Regulatory Quality - Governance score in Trinidad and Tobago

Trinidad and Tobago: Regulatory Quality - Governance score was 51.6 0-100 in 2024. ▼ Falling

Latest (2024)
51.6 0-100
Change on year
down 1.3%
World rank
111th
of 204 countries
All-time high
66.6 0-100
in 2003
All-time low
51.6 0-100
in 2024
Years of data
26
1996–2024

Regulatory Quality - Governance score in Trinidad and Tobago, 1996–2024

02040601996201020241996: 59.2 0-1001998: 63.3 0-1002000: 63.8 0-1002002: 65.9 0-1002003: 66.6 0-1002004: 64.8 0-1002005: 65.2 0-1002006: 63.5 0-1002007: 64.6 0-1002008: 64.2 0-1002009: 63.2 0-1002010: 63.4 0-1002011: 63.1 0-1002012: 61.6 0-1002013: 61.3 0-1002014: 57 0-1002015: 55.6 0-1002016: 55.1 0-1002017: 55 0-1002018: 53.8 0-1002019: 53.2 0-1002020: 52.8 0-1002021: 54 0-1002022: 53.6 0-1002023: 52.3 0-1002024: 51.6 0-100

Source: The Worldwide Governance Indicators: Revised Methodology for Measuring Governance Using Perception Data., World Bank Group (WBG). Measured in 0-100.

Analysis

In 2024, regulatory quality - governance score in Trinidad and Tobago stood at 51.6 0-100. That is the lowest value across all 26 years on record.

That represents a change of down 1.3% on the previous year and down 9.4% over ten years.

Over the whole period, regulatory quality - governance score in Trinidad and Tobago peaked at 66.6 0-100 in 2003 and was at its lowest, 51.6 0-100, in 2024.

Trinidad and Tobago ranks 111th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 61.28 0-100 59.25 0-100 63.31 0-100 2
2000s 64.64 0-100 63.21 0-100 66.6 0-100 9
2010s 57.9 0-100 53.19 0-100 63.37 0-100 10
2020s 52.86 0-100 51.6 0-100 54 0-100 5

Countries ranked near Trinidad and Tobago

  1. 108 El Salvador 52.08 0-100 compare
  2. 109 Tonga 51.8 0-100 compare
  3. 110 Mexico 51.77 0-100 compare
  4. 112 Turkey 51.53 0-100 compare
  5. 114 Argentina 51.16 0-100 compare

See the full ranking of 204 places →

More reference data data for Trinidad and Tobago

All data for Trinidad and Tobago →

Frequently asked questions

What is regulatory quality - governance score in Trinidad and Tobago?
Regulatory quality - governance score in Trinidad and Tobago was 51.6 0-100 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 score recorded in Trinidad and Tobago?
The highest recorded value was 66.6 0-100 in 2003.
What is the lowest regulatory quality - governance score recorded in Trinidad and Tobago?
The lowest recorded value was 51.6 0-100 in 2024.
How does Trinidad and Tobago rank for regulatory quality - governance score?
Trinidad and Tobago ranks 111th out of 204 countries with data for 2024.
Is regulatory quality - governance score rising or falling in Trinidad and Tobago?
Over the last ten years it is down 9.4%. The long-run trend across the full record is falling.
Where does this Trinidad and Tobago 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 score (0-100). 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

Indicator
Regulatory Quality - Governance score (0-100)
Unit
0-100
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 score is a linear transformation of the governance estimate using hypothetical worst-case and base-case countries. It is an absolute score ranging from 0-100. Larger values correspond to better governance. The (country-series-time) metadata include the (a) number of sources, and (b) confidence intervals (lower and upper bound). The number of sources indicates the number of underlying data sources on which the governance score (respectively the underlying governance estimate) is based. The confidence intervals include the lower and upper bound of the 90% confidence interval for the governance score. Confidence intervals are a statistical range of values that likely contain the true value (of what is being estimated).