Regulatory Quality - Governance estimate in Maldives

Maldives: Regulatory Quality - Governance estimate was -0.2354 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
-0.2354 approx. -2.5 to +2.5
Change on year
up 33.2%
World rank
115th
of 204 countries
All-time high
0.9364 approx. -2.5 to +2.5
in 2002
All-time low
-0.3524 approx. -2.5 to +2.5
in 2022
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Maldives, 1996–2024

-0.500.511996201020241996: 0.884 approx. -2.5 to +2.51998: 0.915 approx. -2.5 to +2.52000: 0.924 approx. -2.5 to +2.52002: 0.936 approx. -2.5 to +2.52003: 0.759 approx. -2.5 to +2.52004: -0.232 approx. -2.5 to +2.52005: 0.109 approx. -2.5 to +2.52006: 0.107 approx. -2.5 to +2.52007: 0.023 approx. -2.5 to +2.52008: -0.275 approx. -2.5 to +2.52009: -0.283 approx. -2.5 to +2.52010: -0.173 approx. -2.5 to +2.52011: -0.245 approx. -2.5 to +2.52012: -0.254 approx. -2.5 to +2.52013: -0.276 approx. -2.5 to +2.52014: -0.263 approx. -2.5 to +2.52015: -0.307 approx. -2.5 to +2.52016: -0.228 approx. -2.5 to +2.52017: -0.227 approx. -2.5 to +2.52018: -0.227 approx. -2.5 to +2.52019: -0.226 approx. -2.5 to +2.52020: -0.349 approx. -2.5 to +2.52021: -0.26 approx. -2.5 to +2.52022: -0.352 approx. -2.5 to +2.52023: -0.352 approx. -2.5 to +2.52024: -0.235 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

Maldives recorded -0.2354 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is up 33.2% on the previous year and up 10.5% over ten years.

Over the whole period, regulatory quality - governance estimate in Maldives peaked at 0.9364 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.3524 approx. -2.5 to +2.5, in 2022.

Maldives ranks 115th 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 0.8999 approx. -2.5 to +2.5 0.8844 approx. -2.5 to +2.5 0.9153 approx. -2.5 to +2.5 2
2000s 0.2297 approx. -2.5 to +2.5 -0.2829 approx. -2.5 to +2.5 0.9364 approx. -2.5 to +2.5 9
2010s -0.2426 approx. -2.5 to +2.5 -0.3074 approx. -2.5 to +2.5 -0.1731 approx. -2.5 to +2.5 10
2020s -0.3098 approx. -2.5 to +2.5 -0.3524 approx. -2.5 to +2.5 -0.2354 approx. -2.5 to +2.5 5

Countries ranked near Maldives

  1. 112 Turkey -0.2112 approx. -2.5 to +2.5 compare
  2. 114 Argentina -0.235 approx. -2.5 to +2.5 compare
  3. 116 Senegal -0.2416 approx. -2.5 to +2.5 compare
  4. 117 Vietnam -0.2668 approx. -2.5 to +2.5 compare
  5. 118 Benin -0.2773 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Maldives

All data for Maldives →

Frequently asked questions

What is regulatory quality - governance estimate in Maldives?
Regulatory quality - governance estimate in Maldives was -0.2354 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 Maldives?
The highest recorded value was 0.9364 approx. -2.5 to +2.5 in 2002.
What is the lowest regulatory quality - governance estimate recorded in Maldives?
The lowest recorded value was -0.3524 approx. -2.5 to +2.5 in 2022.
How does Maldives rank for regulatory quality - governance estimate?
Maldives ranks 115th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Maldives?
Over the last ten years it is up 10.5%. The long-run trend across the full record is volatile.
Where does this Maldives 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.