Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Venezuela

Venezuela: Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) was -1.99 approx. -2.5 to +2.5 in 2025. ▼ Falling

Latest (2025)
-1.99 approx. -2.5 to +2.5
Change on year
down 4.3%
World rank
204th
of 206 countries
All-time high
-0.6207 approx. -2.5 to +2.5
in 2000
All-time low
-2.12 approx. -2.5 to +2.5
in 2019
Years of data
27
1996–2025

Regulatory Quality - Governance estimate in Venezuela, 1996–2025

-2-1.5-1-0.51996201020251996: -0.677 approx. -2.5 to +2.51998: -0.757 approx. -2.5 to +2.52000: -0.621 approx. -2.5 to +2.52002: -0.691 approx. -2.5 to +2.52003: -1.1 approx. -2.5 to +2.52004: -1.1 approx. -2.5 to +2.52005: -1.1 approx. -2.5 to +2.52006: -1.2 approx. -2.5 to +2.52007: -1.4 approx. -2.5 to +2.52008: -1.4 approx. -2.5 to +2.52009: -1.4 approx. -2.5 to +2.52010: -1.5 approx. -2.5 to +2.52011: -1.3 approx. -2.5 to +2.52012: -1.4 approx. -2.5 to +2.52013: -1.5 approx. -2.5 to +2.52014: -1.7 approx. -2.5 to +2.52015: -1.7 approx. -2.5 to +2.52016: -1.7 approx. -2.5 to +2.52017: -1.8 approx. -2.5 to +2.52018: -2.1 approx. -2.5 to +2.52019: -2.1 approx. -2.5 to +2.52020: -2.1 approx. -2.5 to +2.52021: -2 approx. -2.5 to +2.52022: -1.9 approx. -2.5 to +2.52023: -1.9 approx. -2.5 to +2.52024: -1.9 approx. -2.5 to +2.52025: -2 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

The most recent figure for regulatory quality - governance estimate in Venezuela is -1.99 approx. -2.5 to +2.5, measured in 2025.

That represents a change of down 4.3% on the previous year and down 20.0% over ten years.

Over the whole period, regulatory quality - governance estimate in Venezuela peaked at -0.6207 approx. -2.5 to +2.5 in 2000 and was at its lowest, -2.12 approx. -2.5 to +2.5, in 2019.

Venezuela ranks 204th of 206 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 27 years of available data.

Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Venezuela, year by year

Annual values for Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Venezuela, 1996 to 2025.
Year approx. -2.5 to +2.5 Change
1996 -0.6765 approx. -2.5 to +2.5 —
1998 -0.7574 approx. -2.5 to +2.5 +12.0%
2000 -0.6207 approx. -2.5 to +2.5 -18.1%
2002 -0.691 approx. -2.5 to +2.5 +11.3%
2003 -1.11 approx. -2.5 to +2.5 +61.2%
2004 -1.1 approx. -2.5 to +2.5 -0.9%
2005 -1.09 approx. -2.5 to +2.5 -1.1%
2006 -1.19 approx. -2.5 to +2.5 +9.1%
2007 -1.4 approx. -2.5 to +2.5 +17.3%
2008 -1.45 approx. -2.5 to +2.5 +3.6%
2009 -1.43 approx. -2.5 to +2.5 -1.2%
2010 -1.5 approx. -2.5 to +2.5 +5.2%
2011 -1.35 approx. -2.5 to +2.5 -10.3%
2012 -1.44 approx. -2.5 to +2.5 +6.7%
2013 -1.49 approx. -2.5 to +2.5 +3.3%
2014 -1.66 approx. -2.5 to +2.5 +11.4%
2015 -1.65 approx. -2.5 to +2.5 -0.1%
2016 -1.73 approx. -2.5 to +2.5 +4.3%
2017 -1.78 approx. -2.5 to +2.5 +3.3%
2018 -2.1 approx. -2.5 to +2.5 +17.6%
2019 -2.12 approx. -2.5 to +2.5 +1.0%
2020 -2.1 approx. -2.5 to +2.5 -0.7%
2021 -2.03 approx. -2.5 to +2.5 -3.6%
2022 -1.88 approx. -2.5 to +2.5 -7.6%
2023 -1.87 approx. -2.5 to +2.5 -0.1%
2024 -1.9 approx. -2.5 to +2.5 +1.6%
2025 -1.99 approx. -2.5 to +2.5 +4.3%

Venezuela compared with similar countries

  • Venezuela's -1.99 approx. -2.5 to +2.5 is below the median for lower middle income countries, which is -0.6455 approx. -2.5 to +2.5, 3.1× the median. (47 countries reporting)
  • Venezuela's -1.99 approx. -2.5 to +2.5 is below the median for Latin America & Caribbean, which is -0.0884 approx. -2.5 to +2.5, 22.5× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Regulatory Quality - Governance estimate (approx. -2.5 to +2.5) in Venezuela 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.

YearChange FromTo
2003 -61.2% -0.691 approx. -2.5 to +2.5 -1.11 approx. -2.5 to +2.5

Averages by decade

DecadeAverage LowestHighest Years
1990s -0.717 approx. -2.5 to +2.5 -0.7574 approx. -2.5 to +2.5 -0.6765 approx. -2.5 to +2.5 2
2000s -1.12 approx. -2.5 to +2.5 -1.45 approx. -2.5 to +2.5 -0.6207 approx. -2.5 to +2.5 9
2010s -1.68 approx. -2.5 to +2.5 -2.12 approx. -2.5 to +2.5 -1.35 approx. -2.5 to +2.5 10
2020s -1.96 approx. -2.5 to +2.5 -2.1 approx. -2.5 to +2.5 -1.87 approx. -2.5 to +2.5 6

Countries ranked near Venezuela

  1. 201 Syria -1.81 approx. -2.5 to +2.5 compare
  2. 202 Turkmenistan -1.88 approx. -2.5 to +2.5 compare
  3. 203 South Sudan -1.92 approx. -2.5 to +2.5 compare
  4. 205 North Korea -1.99 approx. -2.5 to +2.5 compare
  5. 206 Eritrea -2.11 approx. -2.5 to +2.5 compare

See the full ranking of 206 places →

More reference data data for Venezuela

All data for Venezuela →

Frequently asked questions

What is regulatory quality - governance estimate in Venezuela?
Regulatory quality - governance estimate in Venezuela was -1.99 approx. -2.5 to +2.5 in 2025, 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 Venezuela?
The highest recorded value was -0.6207 approx. -2.5 to +2.5 in 2000.
What is the lowest regulatory quality - governance estimate recorded in Venezuela?
The lowest recorded value was -2.12 approx. -2.5 to +2.5 in 2019.
How does Venezuela rank for regulatory quality - governance estimate?
Venezuela ranks 204th out of 206 countries with data for 2025.
Is regulatory quality - governance estimate rising or falling in Venezuela?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this Venezuela 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 Venezuela. Statizoid, drawing on The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Retrieved 13 November 2026, from https://reference.statizoid.com/stat/regulatory-quality-governance-estimate-approx-2-5-to-2-5/venezuela-rb/

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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
206 places, 5,391 data points, 1996–2025
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.