Regulatory Quality - Governance estimate in Hong Kong (China)

Hong Kong (China): Regulatory Quality - Governance estimate was 1.74 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.74 approx. -2.5 to +2.5
Change on year
up 0.5%
World rank
8th
of 204 countries
All-time high
2.23 approx. -2.5 to +2.5
in 2016
All-time low
1.37 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Hong Kong (China), 1996–2024

00.511.521996201020241996: 1.4 approx. -2.5 to +2.51998: 1.4 approx. -2.5 to +2.52000: 1.5 approx. -2.5 to +2.52002: 1.9 approx. -2.5 to +2.52003: 2.1 approx. -2.5 to +2.52004: 2.1 approx. -2.5 to +2.52005: 2.1 approx. -2.5 to +2.52006: 2.2 approx. -2.5 to +2.52007: 2.1 approx. -2.5 to +2.52008: 2.1 approx. -2.5 to +2.52009: 2 approx. -2.5 to +2.52010: 2 approx. -2.5 to +2.52011: 1.8 approx. -2.5 to +2.52012: 2 approx. -2.5 to +2.52013: 2 approx. -2.5 to +2.52014: 2 approx. -2.5 to +2.52015: 2.2 approx. -2.5 to +2.52016: 2.2 approx. -2.5 to +2.52017: 2.2 approx. -2.5 to +2.52018: 2.2 approx. -2.5 to +2.52019: 2 approx. -2.5 to +2.52020: 1.9 approx. -2.5 to +2.52021: 1.7 approx. -2.5 to +2.52022: 1.7 approx. -2.5 to +2.52023: 1.7 approx. -2.5 to +2.52024: 1.7 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

Hong Kong (China) recorded 1.74 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

The figure is up 0.5% on the previous year and down 12.6% over ten years.

Over the whole period, regulatory quality - governance estimate in Hong Kong (China) peaked at 2.23 approx. -2.5 to +2.5 in 2016 and was at its lowest, 1.37 approx. -2.5 to +2.5, in 1996.

That places Hong Kong (China) 8th out of 204 countries with data for 2024, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.38 approx. -2.5 to +2.5 1.37 approx. -2.5 to +2.5 1.38 approx. -2.5 to +2.5 2
2000s 2.02 approx. -2.5 to +2.5 1.51 approx. -2.5 to +2.5 2.2 approx. -2.5 to +2.5 9
2010s 2.06 approx. -2.5 to +2.5 1.81 approx. -2.5 to +2.5 2.23 approx. -2.5 to +2.5 10
2020s 1.76 approx. -2.5 to +2.5 1.72 approx. -2.5 to +2.5 1.85 approx. -2.5 to +2.5 5

Countries ranked near Hong Kong (China)

  1. 5 Luxembourg 1.84 approx. -2.5 to +2.5 compare
  2. 6 Ireland 1.79 approx. -2.5 to +2.5 compare
  3. 7 Switzerland 1.77 approx. -2.5 to +2.5 compare
  4. 9 Australia 1.72 approx. -2.5 to +2.5 compare
  5. 10 Netherlands 1.72 approx. -2.5 to +2.5 compare
  6. 11 Sweden 1.67 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Hong Kong (China)

All data for Hong Kong (China) →

Frequently asked questions

What is regulatory quality - governance estimate in Hong Kong (China)?
Regulatory quality - governance estimate in Hong Kong (China) was 1.74 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 Hong Kong (China)?
The highest recorded value was 2.23 approx. -2.5 to +2.5 in 2016.
What is the lowest regulatory quality - governance estimate recorded in Hong Kong (China)?
The lowest recorded value was 1.37 approx. -2.5 to +2.5 in 1996.
How does Hong Kong (China) rank for regulatory quality - governance estimate?
Hong Kong (China) ranks 8th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Hong Kong (China)?
Over the last ten years it is down 12.6%. The long-run trend across the full record is rising.
Where does this Hong Kong (China) 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 Hong Kong (China). Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 20 August 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/hong-kong-sar-china/

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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.