Regulatory Quality - Governance estimate in Italy

Italy: Regulatory Quality - Governance estimate was 0.6401 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
0.6401 approx. -2.5 to +2.5
Change on year
down 8.0%
World rank
52nd
of 204 countries
All-time high
1.03 approx. -2.5 to +2.5
in 2003
All-time low
0.3783 approx. -2.5 to +2.5
in 2014
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Italy, 1996–2024

00.250.50.7511996201020241996: 0.53 approx. -2.5 to +2.51998: 0.701 approx. -2.5 to +2.52000: 0.799 approx. -2.5 to +2.52002: 0.904 approx. -2.5 to +2.52003: 1 approx. -2.5 to +2.52004: 1 approx. -2.5 to +2.52005: 0.906 approx. -2.5 to +2.52006: 0.935 approx. -2.5 to +2.52007: 0.914 approx. -2.5 to +2.52008: 0.889 approx. -2.5 to +2.52009: 0.795 approx. -2.5 to +2.52010: 0.746 approx. -2.5 to +2.52011: 0.486 approx. -2.5 to +2.52012: 0.482 approx. -2.5 to +2.52013: 0.488 approx. -2.5 to +2.52014: 0.378 approx. -2.5 to +2.52015: 0.587 approx. -2.5 to +2.52016: 0.634 approx. -2.5 to +2.52017: 0.636 approx. -2.5 to +2.52018: 0.56 approx. -2.5 to +2.52019: 0.701 approx. -2.5 to +2.52020: 0.472 approx. -2.5 to +2.52021: 0.574 approx. -2.5 to +2.52022: 0.601 approx. -2.5 to +2.52023: 0.696 approx. -2.5 to +2.52024: 0.64 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

In 2024, regulatory quality - governance estimate in Italy stood at 0.6401 approx. -2.5 to +2.5.

The figure is down 8.0% on the previous year and up 69.2% over ten years.

Over the whole period, regulatory quality - governance estimate in Italy peaked at 1.03 approx. -2.5 to +2.5 in 2003 and was at its lowest, 0.3783 approx. -2.5 to +2.5, in 2014.

Italy ranks 52nd of 204 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6155 approx. -2.5 to +2.5 0.5302 approx. -2.5 to +2.5 0.7009 approx. -2.5 to +2.5 2
2000s 0.9078 approx. -2.5 to +2.5 0.7953 approx. -2.5 to +2.5 1.03 approx. -2.5 to +2.5 9
2010s 0.5698 approx. -2.5 to +2.5 0.3783 approx. -2.5 to +2.5 0.7462 approx. -2.5 to +2.5 10
2020s 0.5965 approx. -2.5 to +2.5 0.4717 approx. -2.5 to +2.5 0.6957 approx. -2.5 to +2.5 5

Countries ranked near Italy

  1. 49 Puerto Rico (US) 0.6528 approx. -2.5 to +2.5 compare
  2. 50 Georgia 0.65 approx. -2.5 to +2.5 compare
  3. 51 Uruguay 0.6468 approx. -2.5 to +2.5 compare
  4. 53 Antigua and Barbuda 0.6346 approx. -2.5 to +2.5 compare
  5. 54 Bermuda 0.6285 approx. -2.5 to +2.5 compare
  6. 55 Spain 0.6208 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Italy

All data for Italy →

Frequently asked questions

What is regulatory quality - governance estimate in Italy?
Regulatory quality - governance estimate in Italy was 0.6401 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 Italy?
The highest recorded value was 1.03 approx. -2.5 to +2.5 in 2003.
What is the lowest regulatory quality - governance estimate recorded in Italy?
The lowest recorded value was 0.3783 approx. -2.5 to +2.5 in 2014.
How does Italy rank for regulatory quality - governance estimate?
Italy ranks 52nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Italy?
Over the last ten years it is up 69.2%. The long-run trend across the full record is falling.
Where does this Italy 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.