Regulatory Quality - Standard error of the governance estimate in Australia

Australia: Regulatory Quality - Standard error of the governance estimate was 0.2163 in 2024. ▼ Falling

Latest (2024)
0.2163
Change on year
unchanged
World rank
58th
of 204 countries
All-time high
0.2405
in 1996
All-time low
0.2163
in 2011
Years of data
26
1996–2024

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

00.050.10.150.20.251996201020241996: 0.2411998: 0.2412000: 0.2412002: 0.2412003: 0.2412004: 0.2412005: 0.2412006: 0.2412007: 0.2412008: 0.2412009: 0.2412010: 0.2412011: 0.2162012: 0.2162013: 0.2162014: 0.2162015: 0.2162016: 0.2162017: 0.2162018: 0.2162019: 0.2162020: 0.2162021: 0.2162022: 0.2162023: 0.2162024: 0.216

Source: World Bank.

Analysis

In 2024, regulatory quality - standard error of the governance estimate in Australia stood at 0.2163. That is the lowest value across all 26 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Australia peaked at 0.2405 in 1996 and was at its lowest, 0.2163, in 2011.

Australia ranks 58th 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 0.2405 0.2405 0.2405 2
2000s 0.2405 0.2405 0.2405 9
2010s 0.2188 0.2163 0.2405 10
2020s 0.2163 0.2163 0.2163 5

Countries ranked near Australia

  1. 58 Denmark 0.2163 compare
  2. 58 Finland 0.2163 compare
  3. 58 Japan 0.2163 compare
  4. 58 Luxembourg 0.2163 compare
  5. 58 Netherlands 0.2163 compare
  6. 58 Norway 0.2163 compare

See the full ranking of 205 places →

More reference data data for Australia

All data for Australia →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Australia?
Regulatory quality - standard error of the governance estimate in Australia was 0.2163 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Australia?
The highest recorded value was 0.2405 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Australia?
The lowest recorded value was 0.2163 in 2011.
How does Australia rank for regulatory quality - standard error of the governance estimate?
Australia ranks 58th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Australia?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Australia 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