Regulatory Quality - Governance score in Venezuela
Venezuela: Regulatory Quality - Governance score was 24.85 0-100 in 2024. ▼ Falling
Regulatory Quality - Governance score in Venezuela, 1996–2024
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 Venezuela stood at 24.85 0-100.
Compared with earlier readings it is down 1.0% on the previous year and down 11.1% over ten years.
Over the whole period, regulatory quality - governance score in Venezuela peaked at 44.59 0-100 in 2000 and was at its lowest, 20.6 0-100, in 2019.
Venezuela ranks 202nd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Regulatory Quality - Governance score in Venezuela, year by year
| Year | 0-100 | Change |
|---|---|---|
| 1996 | 44.04 0-100 | — |
| 1998 | 42.87 0-100 | -2.7% |
| 2000 | 44.59 0-100 | +4.0% |
| 2002 | 43.42 0-100 | -2.6% |
| 2003 | 36.89 0-100 | -15.1% |
| 2004 | 37.43 0-100 | +1.5% |
| 2005 | 37.48 0-100 | +0.1% |
| 2006 | 35.75 0-100 | -4.6% |
| 2007 | 32.52 0-100 | -9.0% |
| 2008 | 31.75 0-100 | -2.4% |
| 2009 | 32.08 0-100 | +1.0% |
| 2010 | 30.47 0-100 | -5.0% |
| 2011 | 33.61 0-100 | +10.3% |
| 2012 | 31.68 0-100 | -5.8% |
| 2013 | 30.98 0-100 | -2.2% |
| 2014 | 27.96 0-100 | -9.8% |
| 2015 | 28.07 0-100 | +0.4% |
| 2016 | 27.03 0-100 | -3.7% |
| 2017 | 25.99 0-100 | -3.8% |
| 2018 | 21.01 0-100 | -19.2% |
| 2019 | 20.6 0-100 | -2.0% |
| 2020 | 20.66 0-100 | +0.3% |
| 2021 | 21.97 0-100 | +6.3% |
| 2022 | 24.51 0-100 | +11.6% |
| 2023 | 25.09 0-100 | +2.4% |
| 2024 | 24.85 0-100 | -1.0% |
Venezuela compared with similar countries
- Venezuela's 24.85 0-100 is below the median for lower middle income countries, which is 44.91 0-100, 55% of the median. (47 countries reporting)
- Venezuela's 24.85 0-100 is below the median for Latin America & Caribbean, which is 53.7 0-100, 46% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 43.45 0-100 | 42.87 0-100 | 44.04 0-100 | 2 |
| 2000s | 36.88 0-100 | 31.75 0-100 | 44.59 0-100 | 9 |
| 2010s | 27.74 0-100 | 20.6 0-100 | 33.61 0-100 | 10 |
| 2020s | 23.41 0-100 | 20.66 0-100 | 25.09 0-100 | 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 score in Venezuela?
- Regulatory quality - governance score in Venezuela was 24.85 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 Venezuela?
- The highest recorded value was 44.59 0-100 in 2000.
- What is the lowest regulatory quality - governance score recorded in Venezuela?
- The lowest recorded value was 20.6 0-100 in 2019.
- How does Venezuela rank for regulatory quality - governance score?
- Venezuela ranks 202nd out of 205 countries with data for 2024.
- Is regulatory quality - governance score rising or falling in Venezuela?
- Over the last ten years it is down 11.1%. 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 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
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).