Regulatory Quality - Governance estimate in Suriname

Suriname: Regulatory Quality - Governance estimate was -0.9187 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.9187 approx. -2.5 to +2.5
Change on year
down 25.7%
World rank
173rd
of 204 countries
All-time high
-0.3518 approx. -2.5 to +2.5
in 2013
All-time low
-1.06 approx. -2.5 to +2.5
in 1996
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Suriname, 1996–2024

-1-0.8-0.6-0.41996201020241996: -1.1 approx. -2.5 to +2.51998: -0.91 approx. -2.5 to +2.52000: -0.944 approx. -2.5 to +2.52002: -0.783 approx. -2.5 to +2.52003: -0.783 approx. -2.5 to +2.52004: -0.856 approx. -2.5 to +2.52005: -0.654 approx. -2.5 to +2.52006: -0.543 approx. -2.5 to +2.52007: -0.482 approx. -2.5 to +2.52008: -0.465 approx. -2.5 to +2.52009: -0.454 approx. -2.5 to +2.52010: -0.47 approx. -2.5 to +2.52011: -0.417 approx. -2.5 to +2.52012: -0.387 approx. -2.5 to +2.52013: -0.352 approx. -2.5 to +2.52014: -0.649 approx. -2.5 to +2.52015: -0.618 approx. -2.5 to +2.52016: -0.642 approx. -2.5 to +2.52017: -0.667 approx. -2.5 to +2.52018: -0.725 approx. -2.5 to +2.52019: -0.602 approx. -2.5 to +2.52020: -0.696 approx. -2.5 to +2.52021: -0.629 approx. -2.5 to +2.52022: -0.718 approx. -2.5 to +2.52023: -0.731 approx. -2.5 to +2.52024: -0.919 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

Suriname recorded -0.9187 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.

Compared with earlier readings it is down 25.7% on the previous year and down 41.7% over ten years.

Over the whole period, regulatory quality - governance estimate in Suriname peaked at -0.3518 approx. -2.5 to +2.5 in 2013 and was at its lowest, -1.06 approx. -2.5 to +2.5, in 1996.

That places Suriname 173rd out of 204 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.9863 approx. -2.5 to +2.5 -1.06 approx. -2.5 to +2.5 -0.91 approx. -2.5 to +2.5 2
2000s -0.6626 approx. -2.5 to +2.5 -0.9442 approx. -2.5 to +2.5 -0.4536 approx. -2.5 to +2.5 9
2010s -0.5528 approx. -2.5 to +2.5 -0.7249 approx. -2.5 to +2.5 -0.3518 approx. -2.5 to +2.5 10
2020s -0.7384 approx. -2.5 to +2.5 -0.9187 approx. -2.5 to +2.5 -0.6286 approx. -2.5 to +2.5 5

Countries ranked near Suriname

  1. 170 Solomon Islands -0.8885 approx. -2.5 to +2.5 compare
  2. 171 Sao Tome and Principe -0.8909 approx. -2.5 to +2.5 compare
  3. 172 Guinea -0.8917 approx. -2.5 to +2.5 compare
  4. 174 Bangladesh -0.9501 approx. -2.5 to +2.5 compare
  5. 175 Lebanon -0.9589 approx. -2.5 to +2.5 compare
  6. 176 Nicaragua -0.991 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Suriname

All data for Suriname →

Frequently asked questions

What is regulatory quality - governance estimate in Suriname?
Regulatory quality - governance estimate in Suriname was -0.9187 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 Suriname?
The highest recorded value was -0.3518 approx. -2.5 to +2.5 in 2013.
What is the lowest regulatory quality - governance estimate recorded in Suriname?
The lowest recorded value was -1.06 approx. -2.5 to +2.5 in 1996.
How does Suriname rank for regulatory quality - governance estimate?
Suriname ranks 173rd out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Suriname?
Over the last ten years it is down 41.7%. The long-run trend across the full record is rising.
Where does this Suriname 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.