Regulatory Quality - Governance estimate in Nicaragua

Nicaragua: Regulatory Quality - Governance estimate was -0.991 approx. -2.5 to +2.5 in 2024. ▼ Falling

Latest (2024)
-0.991 approx. -2.5 to +2.5
Change on year
up 2.1%
World rank
176th
of 204 countries
All-time high
-0.1918 approx. -2.5 to +2.5
in 2005
All-time low
-1.01 approx. -2.5 to +2.5
in 2023
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Nicaragua, 1996–2024

-1-0.8-0.6-0.4-0.21996201020241996: -0.766 approx. -2.5 to +2.51998: -0.623 approx. -2.5 to +2.52000: -0.409 approx. -2.5 to +2.52002: -0.568 approx. -2.5 to +2.52003: -0.436 approx. -2.5 to +2.52004: -0.244 approx. -2.5 to +2.52005: -0.192 approx. -2.5 to +2.52006: -0.278 approx. -2.5 to +2.52007: -0.321 approx. -2.5 to +2.52008: -0.379 approx. -2.5 to +2.52009: -0.455 approx. -2.5 to +2.52010: -0.447 approx. -2.5 to +2.52011: -0.451 approx. -2.5 to +2.52012: -0.404 approx. -2.5 to +2.52013: -0.373 approx. -2.5 to +2.52014: -0.402 approx. -2.5 to +2.52015: -0.308 approx. -2.5 to +2.52016: -0.399 approx. -2.5 to +2.52017: -0.497 approx. -2.5 to +2.52018: -0.554 approx. -2.5 to +2.52019: -0.652 approx. -2.5 to +2.52020: -0.681 approx. -2.5 to +2.52021: -0.887 approx. -2.5 to +2.52022: -1 approx. -2.5 to +2.52023: -1 approx. -2.5 to +2.52024: -0.991 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

The most recent figure for regulatory quality - governance estimate in Nicaragua is -0.991 approx. -2.5 to +2.5, measured in 2024.

Compared with earlier readings it is up 2.1% on the previous year and down 146.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Nicaragua peaked at -0.1918 approx. -2.5 to +2.5 in 2005 and was at its lowest, -1.01 approx. -2.5 to +2.5, in 2023.

Nicaragua ranks 176th of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.6943 approx. -2.5 to +2.5 -0.766 approx. -2.5 to +2.5 -0.6226 approx. -2.5 to +2.5 2
2000s -0.3646 approx. -2.5 to +2.5 -0.5683 approx. -2.5 to +2.5 -0.1918 approx. -2.5 to +2.5 9
2010s -0.4487 approx. -2.5 to +2.5 -0.6517 approx. -2.5 to +2.5 -0.3076 approx. -2.5 to +2.5 10
2020s -0.9146 approx. -2.5 to +2.5 -1.01 approx. -2.5 to +2.5 -0.6811 approx. -2.5 to +2.5 5

Countries ranked near Nicaragua

  1. 173 Suriname -0.9187 approx. -2.5 to +2.5 compare
  2. 174 Bangladesh -0.9501 approx. -2.5 to +2.5 compare
  3. 175 Lebanon -0.9589 approx. -2.5 to +2.5 compare
  4. 177 Iraq -1.03 approx. -2.5 to +2.5 compare
  5. 178 Sierra Leone -1.06 approx. -2.5 to +2.5 compare
  6. 179 Russia -1.07 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is regulatory quality - governance estimate in Nicaragua?
Regulatory quality - governance estimate in Nicaragua was -0.991 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 Nicaragua?
The highest recorded value was -0.1918 approx. -2.5 to +2.5 in 2005.
What is the lowest regulatory quality - governance estimate recorded in Nicaragua?
The lowest recorded value was -1.01 approx. -2.5 to +2.5 in 2023.
How does Nicaragua rank for regulatory quality - governance estimate?
Nicaragua ranks 176th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Nicaragua?
Over the last ten years it is down 146.4%. The long-run trend across the full record is falling.
Where does this Nicaragua 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.