Regulatory Quality - Governance estimate in Papua New Guinea

Papua New Guinea: Regulatory Quality - Governance estimate was -0.6004 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.6004 approx. -2.5 to +2.5
Change on year
up 15.5%
World rank
144th
of 204 countries
All-time high
-0.2588 approx. -2.5 to +2.5
in 2014
All-time low
-0.8827 approx. -2.5 to +2.5
in 2003
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Papua New Guinea, 1996–2024

-0.8-0.6-0.4-0.21996201020241996: -0.78 approx. -2.5 to +2.51998: -0.591 approx. -2.5 to +2.52000: -0.436 approx. -2.5 to +2.52002: -0.796 approx. -2.5 to +2.52003: -0.883 approx. -2.5 to +2.52004: -0.712 approx. -2.5 to +2.52005: -0.853 approx. -2.5 to +2.52006: -0.502 approx. -2.5 to +2.52007: -0.37 approx. -2.5 to +2.52008: -0.448 approx. -2.5 to +2.52009: -0.44 approx. -2.5 to +2.52010: -0.433 approx. -2.5 to +2.52011: -0.428 approx. -2.5 to +2.52012: -0.501 approx. -2.5 to +2.52013: -0.465 approx. -2.5 to +2.52014: -0.259 approx. -2.5 to +2.52015: -0.393 approx. -2.5 to +2.52016: -0.459 approx. -2.5 to +2.52017: -0.523 approx. -2.5 to +2.52018: -0.467 approx. -2.5 to +2.52019: -0.508 approx. -2.5 to +2.52020: -0.587 approx. -2.5 to +2.52021: -0.751 approx. -2.5 to +2.52022: -0.747 approx. -2.5 to +2.52023: -0.711 approx. -2.5 to +2.52024: -0.6 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

In 2024, regulatory quality - governance estimate in Papua New Guinea stood at -0.6004 approx. -2.5 to +2.5.

Compared with earlier readings it is up 15.5% on the previous year and down 132.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Papua New Guinea peaked at -0.2588 approx. -2.5 to +2.5 in 2014 and was at its lowest, -0.8827 approx. -2.5 to +2.5, in 2003.

That places Papua New Guinea 144th out of 204 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.6852 approx. -2.5 to +2.5 -0.7799 approx. -2.5 to +2.5 -0.5905 approx. -2.5 to +2.5 2
2000s -0.6045 approx. -2.5 to +2.5 -0.8827 approx. -2.5 to +2.5 -0.3703 approx. -2.5 to +2.5 9
2010s -0.4436 approx. -2.5 to +2.5 -0.5228 approx. -2.5 to +2.5 -0.2588 approx. -2.5 to +2.5 10
2020s -0.6794 approx. -2.5 to +2.5 -0.7515 approx. -2.5 to +2.5 -0.5871 approx. -2.5 to +2.5 5

Countries ranked near Papua New Guinea

  1. 141 Tanzania -0.5354 approx. -2.5 to +2.5 compare
  2. 142 Nepal -0.5523 approx. -2.5 to +2.5 compare
  3. 143 Malawi -0.585 approx. -2.5 to +2.5 compare
  4. 145 Honduras -0.628 approx. -2.5 to +2.5 compare
  5. 146 Cambodia -0.6314 approx. -2.5 to +2.5 compare
  6. 147 Nigeria -0.6333 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is regulatory quality - governance estimate in Papua New Guinea?
Regulatory quality - governance estimate in Papua New Guinea was -0.6004 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 Papua New Guinea?
The highest recorded value was -0.2588 approx. -2.5 to +2.5 in 2014.
What is the lowest regulatory quality - governance estimate recorded in Papua New Guinea?
The lowest recorded value was -0.8827 approx. -2.5 to +2.5 in 2003.
How does Papua New Guinea rank for regulatory quality - governance estimate?
Papua New Guinea ranks 144th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Papua New Guinea?
Over the last ten years it is down 132.0%. The long-run trend across the full record is rising.
Where does this Papua New Guinea 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.