Regulatory Quality - Governance estimate in Ireland

Ireland: Regulatory Quality - Governance estimate was 1.79 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
1.79 approx. -2.5 to +2.5
Change on year
down 0.2%
World rank
6th
of 204 countries
All-time high
1.99 approx. -2.5 to +2.5
in 2006
All-time low
1.34 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Ireland, 1996–2024

00.511.521996201020241996: 1.3 approx. -2.5 to +2.51998: 1.6 approx. -2.5 to +2.52000: 1.7 approx. -2.5 to +2.52002: 2 approx. -2.5 to +2.52003: 1.9 approx. -2.5 to +2.52004: 1.7 approx. -2.5 to +2.52005: 1.9 approx. -2.5 to +2.52006: 2 approx. -2.5 to +2.52007: 1.9 approx. -2.5 to +2.52008: 1.8 approx. -2.5 to +2.52009: 1.6 approx. -2.5 to +2.52010: 1.6 approx. -2.5 to +2.52011: 1.4 approx. -2.5 to +2.52012: 1.5 approx. -2.5 to +2.52013: 1.6 approx. -2.5 to +2.52014: 1.7 approx. -2.5 to +2.52015: 1.7 approx. -2.5 to +2.52016: 1.7 approx. -2.5 to +2.52017: 1.6 approx. -2.5 to +2.52018: 1.6 approx. -2.5 to +2.52019: 1.6 approx. -2.5 to +2.52020: 1.5 approx. -2.5 to +2.52021: 1.6 approx. -2.5 to +2.52022: 1.8 approx. -2.5 to +2.52023: 1.8 approx. -2.5 to +2.52024: 1.8 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

Ireland recorded 1.79 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

That represents a change of down 0.2% on the previous year and up 8.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Ireland peaked at 1.99 approx. -2.5 to +2.5 in 2006 and was at its lowest, 1.34 approx. -2.5 to +2.5, in 1996.

That places Ireland 6th out of 204 countries with data for 2024, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.47 approx. -2.5 to +2.5 1.34 approx. -2.5 to +2.5 1.6 approx. -2.5 to +2.5 2
2000s 1.84 approx. -2.5 to +2.5 1.62 approx. -2.5 to +2.5 1.99 approx. -2.5 to +2.5 9
2010s 1.6 approx. -2.5 to +2.5 1.44 approx. -2.5 to +2.5 1.72 approx. -2.5 to +2.5 10
2020s 1.69 approx. -2.5 to +2.5 1.47 approx. -2.5 to +2.5 1.8 approx. -2.5 to +2.5 5

Countries ranked near Ireland

  1. 3 Denmark 1.93 approx. -2.5 to +2.5 compare
  2. 4 New Zealand 1.84 approx. -2.5 to +2.5 compare
  3. 5 Luxembourg 1.84 approx. -2.5 to +2.5 compare
  4. 7 Switzerland 1.77 approx. -2.5 to +2.5 compare
  5. 8 Hong Kong 1.74 approx. -2.5 to +2.5 compare
  6. 9 Australia 1.72 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Ireland

All data for Ireland →

Frequently asked questions

What is regulatory quality - governance estimate in Ireland?
Regulatory quality - governance estimate in Ireland was 1.79 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 Ireland?
The highest recorded value was 1.99 approx. -2.5 to +2.5 in 2006.
What is the lowest regulatory quality - governance estimate recorded in Ireland?
The lowest recorded value was 1.34 approx. -2.5 to +2.5 in 1996.
How does Ireland rank for regulatory quality - governance estimate?
Ireland ranks 6th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Ireland?
Over the last ten years it is up 8.4%. The long-run trend across the full record is flat.
Where does this Ireland 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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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.