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

Latest (2024)
1.1 approx. -2.5 to +2.5
Change on year
up 0.1%
World rank
30th
of 204 countries
All-time high
1.29 approx. -2.5 to +2.5
in 2005
All-time low
0.6189 approx. -2.5 to +2.5
in 2014
Years of data
21
2004–2024

Regulatory Quality - Governance estimate in United States Virgin Islands, 2004–2024

00.511.52004201420242004: 0.758 approx. -2.5 to +2.52005: 1.3 approx. -2.5 to +2.52006: 0.931 approx. -2.5 to +2.52007: 0.938 approx. -2.5 to +2.52008: 0.935 approx. -2.5 to +2.52009: 0.931 approx. -2.5 to +2.52010: 0.931 approx. -2.5 to +2.52011: 0.932 approx. -2.5 to +2.52012: 0.92 approx. -2.5 to +2.52013: 0.919 approx. -2.5 to +2.52014: 0.619 approx. -2.5 to +2.52015: 0.63 approx. -2.5 to +2.52016: 0.869 approx. -2.5 to +2.52017: 0.872 approx. -2.5 to +2.52018: 0.873 approx. -2.5 to +2.52019: 1.1 approx. -2.5 to +2.52020: 1.1 approx. -2.5 to +2.52021: 1.1 approx. -2.5 to +2.52022: 1.1 approx. -2.5 to +2.52023: 1.1 approx. -2.5 to +2.52024: 1.1 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 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 204 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest 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

  1. 27 France 1.15 approx. -2.5 to +2.5 compare
  2. 28 United Arab Emirates 1.13 approx. -2.5 to +2.5 compare
  3. 29 Israel 1.11 approx. -2.5 to +2.5 compare
  4. 30 Monaco 1.1 approx. -2.5 to +2.5 compare
  5. 32 Latvia 1.1 approx. -2.5 to +2.5 compare
  6. 33 Cayman Islands 1.07 approx. -2.5 to +2.5 compare

See the full ranking of 204 places →

More reference data data for United States Virgin Islands

All data for United States Virgin Islands →

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 204 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.

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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.