Regulatory Quality - Governance estimate in United States Virgin Islands
United States Virgin Islands: Regulatory Quality - Governance estimate was 1.1 approx. -2.5 to +2.5 in 2024. ▲ Rising
Regulatory Quality - Governance estimate in United States Virgin Islands, 2004–2024
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 United States Virgin Islands is 1.1 approx. -2.5 to +2.5, measured in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 78.1% over ten years.
Over the whole period, regulatory quality - governance estimate in United States Virgin Islands peaked at 1.29 approx. -2.5 to +2.5 in 2005 and was at its lowest, 0.6189 approx. -2.5 to +2.5, in 2014.
United States Virgin Islands ranks 30th of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Regulatory Quality - Governance estimate in United States Virgin Islands, year by year
| Year | approx. -2.5 to +2.5 | Change |
|---|---|---|
| 2004 | 0.7577 approx. -2.5 to +2.5 | — |
| 2005 | 1.29 approx. -2.5 to +2.5 | +70.3% |
| 2006 | 0.9312 approx. -2.5 to +2.5 | -27.8% |
| 2007 | 0.9378 approx. -2.5 to +2.5 | +0.7% |
| 2008 | 0.9349 approx. -2.5 to +2.5 | -0.3% |
| 2009 | 0.931 approx. -2.5 to +2.5 | -0.4% |
| 2010 | 0.9312 approx. -2.5 to +2.5 | +0.0% |
| 2011 | 0.9322 approx. -2.5 to +2.5 | +0.1% |
| 2012 | 0.9205 approx. -2.5 to +2.5 | -1.3% |
| 2013 | 0.9188 approx. -2.5 to +2.5 | -0.2% |
| 2014 | 0.6189 approx. -2.5 to +2.5 | -32.6% |
| 2015 | 0.63 approx. -2.5 to +2.5 | +1.8% |
| 2016 | 0.8693 approx. -2.5 to +2.5 | +38.0% |
| 2017 | 0.8721 approx. -2.5 to +2.5 | +0.3% |
| 2018 | 0.8732 approx. -2.5 to +2.5 | +0.1% |
| 2019 | 1.11 approx. -2.5 to +2.5 | +27.5% |
| 2020 | 1.11 approx. -2.5 to +2.5 | -0.5% |
| 2021 | 1.11 approx. -2.5 to +2.5 | -0.2% |
| 2022 | 1.1 approx. -2.5 to +2.5 | -0.5% |
| 2023 | 1.1 approx. -2.5 to +2.5 | +0.1% |
| 2024 | 1.1 approx. -2.5 to +2.5 | +0.1% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 1.1 approx. -2.5 to +2.5 is above the median for high income countries, which is 0.9502 approx. -2.5 to +2.5, 1.2× the median. (73 countries reporting)
- United States Virgin Islands's 1.1 approx. -2.5 to +2.5 is above the median for Latin America & Caribbean, which is -0.0738 approx. -2.5 to +2.5. (37 countries reporting)
Biggest year-on-year movements
Years where Regulatory Quality - Governance estimate in United States Virgin Islands 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.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +70.3% | 0.7577 approx. -2.5 to +2.5 | 1.29 approx. -2.5 to +2.5 |
| 2016 | +38.0% | 0.63 approx. -2.5 to +2.5 | 0.8693 approx. -2.5 to +2.5 |
| 2014 | -32.6% | 0.9188 approx. -2.5 to +2.5 | 0.6189 approx. -2.5 to +2.5 |
| 2006 | -27.8% | 1.29 approx. -2.5 to +2.5 | 0.9312 approx. -2.5 to +2.5 |
| 2019 | +27.5% | 0.8732 approx. -2.5 to +2.5 | 1.11 approx. -2.5 to +2.5 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9638 approx. -2.5 to +2.5 | 0.7577 approx. -2.5 to +2.5 | 1.29 approx. -2.5 to +2.5 | 6 |
| 2010s | 0.8679 approx. -2.5 to +2.5 | 0.6189 approx. -2.5 to +2.5 | 1.11 approx. -2.5 to +2.5 | 10 |
| 2020s | 1.1 approx. -2.5 to +2.5 | 1.1 approx. -2.5 to +2.5 | 1.11 approx. -2.5 to +2.5 | 5 |
Countries ranked near United States Virgin Islands
More reference data data for United States Virgin Islands
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (1992)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0 (1992)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 0 (1992)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop 0 (1992)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0 (1992)
Frequently asked questions
- What is regulatory quality - governance estimate in United States Virgin Islands?
- Regulatory quality - governance estimate in United States Virgin Islands was 1.1 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 United States Virgin Islands?
- The highest recorded value was 1.29 approx. -2.5 to +2.5 in 2005.
- What is the lowest regulatory quality - governance estimate recorded in United States Virgin Islands?
- The lowest recorded value was 0.6189 approx. -2.5 to +2.5 in 2014.
- How does United States Virgin Islands rank for regulatory quality - governance estimate?
- United States Virgin Islands ranks 30th out of 205 countries with data for 2024.
- Is regulatory quality - governance estimate rising or falling in United States Virgin Islands?
- Over the last ten years it is up 78.1%. The long-run trend across the full record is rising.
- Where does this United States Virgin Islands 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
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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.