Regulatory Quality - Governance estimate in Venezuela
Venezuela: Regulatory Quality - Governance estimate was -1.9 approx. -2.5 to +2.5 in 2024. ▼ Falling
Regulatory Quality - Governance estimate in Venezuela, 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 Venezuela is -1.9 approx. -2.5 to +2.5, measured in 2024.
That represents a change of down 0.8% on the previous year and down 11.6% over ten years.
Over the whole period, regulatory quality - governance estimate in Venezuela peaked at -0.6514 approx. -2.5 to +2.5 in 2000 and was at its lowest, -2.17 approx. -2.5 to +2.5, in 2019.
Venezuela ranks 201st of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7234 approx. -2.5 to +2.5 | -0.7606 approx. -2.5 to +2.5 | -0.6862 approx. -2.5 to +2.5 | 2 |
| 2000s | -1.14 approx. -2.5 to +2.5 | -1.47 approx. -2.5 to +2.5 | -0.6514 approx. -2.5 to +2.5 | 9 |
| 2010s | -1.72 approx. -2.5 to +2.5 | -2.17 approx. -2.5 to +2.5 | -1.35 approx. -2.5 to +2.5 | 10 |
| 2020s | -1.99 approx. -2.5 to +2.5 | -2.17 approx. -2.5 to +2.5 | -1.89 approx. -2.5 to +2.5 | 5 |
Countries ranked near Venezuela
More reference data data for Venezuela
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 6.85 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.29 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2667 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.49 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.91 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 38.02 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 53.46 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.45 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Venezuela?
- Regulatory quality - governance estimate in Venezuela was -1.9 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 Venezuela?
- The highest recorded value was -0.6514 approx. -2.5 to +2.5 in 2000.
- What is the lowest regulatory quality - governance estimate recorded in Venezuela?
- The lowest recorded value was -2.17 approx. -2.5 to +2.5 in 2019.
- How does Venezuela rank for regulatory quality - governance estimate?
- Venezuela ranks 201st out of 204 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Venezuela?
- Over the last ten years it is down 11.6%. 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.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.