Regulatory Quality - Governance estimate in Micronesia (country)
Micronesia (country): Regulatory Quality - Governance estimate was -0.7633 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Micronesia (country), 2004–2024
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
Micronesia (country) recorded -0.7633 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 5.5% over ten years.
Over the whole period, regulatory quality - governance estimate in Micronesia (country) peaked at 0.4809 approx. -2.5 to +2.5 in 2005 and was at its lowest, -0.8515 approx. -2.5 to +2.5, in 2020.
That places Micronesia (country) 162nd out of 205 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Regulatory Quality - Governance estimate in Micronesia (country), year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 2004 | 0.1549 approx. -2.5 to +2.5 | — |
| 2005 | 0.4809 approx. -2.5 to +2.5 | +210.4% |
| 2006 | 0.4776 approx. -2.5 to +2.5 | -0.7% |
| 2007 | -0.157 approx. -2.5 to +2.5 | -132.9% |
| 2008 | -0.4652 approx. -2.5 to +2.5 | +196.3% |
| 2009 | -0.5513 approx. -2.5 to +2.5 | +18.5% |
| 2010 | -0.5512 approx. -2.5 to +2.5 | -0.0% |
| 2011 | -0.7803 approx. -2.5 to +2.5 | +41.6% |
| 2012 | -0.7848 approx. -2.5 to +2.5 | +0.6% |
| 2013 | -0.7613 approx. -2.5 to +2.5 | -3.0% |
| 2014 | -0.808 approx. -2.5 to +2.5 | +6.1% |
| 2015 | -0.7795 approx. -2.5 to +2.5 | -3.5% |
| 2016 | -0.7728 approx. -2.5 to +2.5 | -0.9% |
| 2017 | -0.6814 approx. -2.5 to +2.5 | -11.8% |
| 2018 | -0.7714 approx. -2.5 to +2.5 | +13.2% |
| 2019 | -0.8495 approx. -2.5 to +2.5 | +10.1% |
| 2020 | -0.8515 approx. -2.5 to +2.5 | +0.2% |
| 2021 | -0.7619 approx. -2.5 to +2.5 | -10.5% |
| 2022 | -0.764 approx. -2.5 to +2.5 | +0.3% |
| 2023 | -0.7638 approx. -2.5 to +2.5 | -0.0% |
| 2024 | -0.7633 approx. -2.5 to +2.5 | -0.1% |
Micronesia (country) compared with similar countries
- Micronesia (country)'s -0.7633 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, 7.5× the median. (59 countries reporting)
- Micronesia (country)'s -0.7633 approx. -2.5 to +2.5 is below the median for East Asia & Pacific, which is -0.071 approx. -2.5 to +2.5, 10.7× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Regulatory Quality - Governance estimate in Micronesia (country) 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.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +210.4% | 0.1549 approx. -2.5 to +2.5 | 0.4809 approx. -2.5 to +2.5 |
| 2008 | -196.3% | -0.157 approx. -2.5 to +2.5 | -0.4652 approx. -2.5 to +2.5 |
| 2007 | -132.9% | 0.4776 approx. -2.5 to +2.5 | -0.157 approx. -2.5 to +2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.01 approx. -2.5 to +2.5 | -0.5513 approx. -2.5 to +2.5 | 0.4809 approx. -2.5 to +2.5 | 6 |
| 2010s | -0.754 approx. -2.5 to +2.5 | -0.8495 approx. -2.5 to +2.5 | -0.5512 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.7809 approx. -2.5 to +2.5 | -0.8515 approx. -2.5 to +2.5 | -0.7619 approx. -2.5 to +2.5 | 5 |
Countries ranked near Micronesia (country)
- 159 Tajikistan -0.7588 approx. -2.5 to +2.5 compare
- 160 Mali -0.7623 approx. -2.5 to +2.5 compare
- 161 Niger -0.7625 approx. -2.5 to +2.5 compare
- 163 Mozambique -0.7635 approx. -2.5 to +2.5 compare
- 164 Angola -0.773 approx. -2.5 to +2.5 compare
- 165 Mauritania -0.7782 approx. -2.5 to +2.5 compare
More reference data data for Micronesia (country)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Manure Management 29.28 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0018 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0047 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 1.05 (2050)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 3.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1.94 (2050)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.0003 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 4.15 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 16.58 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Micronesia (country)?
- Regulatory quality - governance estimate in Micronesia (country) was -0.7633 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 Micronesia (country)?
- The highest recorded value was 0.4809 approx. -2.5 to +2.5 in 2005.
- What is the lowest regulatory quality - governance estimate recorded in Micronesia (country)?
- The lowest recorded value was -0.8515 approx. -2.5 to +2.5 in 2020.
- How does Micronesia (country) rank for regulatory quality - governance estimate?
- Micronesia (country) ranks 162nd out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Micronesia (country)?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is volatile.
- Where does this Micronesia (country) 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
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.