Regulatory Quality - Governance estimate in Macao

Macao: Regulatory Quality - Governance estimate was 1.37 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
1.37 approx. -2.5 to +2.5
Change on year
down 4.2%
World rank
18th
of 204 countries
All-time high
1.71 approx. -2.5 to +2.5
in 2015
All-time low
0.3517 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Macao, 1996–2024

0.511.51996201020241996: 0.352 approx. -2.5 to +2.51998: 0.383 approx. -2.5 to +2.52000: 0.569 approx. -2.5 to +2.52002: 0.759 approx. -2.5 to +2.52003: 1.3 approx. -2.5 to +2.52004: 1 approx. -2.5 to +2.52005: 1.3 approx. -2.5 to +2.52006: 1.3 approx. -2.5 to +2.52007: 1.1 approx. -2.5 to +2.52008: 1.2 approx. -2.5 to +2.52009: 1.4 approx. -2.5 to +2.52010: 1.4 approx. -2.5 to +2.52011: 1.4 approx. -2.5 to +2.52012: 1.4 approx. -2.5 to +2.52013: 1.4 approx. -2.5 to +2.52014: 1.7 approx. -2.5 to +2.52015: 1.7 approx. -2.5 to +2.52016: 1.6 approx. -2.5 to +2.52017: 1.6 approx. -2.5 to +2.52018: 1.5 approx. -2.5 to +2.52019: 1.5 approx. -2.5 to +2.52020: 1.4 approx. -2.5 to +2.52021: 1.4 approx. -2.5 to +2.52022: 1.4 approx. -2.5 to +2.52023: 1.4 approx. -2.5 to +2.52024: 1.4 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

Macao recorded 1.37 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

The figure is down 4.2% on the previous year and down 19.5% over ten years.

Over the whole period, regulatory quality - governance estimate in Macao peaked at 1.71 approx. -2.5 to +2.5 in 2015 and was at its lowest, 0.3517 approx. -2.5 to +2.5, in 1996.

Macao ranks 18th of 204 countries on this measure, 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 0.3671 approx. -2.5 to +2.5 0.3517 approx. -2.5 to +2.5 0.3825 approx. -2.5 to +2.5 2
2000s 1.1 approx. -2.5 to +2.5 0.5685 approx. -2.5 to +2.5 1.41 approx. -2.5 to +2.5 9
2010s 1.54 approx. -2.5 to +2.5 1.43 approx. -2.5 to +2.5 1.71 approx. -2.5 to +2.5 10
2020s 1.42 approx. -2.5 to +2.5 1.37 approx. -2.5 to +2.5 1.43 approx. -2.5 to +2.5 5

Countries ranked near Macao

  1. 15 Greenland 1.5 approx. -2.5 to +2.5 compare
  2. 16 Germany 1.5 approx. -2.5 to +2.5 compare
  3. 17 Estonia 1.4 approx. -2.5 to +2.5 compare
  4. 19 Canada 1.36 approx. -2.5 to +2.5 compare
  5. 20 United States 1.35 approx. -2.5 to +2.5 compare
  6. 21 Austria 1.35 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Macao

All data for Macao →

Frequently asked questions

What is regulatory quality - governance estimate in Macao?
Regulatory quality - governance estimate in Macao was 1.37 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 Macao?
The highest recorded value was 1.71 approx. -2.5 to +2.5 in 2015.
What is the lowest regulatory quality - governance estimate recorded in Macao?
The lowest recorded value was 0.3517 approx. -2.5 to +2.5 in 1996.
How does Macao rank for regulatory quality - governance estimate?
Macao ranks 18th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Macao?
Over the last ten years it is down 19.5%. The long-run trend across the full record is rising.
Where does this Macao 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.