Rule of Law - Standard error of the governance estimate in Nicaragua

Nicaragua: Rule of Law - Standard error of the governance estimate was 0.1474 in 2024. ▼ Falling

Latest (2024)
0.1474
Change on year
unchanged
World rank
157th
of 208 countries
All-time high
0.1959
in 1996
All-time low
0.1354
in 2012
Years of data
26
1996–2024

Rule of Law - Standard error of the governance estimate in Nicaragua, 1996–2024

00.050.10.150.21996201020241996: 0.1961998: 0.1962000: 0.1962002: 0.1872003: 0.1812004: 0.1782005: 0.1632006: 0.1592007: 0.1592008: 0.1592009: 0.1592010: 0.1592011: 0.1592012: 0.1352013: 0.1382014: 0.1382015: 0.1412016: 0.1412017: 0.1412018: 0.1422019: 0.1422020: 0.1492021: 0.1492022: 0.1472023: 0.1472024: 0.147

Source: World Bank.

Analysis

The most recent figure for rule of law - standard error of the governance estimate in Nicaragua is 0.1474, measured in 2024.

The figure is up 7.2% over ten years.

Over the whole period, rule of law - standard error of the governance estimate in Nicaragua peaked at 0.1959 in 1996 and was at its lowest, 0.1354, in 2012.

That places Nicaragua 157th out of 208 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.

Rule of Law - Standard error of the governance estimate in Nicaragua, year by year

Annual values for Rule of Law - Standard error of the governance estimate in Nicaragua, 1996 to 2024.
Year Value Change
1996 0.1959
1998 0.1959 +0.0%
2000 0.1959 +0.0%
2002 0.1874 -4.3%
2003 0.1806 -3.6%
2004 0.1781 -1.4%
2005 0.1633 -8.3%
2006 0.1594 -2.4%
2007 0.1594 +0.0%
2008 0.1594 +0.0%
2009 0.1594 +0.0%
2010 0.1594 +0.0%
2011 0.1594 +0.0%
2012 0.1354 -15.0%
2013 0.1376 +1.6%
2014 0.1376 +0.0%
2015 0.1405 +2.1%
2016 0.1405 +0.0%
2017 0.1405 +0.0%
2018 0.1424 +1.3%
2019 0.1424 +0.0%
2020 0.1493 +4.9%
2021 0.1493 +0.0%
2022 0.1468 -1.7%
2023 0.1474 +0.5%
2024 0.1474 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1959 0.1959 0.1959 2
2000s 0.1714 0.1594 0.1959 9
2010s 0.1436 0.1354 0.1594 10
2020s 0.148 0.1468 0.1493 5

Countries ranked near Nicaragua

  1. 154 Republic of Korea 0.1477 compare
  2. 154 Singapore 0.1477 compare
  3. 156 Venezuela, Bolivarian Republic of 0.1477 compare
  4. 158 South Africa 0.1474 compare
  5. 159 Pakistan 0.1471 compare
  6. 160 India 0.1471 compare

See the full ranking of 208 places →

More reference data data for Nicaragua

All data for Nicaragua →

Frequently asked questions

What is rule of law - standard error of the governance estimate in Nicaragua?
Rule of law - standard error of the governance estimate in Nicaragua was 0.1474 in 2024, according to the World Bank.
What is the highest rule of law - standard error of the governance estimate recorded in Nicaragua?
The highest recorded value was 0.1959 in 1996.
What is the lowest rule of law - standard error of the governance estimate recorded in Nicaragua?
The lowest recorded value was 0.1354 in 2012.
How does Nicaragua rank for rule of law - standard error of the governance estimate?
Nicaragua ranks 157th out of 208 countries with data for 2024.
Is rule of law - standard error of the governance estimate rising or falling in Nicaragua?
Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
Where does this Nicaragua data come from?
The figures come from the World Bank, published as part of Rule of Law - Standard error of the governance estimate. Statizoid updates them automatically from the source API.

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Rule of Law - Standard error of the governance estimate in Nicaragua. Statizoid. Retrieved 31 August 2026, from https://reference.statizoid.com/stat/rule-of-law-standard-error-of-the-governance-estimate/nicaragua/

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About this data

Indicator
Rule of Law - Standard error of the governance estimate
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
208 places, 5,320 data points, 1996–2024
Last refreshed