Regulatory Quality - Governance estimate in Mongolia
Mongolia: Regulatory Quality - Governance estimate was -0.0707 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Mongolia, 1996–2024
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
The most recent figure for regulatory quality - governance estimate in Mongolia is -0.0707 approx. -2.5 to +2.5, measured in 2024.
The figure is down 72.5% on the previous year and up 77.1% over ten years.
Over the whole period, regulatory quality - governance estimate in Mongolia peaked at 0.0931 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.4974 approx. -2.5 to +2.5, in 1996.
That places Mongolia 98th out of 205 countries with data for 2024, putting it 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 Mongolia, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | -0.4974 approx. -2.5 to +2.5 | — |
| 1998 | -0.3448 approx. -2.5 to +2.5 | -30.7% |
| 2000 | -0.3402 approx. -2.5 to +2.5 | -1.3% |
| 2002 | 0.0931 approx. -2.5 to +2.5 | -127.4% |
| 2003 | -0.0901 approx. -2.5 to +2.5 | -196.8% |
| 2004 | -0.354 approx. -2.5 to +2.5 | +292.9% |
| 2005 | -0.1506 approx. -2.5 to +2.5 | -57.4% |
| 2006 | -0.1741 approx. -2.5 to +2.5 | +15.6% |
| 2007 | -0.1828 approx. -2.5 to +2.5 | +5.0% |
| 2008 | -0.2603 approx. -2.5 to +2.5 | +42.3% |
| 2009 | -0.2965 approx. -2.5 to +2.5 | +13.9% |
| 2010 | -0.2778 approx. -2.5 to +2.5 | -6.3% |
| 2011 | -0.3091 approx. -2.5 to +2.5 | +11.3% |
| 2012 | -0.3833 approx. -2.5 to +2.5 | +24.0% |
| 2013 | -0.4707 approx. -2.5 to +2.5 | +22.8% |
| 2014 | -0.3096 approx. -2.5 to +2.5 | -34.2% |
| 2015 | -0.3044 approx. -2.5 to +2.5 | -1.7% |
| 2016 | -0.0277 approx. -2.5 to +2.5 | -90.9% |
| 2017 | -0.0359 approx. -2.5 to +2.5 | +29.4% |
| 2018 | 0.0264 approx. -2.5 to +2.5 | -173.6% |
| 2019 | -0.0664 approx. -2.5 to +2.5 | -351.5% |
| 2020 | -0.1343 approx. -2.5 to +2.5 | +102.3% |
| 2021 | -0.1284 approx. -2.5 to +2.5 | -4.4% |
| 2022 | -0.1946 approx. -2.5 to +2.5 | +51.6% |
| 2023 | -0.041 approx. -2.5 to +2.5 | -78.9% |
| 2024 | -0.0707 approx. -2.5 to +2.5 | +72.5% |
Mongolia compared with similar countries
- Mongolia's -0.0707 approx. -2.5 to +2.5 is above the median for upper middle income countries, which is -0.1017 approx. -2.5 to +2.5, 70% of the median. (59 countries reporting)
- Mongolia's -0.0707 approx. -2.5 to +2.5 is above the median for East Asia & Pacific, which is -0.071 approx. -2.5 to +2.5, 100% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.4211 approx. -2.5 to +2.5 | -0.4974 approx. -2.5 to +2.5 | -0.3448 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.1951 approx. -2.5 to +2.5 | -0.354 approx. -2.5 to +2.5 | 0.0931 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.2159 approx. -2.5 to +2.5 | -0.4707 approx. -2.5 to +2.5 | 0.0264 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.1138 approx. -2.5 to +2.5 | -0.1946 approx. -2.5 to +2.5 | -0.041 approx. -2.5 to +2.5 | 5 |
Countries ranked near Mongolia
More reference data data for Mongolia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.8173 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.37 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.25 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0069 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.25 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.74 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 12.74 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 18.89 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0378 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Mongolia?
- Regulatory quality - governance estimate in Mongolia was -0.0707 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 Mongolia?
- The highest recorded value was 0.0931 approx. -2.5 to +2.5 in 2002.
- What is the lowest regulatory quality - governance estimate recorded in Mongolia?
- The lowest recorded value was -0.4974 approx. -2.5 to +2.5 in 1996.
- How does Mongolia rank for regulatory quality - governance estimate?
- Mongolia ranks 98th out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Mongolia?
- Over the last ten years it is up 77.1%. The long-run trend across the full record is volatile.
- Where does this Mongolia 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.