Regulatory Quality - Standard error of the governance estimate in Marshall Islands

Marshall Islands: Regulatory Quality - Standard error of the governance estimate was 0.3243 in 2024. ▼ Falling

Latest (2024)
0.3243
Change on year
unchanged
World rank
17th
of 204 countries
All-time high
0.8188
in 2005
All-time low
0.3243
in 2015
Years of data
20
2005–2024

Regulatory Quality - Standard error of the governance estimate in Marshall Islands, 2005–2024

00.20.40.60.82005201420242005: 0.8192006: 0.8192007: 0.8192008: 0.8192009: 0.5652010: 0.5652011: 0.3582012: 0.3582013: 0.3582014: 0.3582015: 0.3242016: 0.3242017: 0.3242018: 0.3242019: 0.3242020: 0.3242021: 0.3242022: 0.3242023: 0.3242024: 0.324

Source: World Bank.

Analysis

Marshall Islands recorded 0.3243 for regulatory quality - standard error of the governance estimate in 2024. That is the lowest value across all 20 years on record.

Compared with earlier readings it is down 9.3% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Marshall Islands peaked at 0.8188 in 2005 and was at its lowest, 0.3243, in 2015.

Marshall Islands ranks 17th of 204 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7681 0.5653 0.8188 5
2010s 0.3618 0.3243 0.5653 10
2020s 0.3243 0.3243 0.3243 5

Countries ranked near Marshall Islands

  1. 16 Palestine 0.3269 compare
  2. 17 Tuvalu 0.3243 compare
  3. 19 Liechtenstein 0.3027 compare
  4. 20 Fiji 0.2997 compare
  5. 20 Kiribati 0.2997 compare
  6. 20 Maldives 0.2997 compare
  7. 20 Micronesia (country) 0.2997 compare

See the full ranking of 205 places →

More reference data data for Marshall Islands

All data for Marshall Islands →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Marshall Islands?
Regulatory quality - standard error of the governance estimate in Marshall Islands was 0.3243 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Marshall Islands?
The highest recorded value was 0.8188 in 2005.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Marshall Islands?
The lowest recorded value was 0.3243 in 2015.
How does Marshall Islands rank for regulatory quality - standard error of the governance estimate?
Marshall Islands ranks 17th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Marshall Islands?
Over the last ten years it is down 9.3%. The long-run trend across the full record is falling.
Where does this Marshall Islands 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 — 20 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