Regulatory Quality - Standard error of the governance estimate in Georgia

Georgia: Regulatory Quality - Standard error of the governance estimate was 0.2172 in 2024. ▼ Falling

Latest (2024)
0.2172
Change on year
unchanged
World rank
54th
of 204 countries
All-time high
0.3384
in 1996
All-time low
0.1799
in 2012
Years of data
26
1996–2024

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

00.10.20.31996201020241996: 0.3381998: 0.3382000: 0.3382002: 0.2742003: 0.2742004: 0.2462005: 0.2172006: 0.1952007: 0.1932008: 0.1932009: 0.1932010: 0.1932011: 0.1932012: 0.182013: 0.182014: 0.182015: 0.182016: 0.182017: 0.182018: 0.1952019: 0.2072020: 0.212021: 0.212022: 0.212023: 0.2172024: 0.217

Source: World Bank.

Analysis

The most recent figure for regulatory quality - standard error of the governance estimate in Georgia is 0.2172, measured in 2024.

The figure is up 20.7% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Georgia peaked at 0.3384 in 1996 and was at its lowest, 0.1799, in 2012.

That places Georgia 54th out of 204 countries with data for 2024, putting it 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 0.3384 0.3384 0.3384 2
2000s 0.236 0.1932 0.3383 9
2010s 0.1868 0.1799 0.207 10
2020s 0.2126 0.2096 0.2172 5

Countries ranked near Georgia

  1. 51 Hong Kong 0.2247 compare
  2. 52 Cape Verde 0.2216 compare
  3. 53 East Timor 0.2192 compare
  4. 54 Bosnia and Herzegovina 0.2172 compare
  5. 54 Montenegro 0.2172 compare
  6. 54 North Macedonia 0.2172 compare

See the full ranking of 205 places →

More reference data data for Georgia

All data for Georgia →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Georgia?
Regulatory quality - standard error of the governance estimate in Georgia was 0.2172 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Georgia?
The highest recorded value was 0.3384 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Georgia?
The lowest recorded value was 0.1799 in 2012.
How does Georgia rank for regulatory quality - standard error of the governance estimate?
Georgia ranks 54th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Georgia?
Over the last ten years it is up 20.7%. The long-run trend across the full record is falling.
Where does this Georgia 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