Regulatory Quality - Governance estimate in Slovakia

Slovakia: Regulatory Quality - Governance estimate was 0.4047 approx. -2.5 to +2.5 in 2024. ▬ Flat

Latest (2024)
0.4047 approx. -2.5 to +2.5
Change on year
down 24.7%
World rank
62nd
of 204 countries
All-time high
1.21 approx. -2.5 to +2.5
in 2005
All-time low
0.0806 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Slovakia, 1996–2024

00.250.50.7511.21996201020241996: 0.081 approx. -2.5 to +2.51998: 0.245 approx. -2.5 to +2.52000: 0.345 approx. -2.5 to +2.52002: 0.813 approx. -2.5 to +2.52003: 1 approx. -2.5 to +2.52004: 1.1 approx. -2.5 to +2.52005: 1.2 approx. -2.5 to +2.52006: 1.1 approx. -2.5 to +2.52007: 1.1 approx. -2.5 to +2.52008: 1.1 approx. -2.5 to +2.52009: 1 approx. -2.5 to +2.52010: 0.998 approx. -2.5 to +2.52011: 0.969 approx. -2.5 to +2.52012: 0.975 approx. -2.5 to +2.52013: 0.852 approx. -2.5 to +2.52014: 0.727 approx. -2.5 to +2.52015: 0.708 approx. -2.5 to +2.52016: 0.839 approx. -2.5 to +2.52017: 0.742 approx. -2.5 to +2.52018: 0.685 approx. -2.5 to +2.52019: 0.727 approx. -2.5 to +2.52020: 0.61 approx. -2.5 to +2.52021: 0.741 approx. -2.5 to +2.52022: 0.726 approx. -2.5 to +2.52023: 0.537 approx. -2.5 to +2.52024: 0.405 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

Slovakia recorded 0.4047 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

That represents a change of down 24.7% on the previous year and down 44.4% over ten years.

Over the whole period, regulatory quality - governance estimate in Slovakia peaked at 1.21 approx. -2.5 to +2.5 in 2005 and was at its lowest, 0.0806 approx. -2.5 to +2.5, in 1996.

Slovakia ranks 62nd of 204 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1628 approx. -2.5 to +2.5 0.0806 approx. -2.5 to +2.5 0.2451 approx. -2.5 to +2.5 2
2000s 0.9824 approx. -2.5 to +2.5 0.3453 approx. -2.5 to +2.5 1.21 approx. -2.5 to +2.5 9
2010s 0.8222 approx. -2.5 to +2.5 0.6852 approx. -2.5 to +2.5 0.9985 approx. -2.5 to +2.5 10
2020s 0.6038 approx. -2.5 to +2.5 0.4047 approx. -2.5 to +2.5 0.7412 approx. -2.5 to +2.5 5

Countries ranked near Slovakia

  1. 59 Saint Kitts and Nevis 0.48 approx. -2.5 to +2.5 compare
  2. 60 Greece 0.4797 approx. -2.5 to +2.5 compare
  3. 61 Barbados 0.4405 approx. -2.5 to +2.5 compare
  4. 63 Kuwait 0.4035 approx. -2.5 to +2.5 compare
  5. 64 Botswana 0.4019 approx. -2.5 to +2.5 compare
  6. 65 American Samoa 0.3917 approx. -2.5 to +2.5 compare
  7. 65 Guam 0.3917 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Slovakia

All data for Slovakia →

Frequently asked questions

What is regulatory quality - governance estimate in Slovakia?
Regulatory quality - governance estimate in Slovakia was 0.4047 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 Slovakia?
The highest recorded value was 1.21 approx. -2.5 to +2.5 in 2005.
What is the lowest regulatory quality - governance estimate recorded in Slovakia?
The lowest recorded value was 0.0806 approx. -2.5 to +2.5 in 1996.
How does Slovakia rank for regulatory quality - governance estimate?
Slovakia ranks 62nd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Slovakia?
Over the last ten years it is down 44.4%. The long-run trend across the full record is flat.
Where does this Slovakia 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.