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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
116th
of 205 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 116th of 205 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.

Regulatory Quality - Governance estimate in Maldives, year by year

Year approx. -2.5 to +2.5 Change
1996 0.8844 approx. -2.5 to +2.5 —
1998 0.9153 approx. -2.5 to +2.5 +3.5%
2000 0.9237 approx. -2.5 to +2.5 +0.9%
2002 0.9364 approx. -2.5 to +2.5 +1.4%
2003 0.7589 approx. -2.5 to +2.5 -19.0%
2004 -0.2323 approx. -2.5 to +2.5 -130.6%
2005 0.1085 approx. -2.5 to +2.5 -146.7%
2006 0.1071 approx. -2.5 to +2.5 -1.3%
2007 0.0234 approx. -2.5 to +2.5 -78.2%
2008 -0.2755 approx. -2.5 to +2.5 -1279.5%
2009 -0.2829 approx. -2.5 to +2.5 +2.7%
2010 -0.1731 approx. -2.5 to +2.5 -38.8%
2011 -0.2451 approx. -2.5 to +2.5 +41.6%
2012 -0.2539 approx. -2.5 to +2.5 +3.6%
2013 -0.2756 approx. -2.5 to +2.5 +8.5%
2014 -0.263 approx. -2.5 to +2.5 -4.6%
2015 -0.3074 approx. -2.5 to +2.5 +16.9%
2016 -0.2284 approx. -2.5 to +2.5 -25.7%
2017 -0.2274 approx. -2.5 to +2.5 -0.5%
2018 -0.2269 approx. -2.5 to +2.5 -0.2%
2019 -0.2258 approx. -2.5 to +2.5 -0.5%
2020 -0.3494 approx. -2.5 to +2.5 +54.8%
2021 -0.2598 approx. -2.5 to +2.5 -25.6%
2022 -0.3524 approx. -2.5 to +2.5 +35.6%
2023 -0.3521 approx. -2.5 to +2.5 -0.1%
2024 -0.2354 approx. -2.5 to +2.5 -33.2%

Maldives compared with similar countries

  • Maldives's -0.2354 approx. -2.5 to +2.5 is below the median for upper middle income countries, which is -0.1017 approx. -2.5 to +2.5, 2.3× the median. (59 countries reporting)
  • Maldives's -0.2354 approx. -2.5 to +2.5 is above the median for South Asia, which is -0.2673 approx. -2.5 to +2.5, 88% of the median. (6 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - Governance estimate in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 -1279.5% 0.0234 approx. -2.5 to +2.5 -0.2755 approx. -2.5 to +2.5

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. 113 Kosovo -0.2229 approx. -2.5 to +2.5 compare
  2. 113 Kosovo (UNSCR 1244) -0.2229 approx. -2.5 to +2.5 compare
  3. 115 Argentina -0.235 approx. -2.5 to +2.5 compare
  4. 117 Senegal -0.2416 approx. -2.5 to +2.5 compare
  5. 118 Vietnam -0.2668 approx. -2.5 to +2.5 compare
  6. 119 Benin -0.2773 approx. -2.5 to +2.5 compare

See the full ranking of 205 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 116th out of 205 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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Regulatory Quality - Governance estimate in Maldives. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 25 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/maldives/

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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
205 places, 5,160 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.