Regulatory Quality - Standard error of the governance estimate in Somalia

Somalia: Regulatory Quality - Standard error of the governance estimate was 0.1705 in 2024. ▼ Falling

Latest (2024)
0.1705
Change on year
down 2.4%
World rank
175th
of 204 countries
All-time high
0.403
in 1996
All-time low
0.1705
in 2024
Years of data
26
1996–2024

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

00.10.20.30.41996201020241996: 0.4031998: 0.4032000: 0.4032002: 0.3052003: 0.3052004: 0.2082005: 0.2082006: 0.2082007: 0.2082008: 0.2082009: 0.1882010: 0.1942011: 0.1942012: 0.1942013: 0.1892014: 0.1892015: 0.1892016: 0.1892017: 0.1752018: 0.1752019: 0.1752020: 0.1752021: 0.1752022: 0.1752023: 0.1752024: 0.17

Source: World Bank.

Analysis

Somalia recorded 0.1705 for regulatory quality - standard error of the governance estimate in 2024. That is the lowest value across all 26 years on record.

The figure is down 2.4% on the previous year and down 9.7% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Somalia peaked at 0.403 in 1996 and was at its lowest, 0.1705, in 2024.

That places Somalia 175th out of 204 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.403 0.403 0.403 2
2000s 0.2489 0.1882 0.403 9
2010s 0.1861 0.1747 0.1939 10
2020s 0.1738 0.1705 0.1747 5

Countries ranked near Somalia

  1. 172 Djibouti 0.1712 compare
  2. 172 Eritrea 0.1712 compare
  3. 176 Burundi 0.1674 compare
  4. 177 Chad 0.1672 compare
  5. 177 Lesotho 0.1672 compare

See the full ranking of 205 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Somalia?
Regulatory quality - standard error of the governance estimate in Somalia was 0.1705 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Somalia?
The highest recorded value was 0.403 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Somalia?
The lowest recorded value was 0.1705 in 2024.
How does Somalia rank for regulatory quality - standard error of the governance estimate?
Somalia ranks 175th out of 204 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Somalia?
Over the last ten years it is down 9.7%. The long-run trend across the full record is falling.
Where does this Somalia 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