Regulatory Quality - Governance estimate in Tuvalu

Tuvalu: Regulatory Quality - Governance estimate was -0.4022 approx. -2.5 to +2.5 in 2024. ▲ Rising

Latest (2024)
-0.4022 approx. -2.5 to +2.5
Change on year
up 39.7%
World rank
127th
of 204 countries
All-time high
-0.2448 approx. -2.5 to +2.5
in 2005
All-time low
-1.08 approx. -2.5 to +2.5
in 2013
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in Tuvalu, 2004–2024

-1-0.8-0.6-0.4-0.22004201420242004: -0.333 approx. -2.5 to +2.52005: -0.245 approx. -2.5 to +2.52006: -0.561 approx. -2.5 to +2.52007: -0.641 approx. -2.5 to +2.52008: -0.956 approx. -2.5 to +2.52009: -0.832 approx. -2.5 to +2.52010: -0.875 approx. -2.5 to +2.52011: -0.874 approx. -2.5 to +2.52012: -1.1 approx. -2.5 to +2.52013: -1.1 approx. -2.5 to +2.52014: -0.714 approx. -2.5 to +2.52015: -0.616 approx. -2.5 to +2.52016: -0.593 approx. -2.5 to +2.52017: -0.698 approx. -2.5 to +2.52018: -0.591 approx. -2.5 to +2.52019: -0.59 approx. -2.5 to +2.52020: -0.685 approx. -2.5 to +2.52021: -0.593 approx. -2.5 to +2.52022: -0.574 approx. -2.5 to +2.52023: -0.667 approx. -2.5 to +2.52024: -0.402 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 Tuvalu stood at -0.4022 approx. -2.5 to +2.5.

That represents a change of up 39.7% on the previous year and up 43.6% over ten years.

Over the whole period, regulatory quality - governance estimate in Tuvalu peaked at -0.2448 approx. -2.5 to +2.5 in 2005 and was at its lowest, -1.08 approx. -2.5 to +2.5, in 2013.

Tuvalu ranks 127th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.5947 approx. -2.5 to +2.5 -0.9565 approx. -2.5 to +2.5 -0.2448 approx. -2.5 to +2.5 6
2010s -0.7691 approx. -2.5 to +2.5 -1.08 approx. -2.5 to +2.5 -0.5898 approx. -2.5 to +2.5 10
2020s -0.5841 approx. -2.5 to +2.5 -0.685 approx. -2.5 to +2.5 -0.4022 approx. -2.5 to +2.5 5

Countries ranked near Tuvalu

  1. 124 Kenya -0.3336 approx. -2.5 to +2.5 compare
  2. 125 Bosnia and Herzegovina -0.3498 approx. -2.5 to +2.5 compare
  3. 126 Tunisia -0.3901 approx. -2.5 to +2.5 compare
  4. 128 Togo -0.4081 approx. -2.5 to +2.5 compare
  5. 129 Zambia -0.4207 approx. -2.5 to +2.5 compare
  6. 130 Guyana -0.4475 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for Tuvalu

All data for Tuvalu →

Frequently asked questions

What is regulatory quality - governance estimate in Tuvalu?
Regulatory quality - governance estimate in Tuvalu was -0.4022 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 Tuvalu?
The highest recorded value was -0.2448 approx. -2.5 to +2.5 in 2005.
What is the lowest regulatory quality - governance estimate recorded in Tuvalu?
The lowest recorded value was -1.08 approx. -2.5 to +2.5 in 2013.
How does Tuvalu rank for regulatory quality - governance estimate?
Tuvalu ranks 127th out of 204 countries with data for 2024.
Is regulatory quality - governance estimate rising or falling in Tuvalu?
Over the last ten years it is up 43.6%. The long-run trend across the full record is rising.
Where does this Tuvalu 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.