Regulatory Quality - Standard error of the governance estimate in Barbados

Barbados: Regulatory Quality - Standard error of the governance estimate was 0.2453 in 2024. ▼ Falling

Latest (2024)
0.2453
Change on year
unchanged
World rank
36th
of 204 countries
All-time high
0.4124
in 1996
All-time low
0.2453
in 2023
Years of data
26
1996–2024

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

00.10.20.30.41996201020241996: 0.4121998: 0.4122000: 0.4122002: 0.4122003: 0.4122004: 0.3652005: 0.3652006: 0.3322007: 0.3322008: 0.3322009: 0.2662010: 0.2832011: 0.2832012: 0.2832013: 0.2832014: 0.2832015: 0.2462016: 0.2462017: 0.2462018: 0.2462019: 0.2462020: 0.2462021: 0.2462022: 0.2462023: 0.2452024: 0.245

Source: World Bank.

Analysis

The most recent figure for regulatory quality - standard error of the governance estimate in Barbados is 0.2453, measured in 2024. That is the lowest value across all 26 years on record.

The figure is down 13.4% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Barbados peaked at 0.4124 in 1996 and was at its lowest, 0.2453, in 2023.

Barbados ranks 36th 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 0.4124 0.4124 0.4124 2
2000s 0.3588 0.2662 0.4124 9
2010s 0.2645 0.2458 0.2832 10
2020s 0.2456 0.2453 0.2458 5

Countries ranked near Barbados

  1. 35 Turkmenistan 0.2535 compare
  2. 37 Bahamas 0.2432 compare
  3. 38 Equatorial Guinea 0.2421 compare
  4. 39 Switzerland 0.2405 compare

See the full ranking of 205 places →

More reference data data for Barbados

All data for Barbados →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Barbados?
Regulatory quality - standard error of the governance estimate in Barbados was 0.2453 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Barbados?
The highest recorded value was 0.4124 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Barbados?
The lowest recorded value was 0.2453 in 2023.
How does Barbados rank for regulatory quality - standard error of the governance estimate?
Barbados ranks 36th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Barbados?
Over the last ten years it is down 13.4%. The long-run trend across the full record is falling.
Where does this Barbados 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