Regulatory Quality - Standard error of the governance estimate in Micronesia (country)

Micronesia (country): Regulatory Quality - Standard error of the governance estimate was 0.2997 in 2024. ▼ Falling

Latest (2024)
0.2997
Change on year
unchanged
World rank
20th
of 204 countries
All-time high
0.4849
in 2004
All-time low
0.2997
in 2011
Years of data
21
2004–2024

Regulatory Quality - Standard error of the governance estimate in Micronesia (country), 2004–2024

00.10.20.30.40.52004201420242004: 0.4852005: 0.4552006: 0.4552007: 0.4552008: 0.3942009: 0.3942010: 0.3942011: 0.32012: 0.32013: 0.32014: 0.32015: 0.32016: 0.32017: 0.32018: 0.32019: 0.32020: 0.32021: 0.32022: 0.32023: 0.32024: 0.3

Source: World Bank.

Analysis

The most recent figure for regulatory quality - standard error of the governance estimate in Micronesia (country) is 0.2997, measured in 2024. That is the lowest value across all 21 years on record.

That represents a change of unchanged over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Micronesia (country) peaked at 0.4849 in 2004 and was at its lowest, 0.2997, in 2011.

That places Micronesia (country) 20th out of 204 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4397 0.3937 0.4849 6
2010s 0.3091 0.2997 0.3937 10
2020s 0.2997 0.2997 0.2997 5

Countries ranked near Micronesia (country)

  1. 17 Marshall Islands 0.3243 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

See the full ranking of 205 places →

More reference data data for Micronesia (country)

All data for Micronesia (country) →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Micronesia (country)?
Regulatory quality - standard error of the governance estimate in Micronesia (country) was 0.2997 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Micronesia (country)?
The highest recorded value was 0.4849 in 2004.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Micronesia (country)?
The lowest recorded value was 0.2997 in 2011.
How does Micronesia (country) rank for regulatory quality - standard error of the governance estimate?
Micronesia (country) ranks 20th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Micronesia (country)?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Micronesia (country) 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 — 21 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