Regulatory Quality - Governance estimate in Sri Lanka
Sri Lanka: Regulatory Quality - Governance estimate was -0.2992 approx. -2.5 to +2.5 in 2024. ◆ Volatile
Regulatory Quality - Governance estimate in Sri Lanka, 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 Sri Lanka is -0.2992 approx. -2.5 to +2.5, measured in 2024.
That represents a change of up 21.3% on the previous year and down 4,614.8% over ten years.
Over the whole period, regulatory quality - governance estimate in Sri Lanka peaked at 0.1045 approx. -2.5 to +2.5 in 2002 and was at its lowest, -0.4569 approx. -2.5 to +2.5, in 2022.
Sri Lanka ranks 121st of 205 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.
Regulatory Quality - Governance estimate in Sri Lanka, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | -0.2805 approx. -2.5 to +2.5 | — |
| 1998 | -0.091 approx. -2.5 to +2.5 | -67.5% |
| 2000 | -0.1556 approx. -2.5 to +2.5 | +70.9% |
| 2002 | 0.1045 approx. -2.5 to +2.5 | -167.1% |
| 2003 | 0.0019 approx. -2.5 to +2.5 | -98.1% |
| 2004 | -0.0516 approx. -2.5 to +2.5 | -2761.3% |
| 2005 | -0.1916 approx. -2.5 to +2.5 | +271.3% |
| 2006 | -0.181 approx. -2.5 to +2.5 | -5.5% |
| 2007 | -0.1171 approx. -2.5 to +2.5 | -35.3% |
| 2008 | -0.186 approx. -2.5 to +2.5 | +58.9% |
| 2009 | -0.1475 approx. -2.5 to +2.5 | -20.7% |
| 2010 | -0.0754 approx. -2.5 to +2.5 | -48.9% |
| 2011 | 0.021 approx. -2.5 to +2.5 | -127.9% |
| 2012 | 0.0072 approx. -2.5 to +2.5 | -65.8% |
| 2013 | -0.0764 approx. -2.5 to +2.5 | -1162.7% |
| 2014 | -0.0063 approx. -2.5 to +2.5 | -91.7% |
| 2015 | 0.0306 approx. -2.5 to +2.5 | -582.9% |
| 2016 | -0.0445 approx. -2.5 to +2.5 | -245.4% |
| 2017 | -0.117 approx. -2.5 to +2.5 | +162.6% |
| 2018 | -0.1898 approx. -2.5 to +2.5 | +62.2% |
| 2019 | -0.186 approx. -2.5 to +2.5 | -2.0% |
| 2020 | -0.1123 approx. -2.5 to +2.5 | -39.6% |
| 2021 | -0.1629 approx. -2.5 to +2.5 | +45.1% |
| 2022 | -0.4569 approx. -2.5 to +2.5 | +180.4% |
| 2023 | -0.38 approx. -2.5 to +2.5 | -16.8% |
| 2024 | -0.2992 approx. -2.5 to +2.5 | -21.3% |
Sri Lanka compared with similar countries
- Sri Lanka's -0.2992 approx. -2.5 to +2.5 is below the median for upper middle income countries, which is -0.1017 approx. -2.5 to +2.5, 2.9× the median. (59 countries reporting)
- Sri Lanka's -0.2992 approx. -2.5 to +2.5 is below the median for South Asia, which is -0.2673 approx. -2.5 to +2.5, 1.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Regulatory Quality - Governance estimate in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | -2761.3% | 0.0019 approx. -2.5 to +2.5 | -0.0516 approx. -2.5 to +2.5 |
| 2013 | -1162.7% | 0.0072 approx. -2.5 to +2.5 | -0.0764 approx. -2.5 to +2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.1858 approx. -2.5 to +2.5 | -0.2805 approx. -2.5 to +2.5 | -0.091 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.1027 approx. -2.5 to +2.5 | -0.1916 approx. -2.5 to +2.5 | 0.1045 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.0637 approx. -2.5 to +2.5 | -0.1898 approx. -2.5 to +2.5 | 0.0306 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.2823 approx. -2.5 to +2.5 | -0.4569 approx. -2.5 to +2.5 | -0.1123 approx. -2.5 to +2.5 | 5 |
Countries ranked near Sri Lanka
More reference data data for Sri Lanka
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1608 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.316 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1784 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.539 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1604 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.15 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9713 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Sri Lanka?
- Regulatory quality - governance estimate in Sri Lanka was -0.2992 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 Sri Lanka?
- The highest recorded value was 0.1045 approx. -2.5 to +2.5 in 2002.
- What is the lowest regulatory quality - governance estimate recorded in Sri Lanka?
- The lowest recorded value was -0.4569 approx. -2.5 to +2.5 in 2022.
- How does Sri Lanka rank for regulatory quality - governance estimate?
- Sri Lanka ranks 121st out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Sri Lanka?
- Over the last ten years it is down 4,614.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka 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.