Regulatory Quality - Standard error of the governance estimate in Thailand

Thailand: Regulatory Quality - Standard error of the governance estimate was 0.1963 in 2024. ▼ Falling

Latest (2024)
0.1963
Change on year
unchanged
World rank
116th
of 206 countries
All-time high
0.2405
in 1996
All-time low
0.1904
in 2011
Years of data
26
1996–2024

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

00.050.10.150.20.251996201020241996: 0.2411998: 0.2412000: 0.2412002: 0.2142003: 0.2142004: 0.2062005: 0.2062006: 0.2062007: 0.2062008: 0.2062009: 0.2062010: 0.2062011: 0.192012: 0.192013: 0.192014: 0.192015: 0.192016: 0.192017: 0.192018: 0.192019: 0.1962020: 0.1962021: 0.1962022: 0.1962023: 0.1962024: 0.196

Source: World Bank.

Analysis

In 2024, regulatory quality - standard error of the governance estimate in Thailand stood at 0.1963.

That represents a change of up 3.1% over ten years.

Over the whole period, regulatory quality - standard error of the governance estimate in Thailand peaked at 0.2405 in 1996 and was at its lowest, 0.1904, in 2011.

That places Thailand 116th out of 206 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.

Regulatory Quality - Standard error of the governance estimate in Thailand, year by year

Annual values for Regulatory Quality - Standard error of the governance estimate in Thailand, 1996 to 2024.
Year Value Change
1996 0.2405 —
1998 0.2405 +0.0%
2000 0.2405 +0.0%
2002 0.2139 -11.1%
2003 0.2139 +0.0%
2004 0.2063 -3.5%
2005 0.2063 +0.0%
2006 0.2063 +0.0%
2007 0.2063 +0.0%
2008 0.2063 +0.0%
2009 0.2063 +0.0%
2010 0.2063 +0.0%
2011 0.1904 -7.7%
2012 0.1904 +0.0%
2013 0.1904 +0.0%
2014 0.1904 +0.0%
2015 0.1904 +0.0%
2016 0.1904 +0.0%
2017 0.1904 +0.0%
2018 0.1904 +0.0%
2019 0.1963 +3.1%
2020 0.1963 +0.0%
2021 0.1963 +0.0%
2022 0.1963 +0.0%
2023 0.1963 +0.0%
2024 0.1963 +0.0%

Thailand compared with similar countries

  • Thailand's 0.1963 is below the median for upper middle income countries, which is 0.2083, 94% of the median. (59 countries reporting)
  • Thailand's 0.1963 is below the median for East Asia & Pacific, which is 0.2219, 88% of the median. (34 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.2405 0.2405 0.2405 2
2000s 0.2118 0.2063 0.2405 9
2010s 0.1926 0.1904 0.2063 10
2020s 0.1963 0.1963 0.1963 5

Countries ranked near Thailand

  1. 114 Kosovo 0.1968 compare
  2. 114 Kosovo (UNSCR 1244) 0.1968 compare
  3. 116 Argentina 0.1963 compare
  4. 116 Brazil 0.1963 compare
  5. 116 Chile 0.1963 compare
  6. 116 Kuwait 0.1963 compare
  7. 116 Lithuania 0.1963 compare
  8. 116 Russia 0.1963 compare
  9. 116 Ukraine 0.1963 compare
  10. 116 United Arab Emirates 0.1963 compare
  11. 116 Venezuela 0.1963 compare

See the full ranking of 206 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is regulatory quality - standard error of the governance estimate in Thailand?
Regulatory quality - standard error of the governance estimate in Thailand was 0.1963 in 2024, according to the World Bank.
What is the highest regulatory quality - standard error of the governance estimate recorded in Thailand?
The highest recorded value was 0.2405 in 1996.
What is the lowest regulatory quality - standard error of the governance estimate recorded in Thailand?
The lowest recorded value was 0.1904 in 2011.
How does Thailand rank for regulatory quality - standard error of the governance estimate?
Thailand ranks 116th out of 206 countries with data for 2024.
Is regulatory quality - standard error of the governance estimate rising or falling in Thailand?
Over the last ten years it is up 3.1%. The long-run trend across the full record is falling.
Where does this Thailand 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.

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Regulatory Quality - Standard error of the governance estimate in Thailand. Statizoid. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/regulatory-quality-standard-error-of-the-governance-estimate/thailand/

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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
206 places, 5,186 data points, 1996–2024
Last refreshed