimate was 0.5818 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
0.5818 approx. -2.5 to +2.5
Change on year
up 1.3%
World rank
56th
of 204 countries
All-time high
0.7522 approx. -2.5 to +2.5
in 2008
All-time low
0.1989 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Costa Rica, 1996–2024

0.20.40.60.81996201020241996: 0.199 approx. -2.5 to +2.51998: 0.502 approx. -2.5 to +2.52000: 0.74 approx. -2.5 to +2.52002: 0.324 approx. -2.5 to +2.52003: 0.4 approx. -2.5 to +2.52004: 0.58 approx. -2.5 to +2.52005: 0.668 approx. -2.5 to +2.52006: 0.551 approx. -2.5 to +2.52007: 0.611 approx. -2.5 to +2.52008: 0.752 approx. -2.5 to +2.52009: 0.731 approx. -2.5 to +2.52010: 0.625 approx. -2.5 to +2.52011: 0.571 approx. -2.5 to +2.52012: 0.686 approx. -2.5 to +2.52013: 0.736 approx. -2.5 to +2.52014: 0.525 approx. -2.5 to +2.52015: 0.617 approx. -2.5 to +2.52016: 0.655 approx. -2.5 to +2.52017: 0.546 approx. -2.5 to +2.52018: 0.651 approx. -2.5 to +2.52019: 0.669 approx. -2.5 to +2.52020: 0.539 approx. -2.5 to +2.52021: 0.561 approx. -2.5 to +2.52022: 0.592 approx. -2.5 to +2.52023: 0.575 approx. -2.5 to +2.52024: 0.582 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

Costa Rica recorded 0.5818 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

The figure is up 1.3% on the previous year and up 10.9% over ten years.

Over the whole period, regulatory quality - governance estimate in Costa Rica peaked at 0.7522 approx. -2.5 to +2.5 in 2008 and was at its lowest, 0.1989 approx. -2.5 to +2.5, in 1996.

That places Costa Rica 56th out of 204 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3505 approx. -2.5 to +2.5 0.1989 approx. -2.5 to +2.5 0.5021 approx. -2.5 to +2.5 2
2000s 0.5951 approx. -2.5 to +2.5 0.3238 approx. -2.5 to +2.5 0.7522 approx. -2.5 to +2.5 9
2010s 0.6281 approx. -2.5 to +2.5 0.5248 approx. -2.5 to +2.5 0.7357 approx. -2.5 to +2.5 10
2020s 0.5697 approx. -2.5 to +2.5 0.5391 approx. -2.5 to +2.5 0.5924 approx. -2.5 to +2.5 5

Countries ranked near Costa Rica

  1. 53 Antigua and Barbuda 0.6346 approx. -2.5 to +2.5 compare
  2. 54 Bermuda 0.6285 approx. -2.5 to +2.5 compare
  3. 55 Spain 0.6208 approx. -2.5 to +2.5 compare
  4. 57 Malta 0.4916 approx. -2.5 to +2.5 compare
  5. 58 Palau 0.4812 approx. -2.5 to +2.5 compare
  6. 59 Saint Kitts and Nevis 0.48 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is regulatory quality - governance estimate in Costa Rica?
Regulatory quality - governance estimate in Costa Rica was 0.5818 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 Costa Rica?
The highest recorded value was 0.7522 approx. -2.5 to +2.5 in 2008.
What is the lowest regulatory quality - governance estimate recorded in Costa Rica?
The lowest recorded value was 0.1989 approx. -2.5 to +2.5 in 1996.
How does Costa Rica rank for regulatory quality - governance estimate?
Costa Rica ranks 56th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Costa Rica?
Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
Where does this Costa Rica 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 Costa Rica. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 17 August 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/costa-rica/

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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.