Regulatory Quality - Governance estimate in Dominican Republic

Dominican Republic: Regulatory Quality - Governance estimate was 0.2073 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.2073 approx. -2.5 to +2.5
Change on year
up 327.4%
World rank
75th
of 204 countries
All-time high
0.2073 approx. -2.5 to +2.5
in 2024
All-time low
-0.5597 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Dominican Republic, 1996–2024

-0.6-0.4-0.2-00.21996201020241996: -0.56 approx. -2.5 to +2.51998: -0.069 approx. -2.5 to +2.52000: 0.002 approx. -2.5 to +2.52002: -0.307 approx. -2.5 to +2.52003: -0.4 approx. -2.5 to +2.52004: -0.421 approx. -2.5 to +2.52005: -0.31 approx. -2.5 to +2.52006: -0.169 approx. -2.5 to +2.52007: -0.163 approx. -2.5 to +2.52008: -0.135 approx. -2.5 to +2.52009: -0.139 approx. -2.5 to +2.52010: -0.066 approx. -2.5 to +2.52011: -0.188 approx. -2.5 to +2.52012: -0.185 approx. -2.5 to +2.52013: -0.174 approx. -2.5 to +2.52014: -0.149 approx. -2.5 to +2.52015: -0.09 approx. -2.5 to +2.52016: -0.065 approx. -2.5 to +2.52017: -0.107 approx. -2.5 to +2.52018: -0.145 approx. -2.5 to +2.52019: -0.102 approx. -2.5 to +2.52020: -0.097 approx. -2.5 to +2.52021: -0.01 approx. -2.5 to +2.52022: -0.06 approx. -2.5 to +2.52023: 0.049 approx. -2.5 to +2.52024: 0.207 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

The most recent figure for regulatory quality - governance estimate in Dominican Republic is 0.2073 approx. -2.5 to +2.5, measured in 2024. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 327.4% on the previous year and up 239.1% over ten years.

Over the whole period, regulatory quality - governance estimate in Dominican Republic peaked at 0.2073 approx. -2.5 to +2.5 in 2024 and was at its lowest, -0.5597 approx. -2.5 to +2.5, in 1996.

Dominican Republic ranks 75th of 204 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.3144 approx. -2.5 to +2.5 -0.5597 approx. -2.5 to +2.5 -0.0691 approx. -2.5 to +2.5 2
2000s -0.2268 approx. -2.5 to +2.5 -0.4213 approx. -2.5 to +2.5 0.0018 approx. -2.5 to +2.5 9
2010s -0.1271 approx. -2.5 to +2.5 -0.1878 approx. -2.5 to +2.5 -0.065 approx. -2.5 to +2.5 10
2020s 0.0177 approx. -2.5 to +2.5 -0.0974 approx. -2.5 to +2.5 0.2073 approx. -2.5 to +2.5 5

Countries ranked near Dominican Republic

  1. 72 Jordan 0.276 approx. -2.5 to +2.5 compare
  2. 73 Rwanda 0.2696 approx. -2.5 to +2.5 compare
  3. 74 North Macedonia 0.2663 approx. -2.5 to +2.5 compare
  4. 76 Saint Lucia 0.1818 approx. -2.5 to +2.5 compare
  5. 77 Armenia 0.138 approx. -2.5 to +2.5 compare
  6. 78 Albania 0.1357 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is regulatory quality - governance estimate in Dominican Republic?
Regulatory quality - governance estimate in Dominican Republic was 0.2073 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 Dominican Republic?
The highest recorded value was 0.2073 approx. -2.5 to +2.5 in 2024.
What is the lowest regulatory quality - governance estimate recorded in Dominican Republic?
The lowest recorded value was -0.5597 approx. -2.5 to +2.5 in 1996.
How does Dominican Republic rank for regulatory quality - governance estimate?
Dominican Republic ranks 75th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Dominican Republic?
Over the last ten years it is up 239.1%. The long-run trend across the full record is volatile.
Where does this Dominican Republic 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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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.