Rule of Law - Standard error of the governance estimate in Venezuela, Bolivarian Republic of

Venezuela, Bolivarian Republic of: Rule of Law - Standard error of the governance estimate was 0.1477 in 2024. ▼ Falling

Latest (2024)
0.1477
Change on year
unchanged
World rank
156th
of 208 countries
All-time high
0.1853
in 1996
All-time low
0.1397
in 2011
Years of data
26
1996–2024

Rule of Law - Standard error of the governance estimate in Venezuela, Bolivarian Republic of, 1996–2024

00.050.10.150.21996201020241996: 0.1851998: 0.1852000: 0.1852002: 0.1782003: 0.1722004: 0.1712005: 0.1672006: 0.1652007: 0.1652008: 0.1652009: 0.1622010: 0.1622011: 0.142012: 0.142013: 0.1422014: 0.1422015: 0.1422016: 0.1422017: 0.142018: 0.1422019: 0.1422020: 0.1492021: 0.152022: 0.1472023: 0.1482024: 0.148

Source: World Bank.

Analysis

Venezuela, Bolivarian Republic of recorded 0.1477 for rule of law - standard error of the governance estimate in 2024.

Compared with earlier readings it is up 4.0% over ten years.

Over the whole period, rule of law - standard error of the governance estimate in Venezuela, Bolivarian Republic of peaked at 0.1853 in 1996 and was at its lowest, 0.1397, in 2011.

Venezuela, Bolivarian Republic of ranks 156th of 208 countries on this measure, in the middle of the range.

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 Venezuela, Bolivarian Republic of, year by year

Annual values for Rule of Law - Standard error of the governance estimate in Venezuela, Bolivarian Republic of, 1996 to 2024.
Year Value Change
1996 0.1853
1998 0.1853 +0.0%
2000 0.1853 +0.0%
2002 0.1781 -3.9%
2003 0.1722 -3.3%
2004 0.1711 -0.6%
2005 0.1667 -2.6%
2006 0.1653 -0.8%
2007 0.1653 +0.0%
2008 0.1653 +0.0%
2009 0.1617 -2.2%
2010 0.1617 +0.0%
2011 0.1397 -13.6%
2012 0.1397 +0.0%
2013 0.1421 +1.7%
2014 0.1421 +0.0%
2015 0.1421 +0.0%
2016 0.1421 +0.0%
2017 0.1402 -1.3%
2018 0.142 +1.3%
2019 0.142 +0.0%
2020 0.1489 +4.8%
2021 0.1496 +0.5%
2022 0.147 -1.7%
2023 0.1477 +0.5%
2024 0.1477 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.1853 0.1853 0.1853 2
2000s 0.1701 0.1617 0.1853 9
2010s 0.1434 0.1397 0.1617 10
2020s 0.1482 0.147 0.1496 5

Countries ranked near Venezuela, Bolivarian Republic of

  1. 154 Republic of Korea 0.1477 compare
  2. 154 Singapore 0.1477 compare
  3. 157 Nicaragua 0.1474 compare
  4. 158 South Africa 0.1474 compare
  5. 159 Pakistan 0.1471 compare

See the full ranking of 208 places →

More reference data data for Venezuela, Bolivarian Republic of

All data for Venezuela, Bolivarian Republic of →

Frequently asked questions

What is rule of law - standard error of the governance estimate in Venezuela, Bolivarian Republic of?
Rule of law - standard error of the governance estimate in Venezuela, Bolivarian Republic of was 0.1477 in 2024, according to the World Bank.
What is the highest rule of law - standard error of the governance estimate recorded in Venezuela, Bolivarian Republic of?
The highest recorded value was 0.1853 in 1996.
What is the lowest rule of law - standard error of the governance estimate recorded in Venezuela, Bolivarian Republic of?
The lowest recorded value was 0.1397 in 2011.
How does Venezuela, Bolivarian Republic of rank for rule of law - standard error of the governance estimate?
Venezuela, Bolivarian Republic of ranks 156th out of 208 countries with data for 2024.
Is rule of law - standard error of the governance estimate rising or falling in Venezuela, Bolivarian Republic of?
Over the last ten years it is up 4.0%. The long-run trend across the full record is falling.
Where does this Venezuela, Bolivarian Republic of 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 Venezuela, Bolivarian Republic of. Statizoid. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/rule-of-law-standard-error-of-the-governance-estimate/venezuela-rb/

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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