Regulatory Quality - Governance estimate in Serbia

Serbia: Regulatory Quality - Governance estimate was 0.0784 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
0.0784 approx. -2.5 to +2.5
Change on year
down 7.9%
World rank
88th
of 204 countries
All-time high
0.0897 approx. -2.5 to +2.5
in 2018
All-time low
-1.88 approx. -2.5 to +2.5
in 2000
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Serbia, 1996–2024

-2-1.5-1-0.501996201020241996: -1.4 approx. -2.5 to +2.51998: -1.8 approx. -2.5 to +2.52000: -1.9 approx. -2.5 to +2.52002: -0.915 approx. -2.5 to +2.52003: -0.918 approx. -2.5 to +2.52004: -0.66 approx. -2.5 to +2.52005: -0.717 approx. -2.5 to +2.52006: -0.582 approx. -2.5 to +2.52007: -0.421 approx. -2.5 to +2.52008: -0.4 approx. -2.5 to +2.52009: -0.349 approx. -2.5 to +2.52010: -0.282 approx. -2.5 to +2.52011: -0.278 approx. -2.5 to +2.52012: -0.277 approx. -2.5 to +2.52013: -0.248 approx. -2.5 to +2.52014: 0.002 approx. -2.5 to +2.52015: 0.077 approx. -2.5 to +2.52016: -0.009 approx. -2.5 to +2.52017: 0.018 approx. -2.5 to +2.52018: 0.09 approx. -2.5 to +2.52019: 0.064 approx. -2.5 to +2.52020: 0.065 approx. -2.5 to +2.52021: 0.056 approx. -2.5 to +2.52022: 0.089 approx. -2.5 to +2.52023: 0.085 approx. -2.5 to +2.52024: 0.078 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

Serbia recorded 0.0784 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is down 7.9% on the previous year and up 4,305.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Serbia peaked at 0.0897 approx. -2.5 to +2.5 in 2018 and was at its lowest, -1.88 approx. -2.5 to +2.5, in 2000.

Serbia ranks 88th of 204 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.61 approx. -2.5 to +2.5 -1.8 approx. -2.5 to +2.5 -1.43 approx. -2.5 to +2.5 2
2000s -0.7602 approx. -2.5 to +2.5 -1.88 approx. -2.5 to +2.5 -0.3494 approx. -2.5 to +2.5 9
2010s -0.0843 approx. -2.5 to +2.5 -0.2819 approx. -2.5 to +2.5 0.0897 approx. -2.5 to +2.5 10
2020s 0.0747 approx. -2.5 to +2.5 0.0556 approx. -2.5 to +2.5 0.0893 approx. -2.5 to +2.5 5

Countries ranked near Serbia

  1. 85 Jamaica 0.0909 approx. -2.5 to +2.5 compare
  2. 86 Peru 0.0828 approx. -2.5 to +2.5 compare
  3. 87 Philippines 0.0793 approx. -2.5 to +2.5 compare
  4. 89 Fiji 0.0651 approx. -2.5 to +2.5 compare
  5. 90 Dominica 0.0598 approx. -2.5 to +2.5 compare
  6. 91 Grenada 0.0499 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Serbia

All data for Serbia →

Frequently asked questions

What is regulatory quality - governance estimate in Serbia?
Regulatory quality - governance estimate in Serbia was 0.0784 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 Serbia?
The highest recorded value was 0.0897 approx. -2.5 to +2.5 in 2018.
What is the lowest regulatory quality - governance estimate recorded in Serbia?
The lowest recorded value was -1.88 approx. -2.5 to +2.5 in 2000.
How does Serbia rank for regulatory quality - governance estimate?
Serbia ranks 88th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Serbia?
Over the last ten years it is up 4,305.4%. The long-run trend across the full record is volatile.
Where does this Serbia 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.

Download this data

CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.