Regulatory Quality - Governance estimate in Trinidad and Tobago

Trinidad and Tobago: Regulatory Quality - Governance estimate was -0.2066 approx. -2.5 to +2.5 in 2024. ◆ Volatile

Latest (2024)
-0.2066 approx. -2.5 to +2.5
Change on year
down 25.1%
World rank
111th
of 204 countries
All-time high
0.744 approx. -2.5 to +2.5
in 2003
All-time low
-0.2066 approx. -2.5 to +2.5
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance estimate in Trinidad and Tobago, 1996–2024

-0.200.20.40.60.81996201020241996: 0.278 approx. -2.5 to +2.51998: 0.535 approx. -2.5 to +2.52000: 0.566 approx. -2.5 to +2.52002: 0.699 approx. -2.5 to +2.52003: 0.744 approx. -2.5 to +2.52004: 0.629 approx. -2.5 to +2.52005: 0.658 approx. -2.5 to +2.52006: 0.545 approx. -2.5 to +2.52007: 0.617 approx. -2.5 to +2.52008: 0.59 approx. -2.5 to +2.52009: 0.529 approx. -2.5 to +2.52010: 0.539 approx. -2.5 to +2.52011: 0.521 approx. -2.5 to +2.52012: 0.427 approx. -2.5 to +2.52013: 0.405 approx. -2.5 to +2.52014: 0.134 approx. -2.5 to +2.52015: 0.046 approx. -2.5 to +2.52016: 0.014 approx. -2.5 to +2.52017: 0.012 approx. -2.5 to +2.52018: -0.065 approx. -2.5 to +2.52019: -0.106 approx. -2.5 to +2.52020: -0.129 approx. -2.5 to +2.52021: -0.055 approx. -2.5 to +2.52022: -0.078 approx. -2.5 to +2.52023: -0.165 approx. -2.5 to +2.52024: -0.207 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 Trinidad and Tobago stood at -0.2066 approx. -2.5 to +2.5. That is the lowest value across all 26 years on record.

The figure is down 25.1% on the previous year and down 253.8% over ten years.

Over the whole period, regulatory quality - governance estimate in Trinidad and Tobago peaked at 0.744 approx. -2.5 to +2.5 in 2003 and was at its lowest, -0.2066 approx. -2.5 to +2.5, in 2024.

Trinidad and Tobago ranks 111th 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 0.4067 approx. -2.5 to +2.5 0.2779 approx. -2.5 to +2.5 0.5355 approx. -2.5 to +2.5 2
2000s 0.6197 approx. -2.5 to +2.5 0.529 approx. -2.5 to +2.5 0.744 approx. -2.5 to +2.5 9
2010s 0.1928 approx. -2.5 to +2.5 -0.1062 approx. -2.5 to +2.5 0.5391 approx. -2.5 to +2.5 10
2020s -0.1267 approx. -2.5 to +2.5 -0.2066 approx. -2.5 to +2.5 -0.0548 approx. -2.5 to +2.5 5

Countries ranked near Trinidad and Tobago

  1. 108 El Salvador -0.1762 approx. -2.5 to +2.5 compare
  2. 109 Tonga -0.1945 approx. -2.5 to +2.5 compare
  3. 110 Mexico -0.1958 approx. -2.5 to +2.5 compare
  4. 112 Türkiye -0.2112 approx. -2.5 to +2.5 compare
  5. 113 Kosovo -0.2229 approx. -2.5 to +2.5 compare
  6. 114 Argentina -0.235 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is regulatory quality - governance estimate in Trinidad and Tobago?
Regulatory quality - governance estimate in Trinidad and Tobago was -0.2066 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 Trinidad and Tobago?
The highest recorded value was 0.744 approx. -2.5 to +2.5 in 2003.
What is the lowest regulatory quality - governance estimate recorded in Trinidad and Tobago?
The lowest recorded value was -0.2066 approx. -2.5 to +2.5 in 2024.
How does Trinidad and Tobago rank for regulatory quality - governance estimate?
Trinidad and Tobago ranks 111th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Trinidad and Tobago?
Over the last ten years it is down 253.8%. The long-run trend across the full record is volatile.
Where does this Trinidad and Tobago 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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Regulatory Quality - Governance estimate in Trinidad and Tobago. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 20 August 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/trinidad-and-tobago/

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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.