Regulatory Quality - Standard error of the governance estimate in Armenia

Armenia: Regulatory Quality - Standard error of the governance estimate was 0.2293 in 2024. ▼ Falling

Latest (2024)
0.2293
Change on year
down 0.2%
World rank
47th
of 204 countries
All-time high
0.3384
in 1996
All-time low
0.1866
in 2006
Years of data
26
1996–2024

Regulatory Quality - Standard error of the governance estimate in Armenia, 1996–2024

00.10.20.31996201020241996: 0.3381998: 0.3072000: 0.3072002: 0.2562003: 0.2562004: 0.2442005: 0.2082006: 0.1872007: 0.1872008: 0.1872009: 0.1872010: 0.1872011: 0.1872012: 0.1872013: 0.1872014: 0.1872015: 0.1872016: 0.1872017: 0.1872018: 0.2042019: 0.2172020: 0.222021: 0.222022: 0.222023: 0.232024: 0.229

Source: World Bank.

Analysis

In 2024, regulatory quality - standard error of the governance estimate in Armenia stood at 0.2293.

That represents a change of down 0.2% on the previous year and up 22.8% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Armenia peaked at 0.3384 in 1996 and was at its lowest, 0.1866, in 2006.

Armenia ranks 47th of 204 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3225 0.3066 0.3384 2
2000s 0.2241 0.1866 0.3065 9
2010s 0.1915 0.1866 0.2174 10
2020s 0.224 0.2204 0.2297 5

Countries ranked near Armenia

  1. 45 Malta 0.2323 compare
  2. 46 Libya 0.23 compare
  3. 47 Azerbaijan 0.2293 compare
  4. 49 Syria 0.2292 compare
  5. 50 Belize 0.2254 compare

See the full ranking of 205 places →

More reference data data for Armenia

All data for Armenia →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Armenia?
Regulatory quality - standard error of the governance estimate in Armenia was 0.2293 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Armenia?
The highest recorded value was 0.3384 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Armenia?
The lowest recorded value was 0.1866 in 2006.
How does Armenia rank for regulatory quality - standard error of the governance estimate?
Armenia ranks 47th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Armenia?
Over the last ten years it is up 22.8%. The long-run trend across the full record is falling.
Where does this Armenia data come from?
The figures come from the World Bank, published as part of Regulatory Quality - Standard error of the governance estimate. 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 - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
205 places, 5,169 data points, 1996–2024
Last refreshed