Regulatory Quality - Governance estimate in Vietnam
Vietnam: Regulatory Quality - Governance estimate was -0.2668 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in Vietnam, 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
Vietnam recorded -0.2668 approx. -2.5 to +2.5 for regulatory quality - governance estimate in 2024.
Compared with earlier readings it is up 4.5% on the previous year and up 45.2% over ten years.
Over the whole period, regulatory quality - governance estimate in Vietnam peaked at -0.2359 approx. -2.5 to +2.5 in 2020 and was at its lowest, -0.8342 approx. -2.5 to +2.5, in 2002.
Vietnam ranks 118th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Regulatory Quality - Governance estimate in Vietnam, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 1996 | -0.8114 approx. -2.5 to +2.5 | — |
| 1998 | -0.78 approx. -2.5 to +2.5 | -3.9% |
| 2000 | -0.6739 approx. -2.5 to +2.5 | -13.6% |
| 2002 | -0.8342 approx. -2.5 to +2.5 | +23.8% |
| 2003 | -0.7384 approx. -2.5 to +2.5 | -11.5% |
| 2004 | -0.5742 approx. -2.5 to +2.5 | -22.2% |
| 2005 | -0.5216 approx. -2.5 to +2.5 | -9.2% |
| 2006 | -0.4929 approx. -2.5 to +2.5 | -5.5% |
| 2007 | -0.4323 approx. -2.5 to +2.5 | -12.3% |
| 2008 | -0.4332 approx. -2.5 to +2.5 | +0.2% |
| 2009 | -0.4938 approx. -2.5 to +2.5 | +14.0% |
| 2010 | -0.543 approx. -2.5 to +2.5 | +9.9% |
| 2011 | -0.492 approx. -2.5 to +2.5 | -9.4% |
| 2012 | -0.6337 approx. -2.5 to +2.5 | +28.8% |
| 2013 | -0.6003 approx. -2.5 to +2.5 | -5.3% |
| 2014 | -0.4871 approx. -2.5 to +2.5 | -18.9% |
| 2015 | -0.329 approx. -2.5 to +2.5 | -32.5% |
| 2016 | -0.3117 approx. -2.5 to +2.5 | -5.2% |
| 2017 | -0.2736 approx. -2.5 to +2.5 | -12.2% |
| 2018 | -0.2921 approx. -2.5 to +2.5 | +6.7% |
| 2019 | -0.278 approx. -2.5 to +2.5 | -4.8% |
| 2020 | -0.2359 approx. -2.5 to +2.5 | -15.2% |
| 2021 | -0.3447 approx. -2.5 to +2.5 | +46.2% |
| 2022 | -0.3472 approx. -2.5 to +2.5 | +0.7% |
| 2023 | -0.2794 approx. -2.5 to +2.5 | -19.5% |
| 2024 | -0.2668 approx. -2.5 to +2.5 | -4.5% |
Vietnam compared with similar countries
- Vietnam's -0.2668 approx. -2.5 to +2.5 is below the median for upper middle income countries, which is -0.1017 approx. -2.5 to +2.5, 2.6× the median. (59 countries reporting)
- Vietnam's -0.2668 approx. -2.5 to +2.5 is below the median for East Asia & Pacific, which is -0.071 approx. -2.5 to +2.5, 3.8× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.7957 approx. -2.5 to +2.5 | -0.8114 approx. -2.5 to +2.5 | -0.78 approx. -2.5 to +2.5 | 2 |
| 2000s | -0.5772 approx. -2.5 to +2.5 | -0.8342 approx. -2.5 to +2.5 | -0.4323 approx. -2.5 to +2.5 | 9 |
| 2010s | -0.424 approx. -2.5 to +2.5 | -0.6337 approx. -2.5 to +2.5 | -0.2736 approx. -2.5 to +2.5 | 10 |
| 2020s | -0.2948 approx. -2.5 to +2.5 | -0.3472 approx. -2.5 to +2.5 | -0.2359 approx. -2.5 to +2.5 | 5 |
Countries ranked near Vietnam
More reference data data for Vietnam
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.68 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.24 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 16.73 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.89 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 16.73 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 12.35 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 18.98 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 23.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 93.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 10.27 (2050)
Frequently asked questions
- What is regulatory quality - governance estimate in Vietnam?
- Regulatory quality - governance estimate in Vietnam was -0.2668 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 Vietnam?
- The highest recorded value was -0.2359 approx. -2.5 to +2.5 in 2020.
- What is the lowest regulatory quality - governance estimate recorded in Vietnam?
- The lowest recorded value was -0.8342 approx. -2.5 to +2.5 in 2002.
- How does Vietnam rank for regulatory quality - governance estimate?
- Vietnam ranks 118th out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in Vietnam?
- Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
- Where does this Vietnam 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
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.